Africa Development Bank (AfDB) – Windhoek Observer

Andrew Kathindi Africa Development Bank (AfDB) has approved a USD100.27 million (N$1.5 billion) to the Namibian government to address the impacts of the COVID-19 pandemic and help maintain Government’s welfare programmes. The approval of the loan to be repaid over 15 years on Wednesday 17 March 2021, follows a government request which was made in June last year. "As the country prepares for the post-pandemic era, the Government is pursuing reforms in a wide range of areas. The proposed Governance and Economic Recovery Support Programme (GERSP) operation is designed to support the Government's response and help to achieve inclusive post-pandemic…