Djibouti: African Development Bank Grant for Djibouti to Response the Pandemic

The African Development Bank approved grants worth about 41.16 million USD to Djibouti to bolster the national budget in support of government efforts to mitigate national and regional impacts of the COVID-19 pandemic, according to Africa Development Bank.

The funding will take the form of an African Development Fund grant for $4.12 million and a 37.04 million USD grant from the Bank’s Regional Operations Envelope. The Bank is providing the funding under its COVID-19 Response Facility. “It is the…

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