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.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth ...
Ethiopia rolling out nationwide EV charging network, EEU says First phase includes 40 stations, mainly in Addis Ababa Plan supports rapid EV growth,...
Angola issues $185 million bonds to recapitalize TAAG Move aims prepare airline for partial privatization, attract investors Restructuring...
PETROCI raises 200 billion CFA francs to fund Baleine project Financing supports Phase 2 expansion, prepares launch of Phase 3 Project boosts...
Senegal launches solar-plus-storage projects to boost grid stability Diass project adds first battery system, backed by KfW, AFD Linguère...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...