Commercial Farm Development in Central and Northern Ethiopia
Solagrow provides seed potatoes supplemented by seeds from other crops and mechanization services to organized outgrowers and other small farmers. The company works together with the Ethiopian Institute of Agricultural Research (IAR) for new potato varieties and technologies. In addition, the company produces quality food crops for local and export markets on its own nucleus farms, thereby integrating Ethiopian smallholder farmers through the provision of inputs, cropping technology and market access.
After experiencing several severe setbacks due to external shocks, Solagrow is currently consolidating its operations into a specialized potato seed business, focused on producing disease-free planting material using innovative and cost-effective multiplication methods for the local Ethiopian market. This business model will ensure the availability of high quality potato seed material in Ethiopia beyond the CFC loan.
Submitting Institution | Solagrow plc. |
Location | Ethiopia (LDC) |
Commodity | Potatoes and others |
Total Cost | USD 6,255,000 |
CFC Financing
| USD 1,100,000 (loan, of which USD 750,000 financed by the Dutch Trust Fund) USD 120,000 Liquidity support under Fast Track |
Counterpart Contribution | USD 5,155,000 |
Year of Implementation | 2013 |
SDGs
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