US and Norway partner to invest $70 Million in African Agriculture Fund amidst food insecurity (BI)

A spokesperson from the U.S. Agency for International Development (USAID) has announced that the United States and Norway are jointly committing $70 million to establish a fund to support farmers and agricultural businesses across Africa. Recurring drought, climate change, armed conflict, and economic and political instability have led to severe food shortages across the continent, which houses about 65% of the world’s uncultivated arable land.

The announcement, by USAID Administrator Samantha Power and Norwegian Minister of International Development Beathe Tvinnereim on the sidelines of the U.N. General Assembly, comes as Russia and China vie with the United States and Europe to win over developing countries, Reuters reported. Click here to read the full article

Leave a Reply