Homepage

USAID Pledges $40mln to Boost Food Security in Africa

USAID Pledges $40mln to Boost Food Security in Africa
Thursday, 05 September 2024 14:14

On September 3, the United States announced $40 million in aid to combat food insecurity and improve resilience in Africa. The funding, provided through USAID, will primarily go toward projects in Tanzania, Madagascar, Malawi, Zambia, Mozambique, and the Democratic Republic of Congo (DRC).

This financial support will help farmers adapt to extreme weather by using improved crop varieties and strengthening water access and usage. The goal is to reduce risks to future harvests in the Zambezi River basin.

According to the official statement, "In line with the U.S.-African Union Joint Strategic Partnership on Food Security, the funding will help accelerate a regional, African-led approach to boost agricultural productivity, market linkages, improve nutrition, and leverage the private sector to enhance food security”.

In 2022, the UN's Food and Agriculture Organization (FAO) reported that 20% of Africa’s population—about 282 million people—were undernourished. Around 868 million Africans faced moderate or severe food insecurity, with 342 million in a state of severe food insecurity.

The FAO attributed this crisis to climate change, the impacts of conflicts, the war in Ukraine, and economic slowdowns. The Alliance for a Green Revolution in Africa (AGRA) estimates that the continent needs an additional $257 billion in annual investments in agriculture to build resilient food systems and meet the "zero hunger" goal by 2030.

Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
03

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
04

This week in African health news: Global measles cases have dropped nearly 80 percent since 2000, bu...

Measles Cases Drop 80%, Ethiopia's Marburg Response and Cholera in DRC (Weekly Health Update)
05

Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. ...

Maersk to Resume Suez Canal Transit in December
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.