The meeting was chaired by Prince Abdulaziz bin Talal bin Abdulaziz, President of AGFUND. According to the report, the board also reviewed AGFUND’s achievements during the year 2022. which includes fourteen projects approved by the board in the fields of food security, early childhood, climate change, women's empowerment, the health sector (vaccines and training for health personnel), and financial inclusion. These projects are implemented in cooperation with a number of institutions, including the League of Arab States, the United Nations Children's Fund (UNICEF), the Arab Coordination Group, the Supreme Council for Motherhood and Childhood in the UAE, the Ministry of Social Development in the Sultanate of Oman, Al-Amal Microfinance Bank in Yemen, and the Global Executive Leadership Initiative (GELI). in addition to capacity-building projects for AGFUND’s sister organizations. The report said, "The board was briefed on AGFUND's achievements during the year 2022, which focused on supporting food security through smallholder farmers’ agricultural insurance project for weather risks, which aims to provide high-quality seeds, link with supply chains, and access financial services, including electronic transfers." Currently, AGFUND is expanding this initiative by establishing farmer’s hubs in Arab and African countries. On the other hand, a project to use renewable energy to improve the quality of life in Yemen is being implemented in cooperation with the Saudi Program for the Development and Reconstruction of Yemen and the Selah Foundation for Development for five Yemeni governorates, benefiting 62,514 beneficiaries, concluded the report.
By Sumita Pawar
