Browsing: FARA

African food imports have risen in the last few decades, reaching nearly US$35 billion a year, according to the World Bank. Most imported goods could be made in Africa, creating much-needed jobs in the process.

It is with this knowledge that a coalition of multilateral development banks and development partners has pledged more than US$17 billion in finance to combat rising hunger in Africa and improve food security. This funding was pledged on the final day of the Feeding Africa: Leadership to Scale Up Successful Innovations on April 29-30, 2021.

The two-day high-level debate was held in conjunction with the CGIAR System Organization and the Forum for Agricultural Research in Africa (FARA), the AfDB and the UN’s International Fund for Agricultural Development (IFAD).