AfDB and partners mobilise $30 billion for African farmers
AfDB President Akinwumi Adesina (right) signs a document during the launch of the Mission 1 for 200 in Dakar, Senegal on January 27, 2023. PHOTO | COURTESY | AfDB GROUP
The Dakar 2 Feed Africa Summit ended on Friday with a $30 billion pledge by the African Development Bank (AfDB) and development partners to finance food and agribusiness on the continent in the next five years. Of the amount announced at the summit held in the Senegalese capital, the AfDB pledged to mobilise $10 billion.
Leaders who attended the event called on the African Union Commission and the AfDB to help mobilise more funding to top up the amount announced and report on the overall investment at the February African Union Summit.
