World Bank brings Ebola funding to nearly $1 billion

REUTERS                                                                                    Nov. 5, 2014
(WASHINGTON) - The World Bank's private sector arm pledged $450 million on Wednesday to support trade, investment and employment in the three West African countries affected the most by the deadly Ebola outbreak.

The announcement from the bank's International Finance Corporation (IFC) brings total World Bank commitments for Ebola to nearly $1 billion in the past three months, an unprecedented rapid response for a development institution that has been accused of dragging its feet on project approval in the past.

World Bank President Jim Yong Kim, a doctor and anthropologist, said 

"The fear swirling around Ebola has the potential to do long-term harm to businesses globally, and especially in the Ebola-affected countries," Kim said in a statement. "IFC .. will find ways to help boost trade and investment in West Africa, which will be essential to ensure that private companies continue to operate and sustain employment under difficult circumstances."

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http://www.reuters.com/article/2014/11/05/us-health-ebola-worldbank-funding-idUSKBN0IP28C20141105