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Horticulture Development Support Project-Supplementary Loan (PADMAR-E)
Details
Location:Benin
Status:Approval
Sectors:Agriculture & Rural Development
Languages:English
Description
Horticulture Development Support Project-Supplementary Loan (PADMAR-E) Country: Benin Borrower: Benin Financing Type: Public Sector Instrument: Project Loan Focus Area: Agriculture Approved: 28.08.2024 Status: Ongoing Loan Administrator: IFAD Executing Ag
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tender Background
About the Funding Agency
OPEC Fund for International Development
The OPEC Fund for International Development (OFID) is the intergovernmental development finance institution established in 1976 by the Member States of the Organization of the Petroleum Exporting Countries (OPEC). OFID was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which was held in Algiers, Algeria, in March 1975. A Solemn Declaration of the Conference "reaffirmed the natural solidarity which unites OPEC countries with other developing countries in their struggle to overcome underdevelopment," and called for measures to strengthen cooperation between these countries.
About the Sectors
Agriculture & Rural Development
Comprises agricultural production and rural development activities aimed at improving food systems, livelihoods, and living conditions in rural and non-urban areas.
Key areas:
- Crop cultivation and livestock production
- Agricultural inputs, practices, and equipment
- Rural development and support to farming communities