Arab Bank Increases African Agricultural Aid

The Arab Bank for Economic Development in Africa is set to increase its financial assistance for the

, Reuters reports. The bank will increase its total commitments to the region to USD1 billion. A portion of this money will be spent on food security and agricultural projects in sub-Saharan Africa.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.