The United States announces $260 million

Harris Marley

Global Courant

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Today, while in Tanzania, USAID Administrator and Feed the Future Global Coordinator Samantha Power announced an additional $260 million to raise support for the US government’s response to the global food security crisis. This comes at a critical time as new interlocking and compounding shocks exacerbate existing food needs, with an estimated 768 million people already experiencing chronic hunger.

This new funding will be provided through Feed the Future, the US government’s global hunger initiative. To meet the immediate challenges of food insecurity and strengthen food systems to withstand new shocks, Feed the Future is expanding its efforts to transform what is grown, how it is grown and who benefits.

As part of this effort, the United States will make investments to support its regional and bilateral programs, as well as its agricultural and nutrition efforts in countries in Africa and Asia most affected by the crisis. This new assistance includes in particular programs to leverage the private sector; Stimulating local manure production and improving soil health – including through the Vision for Adapted Crops and Soils; increase food yields by helping farmers adopt climate-friendly practices; increasing access to water for farming communities; reduce food losses and strengthen food market systems; combat and prevent malnutrition.

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USAID has now pledged more than $14 billion in humanitarian and development aid since June 2022 in more than 47 countries to address the global food security crisis exacerbated by Putin’s brutal and unprovoked war on Ukraine. This includes today’s announcement and the $2.76 billion President Biden announced at the G7 leadership summit in June 2022 to respond to immediate needs, as well as short-term sustainable food assistance.

This funding is critical to advancing the US government’s response to the global food security crisis by alleviating persistent fertilizer shortages, increasing investment in agricultural capacity and resilience, and cushioning the impact of macroeconomic shocks. These strategic investments have enabled USAID, in collaboration with local partners and governments, to make a difference on the ground during the crisis: equipping farmers with fertilizer so they can continue to grow crops, enabling small and medium-sized businesses to stay open, and ensuring that companies can continue to produce safe, nutritious food at affordable prices.

As a leader of the government-wide Feed the Future initiative, USAID remains committed to addressing this historic food crisis, but we cannot do it alone. Fighting world hunger is a collective effort and we urge other donors to step up. Together we can cultivate a more prosperous and resilient future for all.

Distributed by APO Group on behalf of US Agency for International Development (USAID).

This press release is issued by APO. The content is not checked by the African Business editors and none of the content has been checked or validated by our editors, proofreaders or fact-checkers. The publisher is solely responsible for the content of this announcement.

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The United States announces $260 million

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