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World Bank raises $700 million for storm-hit African countries of Mozambique, Zimbabwe and Malawi Updated for 2021

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Updated: February 27, 2021


The World Bank announced on Friday that it had raised over half a billion dollars to help people in Mozambique, Malawi and Zimbabwe, three African nations hit by Cyclone Idai in March.

Intense Tropical Cyclone Idai was one of the worst tropical cyclones on record to affect Africa and the Southern Hemisphere.

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The storm caused catastrophic damage in Mozambique, Zimbabwe and Malawi, leaving hundreds of people dead and many more missing.

It also displaced tens of thousands and completely destroyed villages and virtually all means of livelihood.

Idai is said to be the second-deadliest tropical cyclone recorded in the South-West Indian Ocean basin, coming behind only the 1892 Mauritius cyclone.

“The World Bank is activating the International Development Association (IDA) Crisis Response Window (CRW) to provide up to $545 million in total for the three affected countries. This is in addition to nearly $150 million in resources that have recently been made available from existing projects,” the global development institution said in a statement sent to TODAY NEWS AFRICA in Washington D.C..

Together, total World Bank support to the three countries’ recovery haa now reached around $700 million.

The World Bank said it is also working with Mozambique and Comoros to assess and respond to the newest development-Cyclone Kenneth.

“Cyclone Idai caused catastrophic damage earlier this year that affected millions of people, and this tragedy has been compounded by Cyclone Kenneth,” said World Bank Group President David Malpass, following a tour of Beira’s affected areas.

“The World Bank Group is working closely with our partners to help the population recover from these terrible storms, build back stronger than before, and improve countries’ resilience to natural disasters.”

Mozambique, the country hardest hit by the cyclone, will receive $350 million in CRW financing to re-establish the water supply, rebuild damaged public infrastructure and crops, and support disease prevention, food security, social protection, and early warning systems in the impacted communities.

For neighboring Malawi, the CRW will provide $120 million in financing to restore agricultural livelihoods, reconstruct priority infrastructure, and support disease surveillance.

DAVID MALPASS, World Bank Group President, addresses journalist at the World Bank Group Opening Press Conference, at the IMF Headquarters in Washington DC on Wednesday, April 11, 2019. Photo: EMMANUEL IKODOR, TODAY NEWS AFRICA

In addition, the World Bank intends to provide an exceptional allocation of up to $75 million to select UN agencies to support the people of Zimbabwe also affected by Cyclone Idai.

“Funds will go toward a harmonized multi-sector livelihood support and recovery operation focused on social welfare and community interventions,” the bank said.

President Malpass was in Mozambique as part of his first official trip as head of the organization. Prior to Mozambique, Malpass travelled to Ethiopia and Madagascar to visit several World Bank Group-funded projects; meet with government leaders, private sector representatives, and other stakeholders; and hear from beneficiaries and local partners.

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Simon Ateba
Simon Ateba
Simon Ateba covers the White House, the U.S. government, the International Monetary Fund, the World Bank and other financial and international institutions for Today News Africa in Washington D.C. Simon can be reached on simonateba@todaynewsafrica.com

2 COMMENTS

  1. I am a Japanese journalist working for Japanese monthly “International Development Journal” . Your reports are very informative and useful for me to analyze the new World Bank. I have further more questions for you to ask your views on Malpass’s leadership. What is the impression with his statement? Was it different from your expectations? Although he is from Tamp’s administration, do you think he will go forward with WB’s agendas including Climate Change?
    I would like to introduce your views on our magazine.
    We also will have TICAD7 (Tokyo International Conference on African Development) in August. I would like to keep in touch with you . Please let me know your email address.
    Y.Teddy Takeuchi from Tokyo

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