**Abu Dhabi, UAE. April 23, 2023**

The UAE has committed US$50 million to the second phase of the Lives and Livelihoods Fund 2.0 (LLF 2.0), a major multi-donor development initiative that supports Islamic Development Bank (IsDB) member countries in building sustainable pathways to lift millions out of poverty

The funding will be deployed by LLF 2.0 in support of critical projects in health and infectious diseases, agriculture, and social infrastructure in low and lower-middle income IsDB member countries. In addition to targeting root causes of poverty, food insecurity, and poor health outcomes, the investments aim to support 32 member countries to achieve 10 of the 17 Sustainable Development Goals (SDGs).

The financing will be administered by the Abu Dhabi Fund for Development (ADFD) and is in addition to the US$50 million the UAE has contributed to the LLF since its launch in 2016. 

The announcement was made today during the AVPN Global Conference 2024 in Abu Dhabi, in the presence of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the International Humanitarian and Philanthropic Council. 

Addressing the commitment, His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan said the funding emphasized the UAE’s commitment to working with partners to uplift countries and communities worldwide.  

He said: “Under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, we are committed to supporting sustainable development solutions that save and improve lives, drive equitable economic growth, and enable countries to thrive. Through this partnership, the UAE furthers its efforts to alleviate poverty and to support countries in building resilient futures.”

He continued: “This contribution also reflects the UAE’s conviction that the greatest progress comes through like-minded collaboration. With the guidance of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister of the UAE, Minister of Presidential Affairs and Chairman of ADFD’s Board of Directors, we look forward to working closely with our partners in the Lives and Livelihoods Fund to advance global development goals.”

Established in 2016, LLF is a joint vision of the Islamic Development Bank, and the Abu Dhabi Fund for Development, the Bill & Melinda Gates Foundation, the Islamic Solidarity Fund for Development, the King Salman Relief Humanitarian Aid and Relief Centre, and the Qatar Fund for Development.

LLF is the largest multilateral fund of its kind in the Middle East, focused on breaking down the barriers that prevent individuals, organizations, and governments in the lowest-income countries from obtaining the resources they need to lift themselves out of poverty. 

To achieve this, the Fund utilizes an innovative financing model that combines the grants of its donors with the lending capital of IsDB to provide concessional finance for much-needed development projects. This contributes to sustainable economic growth within countries, in turn helping to lift the most vulnerable out of poverty. 

H.E. Mohamed Saif Al Suwaidi, Director General, Abu Dhabi Fund for Development, said: “LLF’s ongoing efforts to promote global wellbeing and stability in IsDB member countries reflects the UAE leadership’s commitment to supporting efforts to promote global prosperity and equality. 
“Through LLF 2.0, we will focus on climate-smart agriculture, primary care, underfunded social services, and infrastructure investment. Our blended finance model increases access to concessional financing to bridge investment gaps in meeting Sustainable Development Goals. LLF 2.0 will also optimize its anti-poverty focus, setting grant portions to enhance stability and transparency.”

The Fund in its first phase invested over US$1.4 billion across 22 IsDB member countries, enabling more than 3 million smallholder farmers to improve their productivity and livelihoods, providing access to quality healthcare for 12.5 million women and children, and is set to provide over 7.5 million people with better water and sanitation facilities. 

LLF 2.0 will put greater emphasis on climate adaptation efforts and the empowerment of women and girls, in recognition that climate change and gender inequality disproportionately impact the most vulnerable.

H.E. Dr Muhammad Al Jasser, President of IsDB, said: “We are deeply grateful for the UAE's longstanding support. Their initial role in establishing the LLF in 2016, combined with their continued generosity, has been instrumental in fostering human development in our poorest member countries.”

Dr Al Jasser continued: “The LLF provides vital support for vulnerable groups, particularly women and children, empowering them to escape poverty and reach their full potential. This renewed commitment will allow us to mobilize even more resources and build upon the LLF's proven success stories. Together, under this unique partnership, we can make significant strides towards achieving the critical goals of socio-economic development.” 

Looking forward, Dr Al Jasser stressed the power of collaboration. “This renewed pledge strengthens the IsDB's ambitious development plans," he concluded. "By working together, we can overcome rising challenges and achieve the noble goals of socio-economic development.”

