The World Bank Group (WBG) discussed a new five-year Country Partnership Framework (CPF) from 2021 to 2024 and approved a $1.5-billion package to help build a resilient recovery post-COVID19.
Nigeria is at a critical juncture. With the sharp fall in oil prices as a result of COVID-19, the economy is projected to contract by over 4% in 2020, plunging the country into its deepest recession since the 1980s. Government revenues could fall by more than 15 billion dollars this year, and the crisis will push an additional 5 million Nigerians into poverty in 2020.
“This Country Partnership Framework will guide our engagement for the next 5 years in supporting the Government of Nigeria’s strategic priorities by taking a phased and adaptive approach,” said Shubham Chaudhuri, World Bank Country Director for Nigeria. “To realize its long-term potential, the country has to make tangible progress on key challenges and pursue some bold reforms. Our engagement will focus on supporting Nigeria’s efforts to reduce poverty and promote sustained private sector-led growth.”
The CPF will focus on four areas of engagement:
- Investing in human capital by increasing access to basic education, quality water and sanitation services; improving primary healthcare; and increasing the coverage and effectiveness of social assistance programs. Additional investments in promoting women’s empowerment and youth employment and skills, especially for young women, will also help reduce maternal and child mortality.
- Promoting jobs and economic transformation and diversification by supporting measures to unlock private investment and job creation and increasing access to reliable and sustainable power for households and firms. The CPF will also focus on boosting digital infrastructure, and developing economic corridors and smart cities, to provide Nigerians with improved livelihoods.
- Enhancing resilience by strengthening service delivery and livelihood opportunities in the Northeast and other regions grappling with insecurity, as well as modernizing agriculture and building climate resilience.
- Strengthening the foundations of the public sector by improving public financial management and strengthening the social contract between citizens and government through improved fiscal and debt management.
“A strong private sector is critical to support Nigeria’s economic growth and development. The Country Partnership Framework leverages the World Bank Group to enable business growth that is inclusive and sustainable,” said Kevin Njiraini, IFC Director for Southern Africa and Nigeria. “IFC will continue to support a broader private sector-led growth strategy to help Nigeria realize its immense potential by attracting more investment and creating millions of quality jobs for its growing population.”
Prepared jointly with the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), this CPF proposes a collaborative approach of how resources across the entire Bank Group can best support the Government’s effort to achieve its goal to lift 100 million citizens out of poverty.
“To achieve sustainable post-COVID economic recovery, the country needs to strengthen reforms that support private sector solutions and crowd in private sector finance,” said Merli Baroudi, Director at MIGA for Economics and Sustainability. “In close coordination with the World Bank and IFC, MIGA will continue to expand its support for cross-border private investment into Nigeria”.
The World Bank Board of Directors also approved $1.5 billion for two projects, which include:
Nigeria Covid-19 Action Recovery and Economic Stimulus – Program for Results (Nigeria CARES): This program will help increase access to social transfers and basic services, as well as provide grants to poor and vulnerable households. It will also strengthen food supply chains for poor households while facilitating recovery and enhancing capabilities of MSMEs. This is financed through an International Development Association (IDA) credit of $750 million.
The State Fiscal Transparency, Accountability and Sustainability Program for Results (SFTAS) Additional Financing: Building on the progress made across 36 States, the original SFTAS program will be expanded and scaled up in response to COVID-19. The Additional Financing will help meet the financing gap in the Program Expenditure Framework, due to the sharp reduction in government revenues associated with the crisis. It will help increase the efficiency in spending, strengthen revenue mobilization, and enhance accountability and transparency in public resource management to further strengthen state-level COVID-19 response. The project is financed through an International Development Association (IDA) credit of $750 million.
The World Bank Group, one of the largest sources of funding and knowledge for developing countries, is taking broad, fast action to help developing countries strengthen their pandemic response. It is supporting public health interventions, working to ensure the flow of critical supplies and equipment, and helping the private sector continue to operate and sustain jobs.
The World Bank Group is making available up to $160 billion over a 15-month period ending June 2021 to help more than 100 countries protect the poor and vulnerable, support businesses, and bolster economic recovery. This includes $50 billion of new IDA resources through grants and highly concessional loans and $12 billion for developing countries to finance the purchase and distribution of COVID-19 vaccines.
Africa faces 470 million COVID-19 vaccine shortfall this year
Africa needs around 470 million doses to accomplish the global of fully vaccinating 40 per cent of its population by the end of the year, the World Health Organization (WHO) said on Thursday.
The international COVAX initiative aimed at guaranteeing global access to the vaccines, recently announced that it was being forced to slash planned deliveries to Africa, by around 150 million doses this year.
The scheme is now expected to deliver 470 million doses through the end of December. These will be enough to protect just 17 per cent of the continent, far below the 40 per cent target.
To reach the end-year target, that 470 million figure needs to double, even if all planned shipments via COVAX and the African Union are delivered.
Export bans, vaccine hoarding
WHO Regional Director for Africa, Matshidiso Moeti, said that “export bans and vaccine hoarding have a chokehold on vaccine supplies to Africa.”
