World Bank boosts aid for Horn of Africa famine
Last Updated: Sunday, September 25, 2011 - 00:30
Washington: The World Bank on Saturday said it would nearly quadruple its aid for the drought and famine-struck Horn of Africa to USD 1.9 billion, saying more than 13 million people require immediate assistance.
The bank upped its aid for the region from the USD 500 million announced in July, noting there is still a USD 1 billion gap in the funding that is needed from the international community to help the region.
Countries in the Horn region -- mainly Somalia, Djibouti, Ethiopia and Kenya -- "are facing one of the worst droughts in more than half a century, causing mounting malnutrition, food insecurity, and displacement of people," the World Bank said in a statement.
First Published: Sunday, September 25, 2011 - 00:30