By Daily Nation
The African Risk Capacity (ARC) and the Southern Africa Development Community (SADC) have signed a Memorandum of Understanding (MoU) on disaster risk management and financing in the region.
The agreement is intended to help put in place proactive and comprehensive measures to reduce the negative impact of disasters and other vulnerability drivers in the SADC region.
“The partnership will enable us to systematically work with SADC to better profile disaster risks facing the region, strengthen existing response capacities and contingency plans, and offer sovereign insurance options to enable rapid action when natural catastrophes occur”, stated Dr Mohamed Beavogui, the Director-General of African Risk Capacity, in a press statement. Read more>>