Rwanda’s agriculture sector gets €200 million boost from EU

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Rwanda’s bold steps towards  agriculture transformation has a positive nod  from European Union as it extended Rwf 173 million(euro 200 million)to support towards the country’s agriculture transformation.

The   grant is expected to support transformation in the areas of nutrition improvement in rural communities, increase number of food secure households and make farmers more efficient in cropping patterns and land use.

“This support will contribute to the ongoing transformational efforts in the sector,” said Amb Claver Gatete, minister of finance and Economic planning during the signing of the grant on Thursday.

The minister also noted that grant will assists in improving farming methods, increasing food security and creating jobs, extend the irrigation network to cover more households and spread agro-forestry in hilly and terraced areas

In an effort to bolster the country’s largest sector contributing percent to GDP, the government embarked on increasing productivity while also introducing science, technology and innovation.

The grant also comes as biggest financing the European Union has ever provided to Rwanda, a signal he Union backs government’s development agenda.

“It will support what the government has set out as its vision to stimulate farming and agro-business, and to improve the lives of Rwandans,” said Michael Ryan, European Union Ambassador in Rwanda

The Ambassador says that despite supporting farmers, the grant will also support businesses and innovative entrepreneurs who add to exports and production, Rwanda’s strategic focus for the government.

This is the biggest grant ever provided to Rwanda by the EU is part of the 11th European Development Fund/National Indicative Program signed in September, 2014.

The development fund signed by European Commission and Rwanda in Brussels contained an envelope worth  € 460 million which running  from 2015-2020.

 

About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

More posts by | Visit the site of Ndaka

 

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