U.S., Norway Launch $200M Africa Agriculture Fund to Boost Food Security Amid Rising Hunger

U.S. and Norway to launch $200M Africa agriculture fund, commit initial $70M
Fund aims to help small farms and agribusinesses amid rising hunger
Comes as Russia, China compete with West for influence in Africa
Has potential to benefit 7.5 million people, 500 small businesses
Seeks to spur commercial financing by reducing investment risk

reuters.com

Relevant topic timeline:

8/14/2023

Founders Factory raises $114 million to fund African startups

Main topic: Founders Factory Africa raises $114 million to fund African startups and address gender imbalances. Key points: 1. Founders Factory Africa secures $114 million in funding from Mastercard Foundation and Johnson & Johnson Impact Ventures. 2. The funding will be used to scale the venture studio across the African tech ecosystem, address gender imbalances, and provide non-dilutive capital. 3. Founders Factory Africa's portfolio includes fintech and healthtech companies across 11 African countries.

8/21/2023

Investor pressure group urges G20 to reform agricultural subsidies

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9/6/2023

Developing countries propose $100bn climate damage fund

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