The European Union (EU) plans to contribute 1.5 million euros for projects to “improve the income of small cashew producers,” in Guinea-Bissau, according to the documents on the process.
Of that amount, 700,000 euros is earmarked for projects supporting small producers who want to improve the yield and quality of production, according to Portuguese news agency Lusa.
Another 700,000 euros is for the integration of activities of small producers in the value chain, promoting local cashew processing and improving the management skills of the sector’s organisations. The remaining 100,000 euros will be invested in applications focused on improving the legal framework governing the cashew sector.
This financial support to the cashew sector is part of an integrated action programme for Nutrition and Agricultural Development (EU-AINDA), and is justified by the fact that Guinea-Bissau has “high levels of poverty alongside food and nutrition insecurity.”
“The latest national indicators point to 20 percent of rural households facing food insecurity,” and “27 percent of children (one in five aged under five) in a situation of chronic malnutrition,” the EU documentation said.(macauhub/GW)