African Bank Donates US$100 Million Towards Cyclone Idai Relief

The African Development Bank (AfDB) on Tuesday availed US$400 000 to the government of Zimbabwe towards Cyclone Idai relief.

The bank also donated US$100 million to be shared among Zimbabwe, Malawi and Mozambique, the three countries hugely impacted by the tropical cyclone.

Speaking after receiving the donation from a five-member AfDB team at his Munhumutapa Offices in Harare, President Emmerson Mnangagwa said:

Yes, he brought a letter to me from the president of the African Development Bank Mr Akinwumi Adesina.

The bank has donated US$400 000 towards Cyclone Idai disaster. Above that, the bank has donated US$100 million, but that would be shared among Zimbabwe, Malawi and Mozambique. That is good news for us.

The leader of the AfDB delegation, who is also the bank’s vice president, Mateus Mangala said:

Working with the Minister of Finance and other institutions here, we are confident that together we will find a way to resolve this as soon as possible and make this economy, an economy we are proud of.

Cyclone Idai hit the eastern districts of Zimbabwe on 15 March soon after an earthquake had struck parts of Manicaland according to government officials.

Key infrastructure worth thousands of dollars was destroyed by flash floods, with hundreds of people killed.

Related:

More: The Herald


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Emmerson MnangagwaGovernment officials

Emmerson Dambudzo Mnangagwa a politician and the First Secretary of the Zimbabwe African National Union-Patriotic Front. On the 3rd of August 2018 ZEC Chairperson Priscilla Chigumba announced that Mnangagwa had won the popular vote by 50.8% ,hence he was duly elected to be the president... Read More About Emmerson Mnangagwa

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