The Bill & Melinda Gates Foundation has announced a $100m fund to tackle food crisis in Africa and South Asia.
According to a press statement by the Foundation, the organisation made the commitment at the United Nations General Assembly during the week.
It said the $100 million is “to help alleviate the food crisis disproportionately impacting communities in Africa and South Asia and address its underlying causes”.
The funding, it added, will to go “the Global Agriculture and Food Security Program (GAFSP) to support national governments in rebuilding resilient, sustainable local food systems
“The African Fertilizer and Agribusiness Partnership (AFAP) to make fertilizers affordable and accessible for smallholder farmers.
“The CGIAR’s Nigeria-based International Institute of Tropical Agriculture research center to accelerate work that is already supplying farmers with improved and new varieties of crops, such as beans high in iron; sweet potatoes naturally rich in vitamin A; and naturally hardy cassava, millet, and sorghum
Furthermore, the Gates Foundation said it will help in “working with partners to supply sustainable feed and fodder to African families that depend on livestock as a critical source of income and nutrient-dense food
“Working with partners to strengthen local food systems by empowering women farmers with the tools and resources they need to succeed and support their communities.
“In addition, the foundation will double its previous commitment to the Child Nutrition Fund—from $10 million to $20 million. Our investment will support the fund’s expansion beyond ready-to-use therapeutic food to include preventative nutrition products for both women and children.”