IFAD awards PhytoTrade Africa grant
PhytoTrade Africa is very pleased to announce the approval of a new long
term Large Grant from the International Fund for Agricultural Development
(IFAD), based in Rome. This grant covers the ongoing development of
PhytoTrade Africa's key activities in the southern African sub-region,
including the development of the Baobab, Devil's Claw and Mafura industries.
Reflecting the Association's ongoing commitment to ensuring that this trade
in indigenous plants is environmentally sustainable as well as commercially
viable, there is a further emphasis on business services as well as ongoing
market development.
John Cheesmond, PhytoTrade Africa's CEO said that "we are delighted that
IFAD, which has provided support for PhytoTrade since its inception in 2001,
has the continued confidence to maintain its investment with the Association
and the sector. PhytoTrade's ongoing commitment to improving the livelihoods
of poor rural producers through the sustainable and ethical trade in
indigenous plants has a clear influence on this decision."
Geoffrey Livingston, IFAD's Regional Economist for East and Southern Africa,
expressed his pleasure in the ongoing support provided by IFAD for
PhytoTrade. "This new facility for PhytoTrade reflects the strength of the
relationship that has been built up with the Association over the years and
the confidence within which IFAD sees its objectives being achieved in the
future".
term Large Grant from the International Fund for Agricultural Development
(IFAD), based in Rome. This grant covers the ongoing development of
PhytoTrade Africa's key activities in the southern African sub-region,
including the development of the Baobab, Devil's Claw and Mafura industries.
Reflecting the Association's ongoing commitment to ensuring that this trade
in indigenous plants is environmentally sustainable as well as commercially
viable, there is a further emphasis on business services as well as ongoing
market development.
John Cheesmond, PhytoTrade Africa's CEO said that "we are delighted that
IFAD, which has provided support for PhytoTrade since its inception in 2001,
has the continued confidence to maintain its investment with the Association
and the sector. PhytoTrade's ongoing commitment to improving the livelihoods
of poor rural producers through the sustainable and ethical trade in
indigenous plants has a clear influence on this decision."
Geoffrey Livingston, IFAD's Regional Economist for East and Southern Africa,
expressed his pleasure in the ongoing support provided by IFAD for
PhytoTrade. "This new facility for PhytoTrade reflects the strength of the
relationship that has been built up with the Association over the years and
the confidence within which IFAD sees its objectives being achieved in the
future".
