Global Trade Alert
Global Trade Alert

African Development Bank: USD 1.5 billion African Emergency Food Production plan

Announcement

20 May 2022

In May 2022, the African Development Bank Group's Board of Directors announced the approval of a USD 1.5 billion facility to assist African countries in tackling the food crisis triggered by Russia's invasion of Ukraine.  

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 May 2022

Revocation date:

No revocation date

Announced: 20 May 2022
Production subsidy In force
On 20 May 2022, the African Development Bank (AfDB) Group's Board of Directors approved the USD 1.5 billion African Emergency Food Production Facility to support African agriculture. The AFDB launches...
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