The Regional Office of Food for Peace (FFP) supports or directly manages food assistance operations in 14 countries in East and Central Africa. Humanitarian needs - specifically food insecurity - in this region have been rising at an unprecedented rate due to cyclical drought, political insecurity, prolonged conflicts, environmental degradation and disease outbreaks. Currently, the number of people facing crisis- and emergency-levels of food insecurity in the region has nearly doubled from 12 million to 24 million and the number of refugees in the region had risen to 4 million. Vulnerable populations are being driven further into poverty and hunger due to a variety of factors, from drought and floods to record-breaking inflation of over 700%. These disasters include political unrest, ethnic violence, election disputes, security threats and large-scale human displacement that are resulting in humanitarian needs that span borders.
Today, Power Africa announced a new partnership arrangement with the Nile Basin Initiative (NBI) and the Nile Equatorial Lakes Subsidiary Action Program (NELSAP) focused on increasing regional power interconnections and generation among the Nile Equatorial Lakes countries.
I also want to congratulate you on the first Nile Equatorial Lakes Subsidiary Action Program (NELSAP) investment conference that took place here in Nairobi, Kenya, in June of this year. During this conference, US $1.9 billion of priority water and power projects were presented to prospective investors for funding consideration.
Today, the United States Agency for International Development (USAID) and the Common Market for Eastern and Southern Africa (COMESA) launched a five-year Regional Development Objectives Grant Agreement at the 19th COMESA Summit, held this year in Madagascar. Through this agreement, USAID will contribute approximately $77 million to strengthen the collaborative partnership between the two organizations and implement regional trade, investment, and agriculture development programs that contribute to their common goals
The USAID East Africa Trade Hub partners with East African and U.S. businesses to attract investment needed to transform the East African private sector into vibrant global trading partners. Improving the region's trade competitiveness, encouraging the diversification of exports beyond natural resources, and promoting broader, more-inclusive economic growth will lead to more food secure and resilient East African communities.
Last updated: February 21, 2017