World
Understanding BRICS, WHO and COVID-19
By Kester Kenn Klomegah
The World Health Organization (WHO), establish to tackle global health problems, is mobilizing for additional funds to overcome coronavirus which it declared pandemic late January 2020.
The coronavirus pandemic has, undoubtedly, changed the ways of life, impacted on the capacities of health infrastructure and has disrupted the economic supply value chain with attendant negative impact on global economies. As the world grapples with the challenges of the coronavirus, there is a need for solidarity, unity of purpose and better coordination to overcome this common enemy.
In order to find long-term and sustainable solutions to the pandemic, WHO has been collaborating with the United Nations, the International Monetary Fund and the World Bank, and regional organizations such as African Union, G20 and BRICS. Besides, there is a strong cooperation in the format Russia-India-China (RIC). It is also making ways through bilateral and multilateral mechanisms.
Foreign countries are contributors to the functioning of World Health Organization. For example, U.S. is the single largest funder of the organization, providing more than $400 million each year – about 15% of its total budget. WHO has come under criticisms. Many countries especially the United States and Britain, believe that WHO’s reluctance to confront China over its handling of the coronavirus outbreak is the reason it has now become a pandemic.
As the world leaders pledged to accelerate work on tests, drugs and vaccines against COVID-19 and to share them around the globe, the United States stayed away from an initiative launched on April 24 by the World Health Organization.
According to Reuters report, French President Emmanuel Macron, German Chancellor Angela Merkel and South African President Cyril Ramaphosa were among those who joined a video conference to launch what the WHO billed as a “landmark collaboration” to fight the pandemic. Leaders from Asia, the Middle East and the Americas also joined the videoconference, but several big countries did not participate, including China, India and Russia.
The aim is to speed development of safe and effective drugs, tests and vaccines to prevent, diagnose and treat COVID-19, the lung disease caused be the novel coronavirus – and ensure equal access to treatments for both rich and poor. “We are facing a common threat which we can only defeat with a common approach,” WHO Director General, Tedros Adhanom Ghebreyesus, said as he opened the virtual meeting.
South African leader Cyril Ramaphosa is the chair of the African Union. Currently, Russia holds the rotating chair of BRICS. BRICS is also coordinating efforts of its members to help in finding solution to COVID-19. Russia, India and China are in very strong positions in the group or association. China and India have huge population. Despite its vast territory, Russia’s population is slightly higher than Japan in the Pacific Ocean.
China, a leading global player and business footprint, said it would donate a further $30 million to the World Health Organization, which is seeking more than $1 billion to fund its battle against the coronavirus pandemic that has killed more than 180,000 people worldwide. “At this crucial moment, supporting WHO is supporting multilateralism and global solidarity,” Hua Chunying, spokeswoman of China’s Foreign Ministry, said on Twitter.
The donation aimed to support the global fight against COVID-19, in particular strengthening health systems in developing countries, she said, adding that China had already donated $20 million to the WHO on March 11.
According to an executive decree posted to Kremlin’s website, Russia will contribute $1 million to the World Health Organization (WHO) to fight the coronavirus. “Allocate budget funding of $1 million from the federal budget for one-time voluntary contribution to the World Health Organization for coronavirus infection fight measures implementation,” the document reads.
The same decree earmarks about $804,795 to fund expenses of the Vector Institute and the Central Research Institute of Epidemiology, “connected to production and shipment of tools for laboratory diagnosis of the novel coronavirus infection, and material and technical support to countries of Eastern Europe, Trans-Caucasus, Central and Southeast Asia, the Middle East, Africa and South America.”
As stipulated by the guidelines, Russia assumed the rotating presidency of the BRICS (Brazil, Russia, India, China and South Africa) regional association since January, 2020. BRICS has established as a multilateral structure, and as reliable association pushing for fair, democratic and multipolar world order.
Russia continues to expand strategic partnership of the organization, working on strengthening foreign policy coordination on various multilateral platforms. Russian Foreign Minister Sergey Lavrov heads the foreign ministers of the BRICS association of countries. On April 28, this group plans to hold an extraordinary videoconference to exchange opinions on possible joint measures to oppose the coronavirus pandemic.
“At Russia’s initiative, the foreign policy chiefs of the BRICS countries will hold an extraordinary conference in a video format under Russian Foreign Minister Sergey Lavrov’s chairmanship on April 28,” the Foreign Ministry said in a statement.
The foreign ministers will “focus on aspects of the influence of the crisis prompted by the outbreak of the coronavirus infection on international relations. The ministers will exchange opinions on possible joint measures the five countries could take to oppose Covid-19 and address the financial, trade-economic, and social consequences of the pandemic,” the statement said.
“The parties will also consider relevant aspects of the development of a five-sided strategic partnership, including a calendar of events during Russia’s presidency of the BRICS this year,” it said.
