Wednesday, November 11, 2026
Home Blog Page 2150

Heavy rainfall in East Africa forces thousands of refugees from their homes

0

Thousands of people, including refugees, continue to be caught up in the ongoing El Niño-triggered heavy rains and severe flooding sweeping across East Africa.

UNHCR, the UN Refugee Agency, is particularly concerned about thousands of refugees and other displaced people being forced to escape once again for their lives after their homes were washed away.

In Kenya, nearly 20,000 people in the Dadaab refugee camps – which host over 380,000 refugees – have been displaced due to the rising water levels. Many of them are among those who arrived in the past couple of years after fleeing severe drought in neighboring Somalia. Some 4,000 people are currently sheltering in six schools with facilities that have been extensively damaged. The others are staying with friends or relatives in other parts of the camp. Several latrines have collapsed, putting refugees at risk of deadly water-borne diseases.

In Burundi, around 32,000 refugees – nearly half of the refugee population in the country – are living in areas affected by the floods, with 500 of them requiring urgent assistance. In the capital, Bujumbura, refugee families along with many Burundians, including elderly people, have had to relocate multiple times as water levels continue to rise. Access to food and other necessities is increasingly difficult as prices have risen due to high fees to use canoes to move goods.  Education has ground to a halt as classrooms are flooded and learning materials destroyed. Beyond Bujumbura, rent prices have reportedly doubled, making it too expensive for many refugee families to relocate, leaving them with little choice than to remain in their water-logged homes. Nyanza Lac commune in Makamba province, an area that has received 25,000 Burundian refugees returning home from exile in the past few years, is also badly affected.

Other countries in the region where the displaced are among the hardest hit include Somalia, where over 46,000 internally displaced people in five locations in the south of the country have been forced to relocate due to flash floods, and Tanzania, where over 200,000 refugees mainly from the DRC and Burundi hosted in the Nyarugusu and Nduta camps have been impacted. Shelters within the two camps have been damaged, affecting some 200 families. UNHCR’s office in Kigoma was also recently flooded.

UNHCR is working closely with local authorities and partners, rushing crucial aid and providing protection services to refugees and affected communities living nearby.

In Kenya, we are providing refugees with relief items like tarpaulins, mosquito nets, dignity kits, soap and jerricans, with special attention to older people and those living with disabilities. We are helping families relocate to safer locations until the waters recede. In Burundi, as part of the interagency response led by the Government, UNHCR will provide shelter kits and cash assistance to help refugees. Thousands of former Burundian refugees who have returned to their country are among those prioritized for support. In Tanzania, we are working with local partners to rehabilitate refugee shelters. In Somalia, critical protection assistance and essential items are being delivered to internally displaced families.

Climate change is making many parts of the world – especially in fragile regions like East Africa and the Horn of Africa – increasingly uninhabitable. Storms are more devastating. Wildfires have become commonplace. Floods and droughts are intensifying. Some of these impacts are irreversible and threaten to continue worsening, and displaced people are bearing the brunt of the impact.

These floods show the gaps in preparedness and early action. Funding available to address the impacts of climate change is not reaching those forcibly displaced, nor the communities hosting them. Without help to prepare for, withstand and recover from climate-related shocks, they face an increased risk of further displacement. 

In April 2024, UNHCR launched its first-ever Climate Resilience Fund to reinforce the need to build the resilience of refugees, displaced communities, and their hosts to the increasing intensity of climate-change-related extreme weather events.

Distributed by APO Group on behalf of United Nations High Commissioner for Refugees (UNHCR).

CORRECTION: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Kingdom of Saudi Arabia’s National Infrastructure Fund (INFRA) Partner to Boost Infrastructure Development in Saudi Arabia

0

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a leading Shariah-based multilateral insurer and esteemed member of the Islamic Development Bank (IsDB) Group, is proud to announce the signing of a Memorandum of Understanding (MoU) with the National Infrastructure Fund of Saudi Arabia (INFRA). This pivotal MoU was signed during the IsDB Group Annual Meeting 2024, which took place in Riyadh, Saudi Arabia, by ICIEC’s CEO, Mr. Oussama Kaissi, and Eng. Esmail Alsallom, CEO of INFRA and witnessed by H.E. Dr. Muhammad Al Jasser, Chairman of the Board of Directors of ICIEC.

