Conflict’s Long Shadow Has a Name: It’s Hunger

Families arrive in South Sudan after fleeing conflict in Sudan. Credit: WFP/Hugh Rutherford

By Charles E. Owubah
NEW YORK, Apr 16 2024 – Scarce food and drinking water. Limited and inconsistent healthcare. Rapidly deteriorating mental health. With conflict on the rise globally, this is the grim reality for millions around the world.

April 7th will mark the sixth-month anniversary of the attack on Israel and the subsequent war in Gaza, which has killed over 30,000 people. It has left millions without shelter, medicine, food or clean water. Without intervention, 50% of Gaza’s population is at imminent risk of famine.

While this tragedy understandably dominates global headlines, there are countless hostilities that don’t make the news. Many bear grim similarities to Gaza, but the striking difference is that other places are seemingly invisible, their people left to suffer in conflict’s dark shadow as hunger and an ever-rising death toll becomes the norm.

Though the ups and downs of fighting can be unpredictable, the link between conflict and hunger is not. Over 85% of people experiencing hunger crises worldwide live in conflict-affected countries.

Hunger can be both a trigger and a consequence of conflict; limited resources can drive disputes for food and the means to produce it, and conflict can disrupt harvests and force families from their homes.

Climate change makes it even harder for people to cope, since heatwaves, droughts and floods further lower crop yields and access to support.

Gender-based violence also increases during conflict. This can include sexual based violence, forced or early marriage, and intimate partner violence. Violence against women and girls is sometimes even used as a weapon of war.

For vulnerable populations trapped in forgotten crises, humanitarian aid–or the lack of it–can mean the difference between life and death.

In Eastern parts of the Democratic Republic of the Congo (DRC), for example, rampant violence has left nearly 7 million Congolese internally displaced, making it the second-largest crisis of this kind anywhere in the world. Hundreds of thousands are hungry and need immediate humanitarian assistance.

Since January’s upsurge in conflict, Action Against Hunger health facilities in the region have admitted four times the number of severely malnourished children under five years old.

Outside the city of Goma and across North Kivu province, where there are almost 2.4 million displaced people, violence has stopped families from returning to their homes for weeks or months at a time, leaving them largely unable to grow food and few resources to buy it.

The fighting has involved indiscriminate targeting of civilians and infrastructure, militarization of camps for internally displaced people, and blockades on key supply routes.

Many families struggle to find basic necessities, let alone afford them. Humanitarian organizations can’t deliver much-needed assistance. People are increasingly destitute and desperate.

Similarly, in Sudan, a year of conflict has left almost 18 million people – one third of the country’s population – acutely food insecure. The conflict is primarily focused around the capital of Khartoum, with a devastating effect on the whole country. Around 10% of the population is on the brink of famine.

With key trade routes compromised, shortages of food, fuel, medicines and other basic supplies means prices are soaring, and the limited goods are out of reach of most families. A large-scale cholera outbreak is causing the situation to deteriorate further.

The disease leads to diarrhea and worsens malnutrition. It is so contagious even one case must be treated as an epidemic; Sudan has seen more than 10,000 cases, and counting. Cholera can kill within hours if not treated, but medical help is in short supply.

Violence prevents humanitarian workers from accessing hard-hit communities, leaving many without access to food, healthcare and basic necessities.

As a result, millions have fled their homes in search of food and safety. Nearly 11 million people are displaced, whether internally, in neighboring nations or scattered around the world. It is also the world’s largest child displacement crisis, impacting four million children. Some are with family, some entirely on their own.

In Yemen, nine years of war has destroyed huge swaths of the country’s infrastructure and left 17.6 million people, more than half the population, dependent on food aid. Every day, Yemeni families struggle to secure basics like food, clean water, and staples like cooking fuel, soap and other household supplies.

After the outbreak of the Israel-Gaza war, hostilities around the Red Sea and the recent U.S. designation of the Houthis as a terrorist organization are combining to pose new challenges in an already complex region.

The U.S. designation effectively criminalized key transactions necessary for the imports Yemen relies on for 85% of its food, fuel supplies, and almost all medical supplies.

The stress of living under constant pressure to meet their most basic needs, and an estimated 377,000 conflict-related deaths, has meant Yemen also faces a severe mental health crisis.

More than a quarter of Yemenis—over eight million people—suffer from mental health challenges such as depression, anxiety or post-traumatic stress disorder. According to surveys by Action Against Hunger and other data, the continuing conflict, forced displacement, deteriorating economic situation, poverty, and food shortages are exacerbating the prevalence of mental health challenges.

Despite the rising death tolls, unimaginable suffering and ongoing violence, these conflicts are largely forgotten. So are countless others. Funding for hunger-related aid is woefully insufficient.

In 2023, only 35% of appeals from countries dealing with crisis levels of hunger were satisfied, according to the Action Against Hunger 2023 Hunger Funding Gap Report.

