The World Bank Group has pledged KSh8 billion ($80M) to the Kenyan government to combat COVID-19 and desert locusts.
Kenya has so far confirmed three COVID-19 cases as of Sunday 15/03. The bank committed Ksh6.2 billion ($60M) to help the national government to respond to Covid-19 in the country.
The @worldbank has committed $60M to help GoK respond to #COVID19: $50M from #COVID19 Financing Facility & 10M from Contingency Emergency Response component of Transforming Health Systems for Universal Care Project @citizentv @NationBreaking @K24Tv https://t.co/o3tgUy3kNe pic.twitter.com/MIWk3qQImH
— World Bank Kenya (@WorldBankKenya) March 16, 2020
In a statement via the World Bank Kenya Twitter page, the financial institution announced activation of Ksh1.4 billion ($14M) to enhance the control of the desert locust invasion in Kenya. The funds are drawn from the Contingency Emergency Response Component of the Kenya Climate Smart Agriculture.
The @WorldBank has activated the disbursement of ~$14M to enhance control of the desert locust invasion in #Kenya. The funds are drawn from the Contingency Emergency Response Component of the Kenya Climate Smart Agriculture Proj. https://t.co/PoA5PzkKYo @kilimoKE @HamadiIddiBoga pic.twitter.com/6FL87eKrmB
— World Bank Kenya (@WorldBankKenya) March 15, 2020
READ ALSO
World Bank Partners with Kenya in KSh15 Billion Solar Project
Kenya’s Economy Has Highest COVID-19 Risk Exposure in Africa ~ RMB
Kenya Market Wrap – Kenyan Stocks Hit Historic Lows
Related reporting
More Business News →
High Court Blocks Oigara Bank Fraud Probe as Stanbic CEO Escapes Questioning
15 Proven Ways to Make Money Online in Kenya; No Scams!
High Court Halts Equity Bank's Takeover Bid on Swafi Foods in Landmark Ruling
