Categories: Stories

Who is really benefitting from the USAID US$19.8 million food insecurity project in Zimbabwe?

Only 1 cent of USAID funds gets to beneficiaries, 99 cents go back to the US

I had just finished reading John Perkins’s New Confessions of an economic hitman when I read the story that the United States Agency for International Development had pledged US$19.8 million for a new Feed the Future programme in Zimbabwe called Fostering Agribusiness for Resilient Markets (FARM).

The five–year contract had been awarded to Chemonics International, a Washington-DC based company, and the programme would focus on Manicaland and Masvingo.

“FARM builds on the work of Feed the Future Zimbabwe-Crop Development, Feed the Future-Livestock Development, and USAID’s Food for Peace Development food security activities, which will allow FARM to start quickly,” a statement released by the United States embassy in Harare said.

USAID’s Feed the Future Crop Development activity reached 30 000 farmers in 2019 who sold crops valued at US$7.47 million, the statement said.

In addition, the Feed the Future Livestock Development activity reached over 4 000 smallholder livestock farmers whose average annual household net income increased significantly, it said.

“The average net income for beef producing households increased by 45 percent to US$986 a year, while the average net income for dairy producing households increased by 35 percent to US$2 589 a year,” the statement said.

“Over the past four years, participating farmers sold cops and livestock valued at over US$45.75 million.”

These increased incomes had a major impact on the beneficiaries, allowing them to provide for their families while improving household nutrition, and building overall resilience, according to the statement.

Continued next page

(302 VIEWS)

Civil: Credibility Indicators

Original Reporting

This article contains new, firsthand information uncovered by its reporter(s). This includes directly interviewing sources and research / analysis of primary source documents.

Sources Cited

As a news piece, this article cites verifiable, third-party sources which have all been thoroughly fact-checked and deemed credible by the Newsroom in accordance with the Civil Constitution.

Learn more about Civil’s Credibility Indicators

This post was last modified on %s = human-readable time difference 9:04 pm

Page: 1 2 3 4

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024

The Zimbabwe government and not saboteurs sabotaging ZiG

The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…

October 20, 2024

The Zimbabwe Gold will regain its value if the government does this…

Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…

October 16, 2024