Recently it was announced that very large sums of money emanating fom various sources have been ear-marked for aid to the South African government to help it address problems arising from the Covid-19 epidemic. An amount of 4,3 billion Dollars … Read the rest
Tag: African Development Bank
South Africa to receive R5 billion in Covid-19 funding from African Development Bank
ABIDJAN, Ivory Coast. The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of approximately R5 billion ($288 million) to the government of South Africa, as the country battles one of the largest COVID-19 … Read the rest
World Bank warms to Zim
THE World Bank and donors will next year contribute more than $100 million to the Zimbabwe Reconstruction Fund as the Bretton Woods institute warms up to re-engagement with Zimbabwe following years of acrimony.
Six donors, the European Union, United Kingdom, … Read the rest