USADF Announces a $1 Million Dairy Sector Investment at AGOA 2012
Continue reading the press release on the USADF website
On June 15, the U.S. African Development Foundation (USADF) will announce a $1 million investment in Malawi’s dairy sector. USADF’s President and CEO Lloyd O. Pierson and several high ranking Government of Malawi officials will make the announcement at the Africa Growth and Opportunity Act (AGOA) Forum in Washington, DC.
The $1 million investment is spread across seven dairy sector projects and placed in the hands of the Malawians to improve production, develop domestic and export markets and nutritional food supply in several marginalized communities. USADF’s investment is expected to generate over $3.5 million of new economic activity and support 3,900 farmers and their 20,000 family members.
The dairy sector is a Feed the Future priority in Malawi because it has high potential as a growth oriented value chain.