African Development Bank approves $11.7 million to facilitate access to fertilizers for African farmers
The Board of Directors of the African Development Bank have approved a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM) for its 2023 operations. This approval adds up to $16.4 million extended to the Facility to support its 2023 budget. It includes $4.7 million, which was carried over from the previous year.