India, Nov. 11 -- Launched by the European Union, Italy's Cassa Depositi e Prestiti and FAO, Trans-forming and Empowering Resilient and Responsible Agribusiness strengthens local financial institutions' lending abilities in Africa and Turkiye Rome - Privately-owned micro, small and medium agrifood enterprises (MSMEs) in sub-Saharan Africa, North Africa and Turkiye seeking loans from local financial institutions stand to benefit from TERRA, a new innovative programme from Italy's Cassa Depositi e Prestiti (CDP), the Food and Agriculture Organization of the United Nations (FAO) and the European Union.

TERRA is short for "Transforming and Empowering Resilient and Responsible Agribusiness".

In low- and middle-income countries, MSMEs face barr...