Public Management

Covid-19: EU pledges $108mln to strengthen response plan in the Sahel

Covid-19: EU pledges $108mln to strengthen response plan in the Sahel
Thursday, 12 November 2020 17:08

The European Union announced the disbursement of $108 million to strengthen the Covid-19 response plan in four Sahelian countries, namely Niger, Burkina Faso, Chad, and Mauritania.

In an official statement, the institution said the money will help the governments offer better healthcare services to their citizens and reduce the social and economic repercussions of the pandemic.

In detail, Niger will receive $44.8 million, higher than the $30 million for Burkina Faso, $20 million for Chad, and $10 million for Mauritania. Through its budget aid, the EU wants to help the targeted countries implement their pandemic response plans, while preserving the fiscal space needed to continue key reforms in other sectors, and without increasing their debt levels.

While the region is already facing a humanitarian and security crisis that is difficult to manage, the covid-19 pandemic represents an additional challenge for Sahelian countries. The latter called on donors to scale up their assistance. According to the latest assessment of the African Union, Niger, Burkina Faso, Chad, and Mauritania have more than 13,285 confirmed cases of Covid-19.

"Today, we reiterate our commitment to strengthen our mobilization for the Sahel in its fight against the pandemic. Beyond a short-term response aimed at meeting the urgent needs of the populations, our objective is also to reduce the economic and social impact of the pandemic, from which Africa in general and the Sahel, in particular, are likely to suffer disproportionately," said EU High Representative Josep Borrell (pictured).

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Bank exits non-sovereign shareholders to protect multilateral status Move aims to avoid losses in future sovereign debt restructurings Institution...
Awash Bank becomes fourth company listed on Addis exchange Move adds depth to a market launched in 2025 Listing reflects broader financial sector...
New agency aims to mobilize public savings for business financing Initiative targets key sectors including agriculture and mining Move...
Norfund and Ghanaian pension manager Axis Pension Trust commit a combined $20 million to Growth Investment Partners, BII's SME platform in...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
04

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
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.