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Ebola Outbreak: DR Congo Gets $80m from World Bank

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World Bank
  • Ebola Outbreak: DR Congo Gets $80m from World Bank

The Democratic Republic of Congo has received $80 million in grants from the World Bank

The latest Ebola outbreak that has killed 483 people of 807 confirmed cases in the Democratic Republic of Congo is a new source of worries as World Bank and other global organizations look to curb it before spreading any further.

Pandemic Emergency Financing facility, which was set up by the bank in 2017 to encourage private investment into the development aid sector, funded $20 million of the total grant.

While the remaining amount was from the World Bank group member, the International Development Association that funds low-income nations.

Kristalina Georgieva, the World Bank Group interim president and chief executive, said the new funds will “ensures that lifesaving work can be urgently scaled up, and that lack of funding is not a constraint”.

Oly Ilunga Kalenga, DRC health minister, said the fresh funding “allows us and our partners to concentrate fully on fighting Ebola and protecting the health of our citizens”.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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NSE to Mark 2021 International Women’s Day on Monday

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Nigerian Stock Exchange

NSE to Mark 2021 International Women’s Day on Monday

The Nigerian Stock Exchange will join securities exchanges all over the world to commemorate International Women’s Day 2021 and host its 7th Annual Ring the Bell for Gender Equality Monday.

The event is in collaboration with Sustainable Stock Exchanges (SSE) Initiative, United Nations (UN) Women, United Nations Global Compact (UNGC) and International Finance Corporation (IFC), according to a statement.

Billed to hold virtually, the event will build on the global theme, #ChooseToChallenge, and will culminate in a digital closing gong ceremony.

The statement said members of the stockbroking community, analysts, regulators, media and other interested participants could register via https://bit.ly/nse-iwd-2021

It added that in line with Consistent with NSE’s objectives to accelerate progress and impact on the advancement of women across all spheres of life, the event would feature discussions that highlight the business case to challenge the norm.

According to the statement, confirmed speakers at the event include, Otunba Abimbola Ogunbanjo, President, National Council, NSE; Mrs. Catherine Nwakaego Echeozo, 2nd Vice President, National Council, NSE; Mrs. Fatimah Bintah Bello–Ismail, Ordinary Member, National Council, NSE; Mrs. Erelu Angela Adebayo, Ordinary Member, National Council, NSE; Mrs. Opunimi Akinkugbe, Founder, Director, Bestman Games; Mr. Oscar N. Onyema, Chief Executive Officer, NSE; Ms. Tinuade Awe, Executive Director, Regulation, NSE; and Mr. Bola Adeeko, Divisional Head, Shared Services, NSE.

Others are Mr. Kevin Njiraini, Regional Director, Southern Africa & Nigeria, International Finance Corporation (IFC); Mrs. Oluwasoromidayo George, Chairperson, United Nations Global Compact (UNGC) Network Nigeria; Mr. Lansana Wonneh, United Nations (UN) Women Deputy Representative, Nigeria and ECOWAS; Mr. Patrick Akinwuntan, Managing Director/Regional Executive, Ecobank Nigeria; Ms. Ivana Osagie, Founder, Professional Women Roundtable (PWR); and Ms. Eme Esien Lore, Nigeria Country Manager, IFC.

The statement said the webinar would also feature a special focus on the peer-to-peer learning programme under the Nigeria2Equal programme, a three-year project towards which the IFC will collaborate with the NSE to reduce employment and entrepreneurship gaps in Nigeria through the private sector.

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Dr. Cyprian Ngong Receives First AstraZeneca/Oxford COVID-19 Vaccine in Nigeria

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Dr. Cyprian Ngong is the First Nigerian to Receive COVID-19 Vaccine

A Nigerian frontline health worker, Dr. Cyprian Ngong is the first Nigerian to receive COVID-19 vaccine in Nigeria as the Nigerian government commences vaccination of Nigerians.

Nigeria receives 3.92 million doses of AstraZeneca/Oxford COVID-19 vaccine on Tuesday, March 2nd, 2021 and immediately commenced self-registration that saw 2.3 million Nigerians registering to receive COVID-19 vaccine within 24 hours.

Doctor Cyprian Ngong, the first Nigerian to receive a dose of AstraZeneca/Oxford COVID-19 vaccine, said, “We’ve been at the forefront of the COVID-19 fight here in the National Hospital at our isolation centre under the able leadership of the National Hospital.

“They’ve provided everything we need for this fight. We’ve lost some, won some and we are happy we are getting the vaccine now in Nigeria. I think that is about the best news we’ve had since.

“I only wished my dad had that vaccine months ago. We lost him, but we thank God. The fight is still on and we’ll win.”

Speaking on how he feels after receiving the dose, Dr. Ngong said “You can see, I just took the vaccine now and I feel good. I dreamt of taking this vaccine and I have taken it today.”

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Sanwo-Olu to Open Agege-Pen Cinema Bridge Today

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Governor Sanwo-Olu of Lagos State will open the Agege-Pen Cinema Bridge for vehicular movement today, Friday, 05, March 2021.

A top government official, who chose to remain anonymous, told our correspondent on Thursday that the much-awaited 1.7 kilometre-long bridge would be commissioned.

While inspecting the construction works at the bridge last December, Sanwo-Olu had said the bridge would be ready by February 2021.

When asked of the status of the bridge on Thursday, the top government official said, “The governor will commission the bridge on Friday,” adding that the contractors were through with construction works.

The overpass ascends from Oba Ogunji Road and drops at the Oke Koto axis of Agege. The bridge also opens to the old Lagos-Abeokuta Expressway through Abule Egba.

When opened for use, it will bring an end to the discomfort currently being experienced by motorists plying Agege-Abule Egba and Agege-Iyana-Ipaja axes.

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