Public Management

Mali gets $31 mln World Bank loan for climate resilience project

Mali gets $31 mln World Bank loan for climate resilience project
Thursday, 18 July 2019 14:57

The ‘Strengthening Climate Resilience in Mali’ Project has just received another support from the World Bank. This time, the institution approved a total of $248.25 million of which $31 million will be directed to the program to improve hydrological and meteorological (Hydromet) services in the country.

This World Bank-supported program is also being implemented in other countries such as Congo, Niger and Burkina Faso. It is expected to strengthen climate resilience by improving countries’ capacity to provide hydro-meteorological information to their populations.

Overall, the scheme will receive up to $900 million jointly provided by the World Bank and its partners including the World Meteorological Organization (WMO), the African Development Bank (AfDB), the French Development Agency (AFD), the United Nations Development Program (UNDP) and the World Food Program (FAO).

Hydrometeorology provides real-time information on meteorological, hydrological and weather conditions. It also provides forecasts that enable people to anticipate and prepare for natural disasters.

Gwladys Johnson Akinocho

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
SIB net profit rose to 56 billion CFA francs in 2025 Lower risk costs and higher income supported performance Assets, loans and deposits...
Loan-loss provisions at the nine BRVM-listed banks that reported 2025 earnings rose 18% to $137 million as regional growth hit a record 6.7%. BOA...
Company seeks to raise 485.8 billion naira through share offering Funds to support expansion and reduce debt Strategy aims to boost local sugar...
AFC raises $100 million from India’s Exim Bank over five years Funding to support infrastructure and industrial projects in Africa Deal reflects...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
04

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.