“As long as rich countries lock COVAX out of the market, Africa will miss its vaccination goals. The huge gap in vaccine equity is not closing anywhere near fast enough. It is time for vaccine manufacturing countries to open the gates and help protect those facing the greatest risk,” Ms. Moeti said.
Besides export bans, challenges in boosting production and delays in approvals have constrained deliveries. COVAX has called for donor countries to share their supply schedules to give more clarity on deliveries.
The initiative has also called for countries with enough doses, to give up their place in the queue. Manufacturers must deliver in line with their prior commitments, and countries that are well-advanced must expand and accelerate donations.
About 95 million more doses are set to arrive in Africa via COVAX throughout September, which will be the largest shipment the continent has taken on board for any month so far. Just 50 million people, or 3.6 per cent of its population, has been inoculated to date.
Only around 2 per cent of the nearly 6 billion doses administered globally have gone to Africans. The European Union and the United Kingdom have vaccinated over 60 per cent of their populations and high-income countries have administered 48 times more doses per person, than low-income nations.
“The staggering inequity and severe lag in shipments of vaccines threatens to turn areas in Africa with low vaccination rates into breeding grounds for vaccine-resistant variants. This could end up sending the whole world back to square one,” warned Ms. Moeti.
WHO is ramping up support to African countries to identify and address gaps in their COVID-19 vaccine rollouts.
The agency has assisted 15 countries in conducting intra-action reviews and offered recommendations for improvements. The reviews have shown that vaccine supply security and uncertainty around deliveries has been a major impediment.
With over 300 staff in place across Africa supporting the COVID-19 response, WHO is deploying experts and producing support plans in specific areas, including securing staff, financing, strengthening supply chains and logistics and boosting demand for vaccines.
As of 14 September, there were 8.06 million COVID-19 cases recorded in Africa and while the third wave wanes, there were nearly 125,000 new cases in the week ending on 12 September.
This represents a 27 per cent drop from the previous week, but weekly new cases are still at about the peak of the first wave, and 19 countries continue to report high or fast-rising case numbers.
Deaths fell by 19 per cent across Africa, to 2,531 reported in the week to September 12th. The highly transmissible Delta variant has been found in 31 African countries.
Eritrea: Release journalists and politicians arrested 20 years ago
The Eritrean authorities must immediately and unconditionally release 21 journalists and politicians who were arrested in a sweeping crackdown on dissent 20 years ago, said Amnesty International as it launched a new campaign #WhereAreEritreasDissidents
The arrests of the journalists between 21 and 23 September 2001 followed the arrest on 18 September 2001 of politicians popularly known as G-15 and the banning of independent media after they had published an open letter urging reforms.
“It is unconscionable that these brave prisoners of conscience are still languishing in jail 20 years since they were arrested for exercising their human rights, with no word from the authorities on their current circumstances, and that the ban on independent media remains in place,” said Deprose Muchena, Amnesty International’s Regional Director for East and Southern Africa.
“Days have turned into months, months into years and now years have turned into decades of unending anguish for these detainees, their families and loved ones. We call on President Isaias Afewerki to take meaningful steps to bring an end to this travesty of justice.”
The journalists arrested between 21 and 23 September 2001 are Dawit Isaak, Seyoum Tsehaye, Dawit Habtemichael, Mattewos Habteab, Fesseaye “Joshua” Yohannes, Amanuel Asrat and Temesegn Gebreyesus, Said Abdelkader, Yosuf Muhamed Ali and Medhanie Haile. The politicians – all members of Isaias’ ruling People’s Front for Democracy and Justice (PFDJ) – include former Vice-President Mahmoud Ahmed Sheriffo and his wife and independence war heroine Aster Fissehatsion, and former foreign ministers Haile Woldetensae and Petros Solomon. Nine of the politicians and journalists have previously been reported to have died in detention, a claim the Eritrean authorities refuse to confirm.
“There are also many other politicians, journalists and activists that were arrested and detained without charge before September 2001 and since then and they must be released too,” said Deprose Muchena
Some of the high-profile detainees in Eritrea include former Finance Minister Berhane Abraha, who was arrested in September 2018 following his publication of a book considered critical of President Isaias, and Ciham Ali, the daughter of the defected former Minister of Information Ali Abdu, who was arrested in 2012 aged 15, as she tried to flee the country.
Amnesty International has documented extremely poor prison conditions in Eritrea, in some cases amounting to cruel, inhuman or degrading treatment. Prisons in Eritrea are generally overcrowded, with inadequate water and sanitation facilities and providing poor-quality food and drinking water.
Multiple reports of alleged human rights violations in Tigray
UN human rights chief, Michelle Bachelet on Monday deplored “multiple and severe reports of alleged gross violations of human rights, humanitarian and refugee law” committed by all parties to the conflict in Tigray.
In an update to the UN Human Rights Council (OHCHR) on the situation in the northernmost regional state in Ethiopia, Ms. Bachelet said the conflict has “continued unabated,” and “risks spilling over to the whole Horn of Africa”.
In the last few months, “mass detentions, killings, systematic looting, and sexual violence” have created “an atmosphere of fear and an erosion of living conditions that resulted in the forced displacement of the Tigrayan civilian population. Civilian suffering is widespread, and impunity is pervasive, she said.
