New IFAD President elected
Enlarge image (© IFAD)
- Rome, 14 - 15 February 2017 - Togolese Prime Minister Gilbert Fossoun Houngbo was elected president of the UN International Fund for Agricultural Development (IFAD) by the Governing Council..
His election comes at a time when many developing countries in sub-Saharan Africa, Kenya included, are experiencing food shortage due to climate change effects.
Speaking after the election, Mr Houngbo pledged to ensure more agricultural projects are funded across the world to eradicate poverty.
- “I have come from the rural world. I have first-hand knowledge of the harshness of this kind of life,”
said Houngbo, who was appointed by IFAD’s member states at the organization’s annual Governing Council meeting.
Houngbo is expected to assume office on April 1 after the second term of the incumbent President of IFAD Kanayo Nwanze ends.