WORLD BANK PUMPS IN $265 MILLION TO BOOST FOOD RESILIENCE

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The World Bank has approved $265 million dollars to the government of Malawi to scale up Agricultural Commercialization and improve food resilience.


In a press statement released by World Bank, the funds allocated to Malawi are part of the $903 million funding approved by the World Bank Directors in International Development Association (IDA) financing for countries including Comoros ,Malawi , Kenya , Somalia and Tanzania , with Malawi getting $265 million share .


The funds to Malawi are expected to help the country establish new six irrigation schemes , Support an additional 560 productive alliances that target more than 112,000 households and work with small holder Farmers to execute productivity-enhancing investments.


Written by Benjamin GK Nyirenda



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