Read the passage below carefully:
The West African Rice Development Association (WARDA), now known as the Africa Rice Center, was established in 1971 by eleven West African countries with the assistance of the United Nations Development Programme (UNDP), the Food and Agriculture Organization (FAO), and the Economic Commission for Africa (ECA). Headquartered initially in Monrovia, Liberia, WARDA was created to assist West African nations in attaining self-sufficiency in rice production. Unlike regional agencies funded exclusively through private investments, WARDA received its financial backing through contributions from member states and international donor organizations. In 2009, the organization officially adopted the name Africa Rice Center and relocated its main headquarters temporarily to Cotonou, Benin, following political instability in Côte d'Ivoire, where it had moved its headquarters in 1988.
Statement: Based on the passage, WARDA received its financial backing exclusively from private investments.
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