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Food Security: Japan announces $33.5M aid for 15 countries in sub-Saharan Africa

Monday, 04 March 2024 18:12
Food Security: Japan announces $33.5M aid for 15 countries in sub-Saharan Africa

(Ecofin Agency) - The package should benefit countries grappling with the food shortages spurred by the war in Ukraine, regional conflicts, and droughts induced by climate change.

Japan will provide Africa ¥5.042 billion (approximately $33.5 million) to enhance food security. The Japanese Ministry of Foreign Affairs disclosed the aid on March 1, 2024.

According to the same source, this funding will benefit 15 Sub-saharan African countries, including Kenya, South Sudan, and Mali. It will facilitate the distribution of food items such as cereals through the World Food Programme (WFP).

Food security has deteriorated in several African countries in recent years, primarily due to rising food prices following the war in Ukraine, regional conflicts, political instability, and waves of drought induced by climate change.

During the 8th Tokyo International Conference on African Development (TICAD-8), held in August 2022 in Tunis, Japan pledged to mobilize $30 billion for Africa over three years in the form of investments and financing. This should bolster various sectors including agriculture, health, green economy, and human capital promotion.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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