Skip to content

AfDB announces US$10 billion virus plan

The African Development Bank Group launched emergency measures to provide up to US$10 billion in credit for those struggling with the coronavirus pandemic.

The African Development Bank Group launched a package of emergency measures on Wednesday to provide up to US$10 billion in credit for governments and businesses struggling to confront the global coronavirus pandemic.

The emergency measures, dubbed the COVID-19 Response Facility, will serve as Ivory Coast-based AfDB's primary channel for its efforts to address the pandemic, the international organization said in a statement.

This article is for paying subscribers only

Join now

Already have an account? Log in

Latest