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Africa: Madagascar to Boost Urban Resilience and Jobs in Antananarivo and Toamasina

Summary by allAfrica
The World Bank Group has approved US$225 million in financing for the Integrated Urban Development and Resilience Project for Jobs (PRODUIRE2) to strengthen climate resilience, improve infrastructure, and create more and better jobs in Greater Antananarivo and Greater Toamasina.

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The World Bank Group is stepping up its support to Madagascar with a new $225 million funding for the Integrated Urban Development and Employment Resilience Project (PRODUCTION 2). Approved on July 6 in Washington, D.C., this programme aims to transform the cities of Greater Antananarivo and Greater Toamasina in a sustainable way by strengthening their capacity to cope with climate disasters, while stimulating employment and economic development…

Producing 1 has expired. Vive Producing 2. Madagascar obtains $225 million from the World Bank Group for the second phase of the Integrated Urban Development and Resilience for Employment Project (Producing 2). The decision comes after the expiry of phase 1 of the project and extends its interventions to the Grand Toamasina, in addition to the Grand Antananarivo. As indicated by the World Bank in a press release, this new financing aims to stren…

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2424.mg - L'actualité quotidienne en temps réel broke the news on Tuesday, July 7, 2026.
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