he African Development Bank (AfDB) Group and Export Trading Group (ETG) have signed a financial agreement worth $ 100 million loan to finance support agriculture on the African continent.
The money is expected promote employment for youths and women, and adopt an integrated value-chain approach that emphasizes access to regional and global markets.
Africa faces a significant food security challenge and continues to depend on food imports to meet ever-growing demand. The continent spent over $ 35 billion to import food in 2015 and net food imports are projected to increase to more than $ 110 billion by 2025. Read more. Source | New Times