AfDB secures U$10 million for Zambezi Basin project
The African Development Bank (AfDB) has secured U$10.57 million in funding from the Global Environment Facility (GEF) for a major project aimed at bolstering environmental sustainability.The "Strengthening Zambezi River Basin Management towards Climate Resilience and Ecosystem Health" initiative aims to improve the collaborative management of water, energy, food and environmental resources within the Zambezi River Basin, which spans eight southern African countries: Angola, Botswana, Malawi, Mozambique, Namibia, Tanzania, Zambia, and Zimbabwe.
The Zambezi River Basin project, estimated to cost U$9.45 million, is expected to benefit millions through advancements in agriculture, fisheries and dam operations. It focuses on promoting transboundary cooperation, integrated planning, and adaptive management practices to boost the basin's resilience and ecosystem health.
Anthony Nyong, Director of Climate Change and Green Growth at the AfDB said that through this project, the bank continues to lead the way in promoting environmental sustainability and resilience, driving positive change for both people and the planet. "Over the years, we have also increased our interventions on issues related to chemicals and waste across the African continent." -