The initial US$788.10 million phase of the program will target Ethiopia and Madagascar, two countries hit hard by drought.
The World Bank announced Tuesday (June 21), a US$2.3 billion program to help Eastern and Southern African countries fight food insecurity.
According to the multilateral financial institution, by next month, 66.4 million people will experience food stress, crisis, emergency, or famine in the two beneficiary regions. “Food system shocks brought on by extreme weather, pest and disease outbreaks, political and market instability, and conflict are becoming more frequent and severe, putting more people at risk of food insecurity. The war in Ukraine is further exacerbating these effects by disrupting the global food, fuel, and fertilizer markets,” it explains.
The project will be implemented in phases, we learn. The first phase will target Ethiopia, where an estimated 22.7 million people are food insecure due to severe drought, and Madagascar, where 7.8 million people are also in need of food assistance due to drought in the south. With total funding estimated at US$788.10 million, the program's initial phase is expected to benefit 2.3 million people.
Other countries will benefit from subsequent phases of the program, which will also strengthen inter-institutional food crisis response strategies, including strengthening early warning systems and rapid response planning, emergency producer support, emergency trade measures, and emergency food reserves building.
The project “ is the first regional and multi-sectoral operation focusing on reducing the number of food-insecure people in Eastern and Southern Africa by increasing the resilience of food systems and preparedness to combat rising food insecurity. It supplements a similar program that the Bank approved recently for Western and Central Africa,” said Hafez Ghanem (photo), World Bank Vice President for Eastern and Southern Africa.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...
Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...
World Bank assesses progress on PACTDIGITAL and WURI programs Midterm review highlights coverage of 750 digital white zones 2026 roadmap focuses on...
Start-up of the Bargny-Sendou port is now scheduled for late 2026 The project aims to handle minerals, hydrocarbons, and agricultural cargo Annual...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 11% of global hydrocarbon discoveries since...
City plans municipal rules to tax short-term rentals at hotel-level rates Properties mainly used for short stays would face a 135% tax increase Cape...
The Pan African Film & Arts Festival (PAFF) will run from February 7 to 22, 2026, in Los Angeles, positioning itself as a major soft power platform for...
More than 100 Senegalese artists publicly urged President Bassirou Diomaye Faye to impose sanctions on Israel over the Gaza conflict. The artists...