Ignoring these crises means a terrible cost, both to the people impacted and also to ourselves. Today, the world is so small and interconnected that massive instability anywhere has ripples everywhere.

Of course, the ideal solution is peace. Until then, we need the international community to advocate for safe humanitarian access in conflict zones. We also need greater funding for the most basic of human rights, such as food and access to healthcare. Bringing attention to these forgotten crises is the first step toward both.

That is why we continue to call on the international community and major donors to prioritize the world’s most vulnerable and to dramatically increase funding, especially through investment in locally-led NGOs that focus on gender in their programming.

While emergency aid is essential, we also need funding for long term approaches that build resilience, helping at-risk populations create their own path to a more secure future.

Dr. Charles E. Owubah is CEO, Action Against Hunger

IPS UN Bureau

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

Who Should be the Next UN Leader?PART 2

Crerdit: UN Photo/Cia Pak

 
With current UN Secretary-General António Guterres set to step down in 2026, who is in the running to replace him? This seven-part series reveal who might be nominated and assess their chances.

 
The potential candidates include Amina J. Mohammed (Nigeria), Mia Motley (Barbados), Alicia Barcena (Mexico), Maria Fernanda Espinosa (Ecuador), Rebeca Grynspan (Costa Rica) and Michelle Bachelet (Chile). These are names that have come up in conversations with UN insiders and other experts. All six would offer skills and experiences we believe would be valuable in these fast-paced, uncertain times.

By Felix Dodds and Chris Spence
APEX, North Carolina / DUBLIN, Ireland, Apr 16 2024 – When the conversation turns to who might replace António Guterres as UN Secretary-General, the name of Mia Mottley, Prime Minister of Barbados, is on many insiders’ lips. In addition to being Prime Minister, she also serves as her country’s Minister of Finance, Economic Affairs and Investment, as well as its Minister of National Security and Public Service.

She is Barbados’ eighth Prime Minister and the first woman to hold this office. She has led her country’s Labour Party to two landslide election victories in 2018 and 2022. If UN member states are looking for a head of state to guide the UN and multilateralism in these troubled times, Mia Mottley will be a clear contender.

UN Photo/Cia Pak
“Our world knows not what it is gambling with, and if we don’t control this fire, it will burn us all down … Who will get up and stand up for the rights of our people?” — Mia Mottley, UN General Assembly, 2021. Prime Minister Mia Amor Mottley of Barbados addresses the general debate of the General Assembly’s 78th session September 2023

Mia Mottley first appeared on many people’s radars after her impassioned speech at the Glasgow COP26 Climate Conference in late 2021. Her fiery words in Scotland were followed shortly afterwards by her Bridgetown Initiative, which calls for a major reform of the world’s multilateral financial institutions, including the International Monetary Fund and World Bank.

In particular, Mottley wants the IMF and others to ramp-up their work on climate change and other development challenges and provide more support for the most vulnerable countries. She has urged making financing easier to access and available at lower interest rates. For the most vulnerable, she is an advocate for grants, rather than loans that increase a country’s debt.

Working with the government of France and other partners from both North and South, Mottley has been advocating for clear and measurable changes in international funding, including more money for climate resilience and special drawing rights to enable developing countries to access emergency climate funds quickly and easily.

Her vocal calls for a “loss and damage” fund paid off at COP27 in Egypt when, against many insiders’ expectations, Mottley and her allies successfully advocated for the creation of a new funding institution.

This fund, which will support countries suffering loss and damage from climate change, had long been considered unachievable due to opposition in the North. The breakthrough at COP27 and subsequent progress at COP28 in Dubai have burnished Mottley’s reputation as a reformer.

Climate financing is not the only issue where the Barbadian leader has made a name for herself, however. On COVID 19, she resisted calls to restrict cruise ships when the pandemic hit, offering 28 “homeless” vessels entry in 2020 when other countries were turning them away.

More recently, she has been leading efforts on antimicrobial resistance—an issue widely viewed as a major emerging global threat to human health. She has also been a strong advocate for sustainable development and for reparations for slavery.

A Republican and UN Reformer

In 2021, Mottley also took the historic act of transforming Barbados into a republic, bidding farewell to Queen Elizabeth II as the country’s Head of State. More recently, she has set her sights on reforming the UN Security Council and in particular the veto powers granted to the UK, US, Russia, China, and France.

In her speech in 2022 to the UN General Assembly, Mottley said:

    “We believe that a Security Council that retains the power of veto in the hands of a few will still lead us to war as we have seen this year, and therefore the reform cannot simply be in its composition but also [must include] the removal of that veto.”

Assessing Mottley’s Prospects

Could Mia Mottley become the next UN Secretary-General? Here is our assessment of her advantages and disadvantages should she choose to enter the contest.

