Public Management

Food Security: Japan announces $33.5M aid for 15 countries in sub-Saharan Africa

Food Security: Japan announces $33.5M aid for 15 countries in sub-Saharan Africa
Monday, 04 March 2024 18:12

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.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
BICEC ranked first in Cameroon for new credit issuance with a 17.60% market share in Q1 2025. Banks increased total new lending by 28.72%...
Benin plans to launch a national financial complaints platform by the end of the first quarter of 2026. OQSF-Benin will manage the platform with...
WAEMU states raised record 11.9 trillion CFA francs in 2025 Bond issuance surged as governments faced rising financing needs Investors increasingly...
Togo projects tax revenue up 10.8% in 2026 budget Taxes to supply over 82% of total state revenue Government relies on taxation as main budget...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
03

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
04

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
05

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.