High grain stocks and lower poultry feed demand are expected to reduce Egypt’s corn import needs through mid-2026, even as the country continues efforts to strengthen food security.
The financing will support a major increase in fertiliser production in Nigeria and fund a new manufacturing plant in Ethiopia as Africa seeks to strengthen food production and cut reliance on imports.
Rising fertilizer exports are helping Morocco manage higher energy costs and weaker global economic growth, according to the World Bank.
The partnership will combine agricultural research and artificial intelligence to improve decision-making for farmers, researchers and policymakers across the Global South.
Higher wheat procurement, better storage, and improved farming methods are helping Egypt reduce pressure from imports and global market shocks.