The man who’s awaken the world about Congo

Finally, the world met in Geneva on Friday 13th of April to gather the necessary financing to bring relief aid to desperate people of DRCongo. And this, subsequently to the efforts of DRC’s -Prime Minister Samy Badibanga Ntita. It is the first time ever that the International Community met to pledge financing for humanitarian aid to a war-torn country, big as one fourth of the United States, with some of its people unfortunately living in hellish conditions.

The hundred million Congolese thought the international community had abandoned them to their fate, in a crisis hidden behind the horrific news from Yemen and Syria. The stakes are high, with almost two billion dollars needed, which tells how much this mega-crisis has been forgotten and underfinanced.

Behind the figures, it is about humanity. It is challenging our hearts and willingness to deliver solidarity on a global scale. This is the unbelievable story of fifteen million people whose villages have been burnt down, their hospitals, schools and livelihoods looted and destroyed. The Congolese people of Kivu, Kasaï, Tanganyika and other regions of DR Congo have been attacked by armed men, in some cases by the Government security forces. Five million of them have been forced to flee and hide in the forests, after witnessing and being subjected to brutal rapes and killings of men, women and their children; the weapons of choice being guns, gasoline and machetes. In Kasaï, Kivu and Ituri, heart bleeding testimonials of survivors describe a situation which looks like the broad day light slaughterhouse of human beings

As we’ve just lost Winnie Mandela, who successfully fought apartheid in South Africa, as an eternal contribution to the freedom of black people in Africa and worldwide, it is shocking and outrageous. And it is sad that 13 million people are left in great need for relief aid after suffering so much violence. Today indeed, the DRCongo is the most important challenge to human dignity and global solidarity in Africa, if not in the world. This is coming out as an embarrassment to the International Community, when one considers that the equivalent of a 9/11 has been happening daily, for more than ten years, a problem now being exacerbated in the regions of Kasaï, Kivu and Ituri.

We also remember our fellow compatriot Michael Sharp brutally killed and beheaded in Kasaï, central DR Congo, together with Zaida Catalan, during an investigation for the United Nations. We pray for them and for their families.

Though the United Nations signalled alert calls after summer 2017, little has happened since. Aid workers and NGOs are still left to make impossible choices with little food aid or healthcare. Sadly, information indicates that the Government is hindering aid delivery, claiming taxes on relief aid, and finally refused to participate to the Geneva Conference.

We owe this first ever International Conference for DR Congo people to a man from Congo himself, my friend Samy Badibanga, who embarked in November last year on convincing the United Nations, the European Union, and developed Nations around the world to organize an International Conference to gather 1,68 billion dollars to finance the humanitarian needs of the people of DR Congo. Samy has led this work with Cardinal Mosengwo and Reverend Bokundoa towards its completion and deserves high recognition for the good and hope he just brought to his people.

The world now sees and knows what is going on in the Congo, and the everyday life of millions of women, left alone to provide for their children, amid their villages being burnt down and their husbands slaughtered in front of them. I hereby applaud Samy’s decisive commitment, faith in God and humanity, his work and achievement with the Churches of Congo. We now pray for relief aid to rapidly bring food, schools, healthcare, shelter, protection and security.

At Rainbow Push (https://RainbowPush.org), we’ll now pray for hope and strength to fill the heart of our fellow humans in DR Congo. Faith without deeds is indeed a contradiction. God bless Samy, the Congo and the whole Africa.

Keep Hope Alive
Reverend Jesse L. Jackson, Sr.
Founder & President

Distributed by APO Group on behalf of Rainbow Push.

Media Contact: Marie@APO-opa.org

Source:: The man who’s awaken the world about Congo

      

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The man who’s awaken the world about Congo

Finally, the world met in Geneva on Friday 13th of April to gather the necessary financing to bring relief aid to desperate people of DRCongo. And this, subsequently to the efforts of DRC’s -Prime Minister Samy Badibanga Ntita. It is the first time ever that the International Community met to pledge financing for humanitarian aid to a war-torn country, big as one fourth of the United States, with some of its people unfortunately living in hellish conditions.

