Africa: AU to Raise Usd 300mln for Covid-19 Response

The African Union Commission (AUC), in collaboration with various institutions and prominent individuals, is set to raise USD 300 million, nearly half the USD 647 million needed to ease the social, economic and humanitarian impacts of COVID-19 in all African countries.

In a press statement sent to The Reporter, the AUC stated that it was able to raise USD 44 million since the first webinar fundraising was held in July. Established in March, the AU COVID-19 Response Fund has an upcoming fundraiser webinar to be held on October 24 2020 to solicit support and contributions from the African private and public sector and other partners. The Commission hopes to ensure that the continent can respond effectively to this unprecedented global crisis.

Cyril Ramaphosa, current Chairperson of the AU and President of South Africa, will be joined by Tedros Adehanom (PhD), Director General of the World Health Organization (WHO), Moussa Faki Mahamat, Chairperson of the African Union Commission (AUC), Benedict Oramah (Prof.),Chairman of the Board of Trustees of the AU COVID-19 Response Fund and other key speakers.

Ngozi Okonjo-Iweala, AU’s Special Envoy and the former Finance Minister of Nigeria – also a front runner for the WTO leadership – is part of the fundraising program.

The AU COVID-19 Response Fund is a vehicle for the implementation of the continental strategy to combat the pandemic. The USD 300 million fundraiser also seeks to boost the capacity of the Africa Center for Disease Control and Prevention (Africa CDC) to support response to public health emergencies across the continent; and support the procurement and distribution of essential COVID-19 medical supplies.