• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia
    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution
    Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063
    African Nations Exhorted to take on Modern Sustainable City Planning to enable Stave Off Prospective Emergencies
    South Africa’s Informal Economy Shows Signs of Movement to Switch toward Cashless Economy, Study
    $11.70 million Expended by the Africa Development Bank to Facilitate Access to Fertilizers for African Agricultural Producers
    TRANSCO – CLSG wields Impressive Coordination Meetings for the Development of the Gambia River
    650,000 BPD Dangote Petroleum Refinery and Petrochemicals plant Commissioned by Erstwhile Nigeria’s President Buhari
    …Curtail the usage of Charcoal and save the Environment Immense Liquefied Gas Depot opened in Tanga City of Tanzania
    $3.5 Billion in reimbursements to White Agriculturalist by the African Development Bank as Financial Instruments to “Fast Track and Front Load” to White Agriculturalist land…was taken from them by the Zimbabwe Administration President of AfDB disclosed

    Africa Development Bank Approves Funds to Combat Adverse Effects of Drought in Madagascar

    Posted On 22 Jan 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 10

    By Richard Adorsu-

    Photo Credit: The government and business journal

    NEW AFRICA BUSINESS NEWS (NABN) Accra, Ghana– The African Development Bank (AfDB) approved an emergency aid of $686,000 to Madagascar intended to cope with the combined effects of the drought and the Covid-19 pandemic in the far south of the island.

    This aid should be used for food assistance, vital for the most vulnerable groups and support for the prevention of acute malnutrition. It is thus planned to acquire and distribute 510.52 tonnes of rice, 195 tonnes of legumes, 78.40 tonnes of vegetable oils, 34 tonnes of super cereals and 14.24 tonnes of LNS-MQ. (nutritional supplement). Food assistance targets some 72,222 beneficiaries, or 14,444 households in total. Each beneficiary will receive a ration for 15 days, for three months.

    As for the support for the prevention of acute malnutrition, it targets children aged six to twenty three months and pregnant and breastfeeding women with a child under six months through a nutritional supplementation program. This support will concern 2,630 small children from six to twenty-three months old and 3,611 pregnant and breastfeeding women.

    The aim of the operation is to help alleviate the suffering of populations in southern Madagascar, victims of the adverse effects of the 2019-2020 drought and the coronavirus health crisis. The specific objective is to reduce acute food insecurity in the communes of intervention and to reduce the malnutrition which strikes the vulnerable layers of the Malagasy population.

     

    For New Africa Business News Richard Adorsu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Ecobank Transnational Incorporated Chief Executive Officer asserted…the PanAfrican Group is fostering expenditures across Africa since the enactment of the African Continental Free Trade Area Agreement open

    Next Story

    $34.12 Million Scheme Doled out to Mambolo Chiefdom and Samu Chiedom in Kambia District of Sierra Leone and pari passu to Tomabum in Bonthe – Southern Sierra Leone, in a bid to Pioneer the Largest Scale Rice Planting Venture endeavored at ameliorating the Country’s dependency on the significance of the nation’s staple grub

    10 Comments

    1. James January 22, 2021 at 2:59 am Reply

      Thank you for signing me to new Africa news, daily newsletters. Love reading the daily reports. British Columbia, Canada. James

      • New Africa Business News, Staff Correspondent January 22, 2021 at 3:00 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Fifi January 22, 2021 at 3:23 am Reply

      The African development bank, the bank that is Africa in hearth. Love Africa. Great job. Accra Ghana. Fifi

      • New Africa Business News, Staff Correspondent January 22, 2021 at 3:24 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Luan January 22, 2021 at 3:27 am Reply

      Africa should go back of being one Africa. Johannesburg South Africa. Luan

      • New Africa Business News, Staff Correspondent January 22, 2021 at 3:28 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Nobel January 22, 2021 at 3:31 am Reply

      Thank you for the reports and the newsletters. Mochudi Botswana. Nobel

      • New Africa Business News, Staff Correspondent January 22, 2021 at 3:32 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Alex January 22, 2021 at 3:36 am Reply

      Like to thank Journalist Richard for covering this report. Besalampy, Madagascar. Alex

      • New Africa Business News, Staff Correspondent January 22, 2021 at 3:37 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia

    Posted On 01 Jun 2023

    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution

    Posted On 31 May 2023

    Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063

    Posted On 30 May 2023

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Facebook

    Latest Posts

    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia

    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution

    Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063

    Recent Posts

    • African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia
    • AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution
    • Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063
    • African Nations Exhorted to take on Modern Sustainable City Planning to enable Stave Off Prospective Emergencies
    • South Africa’s Informal Economy Shows Signs of Movement to Switch toward Cashless Economy, Study

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.