Friday 14th August 2020
Friday, 14th of August 2020
Home / Health / Gambia, Liberia, Sierra Leone get $53m AfDB multi-country COVID-19 grant

Gambia, Liberia, Sierra Leone get $53m AfDB multi-country COVID-19 grant

The African Development Bank (AfDB) on Friday, July 24, 2020 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.

Akinwunmi Adesina
AfDB president, Akinwunmi Adesina

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.

The multi-country grant comprises an ADF grant of UA 5 million and a TSF grant of UA 5 million to the Republic of The Gambia; an ADF grant of UA 10.15 million to the Republic of Liberia; and an ADF grant of UA 18 million to the Republic of Sierra Leone.

ALSO READ:  Groups advocate regular hand washing to curb Covid-19

Gambia, Liberia and Sierra Leone are countries in “transition,” with similar challenges regarding macroeconomic stability, fragility, competitiveness and growth. Liberia and Sierra Leone were severely impacted by the Ebola pandemic between 2014 and 2016, while The Gambia is undergoing a transition after the departure of President Yahya Jammeh in 2016.

Upon declaration of first cases of COVID-19 in the three countries in March, they took urgent steps to put in place contingency plans to prevent and contain the virus. However, infection cases have been on the rise. As of July 22, there were 146 confirmed cases in The Gambia; 1,114 cases in Liberia; and 1,731 cases in Sierra Leone.

ALSO READ:  Scientists say up to 50,000 COVID-19 deaths possible in South Africa

The direct beneficiaries of programmes financed by the grant will include vulnerable female-headed households, orphans, and school-going children. The business community, and targeted small and medium-sized enterprises in particular, will benefit from economic resilience support, while the population at large will be cushioned against the effects of the pandemic.

The multi-country grant falls under the framework of the bank’s COVID-19 Response Facility of up to $10 billion, the institution’s main channel to cushion African countries from the economic and health impacts of the crisis.

x

Check Also

Dr. John Nkengasong

Africa’s confirmed COVID-19 cases pass 1.06m, death toll nears 24,000

The Africa Centre for Disease Control and Prevention (Africa CDC) has that revealed the number ...

%d bloggers like this: