RIO DE JANEIRO: US President Joe Biden announced a “historic” $4 billion pledge for a World Bank fund that helps the world’s poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
The outgoing leader unveiled the money for the International Development Association as he attends the G20 summit underway in Rio de Janeiro, his last time at the gathering of world leaders.
“The president announced today that the United States intends to pledge $4 billion over three years... which is really exciting,” a senior US administration official told reporters on condition of anonymity.
The official said the pledge would not be binding on Trump’s incoming administration but said previous Republican governments had also backed top-ups for the fund.
US Deputy National Security Adviser Jon Finer earlier called the pledge “historic” and said Biden would “rally other leaders to step up their contributions.”
The International Development Association is the concessional lending arm of the World Bank and is used for some of the poorest countries in the globe, including for projects focused on climate.
During a six-day tour of South America, Biden has been trying to shore up his international legacy ahead of President-elect Trump’s return to the White House on January 20.
On Sunday he visited the Amazon rainforest in Brazil to promote his record on climate change, saying that the United States had hit its target of increasing bilateral climate financing to $11 billion a year.
Billionaire Trump has pledged to take a wrecking ball to many of Biden’s policies and has appointed tech tycoon Elon Musk as head of a commission to target what he calls federal government waste.
Biden in ‘historic’ pledge for poor nations ahead of Trump return
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Biden in ‘historic’ pledge for poor nations ahead of Trump return
- The outgoing leader unveiled the money for the International Development Association as he attends the G20 summit underway in Rio de Janeiro, his last time at the gathering of world leaders
Al-Shabab extremists are greatest threat to peace in Somalia and the region, UN experts say
- The UN Security Council on Tuesday voted unanimously to extend authorization for the African Union’s “support and stabilization” force in Somalia until Dec. 31, 2026
UNITED NATIONS: The Al-Shabab extremist group remains the greatest immediate threat to peace and stability in Somalia and the region, especially Kenya, UN experts said in a report released Wednesday.
Despite ongoing efforts by Somali and international forces to curb operations by Al-Qaeda-linked Al-Shabab, “the group’s ability to carry out complex, asymmetric attacks in Somalia remains undiminished,” the experts said.
They said the threat comes not only from Al-Shabab’s ability to strike — including within the capital, Mogadishu, where it attempted to assassinate the president on March 18 — but from its sophisticated extortion operations, forced recruitment and effective propaganda machine.
The UN Security Council on Tuesday voted unanimously to extend authorization for the African Union’s “support and stabilization” force in Somalia until Dec. 31, 2026. The force includes 11,826 uniformed personnel, including 680 police.
The extremist group poses a significant threat to neighboring Kenya “by conducting attacks that vary from attacks with improvised explosive devices, which predominantly target security personnel, to attacks on infrastructure, kidnappings, home raids and stealing of livestock,” the experts said.
This year, Al-Shabab averaged around six attacks a month in Kenya, mostly in Mandera and Lamu counties, which border Somalia in the northeast, the panel said.
The experts said Al-Shabab’s goal remains to remove Somalia’s government, “rid the country of foreign forces and establish a Greater Somalia, joining all ethnic Somalis across east Africa under strict Islamic rule.”
The panel of experts also investigated the Islamic State’s operations in Somalia and reported that fighters were recruited from around the world to join the extremist group, the majority from east Africa. At the end of 2024, they said the group known as ISIL-Somalia had a fighting force of over 1,000, at least 60 percent of them foreign fighters.
“Although small in terms of numbers and financial resources compared with Al-Shabab, the group’s expansion constituted a significant threat to peace and security in Somalia and the broader region,” the panel said.










