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Foreign Aid from top donors drops even as need soars

JOHANNESBURG (AP) — A new snapshot of the frantic global response to the coronavirus pandemic shows some of the world’s largest government donors of humanitarian aid are buckling under the strain: Funding commitments, for the virus and otherwise, have dropped by a third from the same period last year.

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ACAPS - CrisisInSight: Global Risk Analysis

In the next 6-9 months, the following countries are expected to deteriorate significantly leading to a spike in #humanitarian needs:

CLICK HERE - ACAPS - CrisisInSight: Global Risk Analysis

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New United Nations study finds digital payments to Ebola response workers saved lives

 

E money Transaction

By using digital payments to pay Ebola response workers, Sierra Leone massively cut payment times, avoiding large-scale strikes and ensuring a stable workforce to defeat Ebola. Sierra Leone’s experience shows the critical importance of preparing early for digital payments before crises hit.

 

 

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President Koroma Opens West Africa’s Biggest Palm Oil Refinery In Pujehun

The President of Sierra Leone, Dr. Ernest Bai Koroma  has official opened the largest palm oil refinery  in the country and in West Africa at Sahn-Malen Chiefdom, Pujehun District.

SOCFIN Company has invested over $US 130 million to reach this stage, planting 12,319Ha of hybrid oil palm trees and building a mill currently with a 30t/hr of Fruit Bunch(FFB) capacity and able to increased to 60t/hr
President Koroma says Sierra Leone is now for business.

 

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Inflation Increases to 8.86 Percent in January 2016

The annual inflation rate increased in January 2016 to 8.86 percent from 8.85 percent in December 2015, the statistics agency has stated in a release. The depreciation of the Leone has been the major reason for the increase in prices of all the commodities in the consumer pricing index across the country.
The annual rate of inflation increased from 10.40 percent in December to 10.67 percent in January in the Northern Region. In the Western Region, it decreased from 8.72 percent in December to 8.49 percent in January. In the East inflation climbed from 9.47 percent to 9.79 percent and in the South from 8.14 percent to 8.42 percent.
Monday March 07, 2016

http://awoko.org/2016/03/07/sierra-leone-news-inflation-increases-to-8-86-percent-in-january-2016-2/

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China's Mobile Payment Revolution Is Going to Africa

          

BLOOMBERG VIA GETTY IMAGES

huffingtonpost.com - by Claire van den Heever - February 26, 2016

CAPE TOWN, South Africa -- With the launch of Apple Pay in mainland China on Feb. 18, Apple has become the first foreign player to secure a place at the table for China's enormous mobile payment market. . . .

. . . Africa's largest lender by assets, Standard Bank, has opted for a more direct route: joining forces with WeChat to secure a piece of Africa's growing mobile payment market. The Standard Bank-backed WeChat Wallet was launched in November 2015 in the continent's most industrialized nation, South Africa, and gives users access to a variety of the Chinese version's most popular offerings, including peer-to-peer money transfers and in-app payments for taxis and other services.

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NGOs Speak: Their Most Pressing Humanitarian Priorities for 2016

             

South Sudan tops many aid agencies' humanitarian priority lists. as a three-year civil war exacts a heavy toll on the citizens of the country.  (Nichole Sobecki, AFP)

Following a call from the UN for a record $20.1 billion, 15 of the world's leading aid agencies were polled on their top humanitarian concerns.

mg.co.za - by Tom Esslemont - December 28, 2015

There’s one prediction for 2016 that most aid workers can make with confidence – that the new year will usher in rising humanitarian needs.

Besides displacement caused by long-term conflicts in places like Syria and South Sudan, there is also the threat of more violence in Central African Republic and hunger caused by El Nino, which is expected to bring more drought to already-parched southern regions in Africa and potential flooding in the east. . . .

. . . A Thomson Reuters Foundation poll asked 15 of the world’s leading aid agencies to name their top three humanitarian priorities for 2016. Not surprisingly, Syria topped the list of concerns. But what were the others?

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Vodafone Launches Mobile Cash Transfer System in Ghana Where 15M People Do Not Have a Bank Account

             

Moving money: The service, called M-Pesa, will be branded Vodafone Cash in the West African state

thisismoney.co.uk - by City & Finance Reporter for the Daily Mail - December 7, 2015

Vodafone has launched its mobile cash transfer system in Ghana where 15m people do not have a bank account.

The service, called M-Pesa, will be branded Vodafone Cash in the West African state. It allows mobile phone users to load money on to their phones, just as pay-as-you-go customers can top up their credit. 

They can send the funds anywhere in the country with a text message. Recipients can pick up the cash at shops that offer the service.

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