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Development banks, U.S. up support for Ebola-hit countries

Started by riky, August 05, 2014, 09:00:22 AM

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Development banks, U.S. up support for Ebola-hit countries

By Lesley Wroughton WASHINGTON (Reuters) - International development banks on Monday committed $260 million in emergency loans for three West African countries hit by the deadly Ebola virus as nearly 50 African leaders gathered in Washington for a U.S.-hosted summit focusing on the region. The World Bank said it would provide as much as $200 million in emergency funding to help Liberia, Sierra Leone and Guinea. "I am very worried that many more lives are at risk unless we can stop this Ebola epidemic in its tracks," World Bank President Jim Yong Kim said in a statement. "The international community needs to act fast to contain and stop this Ebola outbreak," he added.

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