Over $5 Million in Funding to Support Farmers and Agribusinesses in Uganda to Become Climate Resilient

KOICA and ITC signal grant association to improve pure catastrophe resilience and competitiveness of farming households and agribusinesses in Uganda, notably affecting ladies farmers in Northern and North-eastern Uganda.

The Government of the Republic of Korea via its improvement company, Korea International Cooperation Agency (KOICA), and the International Trade Centre (ITC) signed a four-year grant association (2022-2026) offering $5.07 million in funding to assist ITC in boosting gender-responsive resilience to pure disasters and competitiveness for farming households and small and medium-sized enterprises (SMEs) in the cassava, shea and oilseed worth chains in ten districts throughout Northern and North-eastern Uganda. The grant association was signed by Taeyoung Kim, KOICA Uganda Country Director, and ITC Deputy Executive Director Dorothy Tembo on the KOICA Uganda workplace in Kampala.

The new challenge named “Strengthening Agribusiness Resilience and Competitiveness – STAR” goals to improve the resilience of smallholder farmers, ladies in explicit, to pure disasters exacerbated by local weather change and environmental degradation in Abim, Agago, Kaabong, Karenga, Kitgum, Kotido, Lamwo, Lira, Oyam,and Pader districts. Producers and agribusinesses can actively contribute to and revenue from choices on how their communities and companies develop and implement catastrophe threat discount measures and regulate to local weather issues.

Targeting 10,000 agricultural/agro-pastoral households and 60 cooperatives and SMEs working in the respective worth chains, ITC assist will deal with: supporting farming households to improve the worth of their manufacturing by adapting to climatic dangers; making a extra supportive enterprise and coverage setting for ladies producers and SMEs; and enabling SMEs to be extra aggressive, resilient to pure disasters and improve their gross sales and increase to new markets.

Background

The partnership reaffirms the shut cooperation between KOICA and ITC, hallmarked with ITC’s three-year SheTrades West Africa challenge working from 2019 to 2023 centered on bettering the lives of 10,000 ladies in the cashew, shea and cassava sector in Côte d’Ivoire, Guinea, Liberia and Sierra Leone. The new funding helps ITC’s efforts to hyperlink small companies in growing international locations to worldwide markets via inclusive and inexperienced commerce.