Connect with us

World

Explainer: How Kazakhstan Steadily Exploring Africa

Published

on

Kazakhstan

By Kestér Kenn Klomegâh

Kazakhstan, a former Soviet republic, has been exploring and developing multifaceted relations with Africa. As an independent republic since the collapse of the Soviet era in 1991, Kazakhstan values its freedom in choosing external partners as well as devising strategic mechanisms for bolstering and positioning its activities on regional and global stages. The Foreign Ministry offers necessary guidelines and directions and exercises powers in accordance with the legislation of the Republic of Kazakhstan.

It has been laying the groundwork which aims at taking its geopolitical relationship to an appreciable high level with Africa. The most dramatic sign of its courtship of Africa, however, was Nursultan Nazarbayev’s official visit to Africa. His trip to South Africa – his first-ever bilateral visit to this African country – underscores the importance Kazakhstan attaches to building political, economic and cultural ties with the continent. (Nazarbayev did visit Johannesburg in 2002 to attend the UN summit.)

In addition to that, Kazakhstan continued taking steady strategic result-oriented steps since it opened its diplomatic representations in a few African countries, including Ethiopia, Egypt, Nigeria, Kenya and South Africa, and later in 2013, obtained an observer status with the African Union. That gives it access to several meetings and multilateral conferences attended by the 54 African countries.

Erlan Idrissov was one of the foreign ministers. He served from 2012 to 2016. At the Astana Economic Forum held in May 2015, Erlan Idrissov put Kazakhstan and Africa in an excellent perspective when he said: “Kazakhstan had built a stronger economy and social safety net, we started turning a keen eye on Africa. Now is the time for Kazakhstan to pay even more attention to the continent. Africa is a continent with huge potential. It is rich in human capital, and much of its population is young. It’s time to invest in them.”

During the past decade, at least Kazakhstan has taken steps to put its planned economic ties into forward-looking and result-oriented perspectives. It has also been crafting new political and economic systems and attempting to incorporate them into developing foreign relations with Africa.

Kazakhstan has stepped up its courtship of Africa, exploring various sectors by the common principle that if Kazakhstan and Africa strengthen their ties as planned, then the people of the continent will certainly be among the beneficiaries. It has had good political relations with a number of countries on the continent till the present.

It continues looking forward to a strong presence in diversified sectors and strengthening its economic partnerships, attempting to raise trade with Africa. According to research reports, the other priority sectors for mutual cooperation and collaboration, including agriculture, agro-processing, energy and industrialization, health care delivery, culture and education with Africa.

In relation to trade, it has working contacts with African countries. For instance, in early November 2022, the Addis Ababa Chamber of Commerce and Sectoral Association held a virtual meeting under the theme – Promoting Trade and Investment between Kazakhstan and Ethiopia – with their counterparts in Kazakhstan to discuss ways to cooperate in business and investment. The Ministry of Trade and Integration and various corporate heads of enterprises from Kazakhstan attended the meeting.

Addressing the participants, Kazakhstan Ambassador to Ethiopia, B.Sadyakov, said Kazakhstan and Ethiopia have maintained “an excellent relationship” based on friendship and mutual support. According to Sadyakov, both countries have “a very good prospect in all areas of cooperation” and underlined the need to grow the relationship, said the ambassador.

Addis Ababa Chamber’s Deputy Secretary General Zekarias Assefa said that the current trade and investment ties between the two countries are promising, show a positive signal to embark on further economic ties and must necessarily be promoted in the near future.

Statistical figures between African countries and Kazakhstan are staggering, but the above illustrates there is a huge potential for interaction that needs action between Kazakhstan and Africa. Our monitoring shows that African business communities are targeting Kazakhstan as one of their trade and investment destinations in the Eurasian region.

The Eurasian region comprises five members – Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. There are Moldova and Uzbekistan as observers from the geographical region. Of course, Kazakhstan, after Russia and Belarus, is cooperative in terms of business approach and has diverse business opportunities and potentials among Eurasian members.

In the context of expanding collaboration with Africa, there are good prospects for establishing mutually beneficial relations in agriculture and mining, as well as the participation of Kazakh companies in implementing infrastructure projects. Africa is also a huge market for the possible export of Kazakhstan’s grain.

Kazakhstan is one of the world’s top 10 exporters of grain but has had limited sales in Africa. Egypt, the world’s largest grain importer, has been the only African country to make substantial purchases from Kazakhstan. It, however, hopes to change that with stepped-up marketing campaigns and new transportation routes to the continent. One of the routes is a rail line that can carry Kazakhstan gain through Turkmenistan to Persian Gulf ports in Iran, where it can be shipped to Africa.

Kazakhstan’s economic relations with South Africa, a BRICS member, are developing faster than with any other sub-Saharan African country. South Africa exported only $3.5 million worth of goods to Kazakhstan. The main items were fruits and vegetables. Meanwhile, Kazakhstan exported even less to South Africa – $1.8 million in goods. Chemicals accounted for almost all of it.

During Nazarbayev’s visit to Pretoria, the economic deals signed between Kazakhstan and South Africa hoped to see more of military vehicles and bus-making joint ventures. The venture, whose partners are Paramount Group, Kazakhstan Engineering and Kazakhstan Engineering Distribution, agreed to assemble vehicles at a renovated plant in Kazakhstan’s capital, Astana.

