Home » Canada Invests $7.3 Million to Enhance Food Security and Sustainability in Africa

Canada Invests $7.3 Million to Enhance Food Security and Sustainability in Africa

by Beuuy Sanga

Key Takeaways:

▪️ Global Affairs Canada allocates $7.3 million to enhance food security and sustainability in Africa.

▪️The initiative prioritizes aiding smallholder farmers, with a specific emphasis on empowering women and youth.


▪️ The funding supports the Africa Fertilizer Financing Mechanism (AFFM) and its program, Fostering Africa’s Agricultural Productivity through Fertilizer Value Chain Financing (FOSTER).

▪️The program aims to improve access to fertilizers, empower 800,000 farmers, and increase crop yields by 30%

Funding Overview

Global Affairs Canada has committed $7.3 million to bolster African agricultural productivity and sustainability.

This initiative targets supporting smallholder farmers, with a particular focus on women and youth.

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The funding will be directed towards the Africa Fertilizer Financing Mechanism (AFFM) and its FOSTER program. Fostering Africa’s Agricultural Productivity through Fertilizer Value Chain Financing aims to expand access to fertilizers through innovative financing solutions and by strengthening the capacity of Africa’s agricultural sector.

Key components of the program include:

Credit guarantees: Facilitating fertilizer purchases on credit for importers and aggregators, ensuring a stable supply.

Technical and policy assistance: Promoting soil health, and establishing fertilizer policies prioritising gender equality and sustainable practices.

Targeted impact: The program seeks to empower 800,000 smallholder farmers and enhance fertilizer utilization, aiming for a 30% increase in crop yields.

This investment by Global Affairs Canada is a significant step towards achieving greater food security and agricultural sustainability in Africa.

By supporting smallholder farmers, particularly women and youth, this initiative has the potential to improve livelihoods and contribute to economic growth across the continent.

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