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Home Agriculture

World Bank announces $340 million support for Chad over refugees and other crises

by Tunde N
September 8, 2023
in Agriculture, Food, food, Market
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World Bank reforms might save Nigeria $5.1 billion this year.

Photo: World Bank

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In a statement, the World Bank stated that it had announced $340 million in fresh funding on Friday to assist Chad in addressing several challenges, including $90 million to deal with the flood of migrants fleeing war in neighboring Sudan.

The money is added to the existing assistance of more than $235 million to support refugees and host communities in Chad.

Since the fighting began in April, more than 400,000 Sudanese and Chadian nationals from Darfur have fled to eastern Chad, according to the World Bank.
The influx has increased the demand for humanitarian aid in one of the poorest nations in the world and placed a strain on natural resources.

The statement warned that “food insecurity will increase in the coming months due to the refugee inflow, a poor harvest, and the compounding effects of climate change.”

Before the violence in Sudan erupted in April, Chad was already sheltering close to 600,000 refugees.

According to the UN, over 1.8 million Sudanese are projected to enter five neighboring countries by the end of the year, which made a $1 billion relief appeal in response to reports of growing sickness and mortality rates.

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Tags: #Chadother crisesrefugeesworld bankWorld Bank announces $340 million support for Chad over refugees
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Tunde N

Tunde N

Hi, I'm Tunde, a Ghanaian journalist with a focus on economic and business news in Africa. I believe in the power of agriculture as a catalyst for economic growth on the continent. Through my articles, I shed light on agricultural practices, innovations, and the transformative impact of agriculture on African communities. Additionally, in the Africa news & entertainment category, I bring the latest updates, trends, and stories from the vibrant world of African entertainment. By combining these categories, I offer readers a comprehensive perspective on both the economic potential of agriculture and the exciting developments in African entertainment.

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