The World Bank has approved $346 million in International Development Association (IDA) financing to help strengthen resilience and livelihoods..
The money will be shared among Cameroon, Chad, Niger and Nigeria.
The two newly approved facilities “focus on enhancing regional collaboration among the four countries to support communities close to the shore of Lake Chad areas and to improve the living conditions of the population, including vulnerable women and youth who face the negative impacts of climate change and suffer from insecurity.”
The second project, the Multi-Sectoral Crisis Recovery Project for North Eastern Nigeria, Additional Financing , is valued at $176 million.
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