FAO Regional Conference for Africa boosts the Africa Solidarity Trust Fund (ASTF)

Results achieved through the Africa Solidarity Trust Fund (ASTF) projects are beginning to add momentum to the vision of Africa- Africa cooperation to achieve food security across the continent.

The fund, which was set up in 2012, is widely seen as an innovative mechanism to mobilize resources from one African country for the benefit of another, promoting intra-Africa collaboration, also known as South-South Cooperation.

Since 2013, contributions have reached USD 40 million, with Equatorial Guinea and Angola being the major financial contributors. To-date, the fund has allocated USD 34.5 million to 15 regional programmes and national projects which are being implemented in 36 countries to boost efforts to eradicate hunger and reduce malnutrition and poverty.

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[FAO  Source]