Musings From Abroad

AfDB President, Akinwumi Adesina, calls for innovative investments in Africa’s heath sector

Published

2 years ago

October 18, 2022

The Group President of the African Development Bank, Dr. Akinwumi Adesina at a World Health Organization World Health Summit in Berlin on Monday stressed innovative investment for developing countries.

Adesina—who was a panelist in a session of the summit titled “Game Changer: a new lens on investment in health and well-being” said multilateral development banks were critical to driving healthcare financing for developing countries.

He added that the situation had prompted the African Development Bank to take innovative steps to address both the impact of the pandemic in Africa and healthcare financing for the region more holistically. He said this included the issuance of a historic $3 billion social bond(link is external).

Also at the event was former UK Prime Minister Gordon Brown—who is World Health Organization (WHO) Ambassador for Global Health Financing.

Brown said it was important to make private capital and capital markets work for developing countries.

“As environmental, social and governance (ESG) becomes mainstream,” he said, “I hope one of the messages from today is that clear performance indicators for health has to be that a core element of ESG is expanded into ESG-H.”

Other speakers on the panel were WHO Director-General Tedros Adhanom Ghereyesius and WHO Regional Director for Africa Dr. Matshidiso Moeti, Sir Ronald Mourad Cohen, UK Chair of the Global Steering Group for Impact Investment; Dr. Jayasree K. Iyer, amongst other.

WHO and the AfDB are working to join forces to ensure that much of the knowledge of African health professionals in the diaspora is put to optimal use in developing needed health facilities and capacity building on the African continent.

Related Topics:Akinwumi Adesina Featured

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Musings From Abroad

UN Security Council deliberates stance on Sudan war

Published

2 days ago

November 13, 2024

Ifeoluwa Dada

The UN Security Council is discussing a British-drafted resolution calling on Sudan’s warring parties to stop hostilities and permit safe, quick, and unimpeded assistance supplies across borders and front lines.

The world’s largest relocation crisis began in April 2023 when the Sudanese army and the paramilitary Rapid Support Forces engaged in a power battle ahead of a planned transfer to civilian administration.

Waves of ethnically motivated violence have resulted, with the RSF mostly to blame. The RSF has blamed the action on rogue actors and denies causing harm to civilians in Sudan. Two RSF generals were named last week by a Security Council committee in the first U.N. sanctions levied during the ongoing conflict.

“Nineteen months into the war, both sides are committing egregious human rights violations, including the widespread rape of women and girls,” Britain’s U.N. ambassador, Barbara Woodward, told reporters at the start of this month as Britain assumed the Security Council’s presidency for November.

“More than half the Sudanese population are experiencing severe food insecurity,” she said. “Despite this, the SAF and the RSF remain focussed on fighting each other and not the famine and suffering facing their country.”

According to diplomats, Britain wants to vote on the draft resolution as soon as possible. A resolution must receive nine votes or more to pass and not be vetoed by the United States, France, Britain, Russia, or China.

Nearly 25 million people, or half of Sudan’s population, require aid, according to the U.N., since 11 million people have abandoned their homes and famine has spread to displacement camps. Of those, around 3 million have departed for other nations.

In its draft language, Britain “demands that the warring parties immediately cease hostilities” and “demands that the Rapid Support Forces immediately halt its offensives” throughout Sudan.

It also “calls on the parties to the conflict to allow and facilitate the full, safe, rapid, and unhindered crossline and cross-border humanitarian access into and throughout Sudan.”

Additionally, the draft urges that assistance deliveries continue to be made through the Adre border crossing with Chad “and stresses the need to sustain humanitarian access through all border crossings, while humanitarian needs persist, and without impediments.”

Sudanese authorities have permitted the U.N. and relief organisations to enter Darfur through the Adre border crossing for three months, ending in mid-November.

Musings From Abroad

South Africa worry Trump’s victory might affect climate fight

Published

5 days ago

November 10, 2024

Ifeoluwa Dada

South Africa’s environment minister has expressed concern about the potential effects of Donald Trump’s victory on climate change negotiations.

The demise of Germany’s coalition government this week and Trump’s election coincide with COP29 negotiations to address global warming, which experts credit for this year’s devastating hurricanes, floods, and heatwaves.

“We are concerned about America because we don’t know what they’re going to do … how (it) is going to approach COP,” South African Environment Minister Dion George told Reuters.

“Mr. Trump said that he would withdraw from the Paris Agreement, but we don’t know what will happen,” George added in a telephone interview on Friday.

International partners are concerned that the prospect of an administration led by Trump, who has called climate change a hoax, will de-motivate poor and middle-income countries who want rich nations to shoulder more of its financial burden.

South Africa, which is one of the world’s top 15 greenhouse gas emitters and accounts for 30% of the continent’s emissions, has accepted $11.6 billion from rich nations, mainly in loans, for a switch from coal to renewable energy.

This is seen as a potential model for other ‘Global South’ countries who say financing pledges of $100 billion, which took years to come through, are insufficient.

“It’s certainly not enough. We need another target,” George said. “But then the question is: as the voter base is shifting in developed economies, are they actually going to pay it?”

The South African minister said he had been reassured by German officials that Europe’s stance at the COP29 climate talks will not be hurt by Berlin’s political crisis.

George said that Jennifer Morgan, Germany’s state secretary for international climate action, had contacted him to say it will be up to the European Union to maintain leadership.

“Their position is not changed and that is how they will approach COP,” George said, adding: “They’re on Team Europe. The European Union and German have clearly set out their objectives.”