World Bank group President is set to announce ways of rebuilding three west African countries hit by Ebola

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World Bank Group President is set to announce ways of rebuilding the economies of Liberia, Guinea and Sierra Leone.

The three West African nations were hard hit by the Ebola outbreak.

Jim Yong Kim said the bank has been working with partners in both the public and private sector to facilitate this.

Focus will be on energy and building an efficient health system to stop outbreaks from escalating in the future.

A recent report by the United Nations revealed that the Ebola outbreak has had a ripple effect on the economies of the three countries.

West Africa as a whole may lose an average of at least 3.6 billion dollars per year between 2014 and 2017.

This is because of a decrease in trade, closing of borders, flight cancellations, reduced Foreign Direct Investment and tourism activity.

 

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