“To contain the spread of the virus and mitigate its widespread impacts, countries have responded by adopting unprecedented policy measures reflecting a mixture of scientific advice and political considerations.”
“The COVID-19 pandemic has highlighted the weaknesses of the health system in Guinea-Bissau. For the most part, health infrastructure is obsolete and poorly equipped, while an estimated 60% of the population does not have access to a health facility within 5 km.”
“The funds will support AWF’s COVID-19 Recovery Through Water and Sanitation in Africa program, an initiative that relies on a climate-resilient approach to prepare investment in water sector projects that will benefit the vulnerable and underserved poor urban communities.”
“Under the project, four components will be rolled out at national and regional levels: Strengthening health systems and building resilience to respond to COVID-19 and future epidemics and pandemics; enhancing community engagement and risk communication; strengthening laboratory testing and surveillance; and project management.”
“Participation in trade finance activities by banks has slowly but steadily decreased.”
“The African Development Bank’s Board of Directors approved $27.33 million in grants to boost the African Union’s efforts to mobilize a continental response to curb the COVID-19 pandemic. This support will complement various national and sub-regional operations financed by the African Development Bank to contain and mitigate the impacts of the pandemic.”
“There is need for a Marshal Plan on Inclusive Health in Africa and the establishment of an African Phenome Centre to facilitate disease profiling, research, and enhanced precision public health care services in Africa. Increasing investments in Africa-led institutions such as Centers for Disease Control (CDCs) and other policy research institutions is a key to preparing Africa’s readiness for future exogenous shocks such as COVID-19.”
“This mispricing may arise from international investors’ herding behavior in the case of Africa due to more asymmetric information, lack of adequate resources to analyze economic fundamentals due to market size, or institutional reasons such as geographic heuristics for diversification.”
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