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
Cameroon to tax foreign online platforms from Jan. 1, 2026 Non-resident firms face 3% minimum levy or 30% corporate tax Reform targets...
Partnership targets financing, financial inclusion, business formalization Pilot formalized 343 firms; nationwide programme targets 5,000...
Nigeria stock market posts record 36.6 trillion naira capitalisation gain in 2025 All-Share Index jumps 51%, driven by earnings, dividends, FX...
Egypt receives $3.5 billion initial payment from Qatar-backed coastal project Deal targets Mediterranean real estate and tourism...
Most Read
01

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
02

NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...

NALA Secures Triple Licensing in Uganda, Accelerating East African Fintech Expansion
03

Silver hit a record $74.8 an ounce in late December 2025 Analysts see prices ranging from&nb...

Silver surges 155% in 2025, outlook mixed for 2026
04

US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and inve...

Nigeria: U.S. Military Intervention in Sokoto, a New Test for the Country’s Financial Credibility
05

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
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.