African Development Bank and Lake Chad Basin Commission Join Forces to Restore Lake Chad
![Ambassador Mamman Nuhu, Executive Secretary of the Lake Chad Basin Commission (seated, left) and African Development Bank VP for Regional Development, Integration and Business Delivery, Marie-Laure Akin-Olugbade (seated, right) sign MOU framework to restore the Lake Chad Basin (Source: African Development Bank Group (AfDB)](https://i0.wp.com/boomradiong.com/wp-content/uploads/2024/02/LCBC-MoU-signing-image-e1708531394751.jpeg?fit=800%2C533&ssl=1)
Good news for millions in the Lake Chad Basin! The African Development Bank (AfDB) and the Lake Chad Basin Commission (LCBC) have signed a crucial agreement to revive the shrinking lake and improve the lives of its people.
Key Points:
- 92% of Lake Chad’s once vast area has vanished due to climate change and human activity.
- The agreement mobilizes resources for water management, livelihood support, and peacebuilding.
- AfDB, a longtime LCBC partner, has funded various basin projects totaling $241.3 million.
- A new multi-year program will boost LCBC’s capacity for informed decision-making.
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