Rockefeller Foundation gives $130M to stem food losses
{{#rendered}} {{/rendered}}The philanthropic group Rockefeller Foundation has announced a $130 million fund to reduce global food loss and waste.
The U.S.-based group said the fund will mainly help sub-Saharan Africa to reduce post-harvest loss over a period of seven years.
Mamadou Biteye, head of the Rockefeller Foundation's Africa office, blamed the food losses on poor harvesting techniques, poor storage and lack of infrastructure.
{{#rendered}} {{/rendered}}This Rockefeller event was held Wednesday on the sidelines of the U.S.-Africa Business Summit that is taking place in the Ethiopian capital, Addis Ababa.
Ethiopia is currently facing a drought that led to widespread crop failure and now threatens lives.