The Ministry of Agriculture in Djibouti has officially launched the financing of 50 sub-projects under the BREFONS program, in partnership with the Caisse Populaire d'Épargne et de Crédit de Djibouti-ville et de la région du Nord (CPEC). This initiative aims to support farmers and agro-businesses in Djibouti-ville, Arta, Tadjourah, and Obock regions. The program is funded by the African Development Bank (BAD) and seeks to promote sustainable agricultural practices and climate-resilient agro-businesses.
The BREFONS program is part of the government's efforts to promote socio-economic development in rural areas, empower women and youth, and enhance resilience to climate change. The program will provide financing for small-scale projects that generate income and create jobs. By supporting these projects, the government aims to improve living standards for rural communities and promote entrepreneurship. The program aligns with President Ismaïl Omar Guelleh's vision for Djibouti's development.
A total of 107 sub-projects have been selected for financing under the BREFONS program, with the first phase covering 50 sub-projects in Djibouti-ville, Arta, Tadjourah, and Obock. A second phase will cover 57 additional sub-projects in Ali-Sabieh and Dikhil regions. The program focuses on supporting women and youth in developing viable and sustainable economic activities in the agricultural and agro-pastoral sectors.
The partnership between the Ministry of Agriculture and CPEC aims to facilitate access to financing for beneficiaries and promote climate-resilient agro-businesses. By providing financing for small-scale projects, the program seeks to create jobs and stimulate economic growth in rural areas. The program also aims to enhance the resilience of agricultural systems to climate change.
The BREFONS program is part of a broader effort to promote agricultural development and food security in Djibouti. The program will support the creation of income-generating activities, improve living standards for rural communities, and promote entrepreneurship. By empowering women and youth, the program seeks to contribute to the country's socio-economic development.
The launch of the BREFONS program demonstrates the government's commitment to promoting sustainable agricultural practices and supporting rural communities. The program will have a positive impact on the lives of thousands of people in Djibouti, particularly women and youth. By providing financing for small-scale projects, the program seeks to create a positive and lasting impact on the country's agricultural sector.
The Ministry of Agriculture and CPEC will work together to implement the BREFONS program and ensure its success. The program's impact will be closely monitored, and its outcomes will inform future initiatives to promote agricultural development and food security in Djibouti. Key stakeholders, including farmers, women's groups, and local government officials, will be involved in the program's implementation.
Key points
- The BREFONS program aims to support 107 sub-projects in Djibouti, with a focus on promoting sustainable agricultural practices and climate-resilient agro-businesses.
- The program will provide financing for small-scale projects that generate income and create jobs in rural areas.
- The initiative is part of the government's efforts to promote socio-economic development in rural areas, empower women and youth, and enhance resilience to climate change.
