The European Commission has approved a €600 million additional food security aid to Africa and other parts of the world, EU President, Ursula von der Leyen, has said. Speaking during the European Development Days (EDD), Leyen said the gesture became necessary due to the Russia-Ukraine conflict, adding that the humanitarian assistance would come from the reserves of the European Development Fund. She said, “Russia’s war of aggression is taking a heavy and senseless toll, not only on the Ukrainian population, but also those most vulnerable around the world. “Russia is still blocking millions of tons of desperately needed grain,” the EU president pointed out. According to her, the funding includes €350 million for sustainable and resilient food systems, €150 million in humanitarian assistance, and €100 million in funds earmarked for the Poverty Reduction and Growth Trust (PGRT) initiative of the International Monetary Fund (IMF), which will coordinate the support for affected countries.
Read more at Agro Nigeria: EU Approves €600 million Food Security Funding for Africa, Others.
