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Reading: Somalia signs $18 million multinational Climate Disaster Risk Financing Project agreement with the AfDB
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Somali National News Agency > Blog > Local News > Somalia signs $18 million multinational Climate Disaster Risk Financing Project agreement with the AfDB
Local News

Somalia signs $18 million multinational Climate Disaster Risk Financing Project agreement with the AfDB

By Khadar Aweys
Last updated: May 28, 2024
1 Min Read
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Nairobi, (SONNA) – The Federal Government of Somalia signed over $18 million multinational Climate Disaster Risk Financing Project agreement with the African Development Bank (AfDB).

“It was an honour to sign the over $18 million Multinational Climate Disaster Risk Financing Project agreement with the AfDB Group today,” Minister of Finance said in his X platform.

This is crucial and will support Somalia’s climate resilience and most affected communities. Mobilising Climate finance is a key priority.

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