World Bank Provides $346 Million to Strengthen Resilience and Livelihoods in the Lake Chad Region
The World Bank approved today two operations totaling $346 million in International Development Association (IDA)* financing to help strengthen resilience and livelihoods in the Lake Chad region, which is shared among Cameroon, Chad, Niger and Nigeria.

Overall, 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.