The U.S. government is committing $760 million to expand and strengthen agricultural programs that support farmers and communities around the world affected by rising food, fuel and fertilizer prices.
African leaders and the US government underlined, on the sidelines of the United States Africa Summit (December 13-15), the need to increase investment in nutrition and make it a priority on the African continent, reports afdb.org.
The African Development Bank, through the African Leaders for Nutrition, the Nutrition CEO Council and the African Union Commission, hosted a high-level discussion on December 12, on the sidelines of the Summit of American and African leaders.
African leaders called on the U.S. government and the international community to prioritize nutrition in global frameworks and policies, and to increase investments in nutrition in Africa. They highlighted opportunities for collaboration between the United States and African countries to address nutrition challenges on the continent.
The Prime Minister of Lesotho, Ntsokoane Matekane, reaffirmed that the African Year of Nutrition is an opportunity to measure the progress made and define the additional measures to be implemented to fight against child malnutrition.
“Several regional commitments have been made within the framework of the African Year of Nutrition, which recently resulted in the Abidjan Declaration, adopted on December 8, 2022 in Abidjan, Côte d’Ivoire. This declaration calls for accelerated investment, implementation and coordination to improve nutrition and food security in Africa,” he said.
The African Development Bank has increased its resources dedicated to tackling malnutrition-related problems in Africa: over the past four years, it has reallocated $2.8 billion from its investment portfolio to “smart” initiatives. nutrition”, which means that the projects it finances will have one or more nutrition-related objectives, a nutrition-related activity or intervention, and a nutrition-related outcome or impact indicator .
This reallocation marks a significant increase from a baseline of $700 million in 2018.