The Central Bank of Nigeria (CBN) has explained that the US$260mn credit, which has been extended to the country’s health sector to ameliorate COVID-19 impact on the economy, will operate until 2030

The growing COVID-19 crisis threatens to disproportionately hit developing countries, as a health crisis in the short term and as a devastating social and economic crisis over the months and years to come

Africa has reported more than 1,000 positive COVID-19 cases (45 of the 54 countries now bearing confirmed cases) and more than 40 deaths, according to John Hopkins University

The United Nations official in Somalia congratulated the Horn of Africa nation for achieving the benchmark set by the World Bank and the International Monetary Fund (IMF), confirming its eligibility for debt relief

The African continent has been hit later than other regions from the pandemic, but it’s becoming a major challenge