Business Headlines

State spends US$15 million on SAPP

OVER US$15 million has been spent so far to implement the Smallholder Agribusiness Promotion Programme (SAPP) that is aimed at increasing the output of small-scale producers across the country.
The programme, jointly supported by the Government and the International Fund for Agricultural Development (IFAD) at a total cost of US$25.4 million, is targeting to benefit about 30,000 small-scale agricultural households by next year.
SAPP programme manager Kwibisa Liywalii said that has been running since 2010 and comes to an end next year. The programme supports small holder farmers involved in livestock, mixed beans, groundnuts and cassava production in all the 10 provinces.
Of the total US$25.4 million, Government has pumped in US$1.5 million while, IFAD provided a loan of US$20.2 million.
The Swedish and Finnish governments provided a grant of US$1.8 million and the beneficiaries will inject US$1.9 million into the programme.
Mr Liywalii said in an interview at the just ended 90th Agricultural and Commercial Show that SAPP is a public-private programme that is committed to reduce rural poverty by stimulating rural economic development through driven transformation of small-scale producers into profitable farmers.
He said plans are underway to include aquaculture and rice on the programme.
“We are in all the 10 provinces of Zambia and we are supporting groundnut production in Eastern province, cassava in Luapula and part of Northern province,” he said.

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