Africa received $50 billion international support to transform agriculture: AfDB

Africa received  billion international support to transform agriculture: AfDB


Africa’s drive to transform its agriculture and become a food basket continues to receive strong global support, with development partners agreeing to commit more than $50 billion to the plan, barely two months after its launch.

Development partners have agreed to commit more than $50 billion to Africa’s drive to transform its agricultural sector into a bread basket.

In a statement issued on African Development Bank’s (AfDB) website, the global support came barely two months after the programme’s inauguration.

According to the statement, political leaders on the continent have resolved to work tirelessly with international partners on compacts that will transform agriculture across the continent.

It said the leaders resolved this at the recent Dakar 2 Food Summit, organised by the Senegalese government and the African Development Bank.

It listed the fund’s donors to include Germany, which plans to contribute $14.34 billion, and the United States, which intends to provide $5…

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Africa received $50 billion international support to transform agriculture: AfDB

 

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