Mozambique Receives $150m from World Bank for Cyclone Freddy Recovery

The World Bank has allocated $150 million from its existing projects in Mozambique to aid the country’s recovery efforts following Cyclone Freddy. The storm caused widespread devastation across Malawi, Mozambique, and Madagascar, resulting in over 1,000 deaths. The funds will be used to restore transport infrastructure and provide essential services such as water, sanitation, healthcare, and education. The money is separate from the $300 million grant approved by the World Bank in July and consists of $100 million in grant money and $50 million in credit. Xavier Chavana, the lender’s disaster risk management specialist in Mozambique, stated that their priority is to support the government in responding to the emergency and ensuring that affected individuals can recover as soon as possible.