Public Management

Covid-19: AU launches platform for medical equipment purchase

Covid-19: AU launches platform for medical equipment purchase
Friday, 19 June 2020 13:03

AU President, Cyril Ramaphosa, launched on June 17 a platform for covid-19 supplies. This was during a virtual meeting with the Extraordinary China-Africa Solidarity Summit against COVID-19.

The strategy is aimed at helping countries easily access critically needed medical supplies to combat the coronavirus. Afreximbank and Eximbank of China have been entrusted with the management of this new instrument.
“We have an urgent need for medical supplies, testing equipment and facilities to isolate and quarantine people, laboratories, personal protection equipment and ventilators […] Although the number of infections in Africa is currently lower than elsewhere in the world, there is an expectation that the worst is still to come, with dire social and economic consequences,” Ramaphosa said, speaking about the necessity of such an initiative.

In addition, the African Union also announced the creation of an African COVID-19 Response Fund to raise money for the continent’s response plan against the pandemic.

Latest AU data show 250,000 positive cases of coronavirus across the continent with more than 6,700 deaths.

André Chadrak

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Funds to support debt repayment, health, salaries, and fiscal reforms Marks renewed cooperation after 2021 freeze in French aid The French...
New facility supports AML/CFT tech upgrades amid global scrutiny Initiative aims to reduce de-risking, support trade and financial access The...
Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M funding to expand digital and traditional banking New...
Absa to acquire Standard Chartered’s retail, wealth units in Uganda Deal aligns with Absa’s regional growth, pending regulatory approval Standard...
Most Read
01

BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...

China's BYD Plans 300-Station EV Charging Network for South Africa
02

Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...

Kenya Plans National Drone Rollout to Modernize Farming
03

Diaspora sent $990M to CEMAC via mobile money in 2023 Europe led transfers; Cameroon dominat...

Mobile Money Transfers to CEMAC Near $1B in 2023
04

TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...

Gabon Seeks Foreign Partners to Revive Declining Oil Sector
05

IMF cuts WAEMU 2025 growth forecast to 5.9% Strong demand, services, and construction support...

IMF Lowers WAEMU Bloc’s Growth Forecast to 5.9% for 2025, Benin Now Leading
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.