Development cooperation

AgroBIG II: Programme for Agro-Business Induced Growth in the Amhara National Regional State, second phase

Description

The project is the second phase of AgroBIG (Programme for Agro-Business Induced Growth in the Amhara National Regional State) that supports rural economic development in Amhara, Ethiopia. The project duration was originally 2021-2021, but one year extension is needed until December 2022. AgroBIG II aims to reduce poverty and inequalities by supporting the development of value chains so that the livelihoods of the rural population participating in the project will improve. The aimed impact of the project is that agriculture provides decent and sustainable livelihood and increased food security to its beneficiaries. To achieve this AgroBIG II has built the capacity of the local population and provided funding for their projects. The AgroBIG II project activities have reached over 470 000 people over 4000 loans have been granted and 3000 new jobs have been created. The project area has been affected by the conflict in the North causing IDPs, inflation and increased poverty. Also COVID has slown down its activities. Although some activities have been delayed, the project implementing model and its objectives have not changed. It is proposed that one year extension for the project until December 2022 and additional 690 000 euros for the project is accepted. The additional funding will be directed to Niras Finland Oy who implements technical support for the project. The original budget for the project is 10.3 million euros, including Finland's support of 9.4 million euros to which the 690 000 would be hence added.

Funding decision

690 000 €

Objectives monitored by OECD's Development Assistance Committee

  • Trade development
  • Aid to environment
  • Gender equality

Field of activity

  • Agricultural development 70%
  • Agricultural financial services 30%

Special target group

  • girls
  • youth
  • people with disability

Funding channel

Niras Finland Oy

Contact

ali-20

Code for the object of funding

23816860

ID

UHA2021-004605

Modified

02.12.2021