Somalia: African Development Bank grants of $25 million will bolster budget for COVID-19 responses

The African Development Bank today approved grants worth  $25.1 million to Somalia to bolster the national budget for government efforts to mitigate national and regional impacts of the COVID-19 pandemic.

The funding, comprised a $10.04 million  grant from Pillar 1 of the Bank’s Transition Support Facility and a $15.06 million grant from the Regional Operations Envelope, comes under the umbrella of the Bank’s COVID-19 Response Facility.

Rwanda: African Development Bank commits $98 million for multisector COVID-19 response

The African Development Bank on Thursday approved a concessional loan of $97.675 million to Rwanda to strengthen its national budget as it works to mitigate impacts of the COVID-19 pandemic.

The funding will take the form of an African Development Fund loan, which the Bank is providing the under its COVID-19 Response Facility.

République centrafricaine : la Banque africaine de développement accorde plus de 14 millions de dollars pour lutter contre le Covid-19

Le Conseil administration de la Banque africaine de développement a approuvé, vendredi 24 juillet, à Abidjan, un soutien budgétaire de 14,28 millions de dollars américains à la République centrafricaine pour financer son Programme d’appui en réponse à la pandémie de Covid-19 (PABRC-RCA).

L’aide financière de la Banque se compose d’un don de 6,12 millions de dollars provenant du Fonds africain de développement et d’un autre don de 8,16 millions de dollars, issu du Fonds d’assistance technique.

Uganda: African Development Fund approves $31.6 million loan for COVID-19 response

The Board of Directors of the African Development Fund today approved a $31.6 million COVID-19 Crisis Response Support Program (CRSP) to Uganda to support the government’s response to the COVID-19 pandemic.

The funds are designed as budget support within the framework of the Bank Group’s COVID-19 Crisis Response Facility.

African Development Bank approves $53 million multi-country grant for COVID-19 response in Gambia, Liberia and Sierra Leone

The African Development Bank’s Board of Directors on Friday approved a UA 38.15 million ($53.25 million) multi-country grant to The Gambia, Liberia and Sierra Leone in the form of direct budget support to bolster efforts to fight the COVID-19 pandemic in the three West African countries.

The grant from the African Development Fund (ADF), aims to mitigate the impact of COVID-19 in The Gambia, Liberia and Sierra Leone – known collectively as the GLS countries – by providing budget support to help fund each country’s COVID-19 crisis response.