USAID to Announce Agriculture Fast Track Fund at Grow Africa Investment Forum and WEF Africa Summit in Cape Town

Partners in this fund also include AfDB and Swedish Government

For Immediate Release

Tuesday, May 7, 2013

 

WASHINGTON, D.C. – On May 9th, U.S. Agency for International Development (USAID) Administrator Rajiv Shah will join African Development Bank (AfDB) President Donald Kaberuka and Swedish Minister for International Development Cooperation Gunilla Carlsson to launch the Agriculture Fast Track Fund in Cape Town, South Africa. This is a first-of-its-kind fund that will encourage greater private investment in agriculture infrastructure projects in sub-Saharan Africa.

The announcement will occur immediately prior to the Grow Africa Investment Forum’s closing session. With significant gains in the area of technology and private investment, agriculture infrastructure is seen as a critical need in advancing African food security. 

WHO:             USAID Administrator Rajiv Shah

African Development Bank President Donald Kaberuka

Swedish Minister for International Development Cooperation Gunilla Carlsson

WHAT:          Announcement and Launch of Agriculture Fast Track Fund

WHEN:          Thursday, May 9, 2013

                        7:30 – 8:10 am SAST

WHERE:       The Westin Capetown

                        Bartholomew Diaz & Vasco da Gama Room

Convention Square

Lower Long Street 8001

Cape Town, South Africa

 

* Please note media credentials are not required to attend this event and reporters will have an opportunity to ask questions as time allows.

Please RSVP to usaidpressofficers@usaid.gov and agohmann@usaid.gov.

Last updated: March 19, 2014

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