Africa Wellness

$25 million AfDB grant for Somalia will bolster budget for COVID-19 responses

Abidjan, Cote d’Ivoire, 24 July 2020—The African Development Bank today approved grants worth  $25.1 million to Somalia to bolster the national budget for government efforts to mitigate national and regional impacts of the COVID-19 pandemic. The funding, comprised a $10.04 million  grant from Pillar 1 of the Bank’s Transition Support Facility and a $15.06 million grant […]

Africa Wellness

$31.6 million loan to Uganda by AfDB for COVID-19 response

Abidjan, Côte d’Ivoire, 24 July 2020 – The Board of Directors of the African Development Fund today approved a $31.6 million COVID-19 Crisis Response Support Program (CRSP) to Uganda to support the government’s response to the COVID-19 pandemic. The funds are designed as budget support within the framework of the Bank Group’s COVID-19 Crisis Response Facility. The objective of […]

Opinions Wellness

A Marshall Plan for Planetary Health

Tolullah Oni CAMBRIDGE – The COVID-19 pandemic has heightened awareness of the significant flaws in our urban infrastructure, and highlighted our lack of attention to how human health, natural systems, and the built environment interact to determine planetary health. It is now clear that our economic system increases food insecurity, our streets prioritize motorized traffic […]

Opinions

China’s Fiscal Dilemma

Yu Yongding BEIJING – COVID-19 hit the Chinese economy hard in the first quarter of 2020, causing real GDP to contract by 6.8% year on year. But since the city of Wuhan emerged from lockdown in early April, the economy has gradually returned to normal, and grew by 3.2% in the second quarter. According to the consensus […]

Africa Opinions Opportunities

Uganda’s Oil and Gas Project Land Acquisition -Adequately Compensation for affected persons

By Ali Ssekatawa The oil and gas sector in Uganda is at a critical stage.  The commercial negotiations which will impact both the profitability and the sector’s contribution to inclusive development are in final stages.  The infrastructure required to commercially produce the Country’s 6 billion barrels of oil and gas resources has been clearly defined.  […]

Africa Wellness

First ever crisis response budget support of R5 billion to South Africa approved by African Development Bank to fight COVID-19

Abidjan, Côte d’Ivoire, 22 July 2020 – The Board of Directors of the African Development Bank has approved a loan of approximately R5 billion ($288 million) to the government of South Africa, as the country battles one of the largest COVID-19 caseloads in the world. South Africa confirmed its first case of COVID-19 on 5 […]

Africa Agribusiness Opinions

The True Price of Pesticides Is Unaffordable

 By Layla Liebetrau NAIROBI – A mounting body of evidence suggests that industrial agriculture is failing the planet and its people. In particular, harmful chemical pesticides increasingly threaten the environment and public health. Along with synthetic fertilizer, pesticides fuel the industrial agriculture system – and their use is steadily increasing in almost all regions of […]

Opinions

East Asia’s New Edge

By Kishore Mahbubani SINGAPORE – Death tolls don’t lie. The most striking disparity in COVID-19 fatalities to date is between East Asian countries, where the total number of deaths per million inhabitants is consistently below ten, and much of the West, where the numbers are in the hundreds. For example, Japan has so far reported […]

Opinions

A COVID-19 Bridge Over Troubled Water?

Cecilia Tortajada and Asit K. Biswas SINGAPORE/GLASGOW – The COVID-19 pandemic is likely to transform our behaviors, attitudes, and policies in many areas. For the sake of overcoming the public-health crisis and enabling economic recovery, one must hope that water and wastewater management will be among them. Delivering clean water and ensuring proper wastewater management […]