Thanks to a range of diversified financial tools, and its numerous partners, France, through the French Development Agency, has met its financial commitments of 240M Euros over 4 years to support the Madagascar Emergence Plan (2020-2023) . In 2024, the Group will continue its investments in the sectors of education and agricultural development; of female entrepreneurship, and the blue economy, by maximizing favorable efforts for the climate, environment and biodiversity of Madagascar, it is indicated. During his trip to Madagascar, AFD Director General, Rémy Rioux, met numerous stakeholders from civil society, the private sector and public institutions. The AFD Group is listening to them to continue and amplify the actions undertaken, jointly identify new avenues and co-construct solutions. “declared Rémy Rioux at the end of his visit to the Big Island.

In Madagascar, the visit of the Director General of the AFD was, among other things, marked by new signatures in favor of the adaptation of agriculture, the resilience of communities in the face of climate change and the strengthening of the livelihoods of populations. In a rural area. These signatures concern a €49 million project (around MGA 240 billion) in favor of the development of balanced cities (PADEVE 2); a €14.8 million project (approximately MGA 72 billion) with delegated funds from the European Union to strengthen the adaptation of agriculture and the resilience of communities to climate change (Talaky Be); and a project of approximately 25 ME (approximately 122 billion MGA), co-financed by the World Bank to the tune of 200 million USD, aimed at improving productivity and strengthening the resilience of the livelihoods of populations in rural areas (PPRM). New equipment for the Lalankely project was also inaugurated during the visit of the Director General of AFD to Madagascar. Rémy Rioux also visited the Nutri Zaza project supported by AFD with GRET, and which aims to improve the nutritional situation of young Malagasy children through the promotion of maternal and child feeding and hygiene practices, and distribution of fortified products.

Source: actu

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