Asian Infrastructure Investment Bank Loans 90 Million Euros for COVID-19 Vaccination Campaign
Posted on 06/18/2022
Disclosed on June 9, 2022, the Asian Infrastructure Investment Bank (AIIB) Board of Directors has approved a 90 million euro loan to support the Republic of Côte d’lvoire in strengthening its COVID-19 vaccination campaign and relevant healthcare systems. This is the first AIIB project in Côte d’lvoire (Ivory Coast). The loan will be under AIIB’s COVID-19 Crisis Recovery Facility (CRF), which provides up to US$ 20 billion of financing to both public and private-sector entities facing serious adverse impacts as a result of the pandemic. To date, AIIB’s portfolio under the CRF comprises a total of 50 projects amounting to over US$ 11.8 billion to support 26 members in containing the pandemic and enabling sustainable economic recovery.
