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World Bank Approves $570m to Address Food Insecurity in West Africa

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World Bank has announced the approval of a new multiphase regional program that will see over four million people benefiting in food security and resilience across West Africa.

World Bank Approves $570m to Address Food Insecurity in West Africa

World Bank Approves $570m to Address Food Insecurity in West Africa

The new Food Systems Resilience Program (FSRP) was approved by the World Bank for a total amount of $570 million in International Development Association (IDA) financing.

The first phase of the program, amounting to $330 million brings together four countries; Burkina Faso, Mali, Niger, and Togo, and three regional organizations – the Economic Community of West African States (ECOWAS), the Permanent Interstate Committee for Drought Control in the Sahel (CILSS), and the West and Central Africa Council for Agriculture Research and Development (CORAF), to implement a broad program that will simultaneously increase agricultural productivity through climate-smart agriculture, promote intraregional value chains and trade, and build regional capacity to manage agricultural risk.

“By investing across these three areas and targeting priority landscapes and value chains of regional relevance, the program takes a system approach to stimulate virtuous cycles of growth that can break the perpetual pattern of shock-recovery-shock,” said Chakib Jenane, World Bank’s Practice Manager, Agriculture and Food Global Practice for Western and Central Africa.

Multiple shocks across West Africa, largely induced by agricultural risks, have made food scarcer and more expensive and increased malnutrition. In 2021, approximately 27 million West Africans needed immediate food assistance due to a combination of drought, poverty, high cereal prices, environmental degradation, displacement, poor trade integration, and conflict. Sobering predictions of more frequent extreme weather events, coupled with agricultural productivity that is not keeping pace with population growth, means long-term sustainable development is under threat.

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Jean Claude Kassi Brou, President of the ECOWAS Commission said, “Food crisis prevention and management are best achieved at a regional level to mitigate, diversify, and transfer production risks and allow for economies of scale. This program enables greater cooperation to ensure food security, now and into the future, for the benefits of the populations in ECOWAS.”

In addition to upgrading regional food crisis prevention and management systems, FSRP countries and regional institutions will work together to strengthen shared agricultural and hydrometeorological information services so they are more accessible and useful to decision-makers, farmers, pastoralists, and other actors in the food systems in the sub-region. They will also collaborate on strengthening national and regional agricultural research and the policy environment for landscape governance to avoid, reduce, and reverse land degradation. Moreover, FSRP will facilitate increased trade across key corridors and will support the development of strategic value chains within and among participating countries as identified by them.

“This new program is designed to achieve greater regional impact and food system resilience gains than any number of individual national investments could achieve,” said Boutheina Guermazi, World Bank Director for Regional Integration for Sub-Saharan Africa, the Middle East and Northern Africa. “It will serve as regional platform to create synergies with other initiatives across West Africa.”

It is estimated that FSRP will reach four million direct beneficiaries, including farmers (with a focus on women and youth), small-scale producers and processors, and small and mid-size agricultural enterprises. The program also aims to bridge gender gaps in agriculture and reach at least 40 percent women.

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