G-8 leaders this year welcomed the addition of Benin, Malawi, and Nigeria to the New Alliance, joining existing members Burkina Faso, Cote d’Ivoire, Ethiopia, Ghana, Mozambique and Tanzania who have negotiated rigorous Country Cooperation Frameworks for accelerating investment that include policy reforms, private investment intentions, and donor commitments to align predictable assistance flows behind recipient country priorities.
When I last wrote a piece for FrontLines, I described USAID efforts to do development differently, particularly to help countries feed their own people and drive economic growth. In just a short amount of time since then, we’re already seeing results—proof that our modern approach to development is working.
In 2012, Ghana Nuts became one of six Ghanaian companies to sign a letter of intent under the New Alliance, aiming to contribute to the strength and sustainability of local production and supply chains.
Thanks to this policy reform, grain is already moving at a faster rate from surplus to deficit areas, and both smallholder and large-scale farmers have increased maize production and are taking advantage of better market prices for maize in the region.
The Agriculture Fast Track is a new and first-of-its kind joint effort that establishes a fund aimed at increasing the number of investment-ready infrastructure projects and public-private partnerships in Africa.