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African Development Bank Grants $34.8 Mln to Help Malawi and Zimbabwe Prepare for Climate Disasters
These funds will be used to improve climate risk management, enhance early warning systems, and support the adoption of crop insurance to protect farmers from the effects of drought and other risks.
Under the Bank Group’s Africa Disaster Risk Financing (ADRiFi) initiative, the Mitigating Fragility through the Africa Disaster Risk Financing Programme in Southern Africa Project will bolster institutional capacity for climate risk preparedness and management.
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