Addis Ababa, March 26, 2024 (FBC) – GIZ, the German Corporation for International Cooperation, will award innovators today for their contribution in promoting agricultural mechanization for smallholder farmers in Ethiopia.
Accordingly, GIZ is going to handover more than 33 million Birr that would help to execute some 11 innovative projects in the agriculture sector, which is vital to Ethiopia’s economy and society by generating almost half of the GDP.
The award intends to create an enabling environment for those innovators to materialize their ideas by improving the framework conditions and reinforcing the agricultural mechanization in the east African nation.
Moreover, the nation’s agricultural mechanization strategy envisages eradicating poverty, creating jobs, ensuring food security, domestically replacing imported items, and promoting SMEs.
Currently, the Ethiopian government has embarked on adopting agricultural mechanization solutions as a way of achieving sustainable increases in agricultural productivity to achieve a surplus production across the country.
Today’s innovation fund award ceremony that is going to begin in a few hours is organized by GIZ in collaboration with the Ministry of Agriculture, per ENA.