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The financing will improve agricultural productivity and resilience to climate change, strengthen agricultural value chains, and enhance access to markets and financial services for farmers, among others. Madagascar’s agricultural sector is particularly vulnerable, as it relies heavily on rain-fed crops.
The financing from the World Bank and the AFD will help the country to implement climate-smart agriculture practices, such as using drought-resistant crops and planting trees to protect soil and water resources. This will help to boost agricultural productivity and resilience to climate change, and it will also help to improve food security and livelihoods in Madagascar.
The financing is part of the World Bank’s $1.2 billion Country Partnership Strategy for Madagascar, which aims to support the country’s development goals in agriculture, energy, health, education, and governance.
Tunisie Telecom has officially launched its 5G non-stand-alone (NSA) services, becoming one of the first telecom companies in Tunisia to roll out the next generation of mobile connectivity.
Siemens Healthineers Middle East, Southern & Eastern Africa and WINGCOPTER GmbH have partnered to launch Africa’s first integrated drone transport solution for medical supplies.
Visa has launched its first data centre in Africa, selecting Johannesburg, South Africa, as the location.