Despite the challenges posed by the climate crisis, Africa is positioned to emerge as the world’s breadbasket, with 60 per cent of the world’s unused arable land and the potential to triple agricultural productivity.
However, the continent faces the dual challenge of addressing food and nutrition insecurity affecting nearly 300 million people and mitigating the impacts of the climate crisis.
In a groundbreaking move, the Green Climate Fund (GCF) and the Alliance for a Green Revolution in Africa (AGRA) have jointly launched Re-Gain, a regional programme aimed at unlocking Africa’s potential as a food production powerhouse.
Announced during the African Heads of States Food Systems Session at COP28, this initiative focuses on improving access to technologies for smallholders, making food loss reduction solutions more accessible, and creating supportive environments for transitioning food systems.
Supported by project preparation funding from GCF, the Re-Gain initiative aims to leverage over USD 100 million in financing to scale up the adoption of food loss solutions, with initial participation from countries such as Burkina Faso, Ethiopia, Kenya, Malawi, Tanzania, Uganda, and Zambia, and further engagement expected in subsequent phases.
This initiative marks a significant milestone as the first project developed through GCF’s pilot Project Specific Assessment Approach (PSAA), a novel funding modality designed to broaden access to GCF resources by engaging new partners, countries, and technologies that have been underserved by the existing GCF Accredited Entity network.
Mafalda Duarte, GCF Executive Director, expressed pride in partnering with AGRA on Re-Gain, highlighting its potential to transform Africa’s food systems. The initiative aims to mobilize private capital at scale, lower the cost of innovative solutions, and improve the well-being and livelihoods of smallholders and their communities. Dr. Agnes Kalibata, AGRA President, emphasized the program’s timeliness in addressing the various dimensions of food loss, from post-harvest losses to supply chain inefficiencies.
Former Prime Minister of Ethiopia and AGRA Board Chair, H.E. Hailemariam Desalegn, stressed the need for a multi-faceted approach involving investments in infrastructure, technology dissemination, and effective market linkages to empower African smallholders, enhance food security, and contribute to the region’s overall economic development.