ICYMI: Africa Development Bank Creates $10bn Fund For COVID-19 Aid
Africa Development Bank Creates $10bn Fund For COVID-19 Aid
Updated April 8, 2020 The African Development Bank on Wednesday said it had created a $10 billion emergency fund to help the continent’s countries fight against the coronavirus pandemic.Africa, the world’s poorest continent, may be badly exposed to the pandemic both in terms of preparedness and the poor health care systems in many countries.
“Africa is facing enormous fiscal challenges to respond to the coronavirus pandemic effectively. The African Development Bank Group is deploying its full weight of emergency response support to assist Africa at this critical time,” the bank’s president Akinwumi Adesina said.
The facility includes $5.5 billion for operations in African Development Bank countries, and $3.1 billion for sovereign and regional operations for countries under the African Development Fund, the bank’s arm that caters to fragile countries.As the virus spreads, there are fears that poor and debt-saddled countries will be unable to provide an adequate response.
Niger President Mahamadou Issoufou has appealed for a “Marshall Plan” to help African economies hit by the coronavirus pandemic as states warn of a devastating impact on the continent’s growth.The African Development Bank has already launched a $3 billion US-dollar denominated social bond in international capital markets for the virus fight.
“These are extraordinary times, and we must take bold and decisive actions to save and protect millions of lives in Africa,” Adesina said. “We are in a race to save lives. No country will be left behind.” Read more: Channels Television »
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COVID-19: Africa CDC provides fresh updates on Coronavirus in continent - Daily Post NigeriaThe Africa Centres for Disease Control and Prevention (Africa CDC) has said that there are now 10,075 confirmed cases of Coronavirus (COVID-19) in 52
COVID-19: Africa Will Not Be A Testing Ground For Any Vaccine – WHOCOVID-19: Africa Will Not Be A Testing Ground For Any Vaccine – WHO. U can imagine. What do you take Africa for? Yes ooo Tell them 👌
Confirmed COVID-19 cases surpass 10,000 in Africa as global death toll hits 75,000 – Daily TrustThe number of confirmed COVID-19 cases reached 10,075 in Africa and the death toll reached 487, the Africa Centre for Disease Control and Prevention (Africa CDC) revealed on Tuesday. The Africa CDC, a specialised agency of the 55-member African Union (AU), in its latest situation update issued in Addis Ababa also disclosed that the confirmed … This figure is overrated Pink_Chinasa 487 have died in africa,? Wtf. I thought it wasn't up to 50 people that died in Africa so far. Where did these figures come from!
Coronavirus: Atiku warns of impending catastrophe in Nigeria, Africa - Daily Post NigeriaAtiku Abubakar, former Vice President, has warned Nigeria and the rest of Africa that the continent is yet to see the worst of the effects of Coronavirus A stitch in time saves nine... Not only Africa, all over the world! After watching CNN, they will just edit what they heard and claim to be theirs. Mr man, that is plagiarism you either stop it or get charge to court once they see you in their country.
Armed conflicts, state repression fuel human rights violations across Africa - ReportProtesters across sub-Saharan Africa have braved bullets and beatings to defend their rights in the face of continuing conflict and state repression
COVID-19: US propaganda hurting Africa-China friendship - Liu - Daily Post NigeriaThe Chairman of Chinese investors Association for Development and Promotion in Nigeria, Chief Ronnie Liu has accused the United States of sowing enmity in F*ck China!!! It is simply blind hate. I hope we are all aware the type of bed we are preparing to lay on. We don't want your friendship you guy's are heartless, American has been using other means 2boost their economy not by inventing a virus to kill people like the way your government go about it by killing thousands as of today, nobody knows if by tomorrow death will reach millions