menu Home chevron_right
BusinessNewsWorld News

African Development Bank and Lake Chad Basin Commission Join Forces to Restore Lake Chad

Boom RadioNG | February 21, 2024
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)

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.

Written by Boom RadioNG


This post currently has no comments.

Leave a Reply

  • play_circle_filled


play_arrow skip_previous skip_next volume_down