Addressing Africa’s disaster response through financing
The African Export-Import Bank and African Risk Capacity Group have agreed to develop financing initiatives to help Africa enhance disaster response and resilience, using available banking and insurance products suited for localized challenges.
- Member states to provide information / funds for African countries.
- Freedom financing
- Education and anticipate disasters
Different donors (African and non-African) can contribute to the fund.
Here’s the link: https://www.cnbcafrica.com/media/6283210615001/