Pursuits

Obama Calls for Africa Aid as Companies Pledge $3 Billion

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President Barack Obama called for a new phase of African farm aid as 45 companies worldwide including Cargill Inc. pledge more than $3 billion to ease threats to global security posed by scarce nutrition.

The “New Alliance for Food Security and Nutrition” has a goal of pulling 50 million people from poverty in the next 10 years, Obama said today in his first speech on food security, before traveling to the Group of Eight summit at Camp David, Maryland.