South Africa: African Development Bank approves first ever crisis response budget support of R5 billion to fight COVID-19

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 caseloads in the world. South Africa confirmed its first case of COVID-19 on 5 March 2020 and is currently the […]

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 Sout...

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