Donors pledge $8 billion for Horn of Africa

International donors pledged $8 billion in development aid Monday for projects across eight countries in the Horn of Africa, UN chief Ban Ki-moon, pictured earlier, announced at the start of a visit to the regionInternational donors pledged $8 billion in development aid Monday for projects across eight countries in the Horn of Africa, UN chief Ban Ki-moon announced at the start of a visit to the region. The aid, from organisations including the World Bank, African Development Bank (AfDB), European Union and Islamic Development Bank (IDB), will support efforts to boost economies and stem conflict and hunger across the volatile region. Countries targeted are Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, and Uganda. “The countries of the Horn of Africa are making important yet unheralded progress in economic growth and political stability,” Ban said in a statement.

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