ADB

Malawi: African Development Bank extends grants of $9.25 million for rollout of Climate Disaster Risk Financing

0


The Board of Directors of the African Development Bank has approved two grants of $9.25 million to implement the Africa Disaster Risk Financing Programme (ADRiFi) in Malawi. The move will boost the country’s resilience against climate-related shocks and food insecurity.
The funding will support the government of Malawi to develop climate risk management solutions and pay its sovereign risk premium for the transfer of drought risks under the Africa Disaster Risk Financing Programme.

Source

Nigeria plans blockchain-enabled exchange platform next year

Previous article

WHO ramps up support for Ondo State Government, following attack on community.

Next article

You may also like

Comments

Comments are closed.

More in ADB