Steve Alabi
FAO reaffirms support for Africa’s Post-Malabo Agenda
Syracuse, Italy. The Food and Agriculture Organization of the United Nations (FAO) on Thursday reaffirmed its commitment to supporting Africa beyond 2025. The Director-General was invited to participate in a G7 panel session with agriculture ministers in Syracuse, Italy, on how best to support Africa’s post-Malabo agenda. Agreed by African heads of state and government at the 2014 African Union
African Development Bank grants $129 million loan to agricultural project generating decent jobs for young people
Abidjan Côte d’Ivoire. The Board of Directors of the African Development Bank Group on 20 September 2024 approved a $129.71 million loan to Tanzania for the implementation of a youth-focused agribusiness program. The loan will fund the first phase of the “Building a Better Tomorrow: Youth Initiatives for Agribusiness” program, which aims to create business opportunities and jobs for young
Sierra Leone Secures $100 Million AfDB Investment to Transform Agriculture and Tackle Food Insecurity
Freetown, Sierra Leone Sierra Leone is ramping up investments to position itself as a key player in the global food export market. Located near major cocoa-producing countries like Côte d’Ivoire and Ghana, and sharing a similar climate, Sierra Leone has strong potential to become a significant exporter of commodities such as cocoa, cashew, rice, and cassava. However, the country faces
AfDB Approves USD 102.79 Million for Agricultural Development in Guinea, Senegal, and Togo
Abidjan, Côte d’Ivoire The African Development Bank Group (AfDB) has approved $102.79 million in funding for a pioneering initiative aimed at promoting sustainable agriculture across Guinea, Senegal, and Togo. This substantial investment will bolster the Multinational Program for Promoting Sustainable Agricultural Value Chains in Special Agro-Industrial Processing Zones (SAPZ), focusing on areas like climate change adaptation and renewable energy integration.
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