The Africa Fertilizer Financing Mechanism (AFFM) plans to launch the Fertilizer Financing for Sustainable Agriculture Management Project on Aug. 30 to boost access to fertilizer for 400,000 smallholder farmers in Uganda.
The AFFM is administered by the African Development Bank Group and is a special fund that provides financing solutions to increase fertilizer use and improve agricultural productivity across Africa. The project will provide a $2 million partial trade credit guarantee to fertilizer suppliers and distributors for the delivery of 60,000 mt of fertilizer to 400,000 smallholder farmers in 12 districts of the country.
As part of the project, AFFM and the project’s implementing partner, the African Fertilizer and Agribusiness Partnership (AFAP), will also support activities and training for smallholder farmers to promote soil health and good agriculture practices.
Another program in Kaduna saw the distribution of 500 trucks carrying approximately 15,000 mt of fertilizer to small holders across 23 local government areas of the state. Kaduna State Governor Sen. Uba Sani on Aug. 12 said the 240,000 bags of fertilizer would be distributed free to 120,000 small holder farmers, with each farmer receiving two bags, according to AllAfrica Global Media.