Public Management

Money needed to fight locusts in East Africa has doubled to $138mln (FAO)

Money needed to fight locusts in East Africa has doubled to $138mln (FAO)
Wednesday, 26 February 2020 17:11

A month ago, the UN Food and Agriculture Organization estimated the cost of fighting locust invasion in East Africa at $76 million. Today, estimates have risen to $138 million due to the fast spread of the pests.

FAO says it urgently needs the amount to support control actions in the region, especially in the next four months. “The upsurge is threatening people's livelihoods and food security in a region that is already seriously food insecure. There is no time to waste,” said Qu Dongyu, FAO MD. 

The organization indicated that only $33 million has been received or committed so far while “each day, more countries are affected.” According to the World Food Program (WFP), the cost of tackling food security caused by locusts is 15 times higher than the amount needed to prevent their spread.  

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Bank of Africa net income rose 12% to 3B dirhams by Sept. 2025 Growth driven by 17% rise in interest income, strong loan performance Credit cleanup,...
Egypt signs €53.8 million deal under the Green Sustainable Industries program Funding targets pollution cuts, energy savings, and resource...
Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing without IMF-recommended debt restructuring Eligible...
PIC raises its commitment to Enko Impact Credit Fund, reaching 86.7% of its target. The fund provides dollar-denominated private credit to mid-sized...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
03

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
04

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
05

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
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.