The European Union Injects $7m into Zimbabwe’s Agricultural Sector

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Zimbabwe’s agricultural sector is set to receive a significant financial boost after the European Union (EU) agreed to inject $7 million into the sector.

The fund is expected to aid in the revitalization of the industry, which has seen yields dwindle consistently since President Mugabe forcefully seized farmlands from white farmers and handed them over to former liberation war fighters.

“Service provision to the Agricultural Sector has eroded over time an is largely ineffective and inefficient in supporting value chain development and rural development in an agricultural and farming landscape that has significantly changed,” said the EU.

“It is therefore critical to re-think and re-define relevant, farmer-centric and value chain-oriented services and to develop a robust framework for their sustainable and efficient delivery,” the EU added.

 

 

 

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