The Food Security Cooperation Arrangement was signed following a meeting of the African Union Executive Council in Addis Ababa. The arrangement will provide a government-to-government framework to encourage commercial partnerships between New Zealand and Ethiopian agricultural interests.
“Africa is of increasing interest and importance to New Zealand, as evidenced last year when we made the decision to open a diplomatic post in Addis Ababa. Ethiopia has one of the largest populations in Africa, some 91 million people, a fast growing economy and is situated close to key markets in the Gulf. This arrangement will enable New Zealand to assist in the development of commercial scale agriculture in Ethiopia, and build food security partnerships in the region.” Mr McCully said.
29 January 2014. Addis. The Government of Canada announced funding totalling approximately $35 million to support sustainable economic growth, food security and good governance in Africa. The funding will be directed among others to Food Security for the Support to the Africa Enterprise Challenge Fund – Agribusiness in Africa Window (Pan-Africa):
This project supports new business ideas that will create jobs, boost agricultural productivity and connect small farmers to agricultural markets. This initiative is worth $15.15 million over seven years and will be implemented by the Alliance for a Green Revolution in Africa (AGRA).