• 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
    Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration
    Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa
    AfriMoney in complicity with Watu – an Asset FinTech disclose ‘Okada Bomba’ Promotion
    Initiative Launched to Enhance Food Security & Fight Climate Change in West and Central Africa
    Africa Continues to Lead in Mobile Money Adoption, With Over $403 Billion in Transactions, Report
    …as it strives to boost its Storage Facility, Kenya Pipeline Company (KPC) ventures to upgrade Facilities
    Ecobank Launches Leadership Training Programme to Support Women-Owned Businesses Across Africa
    Equatorial Guinea and DR Congo Strengthen Energy Relations to Enhance Oil and Gas Development
    Digital Farming in Zimbabwe: FarmBuzz Provides Solutions for Farmers to Improve Productivity
    Energy Security: Zambia, Angola Sign Cooperation Agreement in an Effort to Ensure Stability in the Economy

    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

    Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration

    Posted On 18 May 2022

    Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa

    Posted On 17 May 2022

    AfriMoney in complicity with Watu - an Asset FinTech disclose ‘Okada Bomba' Promotion

    Posted On 15 May 2022

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

    Posted On 29 Jan 2022

    New Africa Business News Award Medalist of Excellence as Africa's President of the Year 2020-2021 meets the Heads of his Ancestors on March 17th, 2021 Samia Suluhu Hassan divulged

    Posted On 20 Mar 2021

    New Africa Business News, Person of the Year 2020-2021, Goes to Dr. Arikana Chihombori Quao

    Posted On 01 Jan 2021

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Thanks for reading, Africa’s fastest...

    Posted On 27 Apr 2022

    Facebook

    Latest Posts

    Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration

    Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa

    AfriMoney in complicity with Watu - an Asset FinTech disclose ‘Okada Bomba' Promotion

    Recent Posts

    • Embangweni Trading Centre got a facelift as a Contemporary Modern Market Structure by the Malawi Administration
    • Africa Finance Corporation Launches $2 Billion Facility to Support Economic Recovery in Africa
    • AfriMoney in complicity with Watu – an Asset FinTech disclose ‘Okada Bomba’ Promotion
    • Initiative Launched to Enhance Food Security & Fight Climate Change in West and Central Africa
    • Africa Continues to Lead in Mobile Money Adoption, With Over $403 Billion in Transactions, Report

    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.