Monsanto Announces $50 Million Commitment To African Agricultural Development At Symposium On Global Agriculture And Food Security

Monsanto Company's MON Chairman, President and CEO Hugh Grant today will announce the company's support of the New Vision for Agriculture Initiative, the Grow Africa Partnership and the G8's New Alliance for Food Security and Nutrition through a $50 million commitment over the next ten years to support sustained Africa agricultural development and growth. The announcement is being made as part of a full-day symposium, Advancing Food and Nutrition Security at the 2012 G8 Summit, hosted by The Chicago Council on Global Affairs, in collaboration with the World Economic Forum. During the event, G8 and African leaders, businesses, international organizations and civil society groups are convening to discuss new activities to advance food and nutrition security and agricultural development in Africa. "I'm delighted to be here taking part in this conversation as I believe public and private sector commitment is necessary and able to support a transformation in African agriculture," Grant said. "As a company committed to improving lives through agriculture, we stand ready to work together with African leaders to turn their ideas into action with the sense of urgency and scale needed to deliver local solutions to meet our global challenges."