28 C
Lagos
Saturday, September 26, 2020
Subscribe to News360 Info by Email
Home Business The approve of $27.33m for African Union’s COVID-19 Response Initiative

The approve of $27.33m for African Union’s COVID-19 Response Initiative

Global day of prayer with Rev Chris Oyakhilome

The African Development Bank’s Board of Directors on Wednesday approved $27.33 million in grants to boost the African Union’s (AU) efforts to mobilize a continental response to curb the COVID-19 pandemic.

The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government with Africa’s private sector on 22 April 2020, chaired by H.E. Cyril Ramaphosa, President of South Africa and chairperson of the AU, at which the Bank’s President, Akinwumi Adesina, pledged strong support for the AU’s COVID-19 initiative.

The AU Bureau meeting called for contributions to the African Union’s COVID-19 Response Fund established by the AU Commission chairperson, Mr. Moussa Faki Mahamat, in March 2020.

Speaking after the Board approval of this operation, President Adesina said: “with this financing package, we are reaffirming our strong commitment to a coordinated African response in the face of COVID-19. Most importantly, we are sending a strong signal that collectively, the continent can address the pandemic, which is straining health systems and causing unprecedented socio-economic impacts on the continent.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Minister of Interior Aregbesola pens inspiring love story on how he met his wife

While we may know almost everything about Ogbeni Aregbesola’s political career, how much do we really know about his love life.

Zubby Michael rains Naira on Rachael Okonkwo at mother’s burial

It was a rain of Naira as Nollywood actor, Zubby Michael sprayed money on actress Rachael Okonkwo during the burial of her...

Trump settles for Amy Coney Barrett for SCOTUS

Multiple reports indicated Friday that US President Donald Trump will name today conservative federal appeals court judge Amy Coney Barrett to fill...

Osinbajo rejoices with Pa Fasoranti who clocks 94

Vice President Yemi Osinbajo, on Friday, felicitated with elder statesman, Pa Reuben Fasoranti, on the occasion of his 94th birthday.

Recent Comments