World Bank approves Sh14bn for Kenya Covid vaccines - News Summed Up

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World Bank approves Sh14bn for Kenya Covid vaccines


The World Bank has approved $130 million (Sh14 billion) additional financing to Kenya for acquisition of Covid-19 vaccines. World Bank Board of Executive Directors approved the funding under the Kenya Covid-19 Health Emergency Response Project. In a press statement, the bank said the additional financing will enable Kenya to procure more vaccines via the African Vaccine Acquisition Task Team (AVATT) initiative and the Covid-19 Vaccines Global Access (COVAX) facilities. Keith Hansen, World Bank Country Director for Kenya, according to the statement said the additional financing will help Kenya in its concerted efforts to contain the rising cases of Covid-19 infections. The new allocation brings World Bank’s contributions to Kenya’s Covid-19 response total $246 million (Sh26.5 billion).


Source: The Star June 29, 2021 12:22 UTC



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