US launches new livestock market development project in Ethiopia

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Addis Ababa, November 19 (WIC) -The U.S. Agency for International Development (USAID) launched a new five-year project called “Livestock Market Development” in support of the Government of Ethiopia’s Agricultural Growth Plan (AGP) on November, 17, 2012.

The project, valued at 38 million US dollars, will operate in selected districts in Amhara, Oromia, Tigray and SNNP regions, according to a statement issued by US Embassy in Addis Ababa.

Through investments in livestock markets including beef, dairy, and hides, the project is expected to improve smallholder farmers’ income and nutritional status, generate 2,600 new on and off farm jobs, and improve the livelihoods of some 200,000 households.

State Minister of Agriculture Sileshi Getahun and USAID Ethiopia Mission Director Dennis Weller presided over the launch attended by federal and regional government officials, livestock industry representatives, and implementing partners.