OCP Africa, IFC pool efforts to strengthen the rice sectors in Côte d’Ivoire and millet in Senegal
OCP Africa and the International Finance Corporation (IFC), a member of the World Bank Group, have announced this Monday a partnership to strengthen value chains of rice in Côte d’Ivoire and millet in Senegal, and to help improve the living conditions of thousands of smallholder farmers.
These crops, essential to ensure food security in these two West African countries, operate at yields well below their full potential due in part to a lack of professionalization, inadequate agricultural practices, and lack of access to financing, OCP Africa, a subsidiary of Morocco’s OCP Group, the world leader in the phosphate and derivatives market, and IFC said in a joint statement.
As part of this partnership, IFC will provide consulting services to farmers and agricultural groups that are members o...