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African Bank approves $27m to boost AU’s Post-COVID-19 recovery initiative

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The AU will receive 27 million dollars for its efforts to spur post-pandemic recovery on the African continent, the African Development Bank announced.

The AU is a continental block consisting of 55 African states and is aimed at making regional and international efforts for Africa’s development.

“The African Development Bank will strongly support Africa to get through the COVID-19 pandemic and build back, strongly, and smartly.

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“The Bank’s financial support [of 27.33 million dollars in grants] to the Africa Centres for Disease Control reaffirms our strong commitment to regional efforts to tackle the pandemic being coordinated by the AU.

“Africa needs a well-financed Africa Centres for Disease Control, today and for the future,” the Bank’s President, Akinwumi Adesina, said late on Wednesday.

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Adesina added that the grants would be aimed particularly at providing technical assistance, strengthening the epidemiological surveillance and testing capacity for the African countries.

The AU has set up the COVID-19 Response Fund to raise funds for the continental response to the pandemic and distribute them among the member states.

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Meanwhile, the daily numbers of new COVID-19 infections in Africa have been falling over the past few weeks, with a cumulative total of more than one million cases and more than 23,000 fatalities.

However, the World Health Organisation advised the African governments to remain vigilant over the virus and keep preventive measures in effect.





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