Mark Lynas HAY-ON-WYE – COVID-19 has killed more than 500,000 people worldwide, made millions more ill, and continues to wreak havoc. But as the saying goes – and without wishing to downplay this human tragedy in any way – it’s an ill wind that blows nobody any good. If we make the right choices as lockdowns ease, […]
Author: Godfrey Ivudria
Building resiliency in times of uncertainty
By George Ferreira, Senior Sales Director: Applications at Oracle South Africa and SADC Business resilience remains one of the most important and relevant ways for organisations to bypass legacy challenges and to explore new opportunities The recent months have likely been the biggest challenge for all organisations across the continent. With almost no warning, millions […]
Building Purpose-Driven Businesses is Key to Economic Empowerment
The Opportunity Fund will invest only in companies led by people of color, and is the first such fund to be created in response to growing protests Earlier this month and following the death of George Floyd, SoftBank announced a $100m investment fund for minority-owned businesses. The Opportunity Fund will invest only in companies led […]
If you build it they will come – the bridge to free trade across Africa
Tuesday 30 June 2020 – The African Continental Free Trade Area Agreement (AfCFTA) was due to implemented this week, 1 July 2020, before the impact of COVID-19 caused its inevitable delay. However, AfCFTA Secretary General Wamkele Mene confirmed recently at a Bloomberg Invest Global virtual conference that the pandemic would not impact the agreement and […]
Africa has a once in a generation opportunity to ‘recover better’ with sustainable energy
Sustainable Energy for All sets out clear, practical steps for African countries to recover better from COVID-19 and close energy access gaps. As countries continue to rebuild from the COVID-19 pandemic, a new guide by Sustainable Energy for All (SEforALL) shows how clean energy investment can support countries to ‘Recover Better’, and use this unique […]
Ethiopia vulnerable communities well-being improves by “One” WASH program
Ethiopia’s ‘One’ model, under which the government runs its Water, Sanitation and Hygiene ( WASH ) National Program, has steadily improved the well-being of the country’s rural and urban communities, top local officials say. “The ‘One’ here means we have one account, one budget and one report in one consolidated WASH Account,” says Tadesse Masresha, […]
New Agreements to Expand Access to Cancer Medicines for Sub-Saharan Africa and Asia
Cancer Access Partnership is expected to result in a 59 percent savings on procured cancer medicines The American Cancer Society (ACS) and the Clinton Health Access Initiative (CHAI) today announced agreements with pharmaceutical companies Pfizer, Novartis (www.Novartis.com), and Mylan to expand access to 20 lifesaving cancer treatments in 26 countries in sub-Saharan Africa and Asia. […]
Learning from the Lockdown
Iqbal Dhaliwal and Samantha Friedlander CAMBRIDGE – As with so much else, international development has been severely affected by the coronavirus pandemic. How might we use these lessons to reshape the sector, rather than returning to the status quo? For starters, the crisis has reminded us that nature still reigns supreme, and it should spur us […]
USD750 million, 5-years bond bench-marked by Petroleum Investments Corporation (APICORP)
The latest issuance, part of APICORP’s USD3 billion Global Medium-Term Note (GMTN) program, will bolster the corporation’s business operations DAMMAM, Kingdom of Saudi Arabia, June 29, 2020/ — Financing will bolster APICORP’s (www.APICORP.org) business operations, including its countercyclical role in mitigating the impact of the COVID-19 pandemic and oil price fluctuations in the MENA region; […]
How Inequality Fuels COVID-19 Deaths
– Jeffrey D. Sachs NEW YORK – Three countries – the United States, Brazil, and Mexico – account for nearly half (46%) of the world’s reported COVID-19 deaths, yet they contain only 8.6% of the world’s population. Some 60% of Europe’s deaths are concentrated in just three countries – Italy, Spain, and the United Kingdom […]
African countries making headway in tackling tax evasion
African countries made great strides in strengthening commitments and capacity to achieve tax transparency and exchange information on illicit fund flows in 2019, the latest Tax Transparency in Africa report, launched Thursday, revealed. Tax Transparency in Africa 2020 – produced by the Global Forum for Transparency and Exchange of Information for Tax Purposes, the African Union and African Tax Administration Forum (ATAF), […]
Why Disaster Preparedness Cannot Wait
Jagan Chapagain and Andrew Steer GENEVA/WASHINGTON, DC – The world has been planning for the future in the mistaken belief that it will resemble the past. But as COVID-19 coincides with cyclones in South Asia and the Pacific and vast locust swarms in East Africa, the need to prepare for a world of unexpected shocks has become clearer than ever. […]
$1.8 billion pledge for Sudan
Over $1.8 billion dollars in pledges for Sudan poured in during a high-level Sudan Partnership Conference held on Thursday, 25 June 2020, marking an important step in the African nation’s re-engagement with the international community. African Development Bank President, Akinwumi Adesina, and the World Bank and the International Monetary Fund chiefs attended the Conference, which […]