IFAD inks deal with EU bank to boost food security, climate resilience in Africa


  • World
  • Tuesday, 16 May 2023

NAIROBI, May 15 (Xinhua) -- The International Fund for Agricultural Development (IFAD), a UN specialized agency, on Monday announced a partnership with the European Investment Bank (EIB) to promote food security and climate-resilient farming in Africa.

Low and middle-income African countries will benefit from the new cooperation between IFAD and EIB, aimed at enhancing climate resilience among the continent's small-holder farmers and addressing food insecurity, said a joint statement from the two agencies.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Indonesia searching for missing surveillance plane with 11 onboard
Ugandan President Museveni re-elected to seventh term
Ukraine's Zelenskiy orders faster imports of electricity, power equipment
Protesters in Denmark support Greenland after Trump's takeover threat
Syrian troops sweep northern towns as Kurdish fighters withdraw
Ukraine's peace negotiators arrive in US for talks with Trump officials
Venezuela's new leader, facing internal division, moves to tighten her grip on power
Exclusive-US talks with hardline Venezuelan minister Cabello began months before raid
Egypt's Sisi says he values offer by Trump to mediate Nile dam dispute
Uganda's Museveni wins re-election, opposition leader at large

Others Also Read