Tag: Development finance

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...

The economic impacts of the COVID-19 pandemic on African countries will be known only after the situation is brought under control. There will be immediate shocks to livelihoods, a...

The consequences of a combined health pandemic and a global recession will be catastrophic for many developing countries and halt their progress towards the Sustainable Development...

This is a global crisis affecting the whole world. Africa, however, will be hit harder with a heavy and durable economic toll, which will threaten progress and prospects, widen ine...

Tomorrow: G20 leaders will convene by video conference to discuss coronavirus Leaders from the Group of 20 major economies will convene a video conference on Thursday to discuss t...

Focus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis The World Bank and IFC’s Boards of Directors on 17 March 2020 approved...

Underway in Addis Ababa: The 33rd AU Summit kicks off with the 39th Session of the Permanent Representatives Committee For two days, the 39th Session of the PRC will consider the ...

Starting tomorrow, in Pretoria: 15th Replenishment of the African Development Fund Representatives of donor governments will meet from 4-5 December in Centurion to conclude the 15...

Diarise: (i)   Africa’s money for African development: A future beyond aid (7 November, Accra).  The event is part of series of high-level meetings to be held by...