Public Management

Zimbabwe: UK provides £21.5 million to relieve the drought-affected population

Tuesday, 13 February 2018 11:11

Through the Department of International Development (DFID) Zimbabwe, UK will grant £21.5 million to Zimbabwe to help the country fight the drought that has been affecting it for some months now.

According to a statement issued by DFID Zimbabwe, the fund will be used to “strengthen the capacity of vulnerable rural communities to withstand shocks and stresses, ultimately reducing their need for humanitarian help and improving their wellbeing”.

 It is however important to note that in 2016 the El Niño -induced drought had been particularly harsh in Southern Africa, destroying harvest, forcing nearly 4 million of Zimbabweans to depend on food aid.

 “Even if there is above-average rainfall over coming months, much of the damage to crops is irreversible,” said Brian Bogart (photo), WFP regional program adviser.

In addition to this, with the dry spell which started in October, people fear the destruction of crops, livestock and the population is inevitable.  

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Guizhou Tyre plans a nearly $300 million tire plant in northern Morocco The factory will produce 6 million passenger vehicle tires per year The...
Fidelity Bank raised 259 billion naira, lifting eligible capital above CBN requirements First Bank of Nigeria also confirmed compliance after multiple...
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores...
Ecobank Nigeria repaid about $245 million, or more than 80%, of its $300 million Eurobond due in February 2026. The early repayment reduced...
Most Read
01

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
02

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
03

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
04

Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...

Flutterwave Adds Open Banking With Mono Acquisition
05

African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...

Africa’s Billionaires Post Strong Gains as Global Wealth Hits Record
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.