8th Governing Council meeting of the Africa Fertilizer Financing Mechanism

AfDB NEWS & EVENTS

What: 8th Governing Council meeting of the Africa Fertilizer Financing Mechanism

When: 24 January 2020, 9:00am to 4:00pm

Where: African Development Bank - CCIA Building, Abidjan, Côte d’Ivoire

The Africa Fertilizer Financing Mechanism (AFFM) will convene its 8th Governing Council (GC) meeting on 24 January 2020, at the African Development Bank, CCIA building in Abidjan, Côte d’Ivoire.

The meeting will review the AFFM’s 2019 annual report, its 2020 work programme and administrative matters. Council members will also discuss resource mobilization efforts to support the implementation of the Mechanism’s future activities.

The Council, chaired by Amb. Josefa Leonel Correia Sacko, African Union Commissioner for Agriculture and Rural Development, comprises 13 representatives from development institutions, research and extension bodies, donors, African farmers’ organizations and fertilizer development agencies. Members meet at least once a year to decide the general direction and vision of the AFFM. They also set its priorities, objectives and milestones.

The Abidjan meeting will share with members the agenda for the preparation of the upcoming Abuja II Summit, where African leaders and actors of the fertilizer value chain will evaluate progress since the 2006 Abuja Declaration and chart the way forward.

About the Africa Fertilizer Financing Mechanism                                                      

The AFFM was established by the 2006 Abuja Declaration. Through this Declaration, African Union Member States committed to an initiative to improve agricultural productivity by providing financing required to boost fertilizer use in Africa to achieve the target of 50kg of nutrients per hectare. The AFFM is managed by the African Development Bank to accelerate agriculture development within the context of the Africa Food Security Vision, the Sustainable Development Goals and the African Union’s Agenda 2063.