AfDB |
The African
Development Bank (AfDB) Group Board of Directors has approved a US $17
million (about MK 12.2 billion) Food Crisis Response Budget Support
Programme grant for Malawi. The Programme will support Malawi
Government's Emergency Response Plan to mitigate the current food crisis
through the purchase of maize for distribution to vulnerable
households.
The grant will
enable the Government, through the National Food Reserve Agency, to
procure 36,000 metric tons of maize from international sources, as well
as from local suppliers. It is estimated that the Programme will benefit
more than 700,000 food insecure people, most of whom are women and
vulnerable children. The resources will help the country to achieve
short term-food security at the household and national levels, as well
engender economic stability.
Speaking in
Lilongwe, the AfDB Resident Representative, Andrew Mwaba, said that this
support was in line with the commitments by AfDB President Akinwumi
Adesina when he visited Malawi in April 2016, within the context of the
Bank's US $550-million relief package from various AfDB windows and
financial instruments in support of 14 countries severely affected by
the drought in Eastern and Southern Africa due to the El NiƱo
weather-related hazards in 2015-2016.
The Bank provided a
grant of US $ 1 million in emergency food relief in June 2016, which
was used to purchase 2,600 metric tons of maize distributed to
beneficiaries.
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