Tag Archives: Aid
Aid: Latest News
Staff, 2:57 pm
At a time when aid is under political pressure, a bold approach is needed to maximize the efficiency of donor resources. While governments in Africa are spending more on public infrastructure themselves, outside finance is still required, especially for regional projects — rarely a priority for national governments. Aid from Africa’s traditionally generous foreign donors is set to shrink. There may be a solution. The “Big Bond” is a strategy for leveraging foreign aid funds in international capital markets to generate financing for massive infrastructure investment.
Staff, 1:38 pm
A four-page list of Africa-related questions from Trump’s transition team to the State Department suggests a U.S. pullback from development and humanitarian goals but not necessarily from trade. How does U.S. business compete with others in Africa? Are we losing out to China? How much U.S. funding is stolen due to corruption? Why should we spend these funds on Africa when people are suffering in the U.S.? Americans believe the U.S. spends 25% of its budget on foreign aid. In reality it’s closer to 1%.
Staff, 6:53 pm
One of the worst yellow fever outbreaks in decades could soon spread globally. The World Health Organization is launching one of the largest emergency vaccination campaigns ever attempted in Africa. The epidemic could spread to the Americas, Asia, Europe and other cities in Africa. The virus is transmitted by the same species of mosquito that spreads Zika. Yellow fever is not highly contagious and easily prevented with vaccines, but just 18 million vaccines have been sent to Africa; 40 million are needed.
Dana Sanchez, 1:01 pm
This isn’t the first time Ethiopia has had to deal with large batches of defective condoms. The government has had complaints before about poor quality condoms it purchased from an Indian company that is a major international supplier. “Nowadays holes are becoming the major problem in condoms coming to our office for laboratory tests,” said Bikila Bayisa with the Ethiopian Food, Medicines & Health Care Administration & Control Authority.
Dana Sanchez, 10:53 am
Philanthropists have risk too, and losing Kagame is not a risk U.S. philanthropist Howard Buffet is prepared to take. A permanent resident of South Africa for more than 10 years, Buffett says he’s been to every country in Africa. Kagame brings certainty and stability to Rwanda — things that are very important to investors and aid agencies, Buffett said. Former British Prime Minister Tony Blair moderated the discussion at the World Economic Forum. There are no term limits for Britain’s prime ministers. Blair won an unprecedented third term for the Labour party.
Dana Sanchez, 10:54 am
Investment in HIV/AIDS treatment is paying off. From 2000 to 2015, all sub-Saharan African countries saw life expectancy rise. Seven African countries are notable for their health care systems. This provides an upbeat alternative to the gloom of the Africa falling narrative that questions the growth of Africa’s much-hyped rising middle class and charges African leaders with poor governance.
Dana Sanchez, 2:07 pm
Half the world’s countries have wiped out malaria, and aid to fight the disease is decreasing as other threats take center stage. Malaria is still one of the biggest killers in sub-Sahara, especially in under-5-year-olds. Nine out of 10 people who died from it in 2015 came from sub-Sahara. Goodbye Malaria is a public-private partnership started by African entrepreneurs who believe that African creativity can solve one of Africa’s biggest problems. The group raises funds to support on-the-ground malaria elimination in Mozambique.
Dana Sanchez, 10:52 am
African countries are reluctant to take back migrants. Migrants send home remittances in amounts that exceed the value of development aid, a European diplomat said. But the lure of aid, trade and other benefits is too enticing for poor African countries to refuse, and human rights will suffer as they sign the deals with the E.U., experts say.
Dana Sanchez, 9:53 pm
Indian Prime Minister Narendra Modi turned on the charm for African leaders on Thursday, promising $10 billion in credit to back a “partnership of prosperity” and pitching a broad alliance for global reform. “We want to light up lives of our people and power their future,” said Modi. “But, we want to do it in a way that the snow on Kilimanjaro does not disappear.”
Dana Sanchez, 1:53 pm
Land O’Lakes is no stranger to Africa. Until now, the co-op has only done nonprofit work with U.S. government aid. Now it plans to expand north with more commercial deals using South Africa as a base. Land O’ Lakes has current aid programs in Ethiopia, Kenya, Liberia, Madagascar, Malawi, Mozambique, Rwanda, Tanzania, Uganda, Zambia, and Zimbabwe.
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