Cote Dlvoire, Oct. 29 -- The Board of Directors of the African Development Bank Group has approved a $6 million grant to support the African Risk Capacity (ARC) in boosting disaster preparedness and risk financing across Africa over the 2025-2026 period.Approved on October 29, the grant-provided through the Bank's African Disaster Risk Financing Initiative (ADRiFi) -- will help ARC maintain its core capacity-building and disaster risk financing services for the Bank's regional member countries.The project aims to help African governments move from reactive disaster response to proactive preparedness. It will strengthen national institutions' technical expertise and operational capacities in disaster risk management, including evidence-based...