Germany, Gates in $108M anti-hunger drive

Germany, Gates in $108M anti-hunger drive

Posted: Updated:

BERLIN (AP) — The German government says it is collaborating with the Bill & Melinda Gates Foundation and businesses to invest some €80 million ($108 million) in projects to help alleviate hunger.

Development Minister Dirk Niebel met Tuesday with Bill Gates and German business representatives. Niebel's ministry said Germany plans to invest €20 million, with the same amount coming from the Gates Foundation and roughly €40 million from businesses.

The ministry said it couldn't give a specific timeframe for the period over which the investment will be spread, and some projects already are under way.

Projects include a drive to improve rice production in southeast Asia, and to make cashew nut production in west Africa more efficient. Companies involved include Bayer AG's crop science unit and chemical maker BASF SE.

 

Copyright 2013 The Associated Press.

  • Your Money

  • Tuesday, May 21 2013 10:54 PM EDT2013-05-22 02:54:20 GMT
    Do you want to know a little secret? Some of your favorite restaurants and chains offer items that are "not" on the menu.
    Do you want to know a little secret? Some of your favorite restaurants and chains offer items that are "not" on the menu.
  • HommeMystere

    Tuesday, May 21 2013 9:45 PM EDT2013-05-22 01:45:27 GMT
    When it comes to breaking through to the other side, forget Victoria's Secret. Another company, Australia-based HommeMystere, has already done it with lingerie for men.
    When it comes to breaking through to the other side, forget Victoria's Secret. Another company, Australia-based HommeMystere, has already done it with lingerie for men.
  • Tuesday, May 21 2013 5:25 PM EDT2013-05-21 21:25:20 GMT
    Gov. Andrew Cuomo and St. Regis Mohawk tribal leaders have signed an agreement to ensure the Mohawks keep their exclusive casino territory in northern New York while paying the state $30 million in gambling
    Gov. Andrew Cuomo and St. Regis Mohawk tribal leaders have signed an agreement to ensure the Mohawks keep their exclusive casino territory in northern New York while paying the state $30 million in gambling
Powered by WorldNow

KTBC FOX 7
119 East 10th Street
Austin, TX 78701

Phone: (512) 476-7777
Fax: (512) 495-7001

Didn't find what you were looking for?
All content © Copyright 2000 - 2013 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices