• About
  • Advertise
  • Careers
  • Contact Us
Sunday, July 6, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Economy Finance

AfDB, Partners Commit $30b to Food Security in Nigeria, other African Countries

by Justice Godfrey Okamgba
January 28, 2023
in Finance
0
AfDB
UBA
Advertisements

The African Development Bank (AfDB) and other development partners have pledged $30 billion to national compacts aimed at achieving food sufficiency on the African continent within the next five years.

The resolution was one of the outcomes of the rigorous boardroom deliberations involving 41 countries and 34 Heads of State and Government held as part of the second edition of the Feed Africa Summit, which took place from January 25 to 27 at the Abdou Diouf Centre for International Conference in Dakar, Senegal.

Dr. Akinwumi Adesina stated at the event that the development partners who were actively involved in the boardroom sessions “agreed to support these compacts with a sharp focus on results” and collectively committed $30 billion towards implementing the game-changing initiatives drawn from sub-regional clusters on the continent.

He further stated that if the leaders do not retrace their steps, democracy would be entrenched in corruption, noting that the implication would be costly. The president stated that the compacts developed for funding totaled 40 in number and that initiatives aimed at ensuring food security across the continent would be prioritized.

He said: “Democracy is possible in Nigeria, and we have the capacity to build a culture of democratization.” The $30 billion commitment excludes other efforts targeted at attracting other private sector funding to the agriculture ecosystem. However, some youths staged a protest shortly after Buhari commissioned the underpass and left to commission another.

 

Loading

Advertisements
MTN ADS

Author

  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

    View all posts
0Shares
Tags: AfDBDevelopment BankFood Security
Justice Godfrey Okamgba

Justice Godfrey Okamgba

Next Post
Verve Card

Verve…Leading the Way With Exciting Payment Innovation for Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Asus Zenbook S 13 OLED (UX5304)

Behold! ASUS Zenbook S 13 OLED is the World’s Slimmest 13.3″ OLED Laptop

2 years ago
Airtel Africa taps Network International for payments processing

Airtel Africa Taps Network International for Payments Processing

1 year ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.