African cotton farmers granted US$ 4.5 million by the French Development Agency


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African cotton farmers granted US$ 4.5 million by the French Development Agency

The French Development Agency has granted US$ 4.5 million to the African Cotton Producers Association (APROCA) to support the development of the genetically-modified (GM) and organic cotton in West and Central Africa, a
French diplomatic source has said. French Ambassador to Mali Michel Reveyrand de Menthon will sign the funding agreement Saturday, 18 October. The project, costing US$ 11.8 million, seeks to have cotton producers from the zone and textile operators from the continent take advantage of the fair trade and the booming biological agriculture as well as maximizing their effects in terms of positive impact on the whole industry. It also seeks to promote African cotton on the global market and to serve as a tool to improve the sustainability and quality of the production. It will further help devise a regional strategy in an attempt to strengthen and expand GM and organic cotton sub-industries according to the demand and ensure their leverage effect in promoting the Africa cotton and its competitiveness and professionalise farmers’ organisations. The project will also develop market shares for the GM and organic cotton from Africa in textile products on the northern markets to enable more African producers’ organisations improve their revenue generation.

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