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
Dutch Good Growth Fund invests $3 million in First Circle Capital FCC backs early-stage African fintech startups continent-wide Fintech leads...
UBA moves beyond remittances with integrated banking and investment services Remittance flows to Africa exceed $100 billion a...
BiasharaLink and Deal House aim to support AfCFTA implementation Platforms seek to turn African diplomatic missions into trade...
Dakar-based ICF opens representation office in Abidjan Côte d’Ivoire hosts 18 of WAEMU’s 38 licensed brokerage firms BRVM equity market cap...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
03

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
04

Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...

After Côte d’Ivoire, Ghana Faces Cocoa Stock Build-Up as Prices Collapse
05

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
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.