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
A.P. Moller Capital raised 2.24 billion dirhams ($243 million) for APM Capital Morocco Fund, dedicated to transport and logistics. The fund...
Pictet opens first African office in South Africa Group manages $955 billion in assets South Africa hosts 41,100 dollar millionaires in...
NSIA Finance becomes NSIA Capital to reflect broader investment ambitions Group aims to mobilize more capital and expand advisory and funding...
Net profit reaches CFA413.6bn ($744m), with 21.5% margin Data and broadband fuel revenue growth of 8.3% to CFA1,923bn Board proposes CFA1,933...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
03

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
04

Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...

Morocco: Safran Announces $305 Million Investment to Build One of the World's Largest Landing Gear Plants
05

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
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.