US$4.369bn IMF funding for Africa – so far

Apr 21, 2020 | Country

As of the 20 April 2020, the International Monetary Fund (IMF) has disbursed over US $4.3bn to African countries.

By 20 April 2020, the International Monetary Fund (IMF) has disbursed over US$4.3bn to African countries. A further $6.7bn will be released to those who have sought assistance due to the impact of COVID-19.

Figures released by the Africa Centre for Disease Control and Prevention (Africa CDC) yesterday, confirmed 23,505 cases of COVID-19, 1,158 deaths and 5,833 recoveries across the continent

REGION CASES DEATHS RECOVERIES
North Africa 10,052 817 2,326
West Africa 5,474 140 1,564
Southern Africa 3,525 70 969
Eastern Africa 2,542 56 590
Central Africa 1,912 75 384

 

Many African countries’ healthcare systems are already overwhelmed and still trying to fight Ebola and Malaria. The rise of COVID-19 is putting more pressure on these under-resourced systems, exacerbating the need for financial support.

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