The African Development Bank (AfDB) and the Food and Agriculture
Organization of the United Nations (FAO) entered into an agreement to
advance their joint initiatives towards catalyzing agriculture sector
investments in Africa, which targets ending hunger and malnutrition and
promote wealth throughout the continent.
According to their agreement, their target is to raise up to US$100 million
in 5 years, which will support the joint partnership activities. The
activities would aim to enhance the quality and impact of investment in food
security, nutrition, social protection, agriculture, forestry, fisheries,
and rural development.
"FAO and the AfDB are deepening and broadening our partnership to assist
African countries achieve the sustainable development goals. Leveraging
investments in agriculture, including from the private sector, is key to
lift millions of people from hunger and poverty in Africa and to ensure that
enough food is produced and that enough rural jobs are created for the
continent's growing population," said FAO Director-General Josť Graziano da