The UN High Commissioner for Human Rights also informed the Council on progress made in the joint investigation by the OHCHR and the Ethiopian Human Rights Commission (EHRC) following the conclusion of the fieldwork phase of the report.
The full range of information collected is currently being analysed, but Ms. Bachelet said it was already clear that cases documented comprise multiple allegations of human rights violations.
These included attacks on civilians, extrajudicial killings, torture, and enforced disappearances. Sexual and gender-based violence has also included gang rapes, sexualised torture and ethnically targeted sexual violence.
Violations by all parties
According to Ms. Bachelet, Government forces and their allies continue to be implicated in allegations of human rights violations.
Reports also suggest that people of Tigrayan ethnicity have been detained by law enforcement officials on ethnic grounds, mostly in Addis Ababa.
She noted that incitement to hatred and discrimination were also documented targeting people of Tigrayan ethnicity, as well as attacks on journalists and the suspension of media outlets’ licenses and shutdowns of Internet and telecommunications in Tigray.
Ms. Bachelet added that Tigrayan forces have also allegedly been responsible for attacks on civilians, including indiscriminate killings resulting in nearly 76,500 people displaced in Afar and an estimated 200,000 in Amhara.
More than 200 individuals have reportedly been killed in the most recent clashes in these regions, and 88 individuals, including children, have been injured, she said.
There have also been reports of the recruitment of children into the conflict by Tigrayan forces, which is prohibited under international law.
Avoid national division
Ms Bachelet urged the Government of Ethiopia to accept the recommendations of the joint investigation report that will be issued on 1 November 2021 and to give human rights and humanitarian actors unhindered access. She called for all parties to immediately end hostilities and negotiate a lasting ceasefire to “avoid the risk that Ethiopia will be torn apart”.
The largest single shipment of humanitarian cargo to date has been airlifted to Ethiopia by the World Health Organization (WHO), the UN agency said on Monday.
85 metric tons of life-saving medical supplies were flown by a charter flight from WHO’s Logistics Hub based in Dubai to in Addis Ababa on Friday. The supplies, including essential medicines, trauma and emergency surgery kits, infusions, consumables, equipment, and cholera kits, are enough to address the urgent needs of more than 150 000 people.
“This delivery will help bolster our efforts to provide relief to hundreds of thousands of families who are grappling with a difficult humanitarian situation,” said Dr Boureima Hama Sambo, WHO Representative in Ethiopia.
Currently, nearly 2.5 million people are in need of health assistance from WHO and partners. The shipment to Ethiopia wrapped up a historic week for the WHO Dubai Logistics Hub. Four times the weekly average has been dispatched with over 450 metric tons of medical supplies valued at more than $ 4.3 million in support of cholera outbreak response in Nigeria, critical shortages of medicines in Afghanistan, and trauma and surgical supplies to Syria and Yemen.
Turkish Geopolitics and the Kabul Airport Saga
The Taliban’s ultimate agreement to a prominent Turkish security presence at Afghanistan’s only airport completes an important power-play for the...
Clean Skies for Tomorrow Leaders: 10% Sustainable Aviation Fuel by 2030
Today, 60 companies in the World Economic Forum’s Clean Skies for Tomorrow Coalition – whose mission is to accelerate the...
The Indo-Pacific Conundrum: Why U.S. Plans Are Destined to Fail
That U.S. Vice President Kamala Harris paid an official visit to Singapore and Vietnam in late August 2021 signifies clear...
The Battle for the Soul of Islam: Will the real reformer of the faith stand up?
Saudi and Emirati efforts to define ‘moderate’ Islam as socially more liberal while being subservient to an autocratic ruler is...
Financing Options Key to Africa’s Transition to Sustainable Energy
A new whitepaper outlining the key considerations in setting the course for Africa’s energy future was released today at the...
Eastern seas after Afghanistan: UK and Australia come to the rescue of the U.S. in a clumsy way
In March 2021 the People’s Republic of China emerged as the world’s largest naval fleet, surpassing the US Navy. An...
AUKUS: A Sequela of World War II and US Withdrawal from Afghanistan
Deemed as a historic security pact, AUKUS was unveiled by the leaders of the US, the UK and Australia –...
Defense4 days ago
American Weaponry in the Hands of the Taliban
Southeast Asia3 days ago
The Anandamahidol Foundation and the Legacy of Rama the Ninth of Thailand
Defense3 days ago
Presidential Irrationality and Wrongdoing in US Nuclear Command Authority
Energy3 days ago
Trans-Caspian Gas Pipeline – An ‘apple of discord’ between Azerbaijan and Russia?
Finance4 days ago
Deloitte reports FY2021 revenue
South Asia3 days ago
The Post-US Withdrawal Afghanistan: India, China and the ‘English Diplomacy’
Economy3 days ago
Economy Contradicts Democracy: Russian Markets Boom Amid Political Sabotage
Intelligence1 day ago
The AUKUS Alliance and “China’s Maritime Governance Strategy” in the Indo-Pacific