Following the devastating impact of Cyclone Idai and the unprecedented loss of life and property in Zimbabwe, Mozambique and Malawi, the African Development Bank has announced a multi-pronged response plan for the three countries.
The Bank will be providing emergency assistance to the affected countries and a medium-term plan to meet the reconstruction needs of the affected areas, including a climate risk insurance plan.
A high-level Bank delegation, headed by its Vice President for Corporate Services and Human Resources Mateus Magala, met with the President of Mozambique, H.E. Filipe Jacinto Nyusi, in the country’s capital, Maputo, to convey his sincere condolences on behalf of the Bank, and to announce the assistance.
Tropical Cyclone Idai was one of the worst tropical cyclones on record to affect Africa and the Southern Hemisphere. The long-lived storm caused catastrophic damage in Mozambique, Zimbabwe, and Malawi, leaving more than 1,000 people dead and thousands more missing.
President Nyusi described the Bank’s intervention as unique and comprehensive, assuring that it would go a long way to help victims restart their lives. He particularly welcomed the Bank’s expression of leadership in helping the country get climate insurance.
“The African Development Bank is our Bank. I have been interacting with the Bank for years now, but the intensity of engagement with the Bank’s current leadership is even higher than usual,” said the President of Mozambique.
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