The World Bank granted 5.6 billion FCFA, on Thursday, to help Togo in the implementation of the "Programme National d’Investissements Agricole et de Sécurité Alimentaire" (PNIASA).
This grant is in the Togolese counterpart implementation of the Project for Agricultural Productivity in West Africa which includes PNIASA. The agreement was signed in Lomé by the Resident Representative of the World Bank, Hervé Assah (photo) and Adji Otèh Ayassor, the Minister of Economy and Finance, who was present with him, and the Minister for Agriculture, Kossi Messan Ewovor.
"This support will enable Togo to create conditions conducive to the subregional cooperation for development, dissemination and adoption of agricultural technologies; strengthen the capacity for adaptive research and technology transfer and support the participatory generation, dissemination and accelerated adoption of proven technologies," said Mr. Assah.
"The funds which Togo has just benefited mainly to finance the development and acceleration of improved technologies in the production of major agricultural products," said Mr. Ayassor, also adding that "this funding was timely to supplement the programs already underway as part of ECOWAP to make agriculture the engine of economic growth."