By Tony Obiechina, Abuja
The World Bank approved has two operations totaling $346 million in International Development Association (IDA) financing to assist in strengthening resilience and livelihoods in the Lake Chad region comprising, Cameroon, Chad, Niger and Nigeria.
This was disclosed in a statement by the Washington based global financial body and made available to the media in Abuja on Wednesday.
According the statement, the Lake Chad region suffers from poor development and economic indicators compared to the averages in the four countries.
“There are significant gaps in infrastructure, access to basic services is poor, and natural resources and livelihoods are severely impacted by climate change. The situation is exacerbated by insecurity prevailing since 2009 due to insurgent activities that prevents more than 49 million people from attaining their livelihoods in fishing, livestock farming and agriculture, statement explained.
It further stated that the two approved operations focus on enhancing regional collaboration among the four countries to support communities close to the shore of Lake Chad areas and to improve the living conditions of the population, including vulnerable women and youth who face the negative impacts of climate change and suffer from insecurity.
The first project, the Lake Chad Region Recovery and Development Project (PROLAC, $170 million), it further explained “will support national and regional coordination platforms and local capacity building, contribute to restore sustainable rural mobility and connectivity and strengthen the recovery of agricultural livelihoods in selected provinces of Cameroon, Chad, and Niger.
“It will also promote knowledge sharing and regional dialogue with a data platform hosted at the Lake Chad Basin Commission, while strengthening community empowerment through citizen engagement, social cohesion activities and labor-intensive public works.
“PROLAC will contribute to the rehabilitation of rural roads and small transport infrastructure, and will promote productive investments by helping agricultural producers to increase productivity in the polder areas in Chad, the farming of oasis areas in Niger, and in the areas close to the shore of the Lake Chad in the Far North of Cameroon, the statement added.
The second project, the Multi-Sectoral Crisis Recovery Project for North Eastern Nigeria, Additional Financing (MCRP AF, $176 million), it went on, will help Nigerian government to improve access to basic services and livelihood opportunities for crisis-affected communities in the North Eastern States of Adamawa, Borno and Yobe”.
It will also “enhancing coordination among these States and other Lake Chad countries. It expands the ongoing $200 million MCRP project and puts an increased emphasis on support for agricultural livelihoods and investments.
“In addition, the MCRP AF will include support for labor-intensive approaches and works programs, promote rural and regional connectivity, rehabilitate market infrastructure and prioritize climate change adaptation and mitigation.
“The project will also expand its education and health activities to include a focus on service delivery by providing grants to school committees and incentives to returning teachers, and by promoting quality of primary health care services in targeted public health centers and district hospitals”, the statement added.
According to World Bank Director of Regional Integration for Africa, Deborah Wetzel, “The Lake Chad region remains a priority area of engagement given the common nature of the challenges faced by the sub-region and the huge potential for regional cooperation”,
“The framework being created by both PROLAC and the MCRP AF will lay the foundation for future regional and coordinated investments that will improve access to regional markets, promote value-chains development and revive cross-border and regional trade”, she said.
Both PROLAC and the MCRP are well aligned with existing regional and national strategies, including (i) the World Bank’s Regional Integration and Cooperation Assistance Strategy which promotes collective actions to address the risks of regional economic contagion, fragility, epidemic and climate hot spots; (ii) the World Bank’s Strategy for Fragility, Conflict and Violence; and with (iii) the Country Partnership Frameworks for Cameroon, Chad and Niger, and the Country Partnership Strategy for Nigeria.
The World Bank’s International Development Association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve poor people’s lives.
IDA is one of the largest sources of assistance for the world’s 76 poorest countries, 39 of which are in Africa. Resources from IDA bring positive change to the 1.6 billion people who live in IDA countries. Since 1960, IDA has supported development work in 113 countries. Annual commitments have averaged about $21 billion over the last three years, with about 61 percent going to Africa.
