Agrifood tech startups in Africa have raised USD 1.1 billion over 5 years, according to Agfunder.
EU wheat is being purchased by African and Middle Eastern states as exports from Ukraine continue to be disrupted by war amid food security concerns.
The ITFC has begun dispersing a USD 3 billion credit extension to Egypt to address the rising costs of food and energy imports.
Trade between Ethiopia and the UAE has surpassed USD 2.5 billion over the past five years, according to the Ethiopian Ministry of Trade and Regional Integration.
Wheat shortages due to the Ukrainian conflict have led to rising costs and concerns over food security.
The African Development Bank’s (AfDB) 2022 Annual Meetings to be held in Accra from 23-27 May target climate resilience and a just energy transition for the continent.