
WASHINGTON-(MaraviPost)– In a bid to boost the quality and quantity of various agricultural products for domestic and export markets, the World Bank on Monday, approved US$95 million to Malawi government agriculture commercialization.
Dubbed as Agriculture Commercialization Project (AGCOM), the initiative is expected to support 70,000 farmers and 300 producer organizations.
In a press statement made available to The Maravi Post, the Bank says the project will create a conducive environment for farmers and agro-businesses to operate.
The project will also support last-mile infrastructure, such as feeder roads, electricity, and support to agro-business reforms and strengthening the warehouse receipt system in Malawi. Continue reading World Bank approves US$95 million to Malawi for commercial agriculture