The package should benefit countries grappling with the food shortages spurred by the war in Ukraine, regional conflicts, and droughts induced by climate change.
Japan will provide Africa ¥5.042 billion (approximately $33.5 million) to enhance food security. The Japanese Ministry of Foreign Affairs disclosed the aid on March 1, 2024.
According to the same source, this funding will benefit 15 Sub-saharan African countries, including Kenya, South Sudan, and Mali. It will facilitate the distribution of food items such as cereals through the World Food Programme (WFP).
Food security has deteriorated in several African countries in recent years, primarily due to rising food prices following the war in Ukraine, regional conflicts, political instability, and waves of drought induced by climate change.
During the 8th Tokyo International Conference on African Development (TICAD-8), held in August 2022 in Tunis, Japan pledged to mobilize $30 billion for Africa over three years in the form of investments and financing. This should bolster various sectors including agriculture, health, green economy, and human capital promotion.
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Côte d’Ivoire introduces 9% VAT on fertiliser inputs under 2026 budget Measure raises importer costs; fertiliser inputs were previously...
Canadian miner Fortuna says reserves at its Séguéla mine rose to 1.54 million ounces, supporting a study to lift annual production above 200,000...
Cyclones accounted for over half the losses on the continent, Munich Re reports, with less than 20% of the damages covered by insurance. Natural...
ILO promotes short, flexible learning to meet labor market shifts Micro-learning shows higher completion and retention rates Approach seen as...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...
Bamako hosted the first International Festival of African Documentary (FIDAB) from January 16 to 18, 2026, screening 12 African films. UNESCO...