Major companies in agricultural technology have joined forces with the leaders of the principal industrialized countries to focus on sub-Saharan Africa in a bid to improve agricultural productivity, fight poverty, and feed a growing population in a sustainable way.

“We commit to launch a New Alliance for Food Security and Nutrition to accelerate the flow of private capital to African agriculture, take to scale new technologies and other innovations that can increase sustainable agricultural productivity, and reduce the risk borne by vulnerable economies and communities,” the Group of Eight major industrial nations said after their conference at Camp David.  The private sector pledged $3 billion to the effort, the U.S. State Department said.  READ MORE »