Burkina Faso will launch by July the implementation of the Bagre Growth Pole Project (PAPCB) in the eastern part of the country, thanks to a CFA 16.4 billion francs support from the African Development Bank (AfDB), APA learns Tuesday from the Ministry of Economy and Finance.
The five-year funding from the pan-African financial institution approved early May by the Board of Directors of the AfDB will be used to set up infrastructures and create agricultural value chains in Bagre.
The project aims to increase livestock and agricultural productivity as well as the incomes of the actors in a sustainable and inclusive manner benefiting men, women and youth.
On the long run it will also contribute to develop the value chains (rice, maize and vegetable) identified as a strategic agricultural sector of the Burkinabe government.
The project will take the right bank of Nakanbé River, downstream from the Bagre dam, thus complementing ongoing interventions on the left bank (funded by the World Bank).
Estimated to cost some CFA 20.4 billion francs, the Bagre development project is funded by the AfDB and the Burkinabe state which has contributed a total of CFA 4 billion francs.
Located at about 250 km from Ouagadougou and not far from the border with Ghana and Togo, Bagre is the first growth pole of the country.
Source: starafrica
