Connect with us

breaking news

Africa: US $ 17 million from donors to replenish the “Solidarity Fund”

Published

on

African and non-regional donors announced on Tuesday, June 11, 2019, a contribution of $ 17 million to replenish the Africa Solidarity Trust Fund. This initiative aims to ensure food security and eliminate rural poverty on the continent.

Subscriptions for these donations were made during a high-level round table convened by the Food and Agriculture Organization of the United Nations (FAO) and Obiang Nguema Mbasogo, President of Equatorial Guinea. margin of AfDB Annual Meetings held in Malabo, Guinea.

Guinea among the donors

The meeting raised $ 17 million, including $ 10 million from Angola, $ 2.6 million from China, $ 2 million from France, $ 2 million from Equatorial Guinea and $ 100,000 from Zimbabwe.

The President of Equatorial Guinea, Obiang Nguema Mbasogo, recalled that the Fund illustrated a turning point in the fight against food insecurity. He said his tiny, oil-rich country had generously donated its oil revenues to show solidarity with African countries. Indeed, the Fund received its initial contribution of $ 30 million from Equatorial Guinea, the host country for this year’s meetings.

His projects have been praised for bringing innovative solutions to African agriculture and food systems.

Break the addiction

For the African Development Bank (AfDB), Africa faces challenges in the areas of agriculture and food production, and these are heavily dependent on food imports.

“It’s so important that this fund shows that African countries are contributing to Africa. This is very closely related to what we do. The Bank is committed to providing farmers with the technologies they need to improve their yields”, said Jennifer Blanke, Vice President of the Bank for Agriculture, Human and Social Development.

Results obtained in figures

In her timely words, FAO Assistant Director-General Maria Helena Semedo, who represented FAO Chief José Graziano da Silva, commended the Fund for its achievements.

Indeed, the Fund has enabled the successful implementation of 18 projects that have benefited 41 countries and hundreds and thousands of beneficiaries, including 160 vulnerable households in Niger that have undergone a transformation and grants that have allowed a response. populations affected by the Ebola outbreak in West Africa in 2014.

“We celebrate the success of the fund … The excellent results of the fund over the past five years bear witness to this. It is a flagship initiative and one of FAO’s most successful funding initiatives”, said Semedo.

All in all, she insisted, the generosity of the donors is a unique proof of the strong solidarity between African countries.

The presidents of Mauritania, Guinea Bissau, Eswatini’s prime minister and several senior diplomats, ministers and development institutions and banks attended the conference.

Eric TSHIKUMA

breaking news

Dikembe Mutombo, NBA legend, passes away at age 58

Published

on

The NBA is mourning the loss of one of its greatest defensive icons. Dikembe Mutombo, the former 7-foot-2 center, passed away at the age of 58 due to a brain cancer, as reported by The Athletic on Monday, September 30.

A defensive record-holder

Born in the Democratic Republic of Congo, Mutombo left an indelible mark on the NBA with his exceptional defensive skills. During his career, he won the Defensive Player of the Year award four times (1995, 1997, 1998, 2001), a record he shares with Ben Wallace and Rudy Gobert. Gobert, in achieving this feat, highlighted the legacy Mutombo left on the game.

 

Drafted in 1991 by the Denver Nuggets, Mutombo went on to play for several notable teams, including the Atlanta Hawks, Philadelphia 76ers, New Jersey Nets, New York Knicks, and finally the Houston Rockets, where he retired in 2009.

 

A life of commitment beyond basketball

 

Although Mutombo never won an NBA championship, with two finals losses (in 2001 with the 76ers and 2003 with the Nets), he was inducted into the Hall of Fame in 2015. Beyond his impressive sports career, he dedicated his life to humanitarian efforts, particularly in Africa. He worked tirelessly to develop basketball across the continent and to help those in need.

NBA Commissioner Adam Silver praised his contributions in a statement: “Dikembe dedicated his life to helping others. He was not only a great player but also a global ambassador for basketball and a humanitarian. His commitment to the community, especially in his native Congo, will be forever remembered.”

Mutombo’s legacy continues to inspire generations of players and humanitarians around the world.

ZoomEco

 

Continue Reading

breaking news

World: 83% of the non-electrified population live in Africa

Published

on

Africa is home to 83% of the world’s non-electrified population. A thundering paradox, given the continent’s immense hydroelectric potential.

The continent faces a shortage of affordable, reliable and sustainable energy. A think tank dedicated to the development of long-term public and energy policies points out that this is holding back the momentum of individuals and companies alike.

According to the experts, the pace of electrification needs to triple in order to absorb this deficit, rethink several economic models, and put Africans on the path to prosperity.

Dynamic project vehicles on the move

The World Bank Group has pledged to connect 250 million people to electricity, while the African Development Bank (AfDB) will do the same for a further 50 million.

The World Bank Group’s investments are already providing the impetus needed to reach the target, illustrated in its ambitious “Mission 300” program.

East Africa

Continue Reading

breaking news

DRC: Egyptian Ambassador Hesham El Mekwad pays a courtesy visit to ANAPI

Published

on

On Thursday September 25, 2024, Bruno Tshibangu Kabaji, Managing Director of the Agence Nationale pour la Promotion des Investissements (ANAPI), and Hesham El Mekwad, the Egyptian ambassador accredited to the Democratic Republic of Congo, exchanged views on investment and trade issues.

The Egyptian diplomat was accompanied by Adham Thabet, development cooperation advisor at the Embassy of the Arab Republic of Egypt.

Discussions between the two personalities focused in particular on the role of ANAPI as the body responsible for supporting investors in the DRC.

While stressing the need to increase economic and commercial cooperation between Egypt and the DRC, the two parties encouraged Egyptian investors to step up their presence in several fields in the DRC, notably energy, transport, infrastructure and agriculture, fisheries and livestock.

With this in mind, the Egyptian Ambassador expressed the wish to establish regular contacts with ANAPI to support this mutual ambition.

Nadine FULA

Continue Reading

africa