The New Alliance for Food Security and Nutrition is accelerating action and achieving results, demonstrating significant progress in catalyzing responsible private sector investment in African agriculture.
- Partnership in the New Alliance has expanded from three to ten African countries
- Nearly 180 African and international companies have signed Letters of Intent to invest $7.8 billion in African agriculture, $1.1 billion of which was realized in 2013
- Private investments have reached 3 million smallholders and created more than 36,600 jobs
- African governments have advanced or completed 96 percent of policy commitments scheduled for completion by mid-2014
- Development partners have disbursed $2.1 billion, or 72 percent of expected funding to date
Continued focus from stakeholder groups will be needed to expand, adapt and aggregate these initial gains into sustained, meaningful impact for smallholders and their families.
New Alliance stakeholders have agreed to report annually on progress against commitments. Read more about New Alliance results and implementation challenges encountered in the annual New Alliance progress report.