Year: 2025
Type: article
Abstract: Madagascar, has been allocated $9.4m for investment in conserving biodiversity by protecting Lokobe, Nozy Hara, and Andringitra national parks.The project will restore 100% of these protected areas, sequestering 10m tonnes of CO2, and creating 1,500 green jobs In addition to environmental conservation, it will boost agricultural production in surrounding communities to add 24,000 tonnes of rice and 14,000 tonnes of cereals, legumes and other crops.Further, 24,000 farmers will receive irrigation training.(afdb.org10/2) Food Aid to Nigeria: In the wake of the devastating floods that hit Borno State in September 2024, the AfDB has contributed $1m from its Special Relief Fund to provide emergency food assistance to flood-affected communities in northeastern Nigeria (see p.25056B).The support is critical, as humanitarian funding shortages coincide with rising food insecurity exacerbated by conflict, floods, and increasing poverty rates.The United Nations World Food Programme (WFP) will manage the distribution on behalf of the central government, reaching 120,000 people with essential food aid.Each household will receive 35kg of staple foods.
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4409211451