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Financing of the PAVAL project in Burkina Faso: AfDB and IFAD collaborate

24/02/2022
Categories: Sectors

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PAVAL is a hydro-agricultural development project downstream of the Niofila-Douna dam, located in the Cascades region around the town of Douna in western Burkina Faso. The African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD) have signed the Letter of Agreement for the administration by the Bank of the loan granted by IFAD to the Government of Burkina Faso.

The synergies that this partnership helps to strengthen between PAVAL and the Support Project for Agricultural Sectors in the Cascades, Hauts-Bassins, Boucle du Mouhoun and South-West Regions (PAFA-4R) funded by IFAD in Burkina Faso. In particular, the project provides for development and rehabilitation work covering a total area of 1,410 hectares divided into several lots. It will make it possible to increase the productivity, production and agricultural income of farmers (men, women and young people) in a sustainable manner.

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