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12m Need Food in Somalia, Kenya, Ethiopia

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By Dipo Olowookere

Countries in the Horn of Africa are likely to see a rise in hunger and further decline of local livelihoods in the coming months, as farming families struggle with the knock-on effects of multiple droughts that hit the region this year, FAO warned today.

Growing numbers of refugees in East Africa, meanwhile, are expected to place even more burden on already strained food and nutrition security.

Currently, close to 12 million people across Ethiopia, Kenya and Somalia are in need of food assistance, as families in the region face limited access to food and income, together with rising debt, low cereal and seed stocks, and low milk and meat production. Terms of trade are particularly bad for livestock farmers, as food prices are increasing at the same time that market prices for livestock are low.

Farmers in the region need urgent support to recover from consecutive lost harvests and to keep their breeding livestock healthy and productive at a time that pastures are the driest in years. Production outputs in the three countries are grim.

Rapid intervention

“We’re dealing with a cyclical phenomenon in the Horn of Africa,” said Dominique Burgeon, Director of FAO’s Emergency and Rehabilitation Division. “But we also know from experience that timely support to farming families can significantly boost their ability to withstand the impacts of these droughts and soften the blow to their livelihoods,” he stressed.

For this reason, FAO has already begun disbursing emergency funds for rapid interventions in Kenya and Somalia.

The funds will support emergency feed and vaccinations for breeding and weak animals, repairs of water points, and seeds and tools to plant in the spring season. FAO is also working with local officials to bolster countries’ emergency preparedness across the region.

“Especially in those areas where we know natural hazards are recurring, working with the Government to further build-up their ability to mitigate future shocks is a smart intervention that can significantly reduce the need for humanitarian and food aid further down the line,” Burgeon said.

Kenya is highly likely to see another drought in early 2017, and with it a rise in food insecurity. Current estimates show some 1.3 million people are food insecure.

Based on the latest predictions, the impacts of the current drought in the southern part of the country will lessen by mid-2017, but counties in the North – in particular Turkana, Marsabit, Wajir and Mandera – will steadily get worse.

Families in these areas are heavily dependent on livestock. Now, with their livelihoods already stressed – the last reliable rain they received was in December 2015- they will get little relief from the October-December short rains, which typically mark a recovery period but once again fell short this season.

In the affected counties, the terms of trade have become increasingly unfavourable for livestock keepers, as prices of staple foods are rising, while a flood of weakened sheep, goats and cows onto local markets has brought down livestock prices.

To ensure livestock markets remain functional throughout the dry season in 2017, FAO, is training local officials in better managing livestock markets — in addition to providing feed, water and veterinary support.

After two poor rainy seasons this year, Somalia is in a countrywide state of drought emergency, ranging from moderate to extreme. As a result, the Gu cereal harvest – from April to June – was 50 percent below average, and prospects for the October-December Deyr season are very grim.

To make matters worse, the country’s driest season – the Jilaal that begins in January- is expected to be even harsher than usual, which means Somali famers are unlikely to get a break anytime soon.

All indications are that crop farmers are already facing a second consecutive season with poor harvest. Pastoralists, meanwhile, are struggling to provide food for both their families and livestock, as pasture and water for grazing their animals are becoming poorer and scarcer by the day – in the south, pasture availability is the lowest it has been in the past five years.

Some five million Somalis are food insecure through December 2016. This includes 1.1 million people in Crisis and Emergency conditions of food insecurity (Phases 3 and 4 on the five-tier IPC scale used by humanitarian agencies). This is a 20 percent increase in just six months.

The latest analysis forecasts that the number of people in Crisis and Emergency conditions of food insecurity may further rise by more than a quarter of a million people between February and May 2017. Similar conditions in 2011 have resulted in famine and loss of lives, and therefore early action is urgently needed to avoid a repeat.

FAO calls on resource partners to urgently scale up assistance in rural areas, in the form of cash relief, emergency livestock support and agricultural inputs to plant in the April Gu season.

If farmers cannot plant during Gu – which traditionally produces 60 percent of the country’s annual cereal output — they will be left without another major harvest until 2018.

Farming families in Ethiopia, meanwhile, are extremely vulnerable as they have not been able to recover from the 2015 El Nino-induced drought. Some 5.6 million people remain food insecure, while millions more depend on livestock herds that need to be protected and treated to improve milk and meat production. Here, too, better access to feed and water is critical.

The crop situation is relatively stable after the country completed the most widespread emergency seed distribution in Ethiopia’s history. FAO and more than 25 NGOs and agencies reached 1.5 million households with drought-resistant seeds.

As a result of enabling farming families to grow their own food, the government and humanitarian community saved close to $1 billion in emergency aid, underlining that investing in farmers is not only the right thing to do but also the most cost-efficient.

FAO’s Early Warning early action work

Somalia and Kenya are among the first countries benefiting from FAO’s new Early Warning Early Action Fund (EWEA). The fund ensures quick activation of emergency plans when there is a high likelihood of a disaster that would affect agriculture and people’s food and nutrition security.

