The financing agreement of 28 million euros, about 18 billion 340 million CFA francs was initialed this weekend in Ouagadougou by the Burkinabe Minister of Economy, Finance and Development, Mrs. Hadizatou Rosine Coulibaly and Jean Lamy the Ambassador, Head of the Delegation of the European Union.
This amount, intended to support the project for the development of the value-added of agricultural sectors (VAFA), will make it possible, according to Burkinabé officials, to add value to the agricultural sectors. “This financing will make financial resources available to our country. to meet challenges in the areas of food and nutrition security, and sustainable agriculture, “said Rosine Coulibaly.
On the side of the European diplomat, the challenge of this financial assistance is the modernization of agriculture “the VAFA project will develop an economic and technical environment around agricultural sectors favorable to the increase of trade and commerce, especially in the areas of business law, regulation of standards and food safety, “niche products”, as well as the legal framework of contract farming “declined Jean Lamy.
The two parties have welcomed, for example, the access of Burkina Faso’s honey, like two other African countries, to the European single market of 500 million euros, thanks to its quality label.
