The Board of Directors of the African Development Bank, today approved an €188 million loan to support the Government of Kenya’s efforts to respond to the COVID-19 pandemic and mitigate the related economic, health and social impacts.
The loan will extend additional resources to Kenya as the country takes steps to contain the spread of the pandemic and deal with its unprecedented impact.
“We are very pleased to join other development partners in supporting the Government of Kenya’s efforts in mitigating the financial impact of the pandemic, especially in terms of the country’s expenditure in the health, social and economic sectors.
In April, the Bank extended an emergency grant to help countries in the East and Horn of Africa, including Kenya, that are contending with swarms of locusts that are threatening food security.
He added that the government recognizes truck drivers and their counterparts in the transport industry for their continued support to ensure adequate supplies of goods across the East African countries and for enduring long journey and waiting times at border points as each country tries to be vigilant in their containment measures against COVID.