PRESS RELEASE
FOR IMMEDIATE RELEASE
CONTACT:
Marie K. Thompson
DATE: September 30, 2002

IFDC Receives Grant from USAID for Ghana Project


Muscle Shoals, AL
-- The U.S. Agency for International Development (USAID) today awarded IFDC a US $584,800 grant for a project to develop agricultural input markets in Ghana.  The 1-year project, entitled "Technical and Business Training for Agricultural Input Dealers and Importers in Ghana," will set the stage for the development of a market-based agricultural inputs marketing system, which will improve smallholder access in Ghana to affordable, appropriate, and improved quality seed and fertilizers through entrepreneurs both at the procurement and distribution levels.

In particular, the project will provide needs-based localized training programs and workshops targeted to upgrade the business acumen and technical knowledge of private sector agricultural input marketers, bankers, and officials of the Ministry of Food and Agriculture (MOFA).  The project staff will also provide direct technical assistance to private sector entrepreneurs on such matters as strategic planning, demand forecasting, dealer-farmer advisory services, safety issues, procurement, and credit.

Upon learning of the new grant to IFDC to further its work in market development in Africa, U.S. Senator Jeff Sessions (R-Alabama) had this to say:  "Over the years I have worked closely with the IFDC, and I am pleased that USAID has recognized the critical need they meet.  IFDC has a long history of improving the quality of life for rural populations across the world, and I know that the citizens of Ghana will benefit from their work."

In 2001 IFDC, with funding support from USAID, the Netherlands Minister for development Cooperation (DGIS), and Sasakawa Global 2000 (SG 2000), completed an Action Plan for Developing Agricultural Inputs Markets in Ghana. The Action Plan recommended a holistic approach to strengthen the functioning of the inputs markets by focusing efforts on policy environment, human capital development, improved access to finance and information, and
effective enforcement of regulatory systems. Based on the Action Plan, USAID/Ghana has agreed to fund the 1-year project activity, which will focus on the development of human capital and lay the foundation for the long-term project on market development.

The need for agricultural advancement in Ghana is critical.  The country needs to boost its agricultural productivity in order to increase rural incomes, meet the growing demand for food, and reverse the rapid soil nutrient depletion that degrades the environment.  Currently, about 29% of the Ghanaians live below the national poverty line.  The most affected are the rural poor and women.  This undesirable situation is partly due to the low agricultural productivity arising from the inherently low fertility of Ghanaian soils and a low fertilizer use (3.1 kg of nutrients per hectare).  IFDC staff members who are involved in the new project hope to rectify this situation. 

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