Public Management

DRC: Government launches 2023-2027 Cassava Value Chain Development Project

DRC: Government launches 2023-2027 Cassava Value Chain Development Project
Monday, 06 November 2023 18:27

The Democratic Republic of Congo is Africa's second-largest cassava producer, after Nigeria. The tuber is the country’s most-consumed staple and an essential agricultural product for value creation in rural areas.

The minister of agriculture of DRC, Désire Nzinga Birihanze, kicked off the "Cassava Value Chain Development Project" in Kinshasa on November 2.

With a total cost of $6.5 million, the program is funded by the US Agency for International Development (USAID). It will be implemented over the period 2023-2027 in collaboration with the International Institute of Tropical Agriculture (IITA).

"This project will improve the functioning of the cassava value chain with interventions at each link such as input and seed supply, root production techniques, processing, quality standards and the business environment. It will take an integrated approach to addressing low cassava yields by combining best agricultural practices", reads a release.

The focus will also be on promoting the use of cassava flour in bread-making and pastry-making. This aligns with the Congolese government's ambition to substitute 10-20% of wheat flour used in bakery products with cassava bread flour, with a view to reducing bread production costs and wheat imports.

According to official data, on average, the DRC’s cassava purchases on the international market stand at $87 million per year. In 2021, the country produced 45.6 million tons of cassava, according to its Central Bank (BCC).

Stéphanas Assocle

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
DRC central bank to launch Bloomberg FXGO DRC platform Six-week beta underway before rollout within two months System aims to boost FX...
Bank records $10 million loss from sale of Cameroon and Gambia units. Exit cuts $300 million in risk-weighted assets. Move...
Central Bank reviewing core banking laws to clarify fintech and digital banking oversight Kenya remains one of Africa’s largest fintech...
New naira 75 billion ($55.4 million) private debt fund targets Nigeria’s agribusiness sector. First phase aims to raise naira 25 billion from...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...

BOAD Launches 2026–2030 Strategy With Boston Consulting Group Support
03

Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...

Nigeria: Investigation on Chinese Owned Temu Regarding Privacy Breach Concerns for Local Users
04

BOAD appointed Adji Sokhna M’Baye as Chief Executive Officer of BOAD Market Solutions, its new str...

BOAD Names Adji Sokhna M’Baye CEO of Structured Finance Unit
05

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...

Algeria–Morocco: Will the Gas Pipeline Duel Take Place? (Editorial)
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.