Working together to fight Covid-19 and help our communities
The escalation of Covid-19 has deeply impacted all of our lives in ways we never thought possible, and our hearts go out to all those who have been directly affected. We are proud of the extraordinary efforts and actions of our portfolio companies in responding to the fight against this unprecedented health crisis. Through a variety of initiatives, our portfolio companies and their employees are achieving impact by repositioning their resources to meet emergency response needs, creating programs to support employees, supporting the societies where they live and work, and tackling longer-term needs.
We continue to develop creative ways to mitigate the fallout of Covid-19 on our portfolio and the wider communities. Our portfolio companies have developed policies and procedures to be prepared for preventing, identifying, mitigating, and responding to instances of Covid-19. Furthermore, business continuity plans were enacted with focus centred around ensuring the safety of front line medical staff in our hospitals, portfolio company employees and customers and to help curb the spread of the virus in addition to cash preservation measures, to ensure adequate levels of liquidity to navigate through the crisis as well as revenue and supply chain stabilization, to protect commercial operations and business plans.
We continue to monitor the progression of Covid-19 in North Africa and its impact on our markets, with some countries affected more than others in a number of "waves" and provide updates to our investors of the latest impact on the portfolio.