Public Management

Sahel: FAO secures US$2 bln pledge to fight food insecurity

Sahel: FAO secures US$2 bln pledge to fight food insecurity
Tuesday, 12 April 2022 18:40

The Food and Agriculture Organization of the United Nations (FAO) obtained nearly US$2 billion in funding pledges from the international community to combat food insecurity in the Sahel and Lake Chad region. The information was disclosed in a press release, published, Thursday (April 7) by the organization on its website.  

The pledges represent almost half of the humanitarian appeal launched by the FAO. The proceeds are intended for emergency assistance and to strengthen "the resilience of vulnerable people and agri-food systems" in the affected regions. 

Part of the funds pledged will come from the European Union (€654 million) in the framework of its 2021-2024 assistance program “to provide a long-term development assistance response to the structural food crisis in the seven most affected countries.”   

According to FAO Deputy Director-General Laurent Thomas (photo), this aid will help meet the humanitarian needs of 41 million people this year. The official calls for “significant efforts (...) to provide an immediate response but also to address the root causes of this crisis, otherwise, levels of acute hunger will continue to rise.” 

The EU estimates that currently, 29.5 million people living in the project areas need emergency humanitarian assistance.

"There is absolute urgency to re-invest in local food production together with humanitarian food assistance and safety nets. Investing in saving agricultural livelihoods today means saving the lives of millions tomorrow. Countries of the Sahel region need to invest in making agrifood systems more efficient, inclusive, resilient, and sustainable," Laurent Thomas said. 

Between 2019 and 2022, the number of people affected by acute food insecurity rose from 10.8 million to 40.7 million. For FAO, “millions more [are] at risk of slipping into a crisis or worse."

Jean-Marc Gogbeu

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Partnership with ANSER focuses on structuring and mobilizing financing Mechanism relies on phased funding tied to project...
Coris Bank International posted a 36% increase in net profit in 2025. The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Kenya has asked the World Bank for rapid emergency financing to cushion the economic shock from the war in Iran, Governor Kamau Thugge said...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval The bottleneck...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
04

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
05

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
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.