Browsing: CDC

• WHO, CDC launch joint unit to improve disaster preparedness.
• JEAP has a mandate for disaster response across Africa.
• JEAP prioritises readiness, and collective efforts to fight public health emergencies.

The World Health Organization (WHO) and Africa Centres for Disease Control and Prevention (Africa CDC) have launched a partnership to tackle challenges arising from humanitarian crises associated with disasters.

Dubbed Joint Emergency Preparedness and Response Action Plan (JEAP), the unit is a five-year strategic collaboration to boost the continent’s overall emergency preparedness and response.

JEAP has the mandate to operate across Africa to ensure among other things, disease outbreaks during humanitarian crises are managed efficiently.

Power of partnerships in global health

“The JEAP underscores the shared vision of Africa’s two leading public health institutions – to strengthen the emergency preparedness and response and health systems on the continent,” reads a press communique shared at the turn of the week.

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Barclays Bank Kenya has successfully changed its name to Absa Bank Kenya marking an end to centuries of the domination of the banking sector by British banks. This follows the acquisition of Barclays Plc operations in Africa in 2017 by Absa Bank of South Africa in restructuring by the London-based lender.

These are some of the changes experienced in several countries across Africa as the Absa brand cements its presence in the continent, a market that was firmly held by Barclays brand for almost a century. Similar changes have happened in Ghana, Botswana, Seychelles and Tanzania.

With these changes, the bank is knocking doors in one of the biggest global lenders, the Multi Investment Guarantee Agency (MIGA) with an aim of creating a broader investment base for individual banks in several African countries.

Different Central Banks in the region require commercial banks to have a minimal investment base to enable …

CDC Group, the UK’s publicly owned impact investor, has announced a commitment of US$39.2 million to support SMEs in West Africa. CDC is backing Verod Fund III and Adiwale Fund I, West-African based private equity funds targeting SMEs in the region, with commitments of US$19.2m and US$20m respectively.

In West Africa, banks and low levels of private equity activity are currently struggling to meet the financing needs of SMEs, hampering their potential as engines of economic growth in the region. Access to finance is cited as the top barrier for doing business in Nigeria and Ghana. Increasing access to capital to this market is a core element of the CDC’s Africa strategy by backing well-networked, experienced local teams.

This should, in turn, support private sector development, economic growth, and long-term sustainable employment, particularly for the semi-skilled and low-skilled workforce in the region, therefore contributing to Sustainable Development Goal 8: decent …