5 million flood insurance policy designed to support vulnerable residents in the face of flooding disasters. It is expected to benefit around 10,000 residents living in flood-prone areas. We are dedicated to providing a safety net for our people to recover and rebuild their lives.”.
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The scheme is part of a broader strategy to tackle the challenges of climate change and urbanization. Observers believe it could serve as a model for other cities in the region. Further details regarding the implementation and eligibility criteria for the flood insurance policy are anticipated in the coming weeks.
Source: Africa.
