Public Management

HoA: FAO needs US$172 mln to avert a fast-approaching humanitarian disaster

HoA: FAO needs US$172 mln to avert a fast-approaching humanitarian disaster
Tuesday, 28 June 2022 18:53

Over the past four years, the Horn of Africa has been confronted with severe drought, with disastrous consequences on food security. According to the United Nations, at least 16.7 million people are food insecure in the region.  

The Food and Agriculture Organization of the United Nations (FAO) needs 172 million dollars to help the Horn of Africa address the fast-approaching humanitarian disaster. The information was disclosed in a release published, Monday (June 27), by the UN Agency. 

According to the FAO, as the disaster is approaching fast, a revised rapid response and mitigation plan has been launched. It is focused mainly on four countries considered drought epicenters in the region. They are namely Djibouti, Ethiopia, Kenya, and Somalia. The plan aims to prevent “deterioration in food security conditions in the region, saving the livelihoods and therefore the lives of almost five million rural people across the four countries” by December 2022. 

In a previous appeal, the FAO indicated that US$219 million was needed to address the crisis. Up to the release publication time, it was able to raise US$47 million. The funds raised can help provide life-saving assistance to 700,000 people, but, there is still a US$172 million funding gap to support millions of people.  

Business as usual is no longer an option. It’s time to properly invest in more efficient and forward-looking assistance. This must be linked to long-term development assistance,” said Rein Paulsen, Director of the FAO Office of Emergencies and Resilience.

In Ethiopia, Kenya, and Somalia, 16.7 million people are indirectly threatened by the food crisis or acute food insecurity levels due to drought. In Somalia, nearly half of the population (7.1 million people) is at risk of crisis-level food insecurity or worse by September 2022; 2.1 million people in the country are already in an emergency and another 213,000 are in a disaster situation. 

Let’s note that earlier this month the World Food Programme (WFP) announced a US$385 million program to strengthen groundwater development in at least three of the four countries targeted by the FAO revised mitigation program. On Monday, June 13, the U.S. Agency for International Development (USAID) also announced a US$105 million package to help the region address the impacts of drought. 

Jean-Marc Gogbeu

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Telecom operator launches KES40 billion medium-term bond program First KES15 billion tranche offered at a fixed 10.40% rate for five...
16 of Nigeria’s 36 banks have met new capital requirements by Nov. 2025 Recapitalization aims to boost sector strength before March 2026...
Yvon Sana Bangui elected president of the Association of African Central Banks One-year term includes steering governors’ meetings and advancing...
Access Holdings to seek shareholder approval for ₦40B private placement on Dec 18 Deal aims to boost capital base amid new CBN recapitalization rules...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
03

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
04

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
05

Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing...

Senegal, West African Development Bank Create Fund to Monetize Public Assets
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.