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World Bank Allocates $45 Billion To Combat Escalating Global Food Crisis

News in brief: - Global food prices, driven by factors like trade disruptions and adverse weather, continue to impact local farmers, leading to rising domestic...

World Bank: Food Inflation Hits 63.2% Of Low-Income Nations

News in brief: - The Red Sea crisis and trade disruptions exacerbate food security concerns and raise prices, posing challenges for farmers worldwide. - World Bank...

Over 44.5 Million People Face Food Insecurity In West, Central Africa

News in Brief: - While overall food insecurity in West and Central Africa may improve by May 2024, millions still face dire situations, especially...

Nigeria’s Inflation Rate Soars To 18-Year High In November 2023, Fueling Hardship And Poverty

News in brief: - Nigeria inflation rate reached 28.20% in November 2023, the highest in nearly two decades, driven by soaring food prices. - Despite government...

Enugu State Launches $19.4m Agro-Processing Project

News in brief: - Governor Peter Mbah has launched a $19.4 million agro-processing project in Enugu State aiming to transform the state into a net exporter...

30,000 Livestock Farmers In Kogi State To Benefit From $500m World Bank Fund

News in brief: - The World Bank-backed Livestock Productivity and Resilience Support Project (L-PRES) aims to empower around 30,000 farmers in Kogi State with a $500...

Global Food Inflation Remains High, Hunger Relatively Unchanged – World Bank

The World Bank's biannual Food Security Update report for July 2023 highlights high food inflation worldwide, affecting low- and middle-income countries.

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