Global Leaders Pledge $8B To Spur Development In Horn Of Africa
News outlets report on new commitments to help spur development in the Horn of Africa.
U.N. News Centre: U.N.’s Ban, global leaders join forces in multi-billion dollar Horn of Africa pledge
“Spearheading a high-level delegation of global and regional leaders in a visit to the Horn of Africa, United Nations Secretary-General Ban Ki-moon [Monday] announced a new $8 billion development initiative aimed at boosting economic growth, reducing poverty, and spurring business activity across the African region’s eight countries…” (10/27).
Wall Street Journal: Aid Pledged For Horn of Africa by International Development Lenders
“…The construction and improvement of oil pipelines, transport links, and health and education facilities are among the projects to be funded by the African Development Bank, the Islamic Development Bank, and the European Union, as well as the World Bank, the lenders said…” (Bariyo, 10/27).