Advantages

    – A Woman Leader: Mia Mottley would be a strong candidate to break the glass ceiling and become the first female leader of the UN.
    – Location, Location: With the tradition that the UN Secretary-General is chosen by rotating through the various UN regions, Mottley might be in the right place at the right time. Although the last selection broke the cycle (Guterres is from Portugal, whereas an Eastern European was supposed to be chosen), some people believe the convention of rotation should be restored and that it is now the turn of the Latin America and Caribbean region to nominate Guterres’ successor. Given Barbados’ location, Mottley could find herself coming from the right place at the right time.
    – Proven Impact: Mottley’s success with the loss and damage fund, as well as her noteworthy move to turn Barbados into a republic, have given her a reputation as someone who can get things done. Given the uncertainty swirling around international diplomacy these days, a figure with a reputation as a dynamic achiever may be welcomed.
    – Connections: As a national leader active on the international stage, Mottley is well connected and has developed good relations with leaders both in the North and South. Could her networks and connections with senior politicians help her?

Disadvantages

    – A Threat to the Big Five? Mottley is pushing for UN Security Council reform, including ending the veto powers of the Big Five permanent members: the US, UK, China, Russia, and France. And yet it is these countries that must ultimately agree on and nominate a candidate for Secretary-General, which the General Assembly must then approve.

    While it seems highly unlikely the UK would hold any grudges at Barbados’ move to become a republic—something other countries have done before—how comfortable would any of the so-called Big Five feel appointing a fiery advocate for curtailing their own UN status and privilege? Would they resist such change … or might they see in Mottley someone with whom they could talk, negotiate, and possibly find some sort of compromise?

Whoever emerges as Guterres’ successor will need to convince all five permanent Security Council members that they are the best person for the job. It will be a difficult line for anyone to walk, especially when even a single veto could scuttle their hopes.

In spite of Mottley’s obvious credentials, it is her advocacy for Security Council reform that may weigh most heavily against any aspirations she may have to take the top job. The powers of persuasion for which she is known will need to be on full display.

Prof. Felix Dodds and Chris Spence have participated in United Nations conferences and negotiations since the 1990s. They co-edited Heroes of Environmental Diplomacy: Profiles in Courage (Routledge, 2022), which examines the roles of individuals in inspiring change.

IPS UN Bureau

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

Solar Power and Biogas Empower Women Farmers in Brazil

Leide Aparecida Souza, president of the Association of Residents of the Genipapo Settlement in the rural area of Acreúna, a municipality in central-western Brazil, stands next to breads and pastries from the bakery where 14 rural women work. The women's empowerment and self-esteem have been boosted by the fact that they earn their own income, which is more stable than from farming, and provide an important service to their community. CREDIT: Marina Carolina / IPS

Leide Aparecida Souza, president of the Association of Residents of the Genipapo Settlement in the rural area of Acreúna, a municipality in central-western Brazil, stands next to breads and pastries from the bakery where 14 rural women work. The women’s empowerment and self-esteem have been boosted by the fact that they earn their own income, which is more stable than from farming, and provide an important service to their community. CREDIT: Marina Carolina / IPS

By Mario Osava
ACREÚNA/ORIZONA, Brazil , Apr 16 2024 – A bakery, fruit pulp processing and water pumped from springs are empowering women farmers in Goiás, a central-eastern state of Brazil. New renewable energy sources are driving the process.

“We work in the shade and have a secure, stable income, not an unsteady one like in farming. We cannot control the price of milk, nor droughts or pests in the crops,” said Leide Aparecida Souza, who runs a bakery in the rural area of Acreúna, a municipality of 21,500 inhabitants in central Goiás.”The Network is the link between the valorization of rural women, family farming and the energy transition. We chose family farmers because they are the ones who produce healthy food.” — Jessyane Ribeiro

The bakery supplies a variety of breads, including cheese buns and hot dog buns, as well as pastries, cakes and biscuits to some 3,000 students in the municipality’s school network, for the government’s school feeding program, which provides family farming with at least 30 percent of its purchases. Welfare institutions are also customers.

The bakery is an initiative of the women of the Genipapo Settlement, established in 1999 by 27 families, as part of the agrarian reform program implemented in Brazil after the 1964-1985 military dictatorship, which has so far settled 1.3 million families on land of their own.

Genipapo, the name chosen for the settlement, is a fruit of the Cerrado, the savannah that dominates a large central area of Brazil. Each settled family received 44 hectares of land and local production is concentrated on soybeans, cassava and its flour, corn, dairy cattle and poultry.

Six solar panels will reduce the costs of the women's bakery, installed on the former estate where 27 families were given land in Acreúna, in the Brazilian state of Goiás, as part of the country's ongoing agrarian reform program. CREDIT: Mario Osava / IPS

Six solar panels will reduce the costs of the women’s bakery, installed on the former estate where 27 families were given land in Acreúna, in the Brazilian state of Goiás, as part of the country’s ongoing agrarian reform program. CREDIT: Mario Osava / IPS

Bakery empowers rural women

The women of the Association of Residents of the Genipapo Settlement decided to create a bakery as a new source of income 16 years ago. They also gained self-esteem and autonomy by earning their own money. In general, agricultural and livestock income is controlled by the husbands.

