0
Posted September 17, 2013 by DJ Enuff in News
 
 

Donors Pledge $2.7 Billion in ‘New Deal’ for Somalia [Photo]

Capture

Delegates from 50 countries across Africa, Europe and the Persian Gulf came together in Brussels on Monday to sign a ‘New Deal Compact’ worth $2.7 billion to help rebuild Somalia, after two decades of civil war and lawlessness. Somali President Hassan Skeikh Mohamud, the country’s first government to receive official U.S. recognition since 1991, welcomed the engagement pinpointing 4 priority areas needing change: security, legal reform, public finances and economic recovery.

The $2.7 billion aid includes $870 million from the European Union, which funds a large majority of the African Union Mission in Somalia, known as AMISOM, comprising some 17,000 troops that battle al-Shabab Islamist militants, a group linked to al-Qaida, alongside Somalia’s government troops. In recent weeks, the terrorist group increased their attacks, killing 18 people in a twin bombing in Mogadishu earlier this month.