The hundred million Congolese thought the international community had abandoned them to their fate, in a crisis hidden behind the horrific news from Yemen and Syria. The stakes are high, with almost two billion dollars needed, which tells how much this mega-crisis has been forgotten and underfinanced.

Behind the figures, it is about humanity. It is challenging our hearts and willingness to deliver solidarity on a global scale. This is the unbelievable story of fifteen million people whose villages have been burnt down, their hospitals, schools and livelihoods looted and destroyed. The Congolese people of Kivu, Kasaï, Tanganyika and other regions of DR Congo have been attacked by armed men, in some cases by the Government security forces. Five million of them have been forced to flee and hide in the forests, after witnessing and being subjected to brutal rapes and killings of men, women and their children; the weapons of choice being guns, gasoline and machetes. In Kasaï, Kivu and Ituri, heart bleeding testimonials of survivors describe a situation which looks like the broad day light slaughterhouse of human beings

As we’ve just lost Winnie Mandela, who successfully fought apartheid in South Africa, as an eternal contribution to the freedom of black people in Africa and worldwide, it is shocking and outrageous. And it is sad that 13 million people are left in great need for relief aid after suffering so much violence. Today indeed, the DRCongo is the most important challenge to human dignity and global solidarity in Africa, if not in the world. This is coming out as an embarrassment to the International Community, when one considers that the equivalent of a 9/11 has been happening daily, for more than ten years, a problem now being exacerbated in the regions of Kasaï, Kivu and Ituri.

We also remember our fellow compatriot Michael Sharp brutally killed and beheaded in Kasaï, central DR Congo, together with Zaida Catalan, during an investigation for the United Nations. We pray for them and for their families.

Though the United Nations signalled alert calls after summer 2017, little has happened since. Aid workers and NGOs are still left to make impossible choices with little food aid or healthcare. Sadly, information indicates that the Government is hindering aid delivery, claiming taxes on relief aid, and finally refused to participate to the Geneva Conference.

We owe this first ever International Conference for DR Congo people to a man from Congo himself, my friend Samy Badibanga, who embarked in November last year on convincing the United Nations, the European Union, and developed Nations around the world to organize an International Conference to gather 1,68 billion dollars to finance the humanitarian needs of the people of DR Congo. Samy has led this work with Cardinal Mosengwo and Reverend Bokundoa towards its completion and deserves high recognition for the good and hope he just brought to his people.

The world now sees and knows what is going on in the Congo, and the everyday life of millions of women, left alone to provide for their children, amid their villages being burnt down and their husbands slaughtered in front of them. I hereby applaud Samy’s decisive commitment, faith in God and humanity, his work and achievement with the Churches of Congo. We now pray for relief aid to rapidly bring food, schools, healthcare, shelter, protection and security.

At Rainbow Push (https://RainbowPush.org), we’ll now pray for hope and strength to fill the heart of our fellow humans in DR Congo. Faith without deeds is indeed a contradiction. God bless Samy, the Congo and the whole Africa.

Keep Hope Alive
Reverend Jesse L. Jackson, Sr.
Founder & President

Distributed by APO Group on behalf of Rainbow Push.

Media Contact: Marie@APO-opa.org

Source:: The man who’s awaken the world about Congo

      

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European Investment Bank and African Development Bank to support private sector investment in Nigeria with Development Bank of Nigeria backing

The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country. The European Investment Bank has finalized a US $20-million equity stake in the new financing institution, alongside US $50-million equity participation from the African Development Bank.

The Development Bank of Nigeria has been created by the Federal Government of Nigeria to address financing challenges hindering private sector investment in the country. The Bank is called to play an important and catalytic role in providing funding and risk sharing facilities to micro, small and medium enterprises as well as small corporates.

“The Development Bank of Nigeria will overcome the funding gap in the micro-, small- and medium-scale enterprises space and help businesses unlock opportunities across Nigeria. DBN’s ambition is strengthened by the financial and technical support of international partners, including the European Investment Bank and African Development Bank. The new institution builds on international experience and uses a business model that has demonstrated proven success to enhance private-sector investment across Africa and around the world where other financing options are inadequate or absent,” said Tony Okpanachi, Managing Director of the Development Bank of Nigeria.

