The World Bank said on Monday that it would provide up to $200 million in emergency assistance to Guinea, Liberia and Sierra Leone to help the West African nations contain the deadly outbreak which has killed 887 since the outbreak began in March this year.
Jim Yong Kim, World Bank president, himself an expert on infectious diseases, said he has been monitoring the spread of the virus and was "deeply saddened" at how it was contributing to the breakdown of "already weak health systems in the three countries".
The funding will help provide medical supplies, pay healthcare staff and take care of other priorities to contain the epidemic and try to prevent future outbreaks, the World Bank said.
The announcement came as health centers in Liberia's capital city of Monrovia shut down because medical personnel became too afraid to turn up to work, AP reported.
Both Liberia's and Sierra Leone's top Ebola doctors lost their lives to the disease after caring for numerous people.
Healthcare personnel in Liberia say they have not received sufficient support from the government to be able to deal with possible Ebola patients walking through their doors.