Each of the women working at the bakery earns about 1,500 reais (300 dollars) a month, six percent more than the national minimum wage. “We started with 21 participants, now we have 14 available for work, because some moved or quit,” Souza said.

A year ago, the project obtained a solar energy system with six photovoltaic panels from the Women of the Earth Energy project, promoted by the Gepaaf Rural Consultancy, with support from the Socio-environmental Fund of the Caixa Econômica Federal, the regional bank focused on social questions, and the public Federal University of Goiás (UFG).

Gepaaf is the acronym for Management and Project Development in Family Farming Consultancy and its origin is a study group at the UFG. The company is headquartered in Inhumas, a city of 52,000 people, 180 km from Acreúna.

Due to difficulties with the inverter, a device needed to connect the generator to the electricity distribution network, the plant only began operating in March. Now they will see if the savings will suffice to cover the approximately 300 reais (60 dollars) that the bakery’s electricity costs.

Iná de Cubas stands next to the biodigester that she got from the Women of the Earth Energy project in the municipality of Orizona, in the center-east of the Brazilian state of Goiás. The biogas generated benefits the productive activities of small farmers in rural settlements, as do solar plants on a family or community scale. Image: Mario Osava / IPS

Iná de Cubas stands next to the biodigester that she got from the Women of the Earth Energy project in the municipality of Orizona, in the center-east of the Brazilian state of Goiás. The biogas generated benefits the productive activities of small farmers in rural settlements, as do solar plants on a family or community scale. Image: Mario Osava / IPS

“It’s not that much money, but for us every penny counts,” Souza said. Electricity is cheap in their case because it is rural and nocturnal consumption. Bread production starts at 5:00 p.m. and ends at 3:00 or 4:00 a.m. from Monday to Thursday, according to Maristela Vieira de Sousa, the group’s secretary.

The industrial oven they use is low-consumption and wood-burning. There is another, gas-fired oven, which is only used in emergencies, “because it is expensive,” said de Sousa. Biogas is a possibility for the future, which would use the settlement’s abundant agricultural waste products.

Alternative energies make agribusiness viable

Iná de Cubas, another beneficiary of the Women of the Earth Energy project, has a biodigester that supplies her stove, in addition to eight solar panels. They generate the energy to produce fruit pulp that also supplies the schools of Orizona, a municipality of 16,000 inhabitants in central-eastern Goiás.

The solar plant, installed two years ago, made the business viable by eliminating the electricity bill, which was high because the two refrigerators needed to store fruit and pulp consume a lot of electricity.

The abundance of fruit residues provides the inputs for biogas production, an innovation in a region where manure is more commonly used.

The refrigerators in which Iná de Cubas keeps the fruit and fruit pulp that she prepares for sale to schools in Orizona in central Brazil consume a great deal of electricity. CREDIT: Mario Osava / IPS

The refrigerators in which Iná de Cubas keeps the fruit and fruit pulp that she prepares for sale to schools in Orizona in central Brazil consume a great deal of electricity. CREDIT: Mario Osava / IPS

“I only use an additional load of animal feces when I need more biogas,” said Cubas, who gets the manure from her neighbor’s cows, since she does not raise livestock.

On her five hectares of land, Cubas produces numerous species of fruit for her cottage industry.

In addition to typical Brazilian fruits, such as cajá or hog plum (Spondias mombin), pequi or souari nut (Caryocar brasiliense) and jabuticaba from the grapetree (Plinia cauliflora), she grows lemons, mangoes, oranges, guava and avocado, among others.

For the pulp, she also uses fruit from neighbors, mostly relatives. The distribution of her products is done through the Agroecological Association of the State of Goias (Aesagro), which groups 53 families from Orizona and surrounding areas.

Agroecology is the system used on her farm, where the family also grows rice, beans and garlic. The crops are irrigated with water pumped from nearby springs that were recovered by the diversion of a road and by fences to block access by cattle, which used to trample the banks.

“The overall aim is to strengthen family farming, the quality of life in the countryside, incomes, and care for the environment, and to offer healthy food, without poisonous chemicals, especially for schools,” explained Iná de Cubas.

Biodigesters made of steel and cement, solar energy for different purposes, including pumping water, rainwater collection and harvesting, are part of the “technologies” that the Women of the Earth Energy project is trying to disseminate, said Gessyane Ribeiro, Gepaaf’s administrator.

In the area where Iná de Cubas lives, the project installed five biodigesters and seven solar pumps for farming families, in addition to solar plants in schools, she said.