“Private sector businesses are critical to the development of the Nigerian economy as they possess huge potential for employment generation and output diversification. Nevertheless, there has been under-performance of these businesses and this has undermined their contribution to economic growth. Among the issues affecting their performance, the shortage of finance, particularly investment finance, occupies a very central position. The Development Bank of Nigeria is expected to contribute to mobilizing significant long-term financing to an important yet underserved sector with high development potential,” said Stefan Nalletamby, Director of the Financial Sector Development Department at the African Development Bank.

“New private sector investment is crucial to create jobs and enable business to expand and limited access to long-term financing holds back economic growth. The European Investment Bank is pleased to support the new Development Bank of Nigeria to strengthen private-sector investment in Africa’s largest economy. We look forward to continued close cooperation with Nigerian and international partners to ensure that once fully operational the new Development Bank of Nigeria can help harness the country’s economic potential,” said Ambroise Fayolle, Vice-President of the European Investment Bank (EIB).

“The European Union is committed to supporting private-sector investment in Nigeria. The new backing for the Development Bank of Nigeria by both the European Investment Bank, the bank of the European Union and the African Development Bank, with 13 EU member state shareholders, will make a clear contribution to tackling the lack of access to credit by entrepreneurs and businesses across the country. With more investment, we hope to promote a vibrant economy and stimulate growth, employment and increase opportunities, especially for youth,” said Ambassador Ketil Karlsen, Head of the European Union Delegation to Nigeria and the Economic Community of West African States (ECOWAS).

Addressing the investment gap holding back private-sector investment

At present, new investment essential for companies to expand and create jobs is hindered by limited access to commercial banks. It is estimated by the Development Bank of Nigeria that only 5% of the 37 million entrepreneurs and small businesses in Nigeria that contribute to 50% of GDP can access credit in the financial system.

Building on broad international support

Other international financial institutions including the World Bank, Germany’s KfW and the French Agence française de développement (AFD) will also support the new bank alongside backing from the Federal Government of Nigeria.

Distributed by APO Group on behalf of European Investment Bank (EIB).

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President Cyril Ramaphosa Assures Investors South Africa is Creating an Enabling Environment for Investment

President Cyril Ramaphosa told investors and business leaders that South Africa is on the road to economic recovery as government is creating an enabling environment to boost investor confidence.

President Ramaphosa spoke in various engagements in London yesterday, Wednesday, 18 April 2018, including the Commonwealth Business Forum’s African Leaders’ Roundtable, a working lunch with senior international investors and business leaders hosted by Bloomberg and the Commonwealth Business Forum Heads of Government Roundtable with senior Business leaders.

President Ramaphosa has said that the creation of an enabling environment for investment included the effective management of the leadership transition in government; ushering in a new era of hope and confidence.

In this regard the President indicated that such efforts are already yielding positive results as business confidence and investor sentiment are showing signs of improvement and growth forecasts being revised upwards.

“Government is initiating measures to set the economy on a new path of growth, employment and transformation. We are moving swiftly to restore the credibility, stabilise the finances and improve the operational performance and governance at state owned companies”, said the President.

The President further said although under difficult fiscal conditions, “government is working to consolidate fiscal debt and rein in public expenditure”.

President Ramaphosa is in London leading the South African delegation to the Commonwealth Heads of Government Meeting (CHOGM 2018) commencing today, Thursday, 19 April 2018.

The President will today, Thursday, 19 April 2018, attend a working breakfast for Heads of Government and Commonwealth representatives, the CHOGM 2018 opening ceremony, the official welcome ceremony hosted by the Prime Minister and attend a number of executive sessions.

The Commonwealth consists of 53 members including: 19 African members, 7 Asian members, 13 members from the Caribbean and the Americas, 3 members from Europe and 11 members from the Pacific and meets every two years to discuss issues affecting both the Commonwealth members and the international community in general.

Distributed by APO Group on behalf of Republic of South Africa: The Presidency.

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