AfDB pledges extra $1bn for agriculture

by Richard Kilner

Story link: AfDB pledges extra $1bn for agriculture

Donald Kaberuka, the president of the African Development Bank (AfDB), announced in Tunis that the AfDB is to bolster its commitment to fighting food shortages with an extra $1bn in funding.

The extra money is to be spent on agricultural projects across Africa.

Kaberuka has also called upon countries that produce and export cereals not to put a ban on exports as a response to the world food crisis.

Such a move, he has said, would endanger the lives of 150m Africans in a dozen nations, disproportionately affecting older people and the sick.