Yellen visits Zambian farm to showcase Africa's ag potential

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Yellen visits Zambian farm to showcase Africa's ag potential
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U.S. Treasury Secretary Janet Yellen visited sites in rural and urban Zambia on Tuesday in an effort to showcase Africa's potential to help solve the world's problems with food shortages.

They told Yellen stories of how they’ve sustained their communities — by sharing goats to mate to build a sustainable livestock supply and by developing collective savings groups and silos for grain.

In Zambia, roughly 2 million people face acute food insecurity, more than half the population lives below the poverty line and nearly half of the population is unable to meet minimum caloric intake needs. Food insecurity is increasing around the globe, due to COVID-19, Russia’s invasion of Ukraine, and rising food costs, according to aby the U.N. Food and Agricultural Organization and other United Nations agencies. Nearly a half-billion people were undernourished in 2021 and more than 1 billion faced moderate to severe food insecurity, the report said.

In the U.S., the Treasury Department issued a carve-out to the thousands of sanctions that have been imposed on Russia, to allow agricultural transactions and trade related to humanitarian aid and access to communications. The hope is to prevent some of the most damaging impacts of the war on vulnerable populations.

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