African Development Bank grants $25 million to protect drought-prone communities and strengthen food security
Zimbabwe, April 23 -- The Board of Directors of the African Development Bank Group has approved a $25 million grant to Zimbabwe for rural communities severely affected by climate change, expected to revitalise smallholder agriculture, develop grazing areas and water resources, and to catalyse private sector investment.Funded through the Bank's Transition Support Facility (TSF) Pillar 1, the Zimbabwe Agricultural Climate Resilient and Vulnerability Reduction Project (ACRES) will run from 2026 to 2030, delivering lifechanging impact in areas where it is most needed.ACRES will be deployed in two of Zimbabwe's most climate-exposed provinces: Masvingo Province (Gutu District) and Matabeleland South (Gwanda, Matobo, Mangwe, and Bulilima Districts...
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