AFDB apportioned the funding to the African Fertilizer Financing Mechanism (AFFM). Established in 2006, the Africa Fertilizer Financing Mechanism seeks to enhance pan-African agricultural productivity by promoting using fertilizers. The AFFM works multilaterally, focusing on the critical transnational factors impeding fertilizer use to develop comprehensive strategies for jump-starting Africa’s stagnant agricultural productivity.
By facilitating access to fertilizers, the AfDB aims to boost agricultural productivity, enhance soil fertility, and increase farmers’ incomes, ultimately contributing to poverty reduction and economic development in rural communities. The initiative aligns with the Bank’s overarching goals of promoting inclusive growth, improving livelihoods, and achieving food self-sufficiency in Africa.
Mastercard has partnered with payment solutions provider enza to streamline fintech access to its global payment network across Africa.
Intelsat has partnered with the Whitaker Peace & Development Initiative (WPDI), a nonprofit founded by actor and humanitarian Forest Whitaker, to deliver high-speed satellite internet to education centers in conflict-affected regions of East Africa.
The Rwanda ICT Chamber, in partnership with the ILO and the Government of Luxembourg, has launched Innovate4DigiJobs—a new program aimed at creating digital job opportunities for Rwandan youth.
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