The Central Bank of Nigeria (CBN) has explained that the US$260mn credit, which has been extended to the country’s health sector to ameliorate COVID-19 impact on the economy, will operate until 2030
Finance
AfDB approves GETF and financial mechanism to boost gender equality
The African Development Bank (AfDB) has approved a Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women’s empowerment across the continent
UNDP seeks COVID-19 support for vulnerable countries
The growing COVID-19 crisis threatens to disproportionately hit developing countries, as a health crisis in the short term and as a devastating social and economic crisis over the months and years to come
Africa’s women leading Africa into greatness
Africa has reported more than 1,000 positive COVID-19 cases (45 of the 54 countries now bearing confirmed cases) and more than 40 deaths, according to John Hopkins University
Somalia receives debt relief, World Bank and IMF call for global payment suspension
The United Nations official in Somalia congratulated the Horn of Africa nation for achieving the benchmark set by the World Bank and the International Monetary Fund (IMF), confirming its eligibility for debt relief