Public Management

Covid-19: AfDB approves $20mln to help G5 Sahel countries

Covid-19: AfDB approves $20mln to help G5 Sahel countries
Friday, 12 June 2020 15:35

The G5 Sahel will benefit from $20 million approved by the African Development Bank AfDB on June 9 to improve its response against the Covid-19. The financing will be injected into a pro-poor project managed by the UN High Commissioner for Refugees.

According to AfDB, this financial support will help improve the resilience of vulnerable communities in the region, including internally displaced persons, refugees, and their host communities.

Specifically, the project aims to support epidemiological surveillance and case management capacity; provide medical products for the prevention, control, and treatment of Covid-19; and ensure the deployment of social protection measures in targeted communities, particularly internally displaced persons.

The AfDB also announced, through its Transitional Support Facility mechanism, an additional grant of $1.372 million to strengthen the actions and coordination of the G5 Sahel Permanent Secretariat and to support training on biosafety and biomedical waste management in the countries concerned.

According to the Director of the Transition States Coordination Office. (RDTS), Yero Baldeh, this operation will complement the humanitarian and development actions of the vast partnership of the Sahel Alliance Initiative and will support the most vulnerable.

The project is part of the Bank's $10 billion Covid-19 response mechanism. It aims at helping African countries cushion the economic and health impacts of the crisis.

André Chadrak

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Public debt rose to CFA8,606.6 billion by end-October 2025 Domestic debt now exceeds CFA4,391 billion, driven by regional markets Debt arrears...
Togo cut projected 2025 budget revenue by 1% to CFA1,472 billion while raising spending by 2.3% to CFA1,717.1 billion. The revised budget shows a...
Togolese banks granted CFA903 billion in new loans by end-September 2025, up 22% year on year. The National Credit Council cited sustained...
Ecobank and Coris Bank dominate WAEMU public securities market Ecobank leads largest, liquid markets; Coris strong in Sahelian states Banks...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
03

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
04

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
05

Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...

Fitch Says Côte d’Ivoire Has “Left Political Risk Behind” as Rating Upgrade Highlights Strengthening Fundamentals
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.