Canada releases $78m for smallholder food producers in Africa

Women harvest French beans for export in Taita Taveta, coastal Kenya.

Women harvest French beans for export in Taita Taveta, coastal Kenya. PHOTO | AFP

The Canadian government has announced a $78 million contribution to a funding kitty of the African Development Bank (AfDB) to aid local food producers improve their yield.

The money, to be disbursed as concessional loans, will target small and medium enterprises involved in agribusiness especially those founded and run by women.