This MoU establishes a framework for cooperation between ICIEC and INFRA. Key initiatives include exploration of opportunities of mutual interest within the Kingdom in line with its developmental objectives, institutional cooperation and knowledge exchange through  continuation of dialogue and participation in relevant events. Additionally, the parties will coordinate participation in field-related activities and foster affiliations with relevant entities or professional associations to strengthen collaborative ties. Through this collaboration, ICIEC will support INFRA’s efforts to accelerate strategic infrastructure projects in the Kingdom, contributing to the goals of Saudi Vision 2030.

Mr. Oussama Kaissi, the CEO of ICIEC, expressed his pleasure about the agreement, stating, “We are delighted to enter into this collaboration with INFRA. Our joint efforts will focus on strengthening the economic frameworks within our member states. This MoU sets the tone of our shared commitment to promoting sustainable development through enhanced understanding and cooperation in insurance solutions and infrastructure development in the Kingdom.”

Distributed by APO Group on behalf of Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

Media Contact:
Rania Binhimd
Communication Department
Email: Rbinhimd@isdb.org

Follow us on: 
X: https://apo-opa.co/3xZ0397
Facebook: https://apo-opa.co/3y6MFzx
LinkedIn: https://apo-opa.co/44n9Wt5
YouTube: https://apo-opa.co/4diTJZZ

About The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC):
ICIEC commenced operations in 1994 to strengthen economic relations between OIC Member States and promote intra-OIC trade and investments by providing risk mitigation tools and financial solutions. The Corporation is uniquely the only Islamic multilateral insurer in the world. It has led from the front in delivering a comprehensive suite of solutions to companies and parties in its 49 Member States. ICIEC, for the 16th consecutive year, maintained an “Aa3” insurance financial strength credit rating from Moody’s, ranking the Corporation among the top of the Credit and Political Risk Insurance (CPRI) Industry. Additionally, ICIEC has been assigned a First-Time AA- long-term Issuer Credit Rating by S&P with Stable Outlook.  ICIEC’s resilience is underpinned by its sound underwriting, reinsurance, and risk management policies. Cumulatively, ICIEC has insured more than US$ 108bn in trade and investment. ICIEC activities are directed to specific sectors – energy, manufacturing, infrastructure, healthcare, and agriculture.

For more information, visit: http://ICIEC.IsDB.org    

Nigeria Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)

0

The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank (Afreximbank). Nigeria joins the ranks of countries acceding to the Establishment Agreement of FEDA, becoming the 16th nation to do so. This underscores the increasing backing the Fund enjoys among African nations.

This announcement comes three decades following Afreximbank’s establishment in Nigeria, a key milestone that boldly demonstrates Nigeria’s continued commitment to supporting Afreximbank and FEDA’s missions. FEDA sees new memberships as critical to broadening its scope of interventions and its mission of delivering long-term capital to African economies, with a focus on industrialization, intra-African trade and value-added exports. The signing of the FEDA Establishment Agreement is expected to pave the way for the ratification of the Agreement in due course. This will in turn bolster FEDA’s interventions in Nigeria.

Professor Benedict Oramah, President of Afreximbank and Chairman of the Boards of both Afreximbank and FEDA, commented: “We extend our sincere appreciation to the Federal Republic of Nigeria for the signing of the FEDA Establishment Agreement. This significant achievement further strengthens the already robust partnership between Afreximbank and Nigeria, one of the Bank’s foremost supporters. The partnership will enhance investments in sectors critical to the development journey of Nigeria.” 

Other countries who have acceded to FEDA’s Establishment Agreement include Rwanda, Mauritania, Guinea, Togo, South Sudan, Zimbabwe, Kenya, Chad, Republic of the Congo, Gabon, Sierra Leone, São Tomé and Príncipe, Equatorial Guinea, Ghana and Egypt.

Distributed by APO Group on behalf of Afreximbank.

Media Contact:
Vincent Musumba
Manager, Media Relations
Email: press@afreximbank.com
Tel: +20 2 24564100 /1/2/3
Mobile: +201030121123

About FEDA:
The Fund for Export Development in Africa (“FEDA”) is the impact investment subsidiary of Afreximbank set up to provide equity, quasi-equity, and debt capital to finance the multi-billion-dollar funding gap (particularly in equity) needed to transform the Trade sector in Africa. FEDA pursues a multi-sector investment strategy along the intra-African trade, value-added export development, and manufacturing value chain which includes financial services, technology, consumer and retail goods, manufacturing, transport&logistics, agribusiness, as well as ancillary trade enabling infrastructure such as industrial parks.

