Updates

AfDB approves $4 million grant to bolster South Sudan’s COVID-19 response

As of June 15, 2020, the country had reported 1,693 cases, 27 deaths and 49 recoveries June 17, 2020/AfDB The Board of Directors of the African Development Bank (www.AfDB.org) on Wednesday approved a UA 3 million ($4.16 million) grant to South Sudan to support the emergency response to COVID-19 and […]

AfDB approves 225 million euros budget support loan for electricity sector to bolster economic resilience and sustainability amid COVID-19

June 17, 2020/AfDB The Board of Directors of the African Development Bank (https://www.AfDB.org/) on Wednesday approved a 225 million euros loan to finance Egypt’s Electricity and Green Growth Support Program (EGGSP). The funding, provided in a challenging global context, will help meet the Government of Egypt’s financing requirements in the […]

EBRD and Oxfam to strengthen community resilience

June 17, 2020/EBRD By Nibal Zgheib The European Bank for Reconstruction and Development (EBRD) and Oxfam, one of the world’s leading charities, are joining forces to strengthen the communities where they work and to promote sustainable civil societies in light of the coronavirus pandemic. In a Memorandum of Understanding signed today by EBRD President […]