The fund will be part of a larger Early Warning Early Action System that tracks climate data and earth imaging to determine what areas are at risk of an imminent shock and will benefit from early intervention.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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NECA’s Annual Retreat for Business Managers, Executives Holds April 16

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NECA Adewale Smatt-Oyerinde

By Aduragbemi Omiyale

The annual retreat for business managers and executives organised by the Nigeria Employers’ Consultative Association (NECA) will take place from April 16 to 18, 2026, at the AAE & T Hotel, Kuto, Abeokuta, Ogun State.

This year’s edition is themed The Resilient Enterprise, People and Systems: Building and Managing Businesses that Outlive Seasons, Cycles and Crises.

The programme aims to equip leaders with the insights, tools, and networks required to build resilient organisations in an increasingly complex business environment.

It will provide a unique platform for executive-level engagement through high-level conversations, peer learning sessions with experienced leaders, strategy reflection workshops, and curated networking opportunities.

Expected to attend are industry leaders, senior executives, and business managers from across sectors. They will explore strategies for sustaining organisational performance through leadership transitions, economic cycles, regulatory shifts, and market disruptions.

Participants will also benefit from interactive discussions focused on strengthening corporate governance, developing agile leadership capabilities, and building organisational systems that can withstand periods of uncertainty and transformation.

A notice from NECA said the event is open to both members and non-members, with participation fees set at N300,000 for members and N320,000 for non-members. Discounts will also be available for Gold and Silver members, subject to applicable terms and conditions.

Interested participants are encouraged to register via the official registration link to secure their place at the retreat, which promises to deliver valuable insights and connections for executives seeking to build enterprises capable of thriving through seasons of change and uncertainty.

The Director-General of NECA, Mr Adewale Smatt-Oyerinde, noted that by convening business managers and senior executives in a collaborative learning environment, the association aims to contribute to the development of stronger, future-ready enterprises that can drive economic growth, create jobs, and support national development even in the face of evolving global and local challenges.

He added that the retreat will provide executives with the opportunity to step away from daily operational demands and engage in deeper strategic conversations with peers and industry experts.

“The theme of this year’s retreat speaks directly to the realities businesses face today. Across sectors, organisations are navigating leadership transitions, regulatory shifts, economic pressures, and technological disruption.

“What distinguishes enduring enterprises is their ability to build strong systems, develop capable leaders, and create organisational cultures that can adapt and respond effectively to change,” the NECA chief said.

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Egbin Power Commissions 80 New Staff Housing Units

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Egbin Power 80 New Staff Housing Units

By Modupe Gbadeyanka

In further demonstration of its unwavering commitment to its workforce, Nigeria’s foremost power generation company, Egbin Power Plc, has unveiled 80 new residential housing units for employees within its plant premises in Egbin, Lagos State.

This comprises 40 fully furnished three-bedroom apartments and 40 furnished studio apartments, all designed to contemporary standards.

The units feature modern infrastructure and thoughtfully planned utilities, creating a safe, comfortable, and conducive living environment that supports both employee productivity and family well-being.

This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence.

The new housing units are part of a holistic strategy to cultivate a stable, motivated, and future-ready workforce.

This strategy extends beyond infrastructure to encompass robust career development and recognition. Over the past three years, Egbin Power has promoted 112 employees across various cadres, reinforcing a culture that rewards merit, performance, and long-term dedication

“At Egbin Power, our people are our most valuable asset. Even amidst the prevailing liquidity and operational realities within the broader power sector, our focus on employee welfare has remained deliberate and consistent.

“This significant expansion of our residential estate is a tangible expression of that commitment.

“It is one of several key initiatives aimed at ensuring our employees feel genuinely supported, allowing them to thrive both personally and professionally,” the chief executive of Egbin Power, Mr Mokhtar Bounour, said.

Initiated in 2025 and completed in January 2026, this project is the latest milestone in Egbin Power’s structured and ongoing approach to enhancing employee welfare. It reflects the energy firm’s dedication to fostering a culture where every team member feels valued, secure, and motivated.

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NGX Group, CSCS, WIMBIZ to Ring Bell for Gender Equality

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Ring Bell for Gender Equality

By Aduragbemi Omiyale

On Tuesday, March 10, 2026, at the Nigerian Exchange Group House in Lagos, the role of capital markets in promoting gender equality will be reemphasised through the closing gong ceremony in commemoration of International Women’s Day 2026.

The ceremony is part of the global Ring the Bell for Gender Equality campaign, which mobilises stock exchanges worldwide to expand women’s participation in the economy and advance gender-inclusive practices.

In Nigeria, the NGX Group is partnering with the Central Securities Clearing System (CSCS) Plc and Women in Management, Business and Public Service (WIMBIZ) to make it memorable under the theme Rights. Justice. Action. For ALL Women and Girls.

Dignitaries expected at the ceremony include the Minister of State for Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu; the First Lady of Imo State, Mrs Chioma Uzodimma; the Executive Commissioner for Legal and Enforcement at the Securities and Exchange Commission (SEC), Ms Frana Chukwuogor; foremost actor, Ms Funke Akindele; a Director at the NGX Group, Ms Ojinnika Olaghere; and another staffer of NGX Group, Mrs Fatima Wali-Abdulrahman, alongside board members of NGX Group, regulators, capital market stakeholders, and industry leaders.

NGX Group is joining other exchanges worldwide in sounding the NGX Gong to underscore the importance of inclusive leadership, equal opportunities, and stronger market accountability in advancing gender equality.

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