News
06 April 2020

AFC commits funding to Central Bank of Nigeria for COVID-19 fight

Region:
Middle East & Africa

Africa Finance Corporation is to provide over NGN500 million to the Central Bank of Nigeria (CBN) Private Sector Coalition against the coronavirus pandemic, aimed at targeting interventions in emergency hospitals in Lagos and Abuja.

AFC is also providing critical medical supplies to the Nigeria Center for Disease Control to enhance its capacity as it manages the increasing number of COVID-19 cases in Nigeria. 

AFC’s commitment will go towards building temporary medical facilities and procuring medical equipment and supplies for professional treatment and care for people infected by the virus. It will also go towards the prevention of infection in highly affected cities in Nigeria including Lagos and Abuja. 

The temporary medical facilities will be fully equipped and staffed with adequate health personnel to offer professional treatment and made operational imminently by the relevant State Governments.

You might also like


Perspective
08 October 2026

Who will finance Italy’s FER-X buildout?

Italy’s new renewables incentives regime looks bankable – and the EIB, CDP and SACE are queuing up to support the build-out. Sunprime’s €507 million programme illustrates how...

Video
12 October 2026

Revego's CIO on Why Africa's $120 Billion Infrastructure Gap...

In this episode of Uxolo: In-Depth With, Jessica Brown speaks with Ziyaad Sarang, Chief Investment Officer at Revego Fund Managers, about the fund's unusual place in African...