The eight solar panels on the roof of the Cubas family’s house, in the rural area of Orizona, make small agro-industrial processes viable, adding value to the wide diversity of native fruits from different Brazilian ecosystems, such as the Cerrado savannah and the Amazon rainforest, along with species imported throughout the country’s history. CREDIT: Mario Osava / IPS

Network of rural women

The Women of the Earth Energy Network, brought together by the project and coordinated by Ribeiro, operates in six areas defined by the government based on environmental, economic, social and cultural similarities. In all, it involves 42 organizations in 27 municipalities in Goiás.

The local councils choose the beneficiaries of the projects, all implemented with collective work and focused on women’s productive activities and the preservation of the Cerrado. All the beneficiaries commit themselves to contribute to a solidarity fund to finance new projects, explained agronomist Ribeiro.

“The Network is the link between the valorization of rural women, family farming and the energy transition,” she said. “We chose family farmers because they are the ones who produce healthy food.”

“We offer technological solutions that rely on the links between food, water and energy, to move towards an energy transition that can actually address climate change,” said sociologist Agnes Santos, a researcher and communicator for the Network.

Recovering and protecting springs is another of the Women’s Network’s activities.

Two solar panels run a pump installed in a spring in the forest to pump the water needed by the 29 cows owned by Nubia Lacerda Matias' family in Orizona, in the state of Goiás, near Brasilia. Thus the cows stopped drinking water in the springs, which are now fenced off, vital to protect the water source for local families living downstream. CREDIT: Mario Osava / IPS

Two solar panels run a pump installed in a spring in the forest to pump the water needed by the 29 cows owned by Nubia Lacerda Matias’ family in Orizona, in the state of Goiás, near Brasilia. Thus the cows stopped drinking water in the springs, which are now fenced off, vital to protect the water source for local families living downstream. CREDIT: Mario Osava / IPS

Nubia Lacerda Matias celebrates the moment she was invited to join the movement. She won a solar pump, made up of two solar panels and pipes, which bring water to her cattle that used to damage the spring, now protected by a fence and a small forest.

“It’s important not only for my family, but for the people living downhill” where a stream flows, fed by various springs along the way, she said.

But the milk from the 29 cows and corn crops on her 9.4-hectare farm are not enough to support the family with two young children. Her husband, Wanderley dos Anjos, works as a school bus driver.

Iná de Cubas’ partner, Rosalino Lopes, also works as a technician for the Pastoral Land Commission, a Catholic organization dedicated to rural workers.

In his spare time, Lopes invents agricultural machines. He assembles and combines parts of motorcycles, tractors and other tools, in an effort to fill a gap in small agriculture, undervalued by the mechanical industry and scientific research in Brazil.

CORRECTION: EMGA obtient un financement par emprunt de 50 millions de dollars pour la société kazakhe MFO KMF

LONDRES, 16 avr. 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) annonce qu’elle a obtenu de la JICA, l’Agence japonaise de coopération internationale, une facilité de créance prioritaire de 50 millions de dollars US.

Shalkar Zhusupov, président du conseil d’administration de KMF : « C’est la première fois que KMF s’engage dans un partenariat avec la JICA, dont les objectifs et la mission se rapprochent des nôtres. Nous souhaitons exprimer toute notre reconnaissance à EMGA et à la JICA pour leur confiance et leur soutien. Les fonds de la JICA seront utilisés pour mettre en œuvre des projets visant à soutenir les micro et petites entreprises, y compris les entrepreneurs ruraux, ce qui permettra de créer de nouvelles opportunités et de contribuer à leur croissance économique. »

Sajeev Chakkalakal, responsable de la banque d’investissement et directeur général d’EMGA, a déclaré : « Nous sommes ravis d’avoir mis en place cette nouvelle facilité de crédit historique pour notre client de longue date, KMF. Ce fut un réel plaisir de collaborer à nouveau avec eux, tandis qu’ils poursuivent la consolidation de leur position en tant que plus grande IMF (institution de microfinance) du pays, et le renforcement de leur position financière en dépit de cette période de turbulence. »

Jeremy Dobson, directeur général d’EMGA, a ajouté : « Ce nouveau financement aidera KMF à remplir la mission qu’elle s’est fixée : continuer à aider les entrepreneurs dans tout le Kazakhstan et développer ses activités en mettant davantage l’accent sur les entreprises détenues par des femmes et dans les zones rurales. »

MFO KMF est l’un des leaders du secteur de la microfinance en Asie centrale. La société vise à établir des relations de partenariat à long terme avec ses clients, fondées sur la confiance, la compréhension et le respect mutuels. MFO « KMF » octroie à ses clients des prêts individuels et collectifs pour les types d’activités suivants : affaires, commerce, agriculture et élevage, production et services et prêts à la consommation.

JICA : l’Agence japonaise de coopération internationale est une agence gouvernementale qui fournit l’essentiel de l’aide publique au développement pour le compte du gouvernement japonais. Elle est chargée de soutenir la croissance économique et sociale dans les pays en développement et de promouvoir la coopération internationale.

