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Maroc Maroc - iafrica.com - A La Une - 22/Aug 04:58

Malawi Receives $11.2M Insurance Payout to Alleviate Drought Impact

Malawi has received an $11.2 million insurance payout to address the severe drought caused by the El Niño weather phenomenon, which led the nation to declare a state of disaster earlier this year. The African Development Bank and the African Risk Capacity Group, an African Union agency, facilitated the payout. The funds will provide crucial… 

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