Latest News
IFC Invests in Soufflet Ethiopia to Boost Local Malt Production, Support Farmers
IFC, a member of the World Bank Group, and the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP), today announced a €20 million investment in Soufflet Malt Ethiopia to help the company build and operate a malting plant in Ethiopia, supporting local farmers and economic growth.
Global Agriculture and Food Security Program Announces New Round of Grants to Fight Hunger and Poverty
Seven Countries to Receive $160 Million to Improve Food Security and Increase Incomes
Global Agriculture and Food Security Program Announces $107 Million in Grants to Fight Hunger and Poverty
Partners in the GAFSP announced $107 million in grants to five countries−Benin, Bhutan, Kenya, Laos PDR, and Timor Leste−for country-led initiatives to increase agriculture productivity, reduce poverty, and improve food and nutrition security.
IFC, GAFSP Invest $6 million to Fund Expansion of Ethiopia-based africaJUICE
IFC and the private sector window will each invest $3 million to support growth and expansion of africaJUICE, sub-Saharan Africa’s first Fairtrade certified company that both grows and processes tropical fruit.
GAFSP Set To Reach More Than 10 Million Farmers across 25 Countries
Partners in the Global Agriculture and Food Security Program (GAFSP), a multi-donor trust fund established in 2010 to improve food security in the world’s poorest countries, today announced the allocation of $254.5 million in grants to eight countries.
IFC, GAFSP Invest $10 Million in Root Capital to Support Small Farmers in Africa, Latin America
IFC and the private sector window of the Global Agriculture and Food Security Program (GAFSP) will invest $5 million each in Root Capital to help expand access to working capital and markets for 300,000 farmers over the next four years.
Global Agriculture and Food Security Program Announces New Round of Grants to Fight Hunger and Poverty
Six Countries to receive $177 Million to increase Incomes, and improve food security.
Fact Sheet: G-8 Action on Food Security and Nutrition
At the Camp David Summit, G-8 and African leaders will commit to the New Alliance for Food Security and Nutrition, the next phase of our shared commitment to achieving global food security.
Dutch Government Contributes €100 Million to Global Food Security, Signs Agreement with IFC
IFC and the Netherlands today signed an agreement, formalizing a €100 million contribution by the government to the Private Sector Window of the Global Agriculture and Food Security Program, to strengthen investment in food security in emerging market countries.
IFC Helps PRAN Increase Processed Foods Availability in Bangladesh, Create Jobs
IFC is providing a $15 million loan to Natore Agro, a subsidiary of food processing group PRAN, to expand production capacity, create 1,800 rural jobs and integrate small farmers into retail supply chains.
Global Agriculture and Food Security Program Announces Third Round of Grants, And Calls on G-20 Counterparts to Contribute
Four Countries to Receive $160 Million to Help Small Farmers Increase Incomes and Improve Food Security
Treasury, African Ambassadors Discuss Global Agriculture and Food Security Program, Urge New Donors to Come Forward Some 25 Countries Expected to Apply for Second Wave of Food Security Funds
The U.S. Department of the Treasury today announced that Under Secretary for International Affairs Lael Brainard, along with Sylvia Mathews Burwell, president of the Global Development Program at the Bill & Melinda Gates Foundation, met with ambassadors and embassy officials from more than a dozen African countries to discuss the increased demand for assistance from the Global Agriculture and Food Security Program.