– $27M Investment in Africa’s Agricultural Growth
– AfDB, IITA Partner for Farming Transformation
– Boosting Food Security Through Innovation
The African Development Bank (AfDB) and the International Institute of Tropical Agriculture (IITA) have signed a $27 million agreement to accelerate agricultural transformation across Africa. The partnership aims to enhance food security, increase productivity, and support smallholder farmers through improved technology and sustainable farming practices.
This initiative will focus on research, training, and the development of resilient crop varieties to address climate change challenges. Experts believe the funding will help modernize Africa’s agricultural sector, ensuring long-term economic and environmental benefits.