News
29 Jun 2020
Lessons for AfDB's response to COVID
IDEV is contributing to the fight against the COVID-19 pandemic with relevant and actionable knowledge to help the African Development Bank (AfDB or “Bank’) respond more effectively to the crisis. The Bank has launched a number of measures to fight the outbreak and its economic consequences in Africa, including a USD 10 billion Crisis Response Facility, a USD 3 billion “Fight COVID-19” social bond, and USD 2 million emergency assistance to WHO-led measures to curb the spread of the disease. To respond effectively to such a major emergency, learning from past experience is critical.
This is not the first crisis to impact African countries with profound social, economic and security effects. Since the AfDB was formed in 1964, Africa has endured pandemics such as the West African Ebola outbreak in 2014 and other crises and emergency situations, to which the Bank has responded. IDEV has drawn evaluative lessons from the Bank’s past experience in responding to crises and published two lesson notes. The first provides a set of seven key lessons drawn from the Bank’s response to the Ebola outbreak in 2014. The other looks at the Bank’s budget support instrument for countries experiencing a crisis.
Further information available at Lessons for AfDB’s response to COVID-19.
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