WORLD BANK / HORN OF AFRICA FUNDING

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Leaders of global and regional institutions are in the Horn of Africa to pledge political support and major new financial assistance for countries in the region, totalling more than (USD) 8 billion over the coming years. WORLD BANK
Description

STORY: WORLD BANK / HORN OF AFRICA FUNDING
TRT: 2.23
SOURCE: WORLD BANK / FILE
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 27 OCTOBER 2014, WASHINGTON DC / FILE

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Shotlist

FILE– AMISOM - 6 OCTOBER, 2014, BARAWE, SOMALIA

1. Wide shot, soldier on hill looking into Barawe, Somalia
2. Med shot, soldier on hill overlooking Barawe, Somalia
3. Wide shot, view of Barawe, Somalia

FILE– AMISOM - 4 SEPTEMBER 2014, TIYEEGLOW, SOMALIA

4. Med shot, residents

RECENT – WORLDBANK 22 OCTOBER, 2014, WASHINGTON, DC

5. SOUNDIBTE (English) Jim Yong Kim, President of the World Bank Group:
“We’re in the Horn of Africa because the Secretary-General of the United Nations Ban Ki-moon and I share a belief that peace and development have to go together. What we understand is that when societies are peaceful, they can grow; but also we know that only when there are jobs, when there is social protection, when there is health care, when there is a good education, can you really have hopes for a long and sustained peace.”

FILE– WORLD BANK - 27 JANUARY, 2012, MACHAKOS, KENYA

6. Wide shot, students studying in a classroom
7. Med shot, students studying in a classroom

FILE – WORLD BANK - MAY 2012, ADDIS ABABA, ETHIOPIA

8. Wide shots, young children singing in the school courtyard
9. Close shot, young children singing in the school courtyard
10. Wide shots, young children singing in the school courtyard

RECENT – WORLD BANK 22 OCTOBER, 2014, WASHINGTON, DC

11. SOUNDIBTE (English) Jim Yong Kim, President of the World Bank Group:
“So we’re here, once again, to stress the message that we’re going to work together – one organization that’s very much focused on political stability and peace, another that’s been focused on development. Bringing these two together, we think, is going to have a much greater impact and can support these countries to achieve the goals that they know that they can achieve, but have had some difficulty because of political instability and lack of development.”

FILE– WORLD BANK - MAY 2014, ADDIS ABABA, ETHIOPIA

12. Wide shot, pan left construction site
13. Tilt up, wide shot, men working on a construction site
14. Wide shot, construction site
15. Med shot, construction site

RECENT – WORLDBANK 22 OCTOBER, 2014, WASHINGTON, DC

16. SOUNDBITE (English) Jim Yong Kim, President of the World Bank Group:
“This money will support economic growth; will support the countries’ ability to invest in their people through health, education and social protection programs. And, very specifically, we’re going to try to help boost business activity and encourage investment so that the jobs can be created for the young people, which are so desperately needed.”

FILE– WORLD BANK - DECEMBER 2013, DUKOM, ETHIOPIA

17. Wide shot, young factory workers
18. Med shot, two young women working in a factory

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Storyline

Leaders of global and regional institutions today (27 Oct) begin an historic trip to the Horn of Africa to pledge political support and major new financial assistance for countries in the region, totaling more than $8 billion over the coming years.

UN Secretary-General Ban Ki-moon, the World Bank Group (WBG) President, Jim Yong Kim, as well as the President of the Islamic Development Bank Group and high level representatives of the African Union Commission, the European Union, the African Development Bank, and Intergovernmental Agency for Development (IGAD) are combining forces to promote stability and development in the Horn of Africa.

On the first day of the joint trip, the World Bank Group announced a major new financial pledge of $1.8 billion for cross-border activities in a Horn of Africa Initiative that will boost economic growth and opportunity, reduce poverty, and spur business activity.

In an interview, World Bank President Jim Yong Kim said “this money will support economic growth; will support the countries’ ability to invest in their people through health, education and social protection programs. And, very specifically, we’re going to try to help boost business activity and encourage investment so that the jobs can be created for the young people, which are so desperately needed.”

The initiative covers the eight countries in the Horn of Africa -- Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, and Uganda.

The Horn is diverse, with some of the fastest growing economies and huge untapped natural resources. However, it also has many extraordinarily poor people and populations that are now doubling every 23 years. Unemployment is widespread among growing numbers of young people. Women, in particular, face huge obstacles because of their gender, including limited land rights, limited education, and social customs that often thwart their ability to pursue economic opportunity, and improve living conditions for their families and communities.

Countries in the region are also vulnerable to corruption, piracy, arms and drug trafficking. Terrorism, and related money flows are significant and interconnected threats in the Horn of Africa. People-trafficking is also a growing problem in the region. However, there are commendable efforts being made through regional cooperation in parts of the Horn to tackle the root causes of these problems.

The new financing announcement will support those efforts and comes on the first day of the trip led by UN Secretary-General Ban Ki-moon, to discuss peace, security, and resilience.

The World Bank Group said its new $1.8 billion packaging, which is in addition to its existing development programs for the eight countries, would create more economic opportunity throughout the region for some of the most vulnerable peoples, including refugees and internally displaced populations and their host communities.

Wars and instability have generated more than 2.7 million refugees along with over 6 million internally displaced people. The Bank Group will also help the region build up its communicable disease surveillance, diagnosis, and treatment capacity.

Many of these diseases are associated with or exacerbated by poverty, displacement, malnutrition, illiteracy, and poor sanitation and housing. Increased cross-border trade and economic activity in the Horn of Africa will necessitate simultaneous investments in strengthening disease control efforts and outbreak preparedness.

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WORLD BANK
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1220432