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The Mo Ibrahim Foundation welcomes the ‘call for action’ issued by African and European leaders

patriot by patriot
November 21, 2020
in Business
0

The COVID-19 pandemic is a global crisis, the first of its kind in our contemporary world at this level, depth and width. It makes no distinction of race or country, and knows of no borders. It will only be solved with collective and coordinated efforts. This is a matter of shared interest.

Africa is facing a severe challenge. In most countries, it will prove difficult at best to implement the measures adopted by more developed countries, such as social distancing, public health campaigns, and generous financial support offered to people and business. Many economies, whether mostly driven by commodity exports or sustained by high debt levels, will be highly disrupted. For most of the continent and its people, the economic crisis will hit hard and long. This will destroy recent progress, and worsen already existing fragilities, with all its consequences.

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We thus fully share, endorse and support the ‘call for action’ from African and European leaders published in the Financial Times, their view that “only a global victory that fully includes Africa can bring this pandemic to an end”, and their call for strong collective leadership, able to tackle the multiple, interconnected and cumulative aspects of this crisis. We must indeed address, together and at the same time, and the sooner the better, the need to strengthen Africa’s emergency health response capacity; the need to share scientific knowledge and expertise; the need to ensure the relevant humanitarian supply for the most affected communities – namely food security – lest people die from hunger before COVID-19; and the need to deploy a “massive economic stimulus package” – beginning with immediate debt relief.     

The Mo Ibrahim Foundation also wishes to welcome the recent appointment by the African Union of the four COVID-19 Special Envoys, Donald Kaberuka, Trevor Manuel, Ngozi Okonjo-Iweala, and Tidjane Thiam. These great African brothers and sisters are close friends of the Mo Ibrahim Foundation, with Donald Kaberuka one of MIF’s Board members, and Ngozi Okonjo-Iweala a member of MIF’s inaugural Prize Committee. They can rely on our full and committed support.  

Signatories

Ibrahim Laureates: President Joaquim Chissano, President Festus Mogae, President Pedro Pires, President Hifikepunye Pohamba, President Ellen Johnson Sirleaf.

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  • STANDARD BANK PROCESSES OVER CNY 8 BILLION IN PAYMENTS THROUGH CHINA’S CROSS-BORDER INTERBANK SYSTEMJuly 29, 2026
      Standard Bank, the biggest bank in Africa by assets and the first bank in Africa authorised to process transactions through China’s Cross-Border Interbank Payment System (CIPS) has facilitated over CNY 8 billion (US$ 1.2 billion) in transactions. RelatedPosts… Read more: STANDARD BANK PROCESSES OVER CNY 8 BILLION IN PAYMENTS THROUGH CHINA’S CROSS-BORDER INTERBANK SYSTEM
  • Electricity generation jumps 20%July 28, 2026
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