The Board of Directors of the African Development Fund have approved a $9.8 million grant to Guinea Bissau for its national Control Support Project (PALPC), aimed at reducing the spread of the COVID-19 virus and boosting the resilience of health system and communities, especially the most vulnerable.
Guinea Bissau has been affected by the COVID-19 pandemic which has led to food shortages, economic pressure and reduced livelihood opportunities in the West African nation.
The PALPC operations will target particularly vulnerable households, including those headed by women, and the poorest communities. The program will be implemented by the country’s High Commission for the fight against COVID-19 with assistance from UNICEF.
The COVID-19 pandemic has highlighted the weaknesses of the health system in Guinea-Bissau. For the most part, health infrastructure is obsolete and poorly equipped, while an estimated 60% of the population does not have access to a health facility within 5 km. The West African country has one of the worst maternal and infant mortality rates in the world.
The health crisis is expected to compound joblessness, which stands at 11.6% and especially affects the youth. Like most of Africa, Guinea Bissau’s government reacted swiftly after COVID-19 arrived, closing all border entry points and imposing a country-wide curfew. All schools were closed since the third week of March 2020 and reopened in October 2020. Before the COVID-19 pandemic, Guinea-Bissau's economy was expected to grow at a sustained rate of 5% in 2020, but this has been revised downwards. The sharp drop in cashew nut exports is likely to lead to a decline in tax revenues and a deterioration in the country's fiscal deficit, which is expected to rise from 3.1% of GDP before the pandemic in 2020 to a range of 4.5-4.8% of GDP.
The project is in line with Guinea Bissau's response and contingency plan and aligns with the Bank's High 5 agenda on ‘improving the quality of life for the people of Africa.’ It is consistent with the Human Capital Strategy 2014-2018, extended to 2021, and in line with the Bank's Strategy for Addressing Fragility and Building Resilience.
The project also aligns with the Bank's Second Climate Change Action Plan, which focuses on a climate-resilient economy and the development of sustainable urban and health infrastructure resilient to the impacts of climate change.
The Bank announced a COVID-19 Response Facility in March to proactively support member countries and regional institutions, including the Africa Centres for Disease Control and Prevention (CDC Africa), to which funds have been granted for health system resilience and epidemiological surveillance.
Marie Laure Akin-Olugbade , Director General, Regional Operation for West Africa said the Bank’s extensive experience in projects aimed at controlling infectious epidemics and diseases such as Marburg disease and Ebola had enabled it to respond quickly. “The Bank's experience gained in operations in countries in fragile situations and the control of epidemics informed the project’s design, namely: the importance of carrying out community-based actions, the need, during health crises, to strengthen health systems and contracting with UN agencies to support the government in carrying out interventions,” she said.
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Angola receives 596 investment proposals worth $21.8 billion in five years About 80% of proposals came from Chinese investors Reforms and...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products,...
Mali is seeking to strengthen digital skills training as part of its digital transformation strategy. The issue was discussed between Mali’s ICT...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...