The United States and Norway are launching a $70 million fund to aid African farmers and agricultural businesses in addressing the region's growing hunger crisis.
South Korea is seeking to expand its ties with Africa in key areas such as agriculture, bio-health, and climate change with $5 billion in funding by 2024.
Among all African countries under military rule, Mali is the most food secure, with 84% of its population able to afford food in the first half of 2023.
Afrexim Bank emphasised the importance of unrestricted trade between both Russia and Africa to enhance food security at the 2nd Russia-Africa Economic and Humanitarian Forum.
The World Bank latest newsletter report reveals that over one billion people are at risk of hunger globally, particularly in low- and middle-income countries.