Japan has provided food aid in the form of rice to São Tomé and Príncipe estimated to be worth 300 million yen (about US$2.6 million), Japanese ambassador Massaki Sato said on Monday in São Tomé.
The announcement was made at the end of the signing of the new food aid agreement for the 2019 fiscal year, and the document was signed by São Tomé foreign minister, Elsa Pinto and the Japanese ambassador.
The ambassador, after noting that “this food aid aims to contribute to food security in São Tomé and Príncipe,” said he hoped the money from the sale of the rice could be invested in development projects in the country.
The São Tomé minister stated that the funds resulting from the sale of rice will be spent on the development of agriculture and fisheries, which contribute to food self-sufficiency.
Funds raised in recent years have helped fund general and presidential elections in São Tomé and Príncipe, as well as the purchase of equipment for the two largest hospital units in the archipelago.
In addition to food aid, Japan has supported São Tomé and Príncipe in the fisheries and trade sectors, in this case through private sector lending via the United Nations Development Program.