IFAD substantially strengthens its investments in Somalia to help small-scale producers cope with climate shocks and food insecurity
As Somalia continues to experience a historic drought, pushing millions of Somalians into acute food insecurity, Alvaro Lario, President IFAD announced today during IFAD’s 46th session of the Governing Council that it will substantially strengthen its support to Somalia and resume its direct investments after loan arrears resulted in a three-decade long suspension.