Updated
Updated · msmeafricaonline.com · Apr 28
World Bank Group approves $240m WACA+ programme for West Africa's coasts
Updated
Updated · msmeafricaonline.com · Apr 28

World Bank Group approves $240m WACA+ programme for West Africa's coasts

4 articles · Updated · msmeafricaonline.com · Apr 28
  • The first phase targets Benin and Mauritania, combining $207 million in IDA funding, $5 million from PROBLUE and $28 million in private capital.
  • It aims to reduce erosion and flooding risks for more than 530,000 people, restore up to 3,000 hectares of mangroves and wetlands, and create about 13,000 jobs by 2031.
  • The programme will back fisheries, aquaculture, ecotourism and logistics, train more than 31,000 people, and use grants and a Mauritania credit guarantee to mobilise private investment.
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