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Tag Archives: African Development Bank (AfDB)

DevelopmentNationalNews

Chakwera Bolsters Climate Resilience with AfDB-Backed Drought Insurance Payouts

  MZUZU: Malawi's President, Dr. Lazarus McCarthy Chakwera, has applauded the African Development Bank (AfDB) for its unwavering support in mitigating the effects of El Niño and other natural disasters affecting the country. This comes as the AfDB, through the African Risk Capacity (ARC) Group, presented $11.2 million and $400,000 in drought insurance payouts to the Malawi government and the...