Emerging Markets Global Advisory Limited (EMGA), avec des bureaux à Londres et à New York, vient en aide aux établissements financiers et aux entreprises à la recherche de nouveaux capitaux d’emprunt ou de capitaux propres. L’équipe multinationale d’EMGA associe des décennies d’expérience nécessaires pour mener à bien des transactions au nom de ses clients sur les marchés émergents et les économies frontières de tous les pays du monde, y compris le Kazakhstan qui reste un marché clé. Grâce à son expérience reconnue dans la formation de capital et le conseil stratégique à travers divers cycles économiques, EMGA continue d’étendre son rayonnement géographique et son offre de services, consolidant ainsi sa place sur le marché comme l’une des principales banques d’investissement de niche axées sur les marchés émergents.

Coordonnées
info@emergingmarketsglobaladvisory.com


GLOBENEWSWIRE (Distribution ID 1000934893)

CORREÇÃO: A EMGA garante financiamento de dívida de US$ 50 milhões para a MFO KMF do Cazaquistão

LONDRES, April 16, 2024 (GLOBE NEWSWIRE) — A Emerging Markets Global Advisory LLP (EMGA) anuncia que obteve uma linha de crédito de US$ 50 milhões da JICA, a Japan International Cooperation Agency.

Presidente do Conselho de Administração da KMF, Shalkar Zhusupov: “Esta é a primeira vez que a KMF faz uma parceria com a JICA, cujos objetivos e missão se assemelham muito aos nossos. Somos gratos à EMGA e à JICA por sua confiança e apoio. Os recursos financeiros da JICA serão usados para implementar projetos de apoio a micro e pequenas empresas, incluindo empreendedores rurais, que criarão novas oportunidades e contribuirão para o crescimento econômico”.

Sajeev Chakkalakal, líder do setor de bancos de investimento e diretor administrativo da EMGA, disse: “Estamos muito satisfeitos por termos conseguido essa nova e histórica linha de crédito para nosso cliente de longa data, a KMF. Foi uma grande satisfação trabalhar com eles novamente, pois continuam a solidificar sua posição como a maior IMF do país e a fortalecer ainda mais sua posição financeira, apesar da época turbulenta”.

O diretor administrativo da EMGA, Jeremy Dobson, acrescentou: “Esse novo financiamento ajudará a KMF a cumprir sua declaração de missão: continuar a ajudar empreendedores em todo o Cazaquistão e desenvolver seus negócios com um foco maior em empresas controladas por mulheres e em áreas rurais”.

A MFO KMF é um dos líderes no setor de microfinanças da Ásia Central. O objetivo da empresa é estabelecer relações de parceria de longo prazo com os clientes, com base na confiança, compreensão e respeito mútuos. A MFO “KMF” concede aos clientes empréstimos individuais e coletivos para os seguintes tipos de atividade: negócios, comércio, agricultura e pecuária, produção e serviços e empréstimos ao consumidor.

JICA: a Japan International Cooperation Agency é uma agência governamental que fornece a maior parte da Assistência Oficial ao Desenvolvimento para o governo do Japão. Ela foi criada para ajudar no crescimento econômico e social dos países em desenvolvimento e na promoção da cooperação internacional.

A Emerging Markets Global Advisory Limited (EMGA), com filiais em Londres e Nova York, auxilia instituições financeiras e empresas que buscam capital de novas dívidas ou acionário. A equipe multinacional da EMGA combina décadas da experiência necessária para concluir transações em nome de seus clientes nos mercados emergentes e economias de fronteira do mundo, incluindo o Cazaquistão, que continua sendo um mercado importante. Com um histórico comprovado em formação de capital e consultoria estratégica ao longo de diversos ciclos econômicos, a EMGA continua expandindo seu alcance geográfico e sua oferta de serviços, solidificando sua posição no mercado como um dos bancos de investimento de nicho mais proeminentes do setor voltado para mercados emergentes.

Informações de contato
info@emergingmarketsglobaladvisory.com


GLOBENEWSWIRE (Distribution ID 1000934893)

KORREKTUR: EMGA sichert sich Fremdkapitelfinanzierung in Höhe von 50 Mio. USD für MFO KMF in Kasachstan

LONDON, April 16, 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA) gibt die Sicherung einer vorrangigen Kreditfazilität in Höhe von 50 Mio. USD von JICA, der Japan International Cooperation Agency, bekannt.

