Monday, September 7, 2026

African Development Bank Group awards $16.6 million grant to International Institute of Tropical Agriculture

The African Development Bank Group (AfDB) and the International Institute of Tropical Agriculture (IITA) have signed a $16.61 million grant agreement to launch the third phase of the Technologies for African Agricultural Transformation Program (TAAT-III), aimed at scaling climate-resilient food production across the continent.

The agreement, signed on 18 February 2026 in Abuja, bolsters a shared commitment to modernise African agriculture by scaling proven technologies, strengthening seed systems, and expanding partnerships among research institutions, governments, and private sector actors.

Since its launch in 2018, TAAT has become one of Africa’s most effective and transformative platforms for agricultural innovation, reaching nearly 25 million farmers and boosting productivity across major staples. The initiative has expanded climate-resilient agricultural practices across over 35 million hectares.

Working closely with the Consultative Group of International Agricultural Research Centres (CGIAR) and national and regional partners, TAAT has increased crop yields as much as 69 percent and generated more than $4 billion in additional agricultural value. Countries including Sudan, Ethiopia, Zambia, Zimbabwe, and Nigeria have recorded notable gains in staple crop productivity and resilience to climate shocks.(Press Release)

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

U.S. DFC targets SME investment for Bishoftu International Airport

The United States and Ethiopia are deepening their commercial...

Technical skills not enough: African PFM reforms put leadership at centre stage

Public-sector reform across Africa is rarely held back by...

KEFI suspends Tulu Kapi work until secure environment restored after fatal incident

London-listed mining company Kefi Gold and Copper has immediately...

Addis Chamber moves to lead private sector role at COP32 through new Green Growth Centre

By Eyasu Zekarias The Addis Ababa Chamber of Sectoral Associations...

CBE Reports Birr 60.51 Billion in Non-Interest Income

The Commercial Bank of Ethiopia (CBE) demonstrated robust revenue...

China’s economic significance for the world: Stabilizing the present and sharing the future

By Ambassador Jiang Feng The Wall Street Journal recently commented...

Korea and Africa Chart New Course on AI and Digital Infrastructure at 20th anniversary of KOAFEC

Two decades after its founding, the Korea-Africa Economic Cooperation...
spot_img

Related Articles

Popular Categories

spot_imgspot_img