President Barack Obama will announce new U.S. and private sector financial commitments for food security efforts at a summit today in Senegal as he wraps up the first stop of a three-country tour of sub-Saharan Africa.
The U.S. will increase by $47 million assistance for seeds and agricultural technology, while private companies will commit to invest $134 million in Senegal’s agricultural system, Raj Shah, administrator for the U.S. Agency for International Development, said.