CAIRO Despite containing 60 per cent of the world’s uncultivated arable land, Africa has been a net food importer for decades. According to the most recent estimates, food imports are the biggest budget item for many countries across the continent. Amid surging food prices and an appreciating US dollar, Africa’s food bill has soared as well, undermining African countries’
CAIRO Despite containing 60 per cent of the world’s uncultivated arable land, Africa has been a net food importer for decades. According to the most recent estimates, food imports are the biggest budget item for many countries across the continent. Amid surging food prices and an appreciating US dollar, Africa’s food bill has soared as well, undermining African countries’
The President of Afreximbank explains the factors that have led to its rapid growth, its expanding portfolio of initiatives and how it is working to build African resilience.
(WASHINGTON, D.C.) Dec. 31, 2022 – The African Union Mission to the U.S.A. celebrated the 20th anniversary of the African Union (AU) under the theme “Our Africa, Our Future”, and honored key leaders in the Diaspora on Friday, December 9th at the historic Mayflower Hotel. The celebration was attended by