Russian Deputy Foreign Minister Sergey Ryabkov said during an online launch of the Moscow-based Higher School of Economics’ report on Russia’s foreign policy, “Our organization keeps an eye on the fight against COVID-19. Russia considers various aspects of the issue during its chairmanship of BRICS. Health experts maintain contacts. We will also consider various political aspects of the situation within BRICS.”
The Russian diplomat added that BRICS was an appropriate platform for such cooperation, “given the scientific capabilities of its members, particularly in the fields of healthcare and pharmaceutical industry.” “Each of the countries is making its own contribution to these efforts. We will bring it all together during our chairmanship so that at the end of the year we can say that BRICS has made another step forward,” Ryabkov emphasized.
On April 23, TASS report said that BRICS member states could increase their funding of the World Health Organization and expand medical cooperation with other states due to the US decision to withdraw its contributions to the organization.
“A few days ago, the US announced that it would withdraw or suspend funding of the World Health Organization. BRICS states could make a statement, in which they would announce their increased contributions to this organization that plays a central role in the global anti-pandemic governance,” according to Dmitry Suslov, deputy head of the Center for Comprehensive European and International Studies of the Higher School of Economics National Research University. “BRICS states could announce further coordination in their approaches to aiding other states, states with weaker healthcare systems than those of BRICS states.”
The expert stressed that the spread of the disease in less developed countries would threaten the security of BRICS member states. Suslov, however, noted that BRICS is interested in strengthening the healthcare system in such states.
Cui Zheng, deputy head of the Research Center for the Economies and Politics of Transitional Countries at Liaoning University, expressed a similar opinion. He noted that China actively helps their partners within BRICS to combat the novel coronavirus pandemic.
“The most important thing for us is international cooperation within BRICS. The member states have clearly stated their solidarity, uniting in the fight against the coronavirus,” the expert stated. “Not only do China and Russia actively help each other, they are supplying materials needed to combat the coronavirus to other states.”
While coronavirus is currently the urgent task, reiterating here that, besides all, the BRICS is interested in increasing financial and economic cooperation among the participating countries, effective industrial interaction and practical cooperation in developing and implementing new joint energy, telecommunications and high-tech projects.
The coronavirus disease appeared first in 2019 in Wuhan city in China. The disease was, first identified in Wuhan and Hubei, both in China early December 2019. The original cause still unknown, it remains a puzzle and an enigma for the world scientific community. Since then, cases of the novel coronavirus – named COVID-19 by the WHO – have spread around the world.
According to the latest statistics, over 2,700,000 people have been infected worldwide and more than 191,000 deaths have been reported. In addition, so far, over 750,000 individuals have recovered from the illness across the globe.
The BRICS member countries (Brazil, Russia, India, China and South Africa) collectively represent about 26% of the world’s geographical area and are home to 3.6 billion people, about 42% of the world’s population and a combined nominal GDP of $16.6 trillion.
Kester Kenn Klomegah writes frequently about Russia, Africa and the BRICS.
World
CANAL+ Eyes MultiChoice Turnaround as Stocks Debut on JSE
By Adedapo Adesanya
CANAL+ has expressed confidence in its ability to turn around the fortunes of struggling broadcaster MultiChoice as it marks a milestone by becoming the first French company listed on the Johannesburg Stock Exchange (JSE).
The secondary listing of CANAL+ signals strong international confidence in South Africa’s capital markets and reinforces the JSE’s role as a conduit between global capital and African growth opportunities, it said in a statement.
CANAL+ enhances the JSE’s sectoral diversity and provides local investors with direct, rand-denominated exposure to a globally diversified media and entertainment business with a significant African footprint. CANAL+ listed on the London Stock Exchange in December 2024.
The group’s listing on the JSE aligns with its long-term strategy to expand its presence in high-growth markets, particularly in sub-Saharan Africa, where rising connectivity, a young and growing population (expected to increase by 800 million by 2050), strong GDP growth (4.5 per cent growth expected between 2026 and 2030) and accelerating demand for content and connectivity continue to drive sector growth.
The JSE listing will increase CANAL+ liquidity and enable African investors to benefit from CANAL+ growth.
According to Mr Maxime Saada, CEO of CANAL+ said, “Joining the Johannesburg Stock Exchange is a statement of our ambition and illustrates our belief in Africa’s future and its creative industry.
“We are proud to become the first French company ever to list in Johannesburg and the only global media and entertainment company listed on the exchange.
“Following our listing on the London Stock Exchange 18 months ago, this dual listing reinforces our ambition to be a bridge between Europe and Africa and anchors our dual-continental approach, consolidating our unique position in the global media and entertainment industry,” he said.
He noted that CANAL+ serves more than 40 million subscribers and generates €9bn in annual revenue.
“Africa will be our growth engine for years to come, and we are dedicated to creating value on the continent and sharing it with our African partners, investors and the creative community. By welcoming African investors, we deepen our roots, diversify our investor base and lay the foundation for the next phase of our growth.”
