Investing in rural people in Somalia

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Investing in rural people in Somalia

Somalia’s poverty and food security situation remains critical after years of conflict and natural disasters. Since the 1980s, IFAD has supported nine programmes in the country for a total of US$140 million.
There is currently no country strategic opportunities programme for Somalia.

However, the strategic objectives of IFAD interventions in Somalia can be summarized as follows:
• Increase incomes and food security by supporting agriculture and related activities, improving access to water, sanitation and health care, strengthening the natural resource base and building rural financial services;
• Identify and promote pro-poor investment mechanisms in rural areas for dissemination, replication and scaling up; and
• Build the capacity of the diaspora and promote the transformation of people in the diaspora into agents of development through remittances – the portion of their earnings that migrants outside the country send home.

Topics

Rural finance

Countries

Somalia

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