Loan to back smallholder livestock farmers (Zambia)

The African Development Bank (AFDB) has approved a multi-million dollar fund to finance the development of smallholder livestock production in Zambia.

The $18m loan will go towards Zambia’s Livestock Infrastructure Development Support Project (LISP), which aims to improve smallholder productivity in nine districts in the country’s Northern and Muchinga provinces. The project will include the building of livestock centres, markets, slaughter facilities, roads, veterinary laboratories, quarantine stations and veterinary checkpoints, and provide training to livestock-keeping families.
The private sector will also benefit from the project as some of the facilities in the Livestock Service Centres will be leased out for use as an outlet for the development of veterinary drugs and livestock feed supplements.
According to the AFDB, around 110,000 livestock-keeping families are expected to benefit. In addition, it estimates that 800,000 people will benefit from improved access to quality livestock products.
– GlobalMeatNews.com