Farm

Finweek English Edition - - IN BRIEF - An es­ti­mated 2bn

peo­ple in low- and mid­dle-in­come coun­tries de­pend on agri­cul­ture for their liveli­hoods, ac­cord­ing to global de­vel­op­ment ad­vis­ers Dal­berg. Cur­rently, $8.4bn (R97bn) is spent ev­ery year on tech­ni­cal as­sis­tance pro­grammes to help small­hold­ers im­prove their agro­nomic, business and fi­nan­cial skills, and ac­cess to mar­kets. While it may sound like a lot, it equates to an av­er­age of only $18.66 (R216) per farmer, equat­ing to two bags of fer­til­izer, one day of train­ing, or one-eighth of a cow, Dal­berg said. Donors and fun­ders could help more by in­cen­tivis­ing and sup­port­ing fi­nan­cial in­sti­tu­tions to de­velop and de­ploy vi­able prod­ucts for small­hold­ers, co­or­di­nat­ing fi­nan­cial tools and tech­ni­cal as­sis­tance to simultaneously ad­dress mul­ti­ple con­straints across mar­kets, and support gov­ern­ment ex­ten­sion sys­tems to sharpen and im­prove the im­pact of their ser­vices, it said.

51m

Source: Dal­berg

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