Friday, November 22, 2024

Zambia and USA Sign US$491.75 Million Farm-to-Market Grant to Boost Agriculture

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The governments of Zambia and the United States of America have signed a landmark US$491.75 million Millennium Challenge Corporation (MCC) Zambia Farm-to-Market Compact to enhance agriculture and agro-processing sectors across the country. The signing ceremony took place in Lusaka, with President Hakainde Hichilema highlighting the importance of the grant in driving Zambia’s economic recovery and transformation agenda.

This debt-free grant consists of US$458 million from the MCC and US$33.75 million from the Zambian government. It is designed to strengthen food security, reduce the cost of transporting goods to markets, and increase access to farming equipment and financing for agricultural infrastructure. The initiative also aims to catalyze policy reforms to attract more private investment in Zambia’s agriculture sector.

Upgrading Roads to Enhance Market Access

Key infrastructure projects under the Compact include the upgrading of major roads, such as the Chipata-Lundazi road to Magodi and the Mumbwa to Landless Corner road. These improvements are expected to enhance market access for farmers and unlock the agricultural productivity in those regions.

President Hichilema emphasized that the grant fits perfectly into Zambia’s economic recovery program, especially following the successful restructuring of the country’s debt. “This compact comes at the right time and aligns with our transformation agenda,” said the President. He also reiterated the government’s commitment to strengthening its partnership with the United States and encouraged more US private sector investments in Zambia.

Collaborative Efforts and Sector Productivity

The President appealed to all stakeholders in the agriculture sector to increase their productivity to fully benefit from the Compact. He expressed gratitude to the American people and government for their continued support and underlined that this grant reflects the deepening ties between the two nations.

Speaking at the same event, Minister of Finance and National Planning Situmbeko Musokotwane highlighted that the Compact was developed through a consultative process involving academia, civil society, and other stakeholders. He explained that the roads selected for upgrading were chosen due to their high agricultural potential and productivity.

The Farm-to-Market Compact is expected to significantly boost Zambia’s agricultural sector by lowering transportation costs, increasing market access, and promoting private investment, laying a strong foundation for long-term economic growth.

This initiative signals a new chapter in US-Zambia cooperation, with both governments committed to building a more sustainable and prosperous future.

27 COMMENTS

  1. Can’t wait to see this actualized. We have talked enough; now let’s put boots on the ground and see some action.

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  2. ” Debt free grant”……no wonder we will never develop…and praise singers because of their begger mentality will start jumping up and down…WHEN WILL AFRICANS LEARN TO FEND FOR THEMSELVES INSTEAD OF WAITING FOR BREADCRUMBS FROM THE WEST….

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    • Germany Japan most of Europe and can even put China in there had American aid to develop direct money or preferential treatment. You take the grant and make the most that can of it maybe you will be able to give grant one day .

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    • it is natural practice to give and aid th have not, the emerging persons , groups and nations as far as development is concerned . pretending to be what you’re not is foolishness of highest degree. yes you can have land, mineral deposits and other natural resources but if you dont have money, machinery and technical know how ,,,,,kafwafwa. it is for this reason that HH is busy empowering citizens with free education and skills , and mobilizing financial resources. plz appreciate somethings that HH IS DOING for they are a foundation of sustainable development towards economic independence and graduation from perpetual dependency on grants

    • Ba Anonymous ,it is natural practice to give and aid th have not, the emerging persons , groups and nations as far as development is concerned . pretending to be what we’re not doesn’t help iin any way. yes you can have land, mineral deposits and other natural resources but if you dont have money, machinery and technical know how ,,,,,kafwafwa. it is for this reason that HH is busy empowering citizens with free education and skills , and mobilizing financial resources. plz appreciate somethings that HH IS DOING for they are a foundation of sustainable development towards economic independence and graduation from perpetual dependency on grants

  3. Grant and Aid has been flowing into the country but nothing much has been happening
    On the ground.Hope a new dawn era will bring
    Change this time.

