• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, October 24, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

AfDF approves $9.8 million to Guinea-Bissau

M.Cby M.C
December 18, 2020
Reading Time: 3 mins read
M.Cby M.C
in Africa
0
AfDF approves $9.8 million to Guinea-Bissau

Guinea Bissau

The Board of Directors of the African Development Fund (AfDF) has approved a $9.8 million grant to Guinea Bissau for its national Control Support Project (PALPC), aimed at reducing the spread of the COVID-19 virus and boosting the resilience of the health system and communities, especially the most vulnerable.

Guinea Bissau has been affected by the COVID-19 pandemic which has led to food shortages, economic pressure, and reduced livelihood opportunities in the West African nation.

The PALPC operations will target particularly vulnerable households, including those headed by women, and the poorest communities. The program will be implemented by the country’s High Commission for the fight against COVID-19 with assistance from UNICEF.

RelatedPosts

Madagascar Swears In Colonel Michael Randrianirina As President

State Funeral Held For Kenya’s Raila Odinga

Military Leader To Be Sworn In As Madagascar’s President

The COVID-19 pandemic has highlighted the weaknesses of the health system in Guinea-Bissau.

The African Development Bank (AfDB) indicated that the health infrastructure in most parts of the country is obsolete and poorly equipped, while an estimated 60% of the population does not have access to a health facility within 5 km. The West African country has one of the worst maternal and infant mortality rates in the world.

The AfDB noted that the health crisis is expected to compound joblessness, which stands at 11.6% and especially affects the youth.

ADVERTISEMENT

Like most of Africa, Guinea Bissau’s government reacted swiftly after COVID-19 arrived, closing all border entry points and imposing a country-wide curfew. All schools were closed since the third week of March 2020 and reopened in October 2020.

Before the COVID-19 pandemic, Guinea-Bissau’s economy was expected to grow at a sustained rate of 5% in 2020, but this has been revised downwards. The sharp drop in cashew nut exports is likely to lead to a decline in tax revenues and a deterioration in the country’s fiscal deficit, which is expected to rise from 3.1% of GDP before the pandemic in 2020 to a range of 4.5-4.8% of GDP.

The project is in line with Guinea Bissau’s response and contingency plan and aligns with the Bank’s High 5 agenda on ‘improving the quality of life for the people of Africa.’ It is consistent with the Human Capital Strategy 2014-2018, extended to 2021, and in line with the Bank’s Strategy for Addressing Fragility and Building Resilience.

The project also aligns with the Bank’s Second Climate Change Action Plan, which focuses on a climate-resilient economy and the development of sustainable urban and health infrastructure resilient to the impacts of climate change.

The Bank announced a COVID-19 Response Facility in March to proactively support member countries and regional institutions, including the Africa Centres for Disease Control and Prevention (CDC Africa), to which funds have been granted for health system resilience and epidemiological surveillance.

Marie Laure Akin-Olugbade, Director General, Regional Operation for West Africa stated that the AfDB’s extensive experience in projects aimed at controlling infectious epidemics and diseases such as Marburg disease and Ebola had enabled it to respond quickly.

“The Bank’s experience gained in operations in countries in fragile situations and the control of epidemics informed the project’s design, namely: the importance of carrying out community-based actions, the need, during health crises, to strengthen health systems and contracting with UN agencies to support the government in carrying out interventions,” she said.

READ ALSO: AfDB donates US$20.55 million to Burundi

Please login to join discussion
Previous Post

COVID vaccines must be made available ‘everywhere’-UN

Next Post

2021 Census: Ghana Statistical Service Projects 31 Million People

Subscription Form

Related Posts

Madagascar Swears In Colonel Michael Randrianirina As President
Africa

Madagascar Swears In Colonel Michael Randrianirina As President

October 17, 2025
Kenyan opposition leader Raila Odinga.
Africa

State Funeral Held For Kenya’s Raila Odinga

October 17, 2025
Military Leader To Be Sworn In As Madagascar’s President
Africa

Military Leader To Be Sworn In As Madagascar’s President

October 17, 2025
Kenyan opposition leader Raila Odinga.
Africa

Kenya’s Raila Odinga Dies Of Heart Attack

October 15, 2025
Rajoelina Dissolves Madagascar’s National Assembly
Africa

Rajoelina Dissolves Madagascar’s National Assembly

October 16, 2025
Cameroon Goes To The Polls
Africa

Cameroon Goes To The Polls

October 13, 2025
Bosomtwe DCE Summons Traditional Leaders over Galamsey
Extractives/Energy

Bosomtwe DCE Summons Traditional Leaders over Galamsey

by Bless Banir YarayeOctober 24, 2025
Sworn-in High Court Judges
General News

Uphold Justice with Integrity, Compassion – Mahama Urges New High Court Judges

by evansjrOctober 24, 2025
Per Diem Allegations Baseless, MP Defends Former CJ Torkornoo
General News

Hon. Tampuli Defends Rallying Behind Dr. Bawumia, Calls for Unity and Accountability

by Silas Kafui AssemOctober 24, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
USA

Trump Terminates Trade Talks With Canada

by Comfort AmpomaaOctober 24, 2025
63 MPs Bawumia Endorsement, Political Showmanship: Kennedy Agyapong’s Camp Reacts
General News

63 MPs Bawumia Endorsement, Political Showmanship: Kennedy Agyapong’s Camp Reacts

by Emmanuel Tibila BoasahOctober 24, 2025
GSE Financial Index Defies Odds, Hits Fresh High Despite Benchmark Dip
Securities/Markets

GSE Financial Index Defies Odds, Hits Fresh High Despite Benchmark Dip

by M.COctober 24, 2025
Bosomtwe DCE Summons Traditional Leaders over Galamsey
Sworn-in High Court Judges
Per Diem Allegations Baseless, MP Defends Former CJ Torkornoo
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
63 MPs Bawumia Endorsement, Political Showmanship: Kennedy Agyapong’s Camp Reacts
GSE Financial Index Defies Odds, Hits Fresh High Despite Benchmark Dip

Recent News

Bosomtwe DCE Summons Traditional Leaders over Galamsey

Bosomtwe DCE Summons Traditional Leaders over Galamsey

October 24, 2025
Sworn-in High Court Judges

Uphold Justice with Integrity, Compassion – Mahama Urges New High Court Judges

October 24, 2025
Per Diem Allegations Baseless, MP Defends Former CJ Torkornoo

Hon. Tampuli Defends Rallying Behind Dr. Bawumia, Calls for Unity and Accountability

October 24, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation

Trump Terminates Trade Talks With Canada

October 24, 2025
63 MPs Bawumia Endorsement, Political Showmanship: Kennedy Agyapong’s Camp Reacts

63 MPs Bawumia Endorsement, Political Showmanship: Kennedy Agyapong’s Camp Reacts

October 24, 2025
GSE Financial Index Defies Odds, Hits Fresh High Despite Benchmark Dip

GSE Financial Index Defies Odds, Hits Fresh High Despite Benchmark Dip

October 24, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address