Gates Foundation and Qatar Fund for Development Announce New Partnership
A new strategic partnership between the Qatar Fund for Development and the Bill and Melinda Gates Foundation will invest $200 million in developing Africa to support women, youth and smallholder farmers. The partnership, dubbed “Nanmo,” will help develop climate-adaptive farming tools and technologies to protect communities from the impacts of climate change. The money will also support markets in Africa.
The foundation’s new strategic partnership is aptly named “Nanmo,” which means “growing together” in Arabic. Its aim is to strengthen economies in developing countries by supporting smallholder farmers in sub-Saharan Africa and South Asia. The foundation is aiming to build more resilient food systems to help prevent the onset of greater hunger crises and boost economies. The partnership will also help ensure that women small-scale producers have an equal voice in decisions affecting their livelihoods.
The Gates Foundation is a large charity dedicated to eliminating poverty and inequity in the developing world. Its recent announcement in Qatar is a positive sign for ag-tech and climate-adaptive agriculture. The foundation’s funding will be split 50:50 with Qatar’s state fund for development. This partnership will enable more farmers in developing countries to produce more food and earn more money.
The Bill and Melinda Gates Foundation has announced a partnership with the Qatar Fund for Development, which aims to provide $200 million for climate-adaptive agriculture projects. The new funding will support projects that have clear impact on multiple United Nations Sustainable Development Goals, including poverty alleviation, agricultural transformation, nutrition, and youth and women’s empowerment. These projects will help farmers adapt to the changing climate conditions in order to survive and thrive.