The managing director of the Common Fund, an intergovernmental financial institution established by the United Nations, has approved eight Fast Track Projects in Africa including the project “Improving the Productivity and Marketing of Smallholder Cattle Herds in Southern Africa”

The total financial cost of these eight Fast Track Projects is $1,002,811 out of which the Common Fund is providing $641,200 as a grant with the rest to be covered by counterpart contributions from the project participants.

Headquartered in Amsterdam, the Netherlands, the main objective of the Common Fund is to assist Developing Countries which are dependent on the production and export of primary commodities. The main target groups are commodity producers in Least Developed Countries and the poorer strata of the population in other developing countries.

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