USAID Administrator Samantha Power has announced that the agency will launch a new $30 million trade and investment programme that is designed to bring expertise to Zambian agricultural enterprises to help them boost their productivity and fuel regional exports. And Power says with its allies in Congress, the agency is also pledging an additional $9 million to immediately address the high cost of fuel, fertiliser and food in Zambia. During her visit to Good Nature Agro, Wednesday, Power said the $30 million trade and investment programme was being called “TradeBoost Zambia”. “A few weeks ago, in partnership with the U.S Development Finance Corporation, we launched a $20 million loan guarantee with ABSA Bank that will spur them to extend badly...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe