The 110 dealers working under the Agriculture Cluster Development Project – ACDP were contracted to supply inputs that include maize, beans, cassava, rice and coffee to over 10 districts across the country.
The economies of Ethiopia, Uganda, Ivory Coast, Egypt, Ghana, Rwanda and Kenya withstood the economic impact of the pandemic so successfully that they were among the world’s 10 fastest-growing in 2020. At least five of them are expected to remain in that elite growth club through 2022, according to forecasts by economists compiled by Bloomberg during the past three months
The caution comes amid a scramble by African countries to cushion their economies, support hard-hit sectors and provide social support to nationals, amid tough measures to contain the coronavirus disease-COVID-19, whose infection rate has gone beyond three million people countrywide.
In East Africa, Tanzania was also studied and researchers found at least $145m had been hidden by its elites. Researchers concluded that this was because politicians, elites and their cronies got access to aid money and instead of using it to work on projects that developed their countries, they hid it away for personal use.