Coming "super" El Niño could cost Africa $20 billion, AfDB says

The African Development Bank warns that a powerful El Niño could cost African economies $10 billion to $20 billion through extreme weather events like droughts and floods, threatening food security and triggering mass migration. The bank estimates $100 billion in climate finance is needed this year, as fuel and fertilizer shortages from the Strait of Hormuz closure worsen economic struggles.