HoAI Chair Report – 2020
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HoAI Countries Commit to Redoubling Efforts on Regional Integration to Support Recovery from the Pandemic and Economic Crisis
We, the Finance Ministers of Djibouti, Ethiopia, Kenya, and Somalia, met virtually on October 28th, 2020, during the World Bank Group/IMF Annual Meetings to take forward our efforts to foster regional integration under the Horn of Africa Initiative. We would like to acknowledge the support and commitment of our development partners — the African Development […]
Technical Assistance to Support HoAI
This project provides the HoAI Chair with technical assistance to support the coordination and implementation of the Horn of Africa Initiative (HoAI), including the logistics and organization of technical and high-level meetings. The project also supports outreach efforts within the region and the wider international community, as well as support to strengthen external communications. The […]
Horn of Africa Infrastructure Connectivity and Regional Economic Integration
This project supports coordination, studies and provides technical assistance with a focus on improving regional infrastructure connectivity, the first of four priority areas identified by Horn of Africa nations. The project can support other areas of focus as well. The objective of the project is to facilitate the overall coordination and implementation of the HoAI, […]
Regional Economic Integration in the Horn of Africa Through Development of the Djibouti Corridor
The Djibouti Corridor is a strategic economic portal that gives landlocked Ethiopia access to the country’s ports. The upgrades on the corridors will strengthen the two countries’ positions in the global trade market via its seaports. This is a pilot project designed to support the initiative’s second focus area, boosting trade and economic integration in […]
European Union to Fund Groundwork for Horn of Africa Initiative Project Implementation
The European Union adopted significant financing decisions on September 16 in support of the Pillars 1 and 2 project implementation. The infrastructure connectivity and regional economic integration are breakthrough projects under the Horn of Africa Initiative Program designed to improve the economic corridors serving the five member-states of the Horn. The funding will support the […]
Kenya: promouvoir l’intégration régionale et le développement national dans le cadre de l’Initiative pour la Corne de l’Afrique
WASHINGTON, September 8, 2020 — The World Bank Board of Executive Directors today approved $750 million in International Development Association (IDA) financing* to improve the movement of people and goods, digital connectivity and access to social services for the benefit of more than 3.2 million inhabitants around the regional trunk road between Isiolo and Mandera, […]
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. […]
Countries Resolve to Pursue Regional Cooperation
We, the Finance Ministers of Djibouti, Ethiopia, Kenya and Somalia, together with representatives of our three Development Partners (African Development Bank, European Union, and World Bank) and the Executive Secretary of IGAD met on Tuesday 26 May 2020 to take stock of the ongoing crisis and recovery efforts in the Horn of Africa region. Ministers […]
