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    1.0.30

    AfDB Approves $13.7 Million Grant to Zimbabwe

    Mwakaneno
    By Mwakaneno Gakweli
    - May 19, 2020
    - May 19, 2020
    African Wall StreetPress Releases
    AfDB Approves $13.7 Million Grant to Zimbabwe

    The African Development Bank (AfDB) has given Zimbabwe a grant worth $13.7 million to help the country fight COVID-19. The grant will fund Zimbabwe’s COVID-19 Response Project (CRP), focusing on 15 high-density suburbs in Harare, among other areas.

    “The CRP will focus on 15 high-density urban suburbs in Harare the capital, satellite townships and targeted health facilities in other areas of the country,” revealed an AfDB statement.

    SEE ALSO: Somalia Receives $137.5 Million World Bank Grant

    The lifeline fund comes at a critical time when Zimbabwe cannot access aid due to her debt arrears with lenders like the IMF and the World Bank.

    An AfDB statement revealed that the fund will supply medical equipment and dig up boreholes to set up hand-washing stations. The World Health Organization will implement the project through the Ministry of Health. The project expects to benefit more than 680,000 people by strengthening the country’s health sector.

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