Shalkar Zhusupov, Vorstandsvorsitzender von KMF, erklärte dazu: „Zum ersten Mal ist die KMF eine Partnerschaft mit der JICA eingegangen, deren Ziele und Aufgaben den unseren sehr ähnlich sind. Wir sind der EMGA und JICA für ihr Vertrauen und ihre Unterstützung zu Dank verpflichtet. Die Mittel der JICA werden für die Durchführung von Projekten zur Unterstützung von Kleinst– und Kleinunternehmen, einschließlich ländlicher Unternehmer, verwendet, die neue Möglichkeiten schaffen und zu ihrem Wirtschaftswachstum beitragen werden.“

Sajeev Chakkalakal, Head of Investment Banking und Managing Director von EMGA, kommentierte: „Wir freuen uns, diese neue, wegweisende Kreditfazilität für unseren langjährigen Kunden KMF vereinbart zu haben. Die Zusammenarbeit mit ihnen war eine wahre Freude, während sie ihre Position als größtes MFI des Landes weiter festigen und ihre finanzielle Position trotz turbulenter Zeiten weiter stärken.“

Jeremy Dobson, Managing Director von EMGA, fügte hinzu: „Diese neue Finanzierung wird die KMF bei der Umsetzung ihres erklärten Ziels unterstützen, Unternehmern in ganz Kasachstan weiterhin zu helfen und ihr Geschäft mit einem stärkeren Fokus auf von Frauen geführten Unternehmen und in ländlichen Gebieten zu entwickeln.“

MFO KMF ist eines der führenden Unternehmen im zentralasiatischen Mikrofinanzsektor. Das Unternehmen strebt langfristige partnerschaftliche Beziehungen zu Kunden an, die auf gegenseitigem Vertrauen, Verständnis und Respekt basieren. MFO „KMF“ zahlt seinen Kunden Einzel– und Gruppenkredite für folgende Arten von Aktivitäten aus: Unternehmen, Handel, Ackerbau und Viehzucht, Produktion und Dienstleistungen sowie Konsumentenkredite.

JICA: Die Japan International Cooperation Agency ist eine Regierungsbehörde, die den Großteil der offiziellen Entwicklungshilfe für die japanische Regierung leistet. Ihre Aufgabe ist die Unterstützung des wirtschaftlichen und sozialen Wachstums in den Entwicklungsländern und die Förderung der internationalen Zusammenarbeit.

Emerging Markets Global Advisory Limited (EMGA), mit Niederlassungen in London und New York, unterstützt Finanzinstitute und Unternehmen bei der Suche nach neuem Fremd– oder Eigenkapital. Das multinationale Team von EMGA verfügt über die jahrzehntelange Erfahrung, die für den Abschluss von Transaktionen im Namen ihrer Kunden in den Schwellen– und Grenzmärkten der Welt, einschließlich des weiterhin wichtigen Marktes Kasachstan, erforderlich ist. Mit einer nachgewiesenen Erfolgsbilanz in den Bereichen Kapitalbildung und strategische Beratung in verschiedenen Konjunkturzyklen baut EMGA seine geografische Reichweite und sein Serviceangebot weiter aus und festigt seinen Platz auf dem Markt als eine der branchenweit herausragenden, auf Schwellenländer fokussierten Nischen–Investmentbanken.

Kontaktinformationen
info@emergingmarketsglobaladvisory.com


GLOBENEWSWIRE (Distribution ID 1000934893)

EBC Financial Group Partners with United to Beat Malaria, a Campaign of the United Nations Foundation, to Protect Vulnerable Children and Their Families from Malaria

WASHINGTON, April 16, 2024 (GLOBE NEWSWIRE) — Today, EBC Financial Group (EBC) announced a new partnership with United to Beat Malaria (Beat Malaria), a campaign of the United Nations Foundation (UN Foundation), aimed at protecting those most vulnerable from malaria – a mosquito–borne disease that claims over 600,000 lives every year.

This partnership provides support for the United to Beat Malaria campaign, which works to improve access to malaria prevention and essential health services in support of the UN Foundation’s goal of achieving a healthier and more equitable world. The UN Foundation brings together ideas, people, and resources to drive global progress and tackle humanity’s greatest challenges. The UN Foundation initiatives have collectively protected tens of millions of children from disease, formed partnerships to provide help and hope to refugees, and mobilised communities to take action towards the realisation of the Sustainable Development Goals.

EBC is honoured to partner with the United to Beat Malaria campaign, joining forces to impactfully end malaria. This partnership reflects EBC’s dedication to corporate social responsibility and support to underprivileged children. EBC recognises the profound impact of malaria on the health and well–being of poverty–stricken regions, and the subsequent economic repercussions, particularly in exacerbating the disparity between developed and underprivileged regions. Malaria disproportionately impacts young children: over 75% of all malaria deaths are children under 5. A child dies nearly every minute from this preventable and treatable disease.

“Being invited to United to Beat Malaria’s 2024 Leadership Summit and witnessing the advocacy in action was not only a tremendous privilege but also an enlightening experience for me,” said David Barrett, CEO of EBC Financial Group (UK) Ltd, the British entity of EBC. “Seeing firsthand the impact that EBC Group can have by actively engaging with organisations like United to Beat Malaria reaffirms our commitment to making a difference in the communities we serve.”

