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Coronavirus: The World Bank Offers $ 270 Million to 11 African Countries

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.

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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.

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Written by How Africa

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