LLF 2.0 was launched in May 2023. At launch, the Islamic Solidarity Fund for Development committed US$150 million to the Fund, while the Bill & Melinda Gates Foundation announced its commitment to pledge 20% of the total granted by donors to the LLF, up to US$100 million.

**ENDS **

**NOTES TO EDITORS**

**About Abu Dhabi Fund for Development (ADFD)**

Abu Dhabi Fund for Development (ADFD) is a leading national entity for economic development aid owned by the Abu Dhabi government. Established in 1971, it aims to help emerging countries by providing concessionary loans to finance sustainable development projects as well as administer long-term investments and direct contributions. 

In addition to managing development grants offered by the Abu Dhabi government, ADFD has adopted a policy of supporting the national economy and financing UAE private-sector investments. Since its inception, ADFD has marked developmental milestones in 106 developing countries. Spanning the last 35 years, the Fund's development projects and investments, valued at AED216 billion have helped the international community achieve sustainable economic growth, as well as drive the implementation of the United Nations’ Sustainable Development Goals (SDGs).

**About the Lives and Livelihoods Fund**

The Lives and Livelihoods Fund launched in 2016 as a joint vision of the Islamic Development Bank (IsDB), the Abu Dhabi Fund for Development, the Bill and Melinda Gates Foundation, the Islamic Development Bank, the Islamic Solidarity Fund for Development, the King Salman Humanitarian Aid and Relief Centre, and the Qatar Foundation Fund for Development. It has since played an active role in breaking down the barriers that prevent individuals, organizations, and governments in the lowest-income countries from obtaining the resources they need to lift themselves out of poverty.

The Fund has identified three key areas where it can make a sustainable impact for millions of people using its innovative approach to funding.

- Health: LLF has funded 15 projects that strengthen primary healthcare systems, combat infectious diseases including malaria and polio, and support routine immunization. Its healthcare funding contribution has amounted to US$681 million.
- Agriculture: Food security is a key challenge in the countries the Fund supports. LLF has focused its efforts on helping smallholder farmers increase their production of livestock and staple crops. The Fund has to date supported 17 projects across 13 countries.
- Basic Infrastructure: The realization that the dearth of infrastructure across beneficiary markets has prevented the most vulnerable communities from connecting to resources has driven the Fund’s focus on bringing power, sanitation, and financial inclusion to rural areas.

The Fund currently supports 37 projects in 22 countries in Asia, MENA and Africa and is contributing to meeting 9 of the 17 SDGs. To date, LLF has committed a total of US$1.43 billion to support governments in IsDB member countries to meet their national priorities.


large_H.E Mohammed Saif Al Suwaidi addressing AVPN Global Conference 2024 in which US$50 million are committed to the Lives and Livelihoods Fund 2.0.jpg

medium_H.E Mohammed Saif Al Suwaidi addressing AVPN Global Conference 2024 in which US$50 million are committed to the Lives and Livelihoods Fund 2.0.jpg

small_H.E Mohammed Saif Al Suwaidi addressing AVPN Global Conference 2024 in which US$50 million are committed to the Lives and Livelihoods Fund 2.0.jpg

thumbnail_H.E Mohammed Saif Al Suwaidi addressing AVPN Global Conference 2024 in which US$50 million are committed to the Lives and Livelihoods Fund 2.0.jpg

H.E Mohammed Saif Al Suwaidi addressing AVPN Global Conference 2024 in which US$50 million are committed to the Lives and Livelihoods Fund 2.0.jpg

UAE announces US$50 million commitment to the Lives and Livelihoods Fund 2.0 to advance sustainable economic development in IsDB member countries 

Latest updates

Job creation especially for women and Youth. Increasing income of small holder farmers, improving food security and improving access to basic social services

Our goal for our investments in agricultural projects is to help smallholder farmers increase their production of livestock and staple crops.

Agriculture

Lack of access to basic infrastructure can prevent poor communities from connecting to needed resources. Through our investments, the Lives and Livelihoods Fund is providing the steppingstones for prosperity and self-reliance.

Basic Infrastructure

Promoting sustainable livestock development in the Sahel region of West Africa

Subscribe

Sign up to our newsletter

Lives and Livelihoods Fund is a joint vision of the Islamic Development Bank (IsDB) and other development cooperation partners aimed at raising the poorest out of poverty in IsDB member countries.

About us

The Lives and Livelihoods Fund enables member countries to invest in themselves by providing concessional financing for projects with high human development impact.

