African Development Bank Group (AfDB) / Press release | Mau

African Development Bank Group (AfDB) / Press release | Mauritius: JICA provides $289 million support to fight COVID-19 under initiative with African Development Bank


Mauritius: JICA provides $289 million support to fight COVID-19 under initiative with African Development Bank
The loan is a parallel co-financing agreement between JICA and the African Development Bank under the Enhanced Private Sector Assistance for Africa joint initiative to spur private
PRETORIA, South Africa, February 28, 2021/APO Group/ --
The Japan International Cooperation Agency (JICA) has extended an Official Development Assistance loan of up to 30 billion Japanese yen ($289 million) to support Mauritius’ response to the COVID-19 pandemic and rebuild its economy.
The loan, signed on 24 February, is a parallel co-financing agreement between JICA and the African Development Bank under the Enhanced Private Sector Assistance for Africa (EPSA) joint initiative to spur private sector-led sustainable and inclusive growth in Africa. The co-financing arrangement will help the Mauritius government contain the pandemic, secure livelihoods, and boost the resilience of the economy.

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