“Our partnership with EBC Group is built on a shared commitment to protect the world’s most vulnerable children and families from this deadly yet preventable disease,” said Margaret McDonnell, Beat Malaria’s Executive Director. “EBC’s support will enable our campaign to reach at–risk communities and deliver life–saving interventions in malaria endemic countries as to save and improve lives.”

Today, malaria is a disease of poverty and health inequity. It’s transmitted to people through the bites of Anopheles mosquitoes, which carry the life–threatening disease caused by the blood parasite Plasmodium. The tools to prevent, diagnose, and treat malaria are highly cost–effective; but millions around the world lack access to these life–saving interventions. Half the world’s population remains at–risk of malaria, with over 240 million cases annually. Malaria is most prevalent in Africa, which carries 94% of all cases globally, and disproportionately impacts young children, pregnant women, displaced populations, and remote communities with limited access to healthcare.

The world has already made remarkable progress against this ancient disease, cutting the malaria mortality rate by approximately half. With continued funding, partnership, and political will, we can be the generation that ends malaria for good.

In addition to financial support, EBC also seeks to educate its employees about malaria and encourage them to get involved. Last month, Samuel Hertz, APAC Director of Operations at EBC Financial Group, alongside David Barrett, joined over 100 malaria advocates, experts, and leaders at United to Beat Malaria’s annual Leadership Summit in Washington DC. The 3–day event was a platform for learning, networking, and advocating for global leadership, emphasising the collective action needed to tackle this critical public health challenge. Also, EBC employees will participate in the upcoming Move Against Malaria 5K (April 25–May 5), a remote 5K run held worldwide to raise funds and awareness for malaria.

Samuel Hertz stated, “We, as a company, are committed to aiding children worldwide, recognising malaria as one of the most significant threats to their lives. At the summit, we gained insight into the progress made toward eradicating malaria globally. However, this endeavour requires extensive support from diverse partners, which is why we are thrilled to join this coalition. Although the journey ahead may be challenging and prolonged, we understand that meaningful change takes time and effort. As a global company, EBC acknowledges its responsibility to contribute to a better world.”

Looking ahead, EBC plans to forge deeper collaborations with UN–related charitable organisations and global partners to bolster health systems worldwide. Through these efforts and its commitment to corporate social responsibility, EBC aims to raise awareness about health disparities and promote inclusivity on a global scale.

For more information, visit ebc.com and beatmalaria.org.

About EBC Financial Group
Founded in the esteemed financial district of London, EBC Financial Group (EBC) is renowned for its comprehensive suite of services that includes financial brokerage, asset management, and comprehensive investment solutions. With offices strategically located in prominent financial centres, such as London, Sydney, Hong Kong, Tokyo, Singapore, the Cayman Islands, Bangkok, Limassol, and more, EBC caters to a diverse clientele of retail, professional, and institutional investors worldwide.

Recognised by multiple awards, EBC prides itself on adhering to the highest levels of ethical standards and international regulation. EBC Financial Group (UK) Limited is regulated by the UK's Financial Conduct Authority (FCA), EBC Financial Group (Australia) Pty Ltd is regulated by Australia's Securities and Investments Commission (ASIC), and EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA).

At the core of EBC Group are seasoned professionals with over 30 years of profound experience in major financial institutions, having adeptly navigated through significant economic cycles from the Plaza Accord to the 2015 Swiss franc crisis. EBC champions a culture where integrity, respect, and client asset security are paramount, ensuring that every investor engagement is treated with the utmost seriousness it deserves.

https://www.ebc.com/

About UN Foundation’s United to Beat Malaria
The UN Foundation is an independent charitable organization created to work closely with the United Nations to address humanity’s greatest challenges, build initiatives across sectors to solve problems at scale, and drive global progress. Learn more at www.unfoundation.org.

The UN Foundation’s United to Beat Malaria campaign brings together key and diverse partners and supporters to take urgent action to end malaria and create a healthier, more equitable world. Since 2006, United to Beat Malaria has worked to equip and mobilize citizens across the U.S. and around the world to raise awareness, funds and voices. The campaign works with partners in endemic countries to channel life–saving resources to protect the most marginalized and vulnerable populations. By championing increased leadership, political will and resources from the U.S. and beyond, as well as more holistic, innovative tools and strategies, we can be the generation that ends malaria once and for all. Learn more at www.beatmalaria.org.

Media Contact:
Douglas Chew
douglas.chew@ebc.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4954a4a7–5362–451d–88da–ef3cc1ab5b04

https://www.globenewswire.com/NewsRoom/AttachmentNg/f5741193–fffb–4147–a9d6–51403f5f9e93

https://www.globenewswire.com/NewsRoom/AttachmentNg/13f60edc–4134–4f15–a319–5302af3e23d1

https://www.globenewswire.com/NewsRoom/AttachmentNg/da6c1305–3c63–41d5–9d51–e90ba5383017


GLOBENEWSWIRE (Distribution ID 9090056)