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World Bank Grants US$60 Million to the Agricultural Sector in Africa

The World Bank Board of Directors today approved a $60 million International Development Association (IDA) grant to help African countries strengthen the resilience of their agricultural sectors to the threat posed by climate change.

The grant fulfills the World Bank’s commitment at the 2019 United Nations Climate Summit to increase its support to the CGIAR, a global partnership that unites international organizations engaged in research about food security, to help advance agricultural research efforts for the benefit of rural households that rely on agriculture as a major livelihood source, and to increase food security.

BY: Naa Anyema Collison

 Source: World Bank

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