MAURITANIA – The Islamic Republic of Mauritania has received a US$2.1 million grant from the African Development Bank to boost the country’s resilience against climate related shocks and food insecurity. AfDB in a statement revealed the funds were sourced from the African Development Fund and that it was extending the funding under its Africa Disaster Risk Financing (ADRiFi) program. ADRIFI in addition to providing African countries assistance in paying risk premiums, enhances the management of natural disaster risk by strengthening national capacities. Other countries in Africa that have implemented ADRiFi…
Read MoreMauritania receives US$2.1m grant from AfDB to bolster resilience against climate related shocks
