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Africa: 36.1 million people affected by drought in IGAD region

MOMBASA (Kenya)— About 36.1 million people in the IGAD region have been affected by the current drought situation and are facing heightened levels of food insecurity.The drought is also said to have wiped out an estimated 4.2 million head of livestock,…

Central African States Fail to Honor Timber Export Ban

Officials say most member states in the Central African Economic and Monetary Community, CEMAC, have failed to honor a ban on raw timber exports that was enacted last year to conserve forests and create jobs by locally processing wood.The six member co…

Chinese Lending at 13-Year Low; US Pledges Africa Investment

Recent visits to Africa by U.S. Ambassador to the U.N. Linda Thomas-Greenfield and U.S. Treasury Secretary Janet Yellen came as a new study found China’s overseas investments in the COVID-19 era are at a 13-year low. China has invested heavily in Afric…

AfDB and partners mobilise $30 billion for African farmers

DAKAR— The Dakar 2 Feed Africa Summit ended with a $30 billion pledge by the African Development Bank (AfDB) and development partners to finance food and agribusiness on the continent in the next five years.Of the amount announced at the summit held in…

Yellen Stresses US Commitment to Alleviate World Hunger

LUSAKA, ZAMBIA — On the final day of her visit to Zambia, U.S. Treasury Secretary Janet Yellen discussed climate-resilient food production and the global fallout from Russia’s war on Ukraine.On her second day in Zambia, Treasury Secretary Janet Yellen …