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African Development Bank (Abidjan)

US President Biden Backs AfDB's Plan to Feed Africa

At a summit of G7 leaders on Tuesday, U.S. President Joseph Biden and fellow G7 leaders announced a contribution of $4.5 billion to address global food security, with the United States meeting 50% of that commitment. The Biden administration announced that it will invest $760 million of its contribution to combat the effects of high food, fuel, and war-driven fertilizer prices in those countries that need this support most.

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(L-R) Japan's Prime Minister Fumio Kishida, Canada's Prime Minister Justin Trudeau, Germany's Chancellor Olaf Scholz, US President Joe Biden, Italy's Prime Minister Mario Draghi at the G7 Summit, Germany, 26 June 2022


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