About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. At the end of December 2023, Afreximbank’s total assets and guarantees stood at over US$37.3 billion, and its shareholder funds amounted to US$6.1 billion. The Bank disbursed more than US$104 billion between 2016 and 2023. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure, (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

President Museveni Calls for Global Fund Support to Purchase Local Medical Supplies

0

President Yoweri Kaguta Museveni has today met and held discussions with Mr. Peter Sands, the Executive Director of the Global Fund at State House-Entebbe.

The Global Fund is an international organisation created in 2002 as an innovative financing mechanism seeking to rapidly raise and disburse funding for programs that reduce the impact of HIV/AIDS, tuberculosis, and malaria in low- and middle-income countries.

During the meeting, President Museveni appealed to the organisation to consider purchasing drugs, vaccinations, and other essential medical supplies from local manufacturers to enhance the country’s knowledge economy.

He also emphasised the importance of investing in the knowledge economy, particularly in vaccines, drugs, and scientific innovations for a country like Uganda.

Adding to the President’s submission, the Minister of Health, Dr. Jane Ruth Aceng outlined the four key areas for potential procurement, including Antiretroviral Drugs for HIV treatment, rapid diagnostic tests for malaria and HIV, long-lasting insecticidal nets and medical gloves.

President Museveni also reassured the Global Fund of Uganda’s commitment to combating HIV/AIDS and malaria, stressing the need for prevention alongside treatment efforts.

“For the last 30 years, we have spread our HIV prevention message, and people have heard it. Today, the prevalence rates have significantly reduced, and those living with HIV are adhering to their ARVs. However, they should be aware of the physical exhaustion that comes with taking the drugs and take good care of themselves,” the President advised.

On the other hand, President Museveni articulated Uganda’s economic progress through phases, underscoring the nation’s transition towards diversification and the expansion of its money economy.

“When we came in, we aimed at a number of phases. Phase one was what we called minimum recovery to bring back the small island of the money economy surrounded by those who work only for the stomach. This you can see with tourism, which has come back, along with maintained coffee production, a slight increase in cotton production, and the resurgence of tea,” he said.

“However, we have not yet succeeded in reviving the copper industry. Phase two was to expand that small island, which we have done. For instance, coffee production has increased from 2 million bags to now 9 million bags, and tea production has grown from 3 million kilograms to now 60 million kilograms,” he added.

Mr. Sands reciprocated the commitment assurance, expressing the Global Fund’s willingness to collaborate with local markets to ensure the supply of essential medical supplies while addressing cost-cutting considerations, market competitiveness, and tendering issues.

In his response, President Museveni committed to enhancing further engagements with local drug manufacturers to establish mutually beneficial terms for supplying their products to the Global Fund.

Mr. Sands also noted that the Global Fund’s partnership with Uganda’s Health Ministry aims to accelerate the end of AIDS, tuberculosis, and malaria epidemics and shall continue to support the government’s efforts in preventing the spread of these diseases.

“With a cumulative investment of $2.9 billion and a forthcoming $700 million investment over the next three years, the Fund focuses on combating prevalent diseases and addressing unique challenges such as mosquito resistance and HIV/AIDS prevention,” he informed the President.

The Global Fund chief further lauded the President for his fight to end HIV/AIDS, stating that a progressive impact has been made.

“Thanks to the implementation of large-scale prevention, diagnosis, treatment, and care programs, all provided on the principle of access to healthcare for all who need it, without stigma or discrimination. This approach has saved lives.”

The meeting was attended by the Minister of Finance, Planning, and Economic Development, Hon. Matia Kasaija, the Permanent Secretary- Ministry of Health, Dr. Diana Atwine and Dr. Medard Bitekyerezo, the Chairman of the National Drug Authority (NDA).

Others in attendance were local drug manufacturers such as Mr. Emmanuel Katongole, the co-founder, and Chairman of Quality Chemicals Limited.

Distributed by APO Group on behalf of State House Uganda.