World Bank approves US$ 400 million credit for Nigeria to fight COVID-19

NIGERIA – The World Bank has approved US $400 million credit for Nigeria, to help fund COVID-19 vaccines for its citizens. The fund, according to the World Bank, is intended to provide upfront funding for safe and effective COVID-19 vaccine acquisition and deployment within the country, and it will be implemented as part of the COVID-19 Preparedness and Response Project. The additional funding from the International Development Association (IDA) will cover the purchase and distribution of COVID-19 vaccine across the country, and will enable Nigeria to vaccinate 51 percent or…

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KUTRRH gets 20,000-liter oxygen tank support from World Bank

KENYA – The MOH-Kenya has officially commissioned a 20,000-liter liquid oxygen tank donated by the Ministry of Health through the World Bank, in support o the hospital’s front-line role in combating COVID 19. Dr. Anne Nganga, Project Manager for the COVID 19 Emergency Response Project, represented the Ministry and stated that the Government of Kenya will continue to support all institutions involved in the COVID 19 fight. Ms. Gladys Ogallo, KUTRRH Board representative, expressed gratitude to the MOH. She thanked the Ministry for their attention to the Hospital and assistance…

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World Bank approves financing to improve women and girl’s access to health in Niger

NIGERIA – The Nigerien government will be able to provide its population with better health coverage with financing approved by the World Bank. This will be enabled by a 15-year multiphase program to innovative and comprehensive nutrition and health interventions to improve health system efficiency, equity, and sustainability, as well as boost girls’ and women’s empowerment. Niger’s health system faces immense challenges. Despite progress in recent years, the country has a high under-five mortality rate of 77 deaths per 1,000 live births in 2020 and stunting continues to have devastating…

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World Bank provides $90m to improve health care access and quality in Chad

CHAD – The World Bank has approved a US$90 million grant from the International Development Association (IDA) to help Chad improve the use and quality of delivery of essential health services. Particular attention will be paid to reproductive, maternal, neonatal, child, and adolescent health, as well as to nutrition services in all health districts in the eight provinces supported by the project. The Health System Performance Strengthening Project (PRPSS) aims to build the capacity of Chad’s health system to offer quality health care at the operational level and increase the…

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World Bank to finance extra COVID-19 jabs for developing nations through COVAX

AFRICA – The World Bank has announced a new financing mechanism which will allow developing countries to purchase COVID-19 vaccines collectively through the COVAX facility. COVAX was set up to ensure 92 developing territories could access coronavirus vaccines to fight the pandemic, with the cost covered by donors. The new mechanism will allow those countries to buy additional doses on top of the subsidized ones they will already receive via COVAX. Using money from the World Bank and other development banks, the facility says it will make advanced purchases from…

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World Bank approves US$100 million toward improving healthcare services in Somalia

SOMALIA – The World Bank, has approved its first investment in Somalia’s health sector in 30 years, which is financed by a US$75 million International Development Assistance (IDA) grant and an additional US$25 million grant from the Global Financing Facility for Women, Children and Adolescents (GFF). The World Bank’s International Development Association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve poor people’s lives. Since inception, IDA has supported development…

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World Bank’s Pandemic Financing Facility bolsters Covid-19 management in Ghana

GHANA – The World Bank, through the Pandemic Emergency Financing Facility (PEF), has provided funds to WHO to enhance the capacity of Ghana’s health system for case management, improve quality of care and early case detection. Since Ghana confirmed the first incidence of Covid-19 in 202, the country has embarked on intense actions to contain the outbreak through instituting proactive measures. Public health measures such as mandatory wearing of facemasks in public places, social distancing, and hand hygiene were instituted to curtail the spread of the virus. However, as the…

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‘War room’ task force convenes to discuss ways on how to help fight COIVD-19 pandemic in developing states

GENEVA – Heads of the World Bank Group (WBG), International Monetary Fund (IMF), World Health organization (WHO) and World Trade organization (WTO) had their first joint task force meeting to discuss and deliberate on COVID-19 Vaccines, Therapeutics and Diagnostics for Developing Countries. The task force dubbed ‘war room’ comes at a crucial time when several developing countries are struggling with new variants and a resurging wave of infections as the dire need of access to vaccines is becoming critical to help curb the pandemic. Out of the issues discussed, accelerating…

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East African nations muster funds to combat the pandemic and restore economic stability

AFRICA – The COVID-19 pandemic is primarily a health crisis and a human tragedy, but it also has far-reaching economic ramifications. As of now, more than 182 million cases of COVID-19 had been recorded worldwide, with nearly 4 million deaths. The number of cases, and deaths, has been growing exponentially. Compared to other regions, the number of recorded cases in Africa is still relatively small, totaling about 5.4 million cases across 47 African countries. Even though the rate of transmission in Africa to date appears to be slower than that…

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World Bank approves new financing to support vaccination campaign in Togo

TOGO – The World Bank has approved a $29.5 million financing to help Togo ‘proceed to the vaccination of its population against the coronavirus and better tackle public health emergencies. The funds break down into $25 million from the International Development Agency (IDA) and $4.5 million from the Health Emergency Preparedness & Response multi-donor trust fund. This should, in effect, enable the West African country to boost the distribution of vaccines and have an appropriate health system that will ensure the success of the ongoing vaccination campaign. The new financing…

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