AMSTERDAM-The Executive Board of the Common Fund for Commodities approved a series of regular and fast-track projects during the recent meeting held in Amsterdam.
Managing Director, Amb. Ali Mchumo in his statement to the Board reported that: “The Consultative Committee meeting in July had appraised and recommended two regular projects with a CFC contribution of about USD 2.52 million and two fast-track projects with CFC contribution of about USD 0.24 million.”
The Board endorsed regular projects to rehabilitate the coffee sector in Democratic Republic of Congo; and to develop national classing systems for cotton in Kenya and Mozambique. The approved regular and fast-track projects are:
- Qualitative and quantitative rehabilitation of coffee with the aim of improving living conditions of coffee farmers afflicted and displaced by war in the Democratic Republic of Congo (CFC/ICO/51)
- Development of National Cotton Classing Systems in Kenya and Mozambique (CFC/ICAC/44)
- Producing a Blue Print for a Sustainability Certification Scheme for the Hard Fibre Sector (CFC/FIGHF/32/FT)
- Essential Streams for Sugarcane Diversification (CFC/ISO/33/FT)