World Bank launches $200m Ebola fund

The World Bank announces that it is allocating $200m in emergency assistance to help West African countries contain the Ebola outbreak.

World Bank President Jim Yong Kim announces $200m in emergency assistance to help West African countries contain the Ebola outbreak.

New GDP Estimates Show International Support Vital to Speed Recovery

The World Bank Group (WBG) announced today that it would provide at least US$650 million during the next 12 to 18 months to help Guinea, Liberia and Sierra Leone recover from the devastating social and economic impact of the Ebola crisis and advance their longer-term development needs. The new WBG pledge brings the organization’s total financing for Ebola response and recovery efforts to date to US$1.62 billion.

The...

The president of the World Bank makes an emotional appeal for 5,000 medical workers to volunteer and help contain the growing Ebola outbreak.

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World Bank Group President Jim Yong Kim.

Significant new assistance planned for hardest-hit countries

Following alarming evidence of the spread of the Ebola epidemic in West Africa, the World Bank Group today announced that it will nearly double its financing to $400 million to help the worst-affected countries address the emergency and build stronger health systems for the years ahead

This represents $170 million in new funding. With today’s announcement, the Bank will put $230 million...

Makhtar Diop, World Bank Vice President for Africa.

Record 10,500 tons of seed to be delivered for April planting season

In a concerted push to revive agriculture and avert hunger in Ebola-hit countries, the World Bank Group has mobilized up to $15 million in emergency financing to provide a record 10,500 tons of maize and rice seed to over 200,000 farmers in Guinea, Liberia and Sierra Leone in time for the April planting season.

More than one million people could go hungry unless they...

>TradeMark East Africa (TMEA) has set aside a total of $15 million (about Sh25.5 billion) that will be awarded to investors in the transport sector who may come up with projects that will reduce transportation costs across the region.

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