  4. A borrower is always a slave of the lender, we have natural resources that we should have turning into finished products but no we give all at cheap prices… politicians are demons in flesh

  5. This is how low we stooped, good at receiving handouts.. kwena!!! Sometimes you wonder who bewitched our leaders from the beginning of time. You see them with suits, their fancy cars & houses with big tummies with Zambian english accent. My fellow country men, you are own your own, non of them gives a hoot.

  6. And i said Jail is for the poor people…in a few days time GBM will be a free man after ” serving his 5 year sentence with hard labor “….so only crooked Politicians can appeal their sentences…..

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  7. When will we also start lending or giving money to other nations? We’re like a family where everyone depends on the first born

  8. Look at the tribal haters above, always complaining, they never offer constructive ideas……….

    Picture this………

    GRZ should establish micro farming sectors run by provern Gardeners ……..

    These 30 acre blocks will have a solar bore hole, tank and irrigation with plots divided to accommodate 30 gardens for the production of vegetable crops………

    These micro farming communities can be enhanced with fish ponds designed so that the water from the bore hole reaches the fish ponds first then nutrient rich water runs off through irrigation channels to the gardening plots………

    These micro blocks can form cooperatives to market and sell the produce with competitions for best run blocks bring held…….

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    • ……..Whole framing eco systems can be created by these farming blocks…….

      Mmmmm……haters……think like that

      Forwadee 2031

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    • Different farming blocks can be created specifically for growing spices, flowers and blocks for fruits……..

      These are all fenced off self contained farming blocks with toilets, a weighing and packaging selling area and a cooking area for the farmers ……….

      Mmmmmm…….think along those lines……

      We are here…..

      Forwadee 2031

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  9. @SPAKE is bewitched big time!!!!! No one is condemning any tribe above, you are the tribalistic backward goon. TSEKI man!!!

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    • Mmmmmm……….badala

      Be constructive for once…….

      Even Dejavu speaks sense sometimes times when he doesn’t smoke………

      Fo….Fo……Forwadee 2031

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  10. I really now think successive Zambian governments are without a single aorta of shame because where else in Heavan or Hell can you find people who take so much pride in accruing debt? Butoto bwa Zambia bu tulile mungomo-tuna wa kacipembe!

    • Time for inflection………

      Ask your self why all the haters of HH are from one tribe ????

      And some surrogate defacto bemba converts from the east……….

      Then ask your self , if HH was from the right tribe , your tribe…..would you allow him a chance for his 5 year mandate ?…..ofcourse you would…….

      Some of you just condem for no other reason than tribal reasons……..

      Forwardee 2031………

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    • Most of the haters are the same ones from before 2021 when HH was in opposition………

      They are mostly the same ones who were spewing tribal hate encouraged by lungu and kambwili………

      Though now they have toned down on direct tribal attack , it is now indirect tribal attack……..

      They are the same people……

      Forwadee 2031

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    • @ Spaka
      You’re wrong…Majority of Zambians like HH and no one hates HH because of his tribe…they just use tribal tricks for Political gains….have you ever heard of divide and rule…thats the tactics Politicians use…remember Rupiah Banda with his wako ni wako tactics or umodzi kumawa…as Zambians we should ignore tribal hatred

  11. it is natural practice to give and aid th have not, the emerging persons , groups and nations as far as development is concerned . let us stop pretending to be what you’re not. yes you can have land, mineral deposits and other natural resources but if you dont have money, machinery and technical know how ,,,,,kafwafwa. it is for this reason that HH is busy empowering citizens with free education and skills , and mobilizing financial resources. plz appreciate somethings that HH IS DOING for they are a foundation of sustainable development towards economic independence and graduation from perpetual dependency on grants

  12. STREATHAM, it is natural practice to give and aid the have not, the emerging persons , groups and nations as far as development is concerned . pretending to be what we’re not doesn’t help . yes you can have land, mineral deposits and other natural resources but if you dont have money, machinery and technical know how ,,,,,kafwafwa. it is for this reason that HH is busy empowering citizens with free education and skills , and mobilizing financial resources so as to create re a foundation of sustainable development towards economic independence and graduation from perpetual dependency on grants

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