Tag: Development finance

Unless countries across the world act together now, the COVID-19 pandemic will cause “unimaginable devastation and suffering around the world”, UN Secretary-General António Gu...

The 2nd edition of the African Regional Integration Index will be launched tomorrow. Further details of the webinar can be accessed here. South Africa: Masondo punts com...

Unprecedented Crisis Could Push Up to 60 Million into Extreme Poverty The World Bank Group on 19 May 2020 announced its emergency operations to fight COVID-19 (coronavirus) have r...

Through a virtual consultative meeting held on 12 May, 2020, co-chaired by the SADC Executive Secretary, Her Excellency Dr. Stergomena Lawrence Tax, and Ms. Deborah Wetzel, the Dir...

The COVID-19 (Coronavirus disease 2019) pandemic is an unprecedented crisis facing the world and the global economy. Its social, welfare, health and economic consequences have been...

There will be no return to the “old normal,” governments must act to create a new economy and more jobs. The urgent health crisis that is COVID-19 has created a historic reces...

Government has announced a massive social relief and economic support package of R500 billion which amounts to around 10% of Gross Domestic Product (GDP) to mitigate against the bl...

Tomorrow: President Ramaphosa engages African business leaders on the impact of COVID19 Members of the AU Bureau, other invited Heads of State and/or Government, the African Centr...

The heads of major UN humanitarian agencies and offices have launched an urgent appeal for $350 million to support global aid hubs to help those most at risk during the COVID-19 pa...

The world is experiencing unprecedented challenges from COVID-19 – the coronavirus pandemic – that could erase development gains for many countries. The pandemic has profoundly...

The World Bank Group and International Monetary Fund on Friday convened African leaders, bilateral partners, and multilateral institutions to spur faster action on COVID-19 respons...

The Economic Commission for Africa (ECA), in a new report on the coronavirus pandemic, says over 300,000 Africans could lose their lives due to COVID-19. This, as the pan...

Extracts from the press briefing held on 15 April 2020 at the IMF-World Bank Virtual Spring 2020 Meetings, with Mr. Abebe Aemro Selassie, Director of the IMF’s African Depar...

The Covid-19 pandemic is expected to deepen South Africa's economic woes, and is expected to push the economy into a deep recession during 2020. At a media briefing today, Finance...

COVID-19 is a global crisis affecting the whole world. As the days go by the impact of the crisis becomes more visible and more general. Though hit later, Africa is already facin...

60 International agencies urge rapid, coordinated response as pandemic threatens to destabilize poor countries’ finances Governments must take immediate steps to prevent a poten...

For Sub-Saharan Africa, Coronavirus crisis calls for policies for greater resilience Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbre...

Immediate call for $100 Billion support and agreement the crisis is deep and recovery will take much longer In the context of the outbreak of the coronavirus in Africa, the second...

The African Development Bank Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility...

Diarise: International Organisation of Employers digital conference, tomorrow, on the impact of COVID-19 on global trade, supply chains and employment The IMF will releas...