posted at 01:50
Author Name:
Donors pledge $8 billion for Horn of Africa
The aid, from organisations including the World Bank, African Development Bank, European Union and Islamic Development Bank, will support efforts to boost economies and stem conflict and hunger across the volatile region. "The countries of the Horn of Africa are making important yet unheralded progress in economic growth and political stability," Ban said in a statement. Ban, who begins his Horn of Africa trip in Ethiopia Monday, is due to travel onwards to neighbouring Djibouti and Kenya, leading a delegation from six other international organisations. Alongside Ban is World Bank president Jim Yong Kim, and officials from the African Union, EU, the regional Intergovernmental Authority on Development bloc of nations, as well as the AfDB and IDB. "This new financing represents a major new opportunity for the people of the Horn of Africa to make sure they get access to clean water, nutritious food, health care, education, and jobs," World Bank chief Kim said. "There is greater opportunity now for the Horn of Africa to break free from its cycles of drought, food insecurity, water insecurity, and conflict." While in Nairobi, Ban will also launch a global campaign to end female genital mutilation. This is the third trip that Ban has undertaken with the World Bank and other organisations, following visits to the Sahel and Great Lakes regions last year.

Posts Archive