HoAI to Accelerate Regional Integration and Economic Development in 5 Member States
The Finance Ministers of the five countries of the Horn of Africa (Djibouti, Ethiopia, Kenya, Eritrea, and Somalia), met on October 8, 2019, in Washington, DC to discuss the common issues that hinder economic growth and development in the regions. The meeting concluded with the issuance of a communique that underscored the importance of cooperation […]
World Bank Approves First Horn of Africa Initiative Project in Kenya
The World Bank’s board of directors approved on Wednesday, September 8, 2020 the first project that will benefit Kenya under the new Horn of Africa Initiative (HoAI) Program. The $750 million funding under the International Development Association financing will be implemented within six years and will benefit over 3.2 million people in the Northeastern region. […]
