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AfDB mulls funding to help 5 African countries fight climate change: president

Xinhua, May 3, 2017 Adjust font size:

The African Development Bank (AfDB) may provide 1.1 billion U.S. dollars to Nigeria and four other African countries to address climate change challenges, a top official said Wednesday.

Akinwumi Adesina, the AfDB president, said in his goodwill message at the ongoing Feed Nigeria Summit in Lagos, Nigeria's economic hub, that the bank would seek the approval of its board to consider 1.1 billion dollars to support Nigeria, South Sudan, Kenya, Ethiopia and Somalia to build medium and long-term resilience to climate change challenges.

The funding would be used to address the current drought challenges arising from climate change in order to avoid famine in these countries, Adesina said.

According to him, over 4.5 million people in the northern part of the country suffer from risks of severe malnutrition due to droughts, noting that Lake Chad is rapidly shrinking.

"That's why I applaud and fully support President Muhammadu Buhari's leadership and efforts on rehabilitation of the Lake Chad basin," he added.

"This is because climate change is affecting Nigeria, South Sudan, Kenya, Ethiopia and Somalia," he said. Endit