Comoros, also known as the Union of Comoros, is a small volcanic archipelago island off the east coast of Africa. The country’s constant political and economic instability has led to an increase in poverty since it gained independence in 1975. As of 2014, roughly 18 percent of Comorians live below the poverty line.
Comoros is considered one of the world’s poorest countries. Over the last seven years, many strides have been made to further development in Comoros. Listed below are five development projects in Comoros that have had a big impact on reducing poverty, increasing employment opportunities and helping create a better economy.
- Family Farming Productivity and Resilience Support Project
This project was approved in May 2017 and is still ongoing. The International Fund for Agriculture Development (IFAD) financed the project, loaning Comoros around $4 million to improve the country’s agricultural productivity and to get farmers in more rural areas the supplies and knowledge they need to grow more and healthier crops. Since Comoros is chiefly an agriculture-based country, this plan will increase employment as well.
- National English Language Education Strategy
Starting in 2014, the Peace Corps has been sending volunteer English teachers to Comoros to teach children English as a second language. The students range from middle school to high school age. As of 2016, approximately 40 English teachers were teaching in Comoros.
- Co-management of Coastal Resources for Sustainable Livelihoods Project (CoReCSuD)
This project was approved in December 2010 and ended in April 2017. The World Bank loaned Comoros roughly $2.7 million to create and implement a coastal management plan. A large part of employment and income in many rural areas in Comoros is fishing. This project increased credit to many fishing villages, decreasing poverty and increasing employment opportunities.
- Social Safety Net Project
This project was approved in March 2015 and is set to close in June 2019. The World Bank loaned Comoros $6 million to increase access to nutrition services and a safety net for impoverished families, especially in rural areas.
- Economic Reform Development Policy Operation
In November 2012, the World Bank gave Comoros a $5 million grant to strengthen the economy. The operation ended in December 2013. The operation’s goal was to strengthen the economy’s transparency and accountability.
Through these five development projects in Comoros, the economy has slowly started improving. Comoros has borrowed or been granted more than $17 million since 2010 from different organizations to fund these improvement projects. The GDP growth has increased to a little more than two percent from one percent in 2015.
Beyond these five development projects in Comoros, the nation’s government still has more room to grow. The unemployment rate is still high, around 19 percent. However, progress is slowly but surely being made, and these projects have left a lot of room for Comoros to move forward.
– Courtney Wallace