According to the latest "Burkina Faso Economic Update", economic growth slowed to 2.5% in 2022, with the country posting the highest inflation rate in the West African Economic and Monetary Union (WAEMU), thereby exacerbating food insecurity.
The Government ofDjibouti has signed the first-ever multi-year, multi-peril agreement on the African continent with the African Risk Capacity Group (ARC Group) to protect the lives and livelihoods of its most climate-vulnerable communities.
There is a growing trend that climate shocks are increasing in frequency and intensity due to climate change. Djibouti, situated in the disaster-prone Horn of Africa, is highly vulnerable to droughts, floods, heatwaves, and earthquakes.
