News & Analysis: Multilaterals

Telcos, UN agency and health ministries in Africa partner on a COVID-19 mobile platform

“Major telecoms in Africa jointly with health ministries, and the United Nations Economic Commission for Africa (ECA) have launched a continental public health mobile platform that will provide advice, especially on the COVID-19 pandemic.”

via The East African

Conversations with Michael Milken: The World Bank’s Jingdong Hua

“I certainly hope this is a unique moment where we will have profound conversations, not only about our own lessons or our own challenges, but about the future of humanity….This lockdown gives us the opportunity to have long conversations that otherwise would not have happened.”

via Milken Institute

The Milken Institute’s Conversation with IMF Managing Director Kristalina Georgieva

Milken Institute Chairman Michael Milken discusses the IMF’s response to COVID-19 with Managing Director Kristalina Georgieva.

via Milken Institute

US$175 Million Budget Support for Tunisia to Mitigate the Economic Impact of COVID-19

“The World Bank Board of Executive Directors approved, on June 12, a budget support of US$175 Million for Tunisia under the Resilience and Recovery Emergency Development Policy Operation.”

via World Bank

Emerging Lessons from the COVID-19 Pandemic

“The lesson of this current pandemic is that innovations are happening around the world. But the resources to fund and to scale innovations are not spread evenly. This must be addressed.”

via COVID-19 Africa Watch

What Role Should the IMF Play in Responding to COVID-19?

“Right now the bulk of the IMF’s lending capacity likely won’t be used in the face of the economic, financial, and public health shock from COVID-19. Mobilizing the IMF’s lending capacity likely will require a new facility. The Short-term Liquidity Line created this spring isn’t actually well suited for the moment.”

via CFR

Interview with Dr. Vera Songwe on COVID-19’s Impact in Africa: Trade, Technology, and Economic Recovery

Dr. Vera Songwe, Executive Secretary of the United Nations Economic Commission for Africa, speaks to COVID-19 Africa Watch about the future—and renewed importance—of the African Continental Free Trade Area (AfCFTA), the role of technology, infrastructure, and governance will play in the recovery from the pandemic, and the global response to the economic crisis.

via COVID-19 Africa Watch

COVID-19: African Development Bank mobilizes $22 million for low-income ECOWAS countries

“The Bank is making $22.4 million available for the project, approved by the Board on May 22. Part of the funding, $9.55 million, will provide screening tests, laboratory equipment, ventilators and personal protective equipment for medical personnel in the three countries. The remaining $12.83 million will be used to strengthen and integrate the health systems of Gambia, Mali and Niger to better address the pandemic.”

via AfDB

UN Secretary-General: ‘Global solidarity with Africa is an imperative’

“As COVID-19 spreads across the continent, Africa has responded swiftly to the pandemic, and as of now reported cases are lower than feared. Even so, much hangs in the balance.”

via UN News

How Will the Coronavirus Crisis Affect Africa’s Developmental Focus?

“Though the number of COVID-19 cases officially reported on the continent are low compared to the rest of the world, the question of the role of the international community and its multilateral financial institutions in helping Africa surmount the challenge it faces remains.”

via Cairo Review of Global Affairs