Business A.M
No Result
View All Result
Monday, March 2, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Commodities

First WFP vessel departs Ukraine in boost for fight against global food crisis

by Admin
January 21, 2026
in Commodities

The United Nations World Food Programme (WFP) has announced the departure of the first maritime shipment of Ukrainian wheat grain from the Pivdennyi port, a commercial seaport in the Ukrainian city of Yuzhne, on the Black Sea coast.

First WFP vessel departs Ukraine in boost for fight against global food crisis
The shipment of 23,000 metric tonnes of wheat grain, according to the international humanitarian organisation, is an emergency response to the Horn of Africa where the threat of famine has raised concerns over the sustenance of the people located in the drought-hit region.

The WFP described the region as one of many areas around the world where the near complete halt of Ukrainian grain and food on the global market has made life even harder for families already struggling with rising hunger.

The humanitarian operation is also regarded as another important milestone in efforts to get much-needed Ukrainian grain out of the conflict-hit country, back into global markets, and to countries worst affected by the global food crisis.

The WFP’s wheat shipment in response to the global food crisis was financially supported through a collaboration between the private and government sector including the USAID’s bureau for humanitarian assistance, as well as significant contributions from Howard Buffett, a long-time WFP supporter, and the Australian philanthropic organisation of Andrew and Nicola Forrest.

David Beasley, WFP executive director, in his remarks, said getting the Black Sea Ports open is the single most important thing the organisation can do right now to help the world’s hungry.

“It will take more than grain ships out of Ukraine to stop world hunger, but with Ukrainian grain back on global markets we have a chance to stop this global food crisis from spiraling even further,” Beasley added.

According to the WFP, a record 345 million people in 82 countries are currently facing acute food insecurity while up to 50 million people in 45 countries are right on the edge of famine and risk being tipped over without humanitarian support.

With the resumption of commercial and humanitarian maritime traffic in and out of Ukraine’s Black Sea Port, it is expected that some global supply disruptions will ease with relief for countries facing the worst of the global food crisis. It will also allow Ukraine to empty its grain storage silos ahead of the summer season harvest.

Despite the positive developments in the global markets, the WFP noted that the world is still in danger of an unprecedented food crisis. It stated that immediate action is needed to bring together the humanitarian community, governments, and the private sector to save lives and invest in long-term solutions.

“Failure will see people around the world slip into devastating famines with destabilising impacts felt by us all,” the humanitarian aid organisation warned.

Admin
Admin
Previous Post

Ukraine war to further expand global current account balances, IMF warns

Next Post

Eye on Aba’s industrial, commercial rebirth as Geometric Power berths

Next Post

Eye on Aba’s industrial, commercial rebirth as Geometric Power berths

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

The art of doing nothing: Nigeria & The World

The art of doing nothing: Nigeria & The World

March 2, 2026
Africa’s rising consumer market: A flight path for regional air travel

The case for government’s engagement in business

March 2, 2026
BUA takes Nigeria’s agro-industrial ambition to global stage

BUA takes Nigeria’s agro-industrial ambition to global stage

February 27, 2026
IIF drives transition from gender advocacy to financial market implementation

IIF drives transition from gender advocacy to financial market implementation

February 27, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

The art of doing nothing: Nigeria & The World

The art of doing nothing: Nigeria & The World

March 2, 2026
Africa’s rising consumer market: A flight path for regional air travel

The case for government’s engagement in business

March 2, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M