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US/FOOD SECURITYBack
[Published: Sunday May 20 2012]

Obama unveils US food security plan for Africa
Washington, 20 May - (ANA) - US President Barack Obama has announced a $ 3bn (£ 1.9bn) plan to boost food security and farm productivity in Africa, US officials say.
They say the initiative is aimed at alleviating shortages as world food supplies are being stretched by rising demand in Asia's emerging markets.
Food security is also on the agenda of this weekend's G-8 meeting.
The summit near Washington is being dominated by Europe's debt crisis and a possible Greek exit from the eurozone.
Mr Obama unveiled the Africa plan ahead of his first meeting with new French President Francois Hollande.
He said investments in African agriculture by private US companies, for a total of more than $3bn, would address "unacceptable" starvation.
"It's a moral imperative, it's an economic imperative and it's a security imperative," Mr Obama said. "'There is no reason why Africa cannot feed itself." (ANA)

FA/ANA/20 May 2012-----------


 


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