G8 Watch 2012
18-19 MAY 2012, CAMP DAVID, United States of America
Obama anounces Africa Alliance
New Alliance for Food Security and Nutrition.
The New Alliance for Food Security and Nutrition is a commitment by G‐8 nations, African countries and private sector partners to lift 50 million people out of poverty over the next 10 years through inclusive and sustained agricultural growth. It responds to strong African commitments to promote and protect food security and nutrition – articulated in multiple settings since 2003 and validated by tremendous progress made in Africa since 2009. The New Alliance builds upon and will continue the progress made by G‐8 nations since 2009 at the L’Aquila Summit, and offers a broad, inclusive and innovative path to strengthen food security and nutrition.
The New Alliance supports the accelerated implementation of the African‐developed and led agricultural plans (known as CAADPs), through assistance and by catalyzing private sector investment in African agriculture. It embraces the commitments made a L’Aquila and combines assistance with effective policies driven by African governments, increased private sector investment, new tools to scale innovation, and a focus on managing risk.
Initially launching in Tanzania, Ghana, and Ethiopia at the G‐8 Camp David Summit, the New Alliance will expand rapidly to other African countries, including Mozambique, Cote d’Ivoire, Burkina Faso and other African nations that are participating in the Grow Africa Partnership. Over time, the New Alliance will expand to all African countries prepared to join.
Specific commitments in the New Alliance are from:
- African leaders to refine policies in order to improve investment opportunities and accelerate the implementation of their country‐led plans on food security;
- Private sector partners who have already committed more than $3 billion to increase investments; and,
- G‐8 members who will support Africa’s potential for rapid and sustained agricultural growth with assistance and other development tools, and ensure accountability for the New Alliance.