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Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
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    World Bank Responds to Ethiopian Food Security Concerns

    By Ivy Mungcal // 25 October 2009

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    The critical mineral that puts food on the table for half the world
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    Why food security is central to international financial reforms
    Why food security is central to international financial reforms
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    Inclusive finance is the lifeline we keep ignoring

    The

    has approved a USD350 million grant and a USD130 million loan to support the third phase of Ethiopia's Productive Safety Net Program, which is designed to keep millions of Ethiopian families out of poverty and help them secure their food supply. The bank will also help finance the country's Household Asset Building Program, which helps food-insecure families diversify their income sources and increase their productive assets.

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    About the author

    • Ivy Mungcal

      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.

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    Food SystemsRelated Stories - Why food security is central to international financial reforms

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