African Development Bank Approves $6m ARC Grant for Proactive Disaster Preparedness

African Development Bank approves $6m ARC grant for proactive disaster preparedness

The Board of Directors of the African Development Bank Group has approved a $6 million grant to the African Risk Capacity (ARC) to strengthen disaster preparedness and risk financing efforts across Africa for the 2025–2026 period. According to the African Development Bank, the project aims to help the continent’s governments move from reactive disaster response to proactive preparedness. “It will strengthen national institutions’ technical exper…

African Development Bank approves $6 million grant to strengthen disaster risk management - Platform Africa

ABIDJAN, Ivory Coast, October 29, 2025/APO Group: The Board of Directors of the African Development Bank Group has approved a $6 million grant designed 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

AfDB approves $6m grant to strengthen disaster risk management in Africa - EnviroNews - latest environment news, climate change, renewable energy

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 Wednesday, October 29, 2025, 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 servic…