African countries commit to double agricultural productivity as development banks and partners pledge over $17 billion to increase food security
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These funds were pledged on the final day of a two-day high-level dialogue called
Feeding Africa: leadership to scale up successful innovations. The African Development Bank and the UN’s International Fund for Agricultural Development (IFAD) hosted the event in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization on 29 and 30 April.
Seventeen African heads of state signed on to the commitment to boost agricultural production by doubling current productivity levels through the scaling up of agro-technologies. This will include investing in access to markets, and promoting agricultural research and development.
The African Development Bank (www.AfDB.org) and the International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, today pledged to work closely with African leaders to address rising hunger on the continent and shore up adequate financing to transform and modernize Africa’s food […]
African countries commit to double agricultural productivity as development banks, institutions pledge US$17 billion to increase food security
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ROME, April 30, 2021 /PRNewswire/ Four multilateral development banks and financial institutions pledged close to US$17 billion in financing on Friday during a high-level forum, in a bold bid to address rising hunger on the African continent and to improve food security.
In addition, 18 African heads of state have committed to increase agricultural production by doubling current productivity levels through the scaling up of agro-technologies, investing in access to markets, and promoting agricultural research and development.
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