27/10/2014
donors step in
What links a middle-income powerhouse growing at 5 per cent a year with a failed state limping in with a $2.6bn economy and a jihadi insurgency? The answer is: a border. Kenya and Somalia are among the two most extreme bedfellows in the Horn of Africa, a region that is home to 240m people in eight countries, the prospect of economic riches, oil exports and #8211; worryingly #8211; four conflicts. That#8217;s one of the reasons five sets of donors, from the European Union to the Islamic Development Bank, have today said they will put $8.1bn towards the region over the next few years.img src=http://feeds.feedburner.com/~r/ft/beyond-brics/~4/eZa2SdwLMJo height=1 width=1/ (© The...
