Agriculture sector across Africa will now get a boost as the African Development Bank said it will invest $24 billion in the next ten year to fight hunger.
The AFDB President, Akinwumi Adesina made this known at an agriculture conference in the United States.
Adesina said subsidies with a market-based system will expand access to finance for farmers and agricultural value chains.
He added that Africa needs $1billion initiative to transform the use of farm technologies.
The AFDB Boss called on the bank’s global partners to help lift one billion people worldwide out of hunger.