Creating the conditions conducive to the economic growth of African countries, supporting small and medium-sized enterprises and protecting the most vulnerable populations, these are the objectives targeted by the World Bank Group. This institution has disbursed, to do this, $ 270 million for the benefit of 11 countries in East, Central and West Africa.
Ethiopia is the one with the biggest money, $ 82.6 million, followed by Kenya ($ 50 million), the Democratic Republic of Congo, 47, $ 2 million), Ghana 35 and the Senegal 20 million dollars.
This windfall, which is part of the World Bank’s assistance to the developing country in the fight against the coronavirus, is part of a global envelope of $ 1.9 billion.
The other 6 beneficiaries are Gambia, 10 million, Sierra Leone 7.5 million, Mauritania ($ 5.2 million), Cape Verde ($ 5 million), Djibouti ($ 5 million), Sao Tome and – Principle ($ 2.5 million).
An offer of 160 billion is also planned by the Bretton Woods institution in the coming weeks to support measures to fight the pandemic.