Mozambique has received a $2 million insurance payout to protect itself against the effects of drought during the 2025-2026 agricultural season. This is the third consecutive year that the country has benefited from this coverage under the African Development Bank’s (AfDB) African Disaster Risk Financing Initiative (ADRiFi). The announcement was made in Maputo during the…...
Trending
- DRC: Djena Bassiala appointed interim coordinator of the Financing Execution Unit for Fragile States (CFEF)
- ECOWAS: Ismaël Nabé takes over as President of the Board of Governors of the BIDC
- Guinea’s Minister of Planning, Development, and International Cooperation appointed Chair of the Board of Governors of the ECOWAS Bank for Investment and Development
- EBID Board of Governors announces aggressive investments for West Africa and unveils the 2026–2030 GRO strategy at its 24th Annual General Meeting
- Banking: Saham Bank breaks the tariff lock and reshuffles the market
- Fintech: Bank of Africa and Morocco Fintech Center lay the foundations for a new innovation pact
- Leasing: African Automobile Credit Company increases its capital of 1.5 billion CFA francs through cash contribution
- Guinea Bissau raises 22 billion CFA francs on the UMOA financial market
AfDB supports Mozambique against drought with $2 million insurance payout
Dominique Mabika
Congolese journalist with a passion for economics, finance, and culture. Dominique Mabika's field of expertise is audiovisual media. In this capacity, she hosts Le Grand Débat on Financial Afrik TV and leads the coordination of field reports, as well as the production of documentaries and interviews.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com