Côte d’Ivoire - The African Fertilizer Finance Mechanism’s Trade Credit Guarantee
This trade credit guarantee project enables fertilizer importers and aggregators to access fertilizer on credit from Office Chérifien des Phosphates - Africa. The Africa Fertilizer Financing Mechanism runs this project in Côte d’Ivoire and in Ghana.
In Côte d’Ivoire, the implementation covers the following regions: Agneby-Tiassa, Nawa, Tonkpi, Cavally, Guemon. In Ghana, the project covers the following regions: Bono East, Eastern, Northern, North-East, Oti, Upper East and Upper West.
Under this program, farmers make a 20% upfront payment of the cost of fertilizer, with the remaining 80% payment to make after harvest to the importers in Ghana and aggregators in Côte d’Ivoire.
In addition, the project facilitates technical assistance for smallholder farmers to increase their yield and income through capacity building.
This project seeks to improve agricultural productivity and smallholder farmers’ incomes by providing them with timely access to high-quality inputs. The project’s specific objective is to support an efficient increase in fertilizer application.
The African Fertilizer Financing Mechanism, housed at the African Development Bank, strategizes on innovative financial solutions to foster access to quality and affordable fertilizers in Africa.
Côte d’Ivoire - The African Fertilizer Finance Mechanism’s Trade Credit Guarantee
This trade credit guarantee project enables fertilizer importers and aggregators to access fertilizer on credit from Office Chérifien des Phosphates - Africa. The Africa Fertilizer Financing Mechanism runs this project in Côte d’Ivoire and in Ghana.
In Côte d’Ivoire, the implementation covers the following regions: Agneby-Tiassa, Nawa, Tonkpi, Cavally, Guemon. In Ghana, the project covers the following regions: Bono East, Eastern, Northern, North-East, Oti, Upper East and Upper West.
Under this program, farmers make a 20% upfront payment of the cost of fertilizer, with the remaining 80% payment to make after harvest to the importers in Ghana and aggregators in Côte d’Ivoire.
In addition, the project facilitates technical assistance for smallholder farmers to increase their yield and income through capacity building.
This project seeks to improve agricultural productivity and smallholder farmers’ incomes by providing them with timely access to high-quality inputs. The project’s specific objective is to support an efficient increase in fertilizer application.
The African Fertilizer Financing Mechanism, housed at the African Development Bank, strategizes on innovative financial solutions to foster access to quality and affordable fertilizers in Africa.