
Mauritania: African Development Bank extends $2.1 million for Disaster Risk Financing
The Bank is extending the funding under its Africa Disaster Risk Financing (ADRIFI) program to enable the country to take out a drought risk index-based insurance policy The African Development Bank’s (www.AfDB.org) Board on Wednesday approved a grant of $2.1 million to boost the country’s resilience against climate-related shocks and food insecurity. The funds, sourced…