New Investments
President Biden Announces Over $1 Billion in Support to Tackle Food Insecurity in Africa
President Joseph R. Biden has announced more than $1 billion in additional humanitarian assistance to address urgent needs arising from food insecurity and crises affecting refugees, internally displaced persons (IDPs), and vulnerable communities in 31 African countries.
The funding was unveiled during President Biden’s visit to Angola, marking a significant commitment to supporting African nations in their fight against hunger and related challenges.
The aid package includes nearly $823 million administered by USAID, with over $202 million sourced from the U.S. Department of Agriculture’s Commodity Credit Corporation.
An additional $186 million will be distributed through the U.S. Department of State.
This announcement builds on the commitments made at the 2022 U.S.-Africa Leaders’ Summit, where President Biden reaffirmed the United States’ dedication to addressing food insecurity across the continent.
Africa remains the region most affected by hunger, with the United Nations estimating that one in five Africans—almost 300 million people—faced hunger in 2023.
The number of individuals experiencing acute food insecurity continues to rise, driven by factors such as armed conflict, extreme weather events, and natural disasters.
“Armed conflict, natural disasters, and other emergencies are exacerbating the humanitarian crisis,” the statement noted.
“This funding demonstrates our firm resolve to help save lives and alleviate suffering among the continent’s most vulnerable populations.”
The aid will enable U.S. humanitarian partners to deliver critical services, including emergency healthcare, water and sanitation initiatives, and programs to prevent infectious disease outbreaks.
It will also provide for other essential needs, such as protection, mental health services, education, and shelter.
A key portion of the funding, facilitated by the Commodity Credit Corporation, will support the purchase, shipping, and distribution of U.S. agricultural commodities.
These resources, sourced from American farmers, will directly address acute food insecurity in East and Central Africa.
Despite the United States providing nearly $6.6 billion in humanitarian assistance across sub-Saharan Africa in Fiscal Year 2024, President Biden emphasized that the scale of the crisis requires greater international collaboration.
“We urge other donors to step up in this time of historic need,” he said, calling for expanded efforts to address the growing demand for life-saving aid across the continent.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Digital Africa Invests in Four African Startups, Expands its Investment Portfolio Under Fuzé Initiative
Digital Africa, a leading venture capital firm, has announced strategic investments in four innovative startups across Africa, demonstrating its commitment to empowering tech solutions tailored to the continent’s economic landscape.
UK E-Mobility Startup OX Delivers Gears Up for Africa Expansion with $1.5 Million Grant
OX Delivers, a British e-mobility transport service, has secured a £1.2 million ($1.5 million) grant from Energy Catalyst, an Innovate UK program.
Egyptian Healthtech Startup Yodawy Secures $10 Million Boost from Ezdehar
Ezdehar investment fund has injected $10 million into Yodawy, a pioneering Egyptian health-tech platform.