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Browsing: Horn of Africa
- The Kenyan Government has partnered with ZEP-RE (PTA Reinsurance Company), Kenya Development Corporation (KDC), and the World Bank, to launch the De-Risking, Inclusion, and Value Enhancement of pastoral economies (DRIVE) project.
- Over 250,000 households are expected to benefit from the World Bank-backed project representing 1.6 million pastoralists and their dependents across Kenya, Ethiopia, Somalia, and Djibouti over a five-year period.
- DRIVE project seeks to de-risk pastoral systems through insurance, savings, and financial education while de-risking private sector investments that provide reliable markets to millions of pastoralists including women and youth.
In drought-stricken Kenya, millions of dead livestock tell of lost livelihoods as the worst dry spell in a half-century sweeps across the Horn of Africa. Latest data estimates that over 2.6 heads of livestock—cattle, goats and even camels, erstwhile “ships of the desert”—have died due to lack of water and pasture following failed rains, piling huge pressure on pastoral families …
The Horn of Africa region – Eritirea, Ethiopia, Sudan, Djibouti and Somali – has faced persistent food shortages due to a mix of climatic conditions and conflict in some parts of the region. Over 22 million people face a dire lack of food, a decade after setting the global sustainable development goals (SDGs).
Four consecutive seasons of failed rains in the region and in Northern Kenya has threatened to further exacerbate the food situation in the Horn.
The single known reason why rains are failing in what is supposed to be the world’s most rain rich region is climate change, and that is not a natural disaster, it is man made.
Also Read: The economics of harvesting rain
Weather patterns have changed. Seasons have become unpredictable. The phenomenon explains itself, weather, by definition is the condition of the atmosphere at any given time, but climate is the noted weather patterns …
World Bank Vice President for Africa Hafez Ghanem has assured of the Bretton Woods institution’s support for Kenya’s Big 4 development blueprint which drives the government’s development agenda.
Ghanem has singled out the provision of affordable healthcare as an area that his organization is keen on collaborating with the government to ensure its success.
READ ALSO:Boost for Kenya’s Big 4 as World Bank extends US$250 million
“The World Bank is committed to supporting Kenya in advancing the Big 4 Agenda both in technical and financial cooperation,” Mr Ghanem said.
The World Bank VP was speaking when he paid a courtesy call on President Uhuru Kenyatta at State House, Nairobi.
President Kenyatta praised the collaboration between his administration and the World Bank, saying the partnership has seen implementation of projects that have impacted positively on the lives of Kenyans.
READ:World Bank gives Kenya US$750M loan, but why?
President Kenyatta …