March 13

The African Development Bank Donates $20 Million to Strengthen Food Security and Increase Incomes of Small Producers in Senegal

The Board of Directors of the African Development Bank Group granted a donation of $20 million to Senegal, in Abidjan on Tuesday 5 March 2024, to implement the Post-Covid Food and Nutrition Security Enhancement Project (PRESAN-PC), designed to increase the agricultural production and incomes of vulnerable women and young people over the long term.

The Bank’s financial support comes from the Global Agriculture & Food Security Program (GASFP), a multilateral fund aimed at improving incomes and food security for vulnerable populations in developing countries by increasing the volume and quality of investments made in the public and private sectors.

Photo courtesy of UN Women Africa.

Source: African Development Bank Group (link opens in a new window)

Agriculture, Investing
food security, nutrition, philanthropy