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The Africa Solidarity Trust Fund

Year of publication 2020

Place of publication Accra, Ghana ;

Pages 8p.

Author FAO

Publisher FAO ;

Product type Brochure, flyer, fact-sheet

Edition 1

Synopsis (short abstract) The Sustainable Development Goals and Africa’s Agenda 2063 define the context in which FAO collaborates with its partners to advancing Africa’s development priorities over the next decades. Launched in 2013, the Africa Solidarity Trust Fund (ASTF) provides catalytic and flexible funding to Africa- to-Africa initiatives on food and agriculture, at the regional and country level. As an FAO initiative, the ASTF already proves its success rating as an innovative African-led instrument for sustainable development. By unlocking the potential of intra-African cooperation to bring about rural transformation, the ASTF is a unique funding mechanism that pools resources from Africa to address critical gaps in the development agenda of African countries. Harnessing homegrown knowledge, technology and good practices for food and nutrition security is at the core of this initiative. With an initial USD 40 million from Equatorial Guinea, Angola and symbolic contributions from civil society organizations, the ASTF enable FAO to assist African countries in addressing agricultural issues linked to peace, food security and nutrition, employment, environment, and climate change while creating a positive impact locally.

Language English

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    The Africa Solidarity Trust Fund (ASTF) is an innovative Africa-led fund to support African development initiatives. The Fund was officially launched in June 2013 at the FAO Regional Conference for Africa, with initial funding of USD 40 million from Equatorial Guinea (USD 30 million) and Angola (USD 10 million). In addition, ASTF also received a symbolic contribution from a group of Civil Society Organizations in the Republic of the Congo. The Fund's main goal is to strengthen food security across the continent by assisting countries and their regional organizations to eradicate hunger and malnutrition, eliminate rural poverty and manage natural resources in a sustainable manner. This summary presents key results achieved by the ASTF through 18 programmes/projects implemented in 41 countries between 2014 and 2018.
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