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Multinational - Project to support Members States of the Central African Economic and Monetary Community (CEMAC) and the Democratic Republic of Congo to fight the COVID-19 - DRC Component

Sector: Geothermal • Location: Multinational

Source: African Development Bank (AfDB)

Project

This is an emergency operation to support and strengthen the response of Member States of the Central African Economic and Monetary Community (CEMAC) and the Democratic Republic of Congo (DRC) to the Coronavirus (Covid-19) pandemic in the coming months. It responds to a request from the CEMAC Commission and takes account of needs expressed by CEMAC member States through their national pre

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The project “Multinational - Project to support Members States of the Central African Economic and Monetary Community (CEMAC) and the Democratic Republic of Congo to fight the COVID-19 - DRC Component” is an infrastructure initiative in the Geothermal sector, located in Multinational. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

This is an emergency operation to support and strengthen the response of Member States of the Central African Economic and Monetary Community (CEMAC) and the Democratic Republic of Congo (DRC) to the Coronavirus (Covid-19) pandemic in the coming months. It responds to a request from the CEMAC Commission and takes account of needs expressed by CEMAC member States through their national prevention and response plans to combat Covid-19. The operation is also part of the Bank's overall action to assist regional member countries in their fight against Covid-19. Therefore, the project complements the USD 2 million grant approved by the Bank in favour of WHO and will be followed by other operations under the Covid-19 Response Facility (CRF) approved by the Bank on 8 April 2020. The total cost of the operation stands at UA 9.97 millionand comprises a UA 8 million grant from the ADF-14 regional envelop in favour of CEMAC, a UA 0.9 million ADF grant from the resources of past cancelled projects in favour of the DRC, a UA 0.244 million ADF grant from the resources of past cancelled projects in favour of Chad, and a UA 0.825 million TSF grant from the resources of past cancelled projects in favour of Chad.

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High

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100%

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