Mozambique counts the cost of Cyclone Idai
12 Apr 2019 - by Staff reporter
Direct economic losses to Mozambique – from the devastation caused by Cyclone Idai last month – range from between US$656 million to US$773 million according to estimates by the World Bank.
According to a note sent out on Thursday, April 11 via the United Nations, this covers damage to buildings, infrastructure and agriculture.
The World Bank note added that its approach did not capture indirect losses such as reduced productivity or business interruptions, and could therefore only provide a certain degree of accuracy
Starting off in early March as a tropical depression, the storm rapidly evolved into a cyclone, affecting over two million people and killing close to 1 000 in the three countries affected. The port city of Beira, Mozambique – the hardest hit – is still struggling to re-emerge from the rubble, according to the World Bank.