IFAD and Gates Foundation cooperate to help small farmers

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Abass Kwarteng, a snail, bee, and sheep farmer

The Bill & Melinda Gates Foundation and the International Fund for Agricultural Development (IFAD) say they are going to strengthen their cooperation to support smallholder farmers in developing countries.

Bill Gates, co-chair of the Foundation and Kanayo Nwanze, President of IFAD signed a statement of intent in Rome on Thursday to build a stronger partnership between the two institutions.

Mr. Gates, who was a guest speaker at the annual meeting of IFAD's 168 Member States, said agriculture and improvements in sustainable productivity can reduce poverty in developing countries.

He explained why the foundation decided to include agriculture in the projects it is funding.

"When Melinda and I started our foundation we were initially focused on health. But the more we learnt about why kids are susceptible to disease and why they don't fully develop mentally and physically, it became clear to us that we needed to also work in agriculture.”

Duration: 18"

Mr. Gates said the foundation and IFAD have independently funded many of the same projects because they share many of the same goals.

Filed under Today's News.
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