Rome, 27 January 2017 – The
establishment of a new network to help bridge the estimated US$150
billion financing gap that prevents small rural producers and businesses
in developing countries from growing their operations and strengthening
rural economies, was announced today.
The announcement, made by
Kanayo F. Nwanze, President of the International Fund for Agricultural
Development (IFAD) and Enrico Morando, Italy’s Deputy Minister of
Economy and Finance, came at the end of a three-day international
conference in Rome focused on finding new ways to finance rural
development.