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AfDB announces US$10 billion virus plan

The African Development Bank Group launched emergency measures to provide up to US$10 billion in credit for those struggling with the coronavirus pandemic.

Ebola survivor and nurse Siah Tamba suits up at an Ebola treatment clinic
Ebola survivor and nurse Siah Tamba suits up at an Ebola treatment clinic run by Liberia and the International Organization for Migration (AN/Martine Perret)

The African Development Bank Group launched a package of emergency measures on Wednesday to provide up to US$10 billion in credit for governments and businesses struggling to confront the global coronavirus pandemic.

The emergency measures, dubbed the COVID-19 Response Facility, will serve as Ivory Coast-based AfDB's primary channel for its efforts to address the pandemic, the international organization said in a statement.

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