The African Development Bank(AfDB) and the Economic Community of West African States (ECOWAS) Commission have signed a Protocol of Agreement for a grant of $11.78 million to strengthen regional rice production, to help ensure food security, and reduce West Africa's dependence on costly rice imports.
The grant was approved by the Bank Group's Board of Directors on 20 November 2024 to finance the Regional Resilient Rice Value Chains Development Program in West Africa (REWARD-ECOWAS).
The grant is matched by a co-financing of $1.18 million by the ECOWAS Commission.
ECOWAS Commission President, Dr.
