Thursday, 22 May 2025
Subscribe
TrackNews Logo
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
  • 🔥
  • News
  • Politics
  • Business
  • Breaking News
  • National
  • Niger Delta
  • Entertainment
  • Crime
  • Sports
  • Gist
Font ResizerAa
Track NewsTrack News
Search
Follow US
©2025 Track News Media. All Rights Reserved. | Website Designed By AfeesHost
Home » Blog » EU commits €600 million to counter Ukraine war impacts on food security
Business

EU commits €600 million to counter Ukraine war impacts on food security

Track News
Last updated: June 21, 2022 8:20 pm
Track News
Share
SHARE

Another €600 million is headed to African nations as well as other parts of the world, after the European Commission approved additional food security aid it says is needed because of the Russia-Ukraine conflict.

The humanitarian assistance will come from the reserves of the European Development Fund, according to Ursula von der Leyen, president of the European Commission.

“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,” she said. “Russia is still blocking millions of tons of desperately needed grain.”

The funding includes €350 million for sustainable and resilient food systems, another €150 million in humanitarian assistance, and €100 million in funds earmarked for the Poverty Reduction and Growth Trust (PGRT) of the International Monetary Fund (IMF), which will coordinate the support for affected countries.

The European Union said it expects the IMF commitment to mobilize other donor support as well.

The new funding adds to the more than €2 billion committed to sub-Saharan Africa and €1 billion for North Africa and Middle East nations, as well as €225 million already extended to the MENA states with a focus on sustainable agriculture, water and sanitation, and social safety protection.

EU data finds that even before Russia’s invasion of Ukraine, nearly 193 million people in 53 countries and territories were food insecure and in need of urgent assistance.

“Russia’s attack is dramatically worsening the situation,” the EU said.

The announcement comes during European Development Days, with the EU also pledging to deliver renewable energy to 100 million Africans by 2030.

Image: Ursula von der Leyen

TAGGED:EU commits €600 million to counter Ukraine war impacts on food security
Share This Article
Email Copy Link Print
Previous Article Amaechi’s Case: Court Demands Substituted Service
Next Article 2023: “Keep Your Money, It Is Not Your Time” – Ex-Gov Warns Tinubu
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

Coronavirus: FG sets up task force for free movement of farm produce

By
Track News

Court Rules Zenith Bank Is Fraudulent, Urges Nigerian Consumers To Beware

By
Track News
Business

Bomb Blast Rocks Cattle Market in Nigeria’s North East

By
Track News

After Elon Musk’s takeover, the FG is considering banning Twitter once more.

By
Track News
Track News
Facebook Twitter Youtube Instagram

About US

Track News is a leading news site with a primary focus on Nigeria and world news in general. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
Usefull Links

© Track News Media. All Rights Reserved. | Website Designed By AfeesHost

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?