Economics
World Bank Grants Drought-Stricken Madagascar $100 Million
- Southern Madagascar is suffering its worst drought in 40 years
- Funds will support efforts to combat famine and locusts
A road Amboasary Atsimo, Madagascar, on Sept. 3.
Photographer: Rijasolo/AFP/Getty ImagesThis article is for subscribers only.
The World Bank has allocated Madagascar $100 million to support efforts to combat a famine, as the south of the island nation suffers it worst drought in four decades and an upsurge in locusts threaten farm produce.
About one million people stand to benefit from the funding that will support activities, such as upgrading water points and anti-locust surveillance that will be implemented over a period of six to 48 months, Stephen D’Alessandro, a senior agriculture economist at the World Bank said in an e-mailed response to queries on Friday.