French Version German Version Russian Version Spanish Version 

Portuguese Version Chinese Version Arabic Version  

us

 

 

 

 

News Release                                                                                                      

Contact: Jennifer DeSimone

For Immediate Release                                                                                      

(202) 673-3916

Jdesimone@usadf.gov  

WASHINGTON, D.C. – June 25, 2009 – The United States African Development Foundation (USADF) has signed a grant to support farmers in Zambia. The grant will benefit the Kadande Farmers Group (KFG) located in Chama District.  

In speaking about the grant, USADF President Lloyd Pierson stated “By directly funding this farmers group, USADF is promoting economic development at the grassroots level in Zambia.” 

KFG is an organization of farmers who grow rice and other crops such as maize and groundnuts, providing a market for the agricultural products its members produce.  The organization has identified a high demand for its rice but cannot meet those demands due to its limited production, storage, and marketing capabilities. 

The eighteen month grant will be used to finance improvements to its financial systems, development of a business and marketing plan, trainings in improved agronomic practices, and purchasing milling equipment. 

USADF began programming in Zambia in 2003. Zambia’s current portfolio stands at twenty-one investment projects totaling nearly $4.6 million dollars. For more information about the portfolio, please visit the country’s quick source page at http://www.adf.gov/USADF-QuickSourceCountryPortfolioPage-Zambia.htm

The United States African Development Foundation (USADF) is a United States Government agency dedicated to expanding access to economic opportunity in Africa. Currently USADF operates in 20 African nations.  Over the past 25 years, USADF has funded nearly 1,500 projects representing in excess of $150 million in support of African enterprises and local African communities.  For more information on USADF, its programs and application guidelines, visit www.usadf.gov

Copyright © 2009 Zambian Chronicle. All Rights Reserved.

Advertisements