AfDB, IFAD, others pledge $17 bln to boost food security in Nigeria, other African countries

AfDB, IFAD, others pledge $17 bln to boost food security in Nigeria, other African countries: Of the overall amount pledged, more than $10 billion came from The African Development Bank, which said it would invest $1.57 billion on scaling up 10 selected priority commodities over the next five years. This will help countries achieve self-sufficiency. Another $8.83 billion will go towards building strong value chains for these commodities over the next five years.