The World Bank is worried about the conditions of refugees in Chad amid the Covid-19 pandemic. The institution announced on August 17 it is investing CFA3 billion ($5.3 million) through its Refugee and Host Community Support Project (PARCA) to help them cope.
Under this program, 22,000 households in N’djamena will benefit from a one-time cash transfer of CFA120,000 payable only once. According to the World Bank, a total of $145 million has been made available to help Chad take care of refugees and their hosts. The main objective is to improve their access to basic social services and livelihoods.
"To assist the households most affected by the anti-Covid-19 measures, the Chadian government has set up, in partnership with the World Bank, a swift response [...] The households will benefit from the PARCA program through the International Development Association,” Issa Doubragne, Minister of Economy, explained.
This IDA grant covers seven provinces, namely Wadi-Fira, Mandoul, Ennedi-Est, Moyen Chari, Logone Oriental, Ouaddaï, and Lac.
Jean-Marc Gogbeu (intern)
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...
IEA says global coal demand hits 8.85 billion tonnes this year Coal supplies one-third of global electricity despite renewable growth Agency expects...
India, Ethiopia upgrade ties to strategic partnership during Modi visit Agreements cover data centre, debt restructuring, customs,...
Rwanda launches BioCap project to build crop biotechnology capacity Five-year program targets cassava, potato, banana improvement $14 million...
In Africa, seed systems face multiple challenges, including low adoption of certified planting material, a shortage of quality assurance laboratories and...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...