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LEAP Africa, AACE Food Processing & Distribution Ltd, Sahel Consulting Agriculture & Nutrition Ltd, and African Food Changemakers Ndidi Okonkwo Nwuneli ( // ⓘ ; born 22 March 1975) is a Nigerian entrepreneur , an expert on African agriculture and nutrition, philanthropy, and social innovation. [ 1 ]
The Economic Community of West African States and the World Bank Group, having identified common natural and social phenomena which impede food production and distribution in the sub region (like floods, droughts, the spread of pests, livestock diseases, pandemics and civil wars), have found it expedient to coordinate efforts among its member nations to strengthen food system risk management ...
Fifteen African States and France participated in the creation of the Fund. [2] The application for membership of three other African countries was accepted by the original members as early as April 1977. [3] In France, the creation of the Fund was the subject of Law no. 77-732 of 7 July 1977. [4] ASF operations began in September 1979. [5]
In the African Development Bank's (AfDB) 2022 Annual Report, a decrease in Africa's GDP growth to 3.8%, down from 4.8% the previous year, was recorded. The 16th replenishment of the African Development Fund (ADF-16), which provides soft loans and grants, served as a significant financial enhancement, gathering US$8.9 billion.
The first Africa Food Price winner was Kayano F. Nwanze, president of the International Fund for Agricultural Development. Obasanjo stated that "Dr. Nwanze's accomplishments on behalf of African farmers are a reminder of what's possible when you combine passion, good ideas, commitment, focus, hard work and dedication." [13] [14]
The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialised agency of the United Nations that works to address poverty and hunger in rural areas of developing countries. It is the only multilateral development organization that focuses solely on rural economies and food security. [2]