Commenting on the listing, Ms Valdene Reddy, Group CEO of the JSE, said, “We are proud to welcome CANAL+ to the JSE and to mark the first listing of a French company on our exchange.
World
AfDB President Sees More African Nations Regaining Investment-Grade Ratings
By Adedapo Adesanya
The President of the African Development Bank (AfDB), Mr Sidi Ould Tah, says more African countries are likely to regain or achieve investment-grade credit ratings by next year as reforms begin to deliver results and economic growth accelerates.
Several African sovereigns have already been upgraded in recent months, including Nigeria. However, Nigeria is not yet near investment-grade status.
In May, S&P Global Ratings upgraded Nigeria’s sovereign credit ratings to ‘B’ with a stable outlook, citing structural reforms under President Bola Tinubu and key drivers like higher oil production and improved fiscal revenue.
The country is still five notches from investment-grade. Under S&P’s rating scale, the progression follows— B → B+ → BB- → BB → BB+ → BBB- (investment grade).
S&P raised Morocco to investment grade last year and increased South Africa by one level to BB in November. Ghana, Zambia, the Ivory Coast and Kenya have also benefited from positive rating action linked to fiscal, debt and economic reforms.
“We’re quite confident that the continent will continue to grow very strongly and that African countries will be better rated in the coming years,” Mr Ould Tah said in an interview with Bloomberg.
“We’ve seen Morocco receive investment grade during the last few months, and we expect other countries by next year to get toward that,” he added.
The outlook reflects improving fiscal positions and reforms implemented across countries on the continent, even as the conflict in the Middle East threatens to slow economic growth and raise costs for energy-importing nations. Better credit ratings can help countries borrow at lower rates and fund development projects.
The AfDB projects the continent’s gross domestic product expansion will accelerate to 4.4 per cent next year, if the conflict in the Middle East does not extend for a longer period. It expects the continent to slow to 4.2 per cent this year.
The war in Iran has benefited oil producers such as Nigeria, Angola and Gabon, while exerting pressure on the fiscal positions of net energy importers such as South Africa, Kenya, Ghana and Senegal.
Mr Ould Tah said the bank is ready to support countries facing budget constraints and high debt burdens due to the impact of the Iran crisis, including increasing credit lines to them.
“The board of directors of the bank will examine in the coming days how the bank can increase the volume of resources it will provide to its member countries in this specific situation,” he said.
World
State Duma Reviews Africa’s Food Security
By Kestér Kenn Klomegâh
Within the framework of the Expert Council on Africa at Russia’s State Duma, the lower chamber of parliamentarians, during its annual round-table conference, held in late May 2026, focused concretely on food security in Africa.
Under the chairmanship of Deputy Speaker of the State Duma, Alexander Babakov, the council’s round-table session on Russian-African cooperation in the field of ensuring food security, introduction of closed cycle technologies in agricultural and bioeconomy projects, was held in the State Duma.
Opening the meeting, Alexander Babakov noted the importance of continuing cooperation with African countries already in the new convocation of the State Duma, to which elections will be held in September 2026. “I am sure that right from the beginning of the work of the new convocation, the theme of cooperation between Russia and African countries will work as an example for circulation and use in other areas,” he said.
Member of the Committee on the Development of the Far East and the Arctic, deputy chairman of the Expert Council on Africa, Nikolai Novichkov, in his speech stressed the importance of a gradual transition to trade with African high-tech countries. “Our African partners are interested in producing and processing food locally, including earning a living on it,” the parliamentarian stated.
Director of the Department of Partnership with Africa at the Russian Foreign Ministry, Tatiana Dovgalenko, drew attention to the continued importance of the humanitarian component of Russian-African cooperation, which, despite efforts, “unforeseen, including and along the lines of specialised UN agencies, the number of hungry people in the world, according to experts, has been growing over the past few years.” According to Dovgalenko, the food crisis is localised in about 10 countries, four of which are in Africa.
As first deputy chairman of the Committee on International Affairs, Alexei Chepa noted, the food crisis and a number of other serious threats on the African continent are today exacerbated by a complex international situation, with the United States and Israel versus Iran causing rising energy prices worldwide. “This has also reflected on the cost of fertilisers that needed to be purchased previously. Even if prices fall in a few months, the yield still won’t. And there will be problems in Africa. At the same time, we understand that population growth in the coming years will be at Africa’s expense,” Chepa underlined in his contribution at the meeting.
Alexei Chepa also mentioned the special role of security enhancement in Africa, including in countering extremism and terrorism.
As part of the continuation of the work of the roundtable to promote cooperation with African countries in ensuring food security, the introduction of closed-loop technologies in agricultural and bioeconomics projects was discussed. As a traditional procedure, some recommendations are addressed to the Government of the Russian Federation.
In addition to representatives of the State Duma, diplomats, scientists, experts from related fields, representatives of the Government of the Russian Federation and the business community took part in the round-table discussion.
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