Focus

The portfolio of projects approved by the LLF from 2016 to 2020 is already transforming thousands of lives and livelihoods.

Projects

Please enter your details in the fields below to subscribe

Subscribe to our Email Newsletter

LLF - Newsletter Signup

Country

million

Disbursement

Duration

Sector

Status

Type

Start date

small_Mali.png

thumbnail_Mali.png

Mali.png

Mali

Agriculture icon

Mali is a landlocked country in the Western African, engulfed in the Saharan and Sahelian regions. The Niger flows through Mali, functioning as the main trading and transport in the country. The 8th largest nation in Africa has a population of 20.8 million (2021) and an area of 1,240,000 square km. Agriculture accounts for more than 35 percent of GDP and 80 percent of livelihoods. Mali's economy is primarily based on agriculture and agropastoralism. The country's adverse climatic conditions, along with its political and institutional instability, threaten key sectors of agriculture and health.

Developing poultry and fisheries value chains to improve household’s incomes and nutrition

LLF_Fact_Sheet_Mali_AGR_Mali Poultry and Fisheries Value Chain Project.pdf

Mali: Poultry and Fisheries Value Chain Project to Improve Income and Nutrition

Enabling people to lead better lives

large_Mali-Poultry-and-Fisheries-updates.jpg

medium_Mali-Poultry-and-Fisheries-updates.jpg

small_Mali-Poultry-and-Fisheries-updates.jpg

thumbnail_Mali-Poultry-and-Fisheries-updates.jpg

Mali-Poultry-and-Fisheries-updates.jpg

large_Mali_Poultry_and_Fisheries_updates_765d8758cb.jpg

medium_Mali_Poultry_and_Fisheries_updates_765d8758cb.jpg

small_Mali_Poultry_and_Fisheries_updates_765d8758cb.jpg

thumbnail_Mali_Poultry_and_Fisheries_updates_765d8758cb.jpg

Mali_Poultry_and_Fisheries_updates_765d8758cb.jpg

Poultry and fisheries value chain development

Ongoing

Africa

large_SSA 2.png

medium_SSA 2.png

small_SSA 2.png

thumbnail_SSA 2.png

SSA 2.png

Regional Overview - Africa

Africa, the second largest continent (after Asia), covering about one-fifth of the total land surface of Earth. The continent is bounded on the west by the Atlantic Ocean, on the north by the Mediterranean Sea, on the east by the Red Sea and the Indian Ocean, and on the south by the mingling waters of the Atlantic and Indian oceans. As of 2019, the total population of Africa is estimated at 1.3 billion, representing 16 percent of the world's population. According to UN estimates, the population of Africa may reach 2.49 billion by 2050 (about 26% of the world's total) and 4.28 billion by 2100 (about 39% of the world's total). Africa is a young continent, with 60% of its population under the age of 25. The continent contains an enormous wealth of mineral resources, including some of the world’s largest reserves of fossil fuels, metallic ores, and gems and precious metals. Agriculture in Africa is the cornerstone of sub-Saharan Africa, generating almost 23 percent of the continent’s GDP, and smallholder farms form 80 percent of Africa’s farmland. Despite this, most African countries are plagued by systemic issues like wide-scale corruption or civil unrest. Infrastructure in Africa is profoundly underdeveloped, and the shortcomings extend across numerous sectors, including roads, railways, electricity generation, water purification, sewage and waste management, and ICT frameworks. In addition, infectious tropical diseases are leading causes of death in the continent. Malaria, for instance, causes 62.1 deaths per 100,000 people per year, while HIV/AIDS kills 121.9 per the same.

Improving livelihoods

Nutrition

Food security and Income generation

Latest updates

Latest updates

UAE announces US$50 million commitment to the Lives and Livelihoods Fund 2.0 to advance sustainable economic development in IsDB member countries

23, April 2024

Latest updates

Latest updates

UAE announces US$50 million commitment to the Lives and Livelihoods Fund 2.0 to advance sustainable economic development in IsDB member countries

23, April 2024

Follow us

Poultry and fisheries value chain development

Mali

Project description

Sector

Type

Start date

Duration

Country

Status

Enabling people to lead better lives

Related projects

Agricultural Infrastructure and Value Chain Development Project

Sahel Sustainable Pastoralism Development Program

Cookies