World Bank readies Covid-19 vaccine funds for around 30 African countries

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The World Bank is preparing emergency financing to help about 30 African countries access Covid-19 vaccines, the global lender has told Reuters, as the continent scrambles to secure doses and start immunising vulnerable groups.

The World Bank said financing projects were being prepared in African countries including the Democratic Republic of Congo, Ethiopia, Niger, Mozambique, Tunisia, eSwatini, Rwanda and Senegal, without disclosing the amount of support under discussion.

“The funds are available now, and for most African countries, the financing would be on grant or highly concessional terms,” a bank spokesperson said in response to questions.

“This is the first World Bank-financed operation in Africa to support a country’s Covid-19 immunisation plan and help with the purchase and distribution of vaccines,” the spokesperson added.

World Bank Group. — AFP/File
World Bank Group. — AFP/File

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