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COVID-19: W'Bank mobilises $100bn support fund for Nigeria, others


COVID-19: W’Bank mobilises $100bn support fund for Nigeria, others
The Punch
The World Bank has said that it will mobilise an IDA20 replenishment envelope of at least $100bn to help Nigeria and other members of the International Development Association to quicken their recovery from the COVID-19 pandemic.
It disclosed this on Thursday in a statement titled ‘African heads of state call for an ambitious replenishment of the IDA20 to support their recovery agenda’.
The statement said this was disclosed after 13 African heads of state and governments concluded their one-day meeting in Abidjan on Thursday with a strong resolution to accelerate economic recovery from the shocks of the COVID-19 pandemic, scale-up investments in human capital, and increase their job creation efforts. ....

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