Africa: Covid-19 – WBG to Assist African Countries Recover Fast

The World Bank Group (WBG) will continue to support African governments’ efforts to ensure fast recovery from the coronavirus (COVID-19) pandemic, Country Director for the World Bank, Pierre Laporte, has said.

He said the pandemic had seriously affected the global economy and the growth of African economies.

Speaking during the virtual celebration of the International Day for the Eradication of Poverty-End Poverty Day 2020 yesterday, Mr Laporte said the WBG response in helping African countries combat COVID-19 and rebuild their economies had been focused on three stages and strategies.

They are the relief stage, which involves emergency response to the health, social, economic and financial impacts of the pandemic, the restructuring stage focusing on strengthening health systems for the pandemic readiness, restoring human capital and recapitalisation of firms and financial institutions.

The resilient recovery stage, Mr Laporte said emphasised on opportunities to build sustainable and resilient economies in a world transformed by the pandemic.

The programme on the theme “Charting the Road to a Resilient Recovery,” was used to launch the Blog4Dev 2021 to mobilise the youth to partner with the government to address the impact of the coronavirus pandemic and build a stronger economic system post-pandemic.

In Ghana, he said, they supported the country with $100 million through the WBG global emergency health programme to enable the country to procure personal protective equipment, recruited and trained health professionals on surveillance, detection, prevention and control of the pandemic.