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Lesotho: new financing aims to help rural farmers
The United Nations agency that works to improve the lives of the world’s rural poor is providing $10 million to help small farmers in Lesotho boost agricultural production.
The agreement signed in Rome between the International Fund for Agricultural Development (IFAD) and the Government of Lesotho comprises a $5 million loan and a $5 million grant to increase market opportunities for smallholder farmers and improve production in four of the tiny nation’s 10 districts.
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