About: http://data.cimple.eu/news-article/379309a18eb0b486500eba6cfcf61cded3164b0a12e15015dad6955c

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About: http://data.cimple.eu/news-article/379309a18eb0b486500eba6cfcf61cded3164b0a12e15015dad6955c Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	The African Development Bank on Wednesday said it had created a $10 billion emergency fund to help the continent's countries fight against the coronavirus pandemic. Africa, the world's poorest continent, may be badly exposed to the pandemic both in terms of preparedness and the poor health care systems in many countries. "Africa is facing enormous fiscal challenges to respond to the coronavirus pandemic effectively. The African Development Bank Group is deploying its full weight of emergency response support to assist Africa at this critical time," the bank's president Akinwumi Adesina said. The facility includes $5.5 billion for operations in African Development Bank countries, and $3.1 billion for sovereign and regional operations for countries under the African Development Fund, the bank's arm that caters to fragile countries. As the virus spreads, there are fears that poor and debt-saddled countries will be unable to provide an adequate response. Niger President Mahamadou Issoufou has appealed for a "Marshall Plan" to help African economies hit by the coronavirus pandemic as states warn of a devastating impact on the continent's growth. The African Development Bank has already launched a $3 billion US-dollar denominated social bond in international capital markets for the virus fight. "These are extraordinary times, and we must take bold and decisive actions to save and protect millions of lives in Africa," Adesina said. "We are in a race to save lives. No country will be left behind." pgf/jpc/pma/har
schema:headline	Africa Development Bank creates $10 bn fund for virus aid
schema:mentions	Marshall Plan Ebola virus disease Niger Africa Pandemic Severe acute respiratory syndrome coronavirus 2 President of the United States Mahamadou Issoufou Placental growth factor Akinwumi Adesina African Development Bank
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-08 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	71 (xsd:integer)

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