LONDON (CU)_Despite the recent resurgence of COVID-19 infections in many African countries over the past few weeks, when considering the impact of the pandemic across the globe, the African continent is said to be one of the least effected regions. Nevertheless, in terms of the economic implications, the global health crisis has taken a toll on the economies in Africa as well. According to the International Monetary Fund, an additional financing of about US$425 billion is needed between now and 2025 in order to strengthen the pandemic response and to reduce poverty in sub-Saharan Africa.
Therefore, for the first time ever, the G7 Development Finance Institutions have decided to come together to make…
