News
26 June 2020

African Development Fund boosts COVID-19 fight in 6 countries

In:
Social infrastructure
Region:
Middle East & Africa

The African Development Fund has approved nearly $8.9 million in grant funding to bolster COVID-19-related control measures in six Southern African Development Community countries.

The funds will facilitate the procurement of laboratory and medical supplies, including testing kits, personal protective gear and non-invasive ventilators in Lesotho, Malawi, Madagascar, Mozambique, Zambia and Zimbabwe.

The pandemic is projected to have a substantial economic impact on the SADC member countries. For instance, real GDP in all the SADC countries, except Zimbabwe, is forecast to contract in 2020.

You might also like


Perspective
22 June 2026

Uxolo at Global 26: Getting with the programme

Development finance lenders are continuing to innovate, despite a less promising backdrop. But making those innovations stick, as speakers at Uxolo's Global 2026 suggest, will...

Video
25 June 2026

Exiled: Sacit Akbaş, YEO Teknoloji

Sacit Akbaş, Head of Investments at YEO. Having begun his career as a civil engineer before specialising in geotechnical engineering in the United States, Sacit has spent more...