The facility cranked out up to 360 vehicles in late 2015. Kazakhstan said the plant should meet the bulk of its military-vehicle needs. Plans are for a sizable percentage of the output to be exported. That compared, Kazakhstan’s economic ties with three of the other BRICS nations – Russia, China and India – are in the hundreds of millions to billions of dollars. As with South Africa, ties between Kazakhstan and Brazil are still developing.

In addition to trade and investment, Kazakhstan offers education and training for African students. “A few years ago, we started turning a keen eye on Africa. We believe it is a historic time when Africa should receive a full focus,” Erlan Idrissov stressed as far back as 2015. “We recognise that Africa is a continent with huge potential. It has enormous human capital and a large, young population. Everything depends on people, especially investment in people.”

According to the latest information obtained for this article from the Ministry of Education, the report highlighted that Kazakhstan-financed educational courses are offered to students from the African continent. The groups study the fields of energy, medicine and agriculture. There are an estimated 5,000 African students in various institutes and universities in Almaty and Astana. Among the projects in the cultural sphere is to improve the performance and quality of teaching at Nur-Mubarak University in Almaty, so its graduates can be granted the right to enrol directly into master’s courses at Al-Azhar University in Cairo.

Meanwhile, Kazakh universities have been consolidating their positions on the world stage year by year. QS World University Rankings 2022 included 14 Kazakh universities in the list, and Times Higher Education World University Rankings 2022 included three universities.

The number of educational programs in English has increased within the country, with the number of qualified foreign specialists rising as a result. They share their experience with local educators and also teach students new technologies and research methods. Nazarbayev University (NU) is very popular among foreign students from the United States, Europe, Africa and Middle East countries.

Reports indicate that Egyptian authorities are promoting a series of activities aimed at promoting Egyptian tourist destinations among the citizens of Kazakhstan. Another exciting prospect is regular Sharm el-Sheikh-Almaty-Sharm el-Sheikh flights and also Cairo-Astana-Cairo flights.

Humanitarian questions are also high on the agenda. It raises concern about the persistent conflicts on the continent, especially in the Horn of Africa and the sub-Saharan Sahel. Interesting to note that Astana is a supporter of the active interaction of the OIC (Organisation of Islamic Cooperation) and African Union with questions related to African conflict resolution and ensuring interethnic and inter-religious dialogue, poverty eradication and illiteracy, as well as the fight against a variety of illnesses and diseases.

Nevertheless, Kazakhstan has shown concern about the continent’s humanitarian challenges by providing food relief to Somalia and donating $350,000 to an international fund to fight Ebola. This is one tip of the iceberg. In the process of forging closer relations, Kazakhstan has identified obstacles, including geographic remoteness of the countries, absence of direct transport links and lack of information about one other.

Despite these, the relations are still advancing. Kazakhstan’s political stability and achievements in the fields of agriculture, technology and finance, however, can ensure future successful cooperation between the country and the continent. Kazakhstan is creating a sub-regional hub for multilateral diplomacy in its southern capital of Almaty. As a result, interregional cooperation could be initiated between Central Asia and Africa.

In broader terms, Kazakhstan has been an active participant in South-South cooperation. Its efforts in the areas of development exchange and cooperation provide a good opportunity for African countries, said UNDP Regional Bureau for Africa (RBA) Strategy and Analysis Team Chief Ayodele Odusola.

“One thing that is very clear to us as a key partner with the Kazakh government is that South-South cooperation has become an effective strategy of development solutions in developing countries, especially in Africa. We feel it is quite important for us to move this issue of South-South cooperation to the next level,” he noted.

Odusola added statistics indicate Africa will contribute 54 per cent of the total population growth expected worldwide by 2050 and 82 per cent by 2100, which, in turn, requires consolidating efforts.

“There are a number of lessons and experiences that can be shared between Kazakhstan and many African countries, essentially in the areas where Kazakhstan is doing very well when it comes to the issues of industrialisation and mechanised agriculture,” he told The Astana Times and added that Kazakhstan and many African countries have similarities in the structure of the economy.

Under Kazakh President Kassym-Jomart Tokayev, the new Foreign Policy Concept of Kazakhstan indicates Africa as one of the top priorities regions and plans to establish more diplomatic relations with the majority of African countries. The document says that Astana is observing the current political and economic transformations with great interest in Africa.

“We can see a serious geopolitical struggle between the major powers of the world for its rich natural resources. At the same time, it is a rather complex region where peace, stability and security have been significantly undermined. Kazakhstan intends to significantly contribute to the establishment of safety on the continent and further support the process of attaining sustainable development,” it says in part.

Kazakhstan and Africa coordinate well at the African Union and similarly at the United Nations. Some African countries are doing their individual homework and trying to become a real partnering force, as Kazakhstan is transforming in the 2050 development programme set for itself, so also the continent has its own 2063 Agenda fixed by the African Union.

Click to comment

Leave a Reply

World

Russia-Africa Summit: Sergey Lavrov Undertakes Assessment Tour

Published

on

Sergey Lavrov

By Kestér Kenn Klomegâh 

Behind lofty summit declarations, several bilateral agreements and thousands of decade-old undelivered pledges, Russia has been stacked due to the  “special military operations” it began in late February in Ukraine. It has achieved little these few years after the symbolic summit held in 2019. With preparations for the next African leaders’ summit, Foreign Minister Sergey Lavrov plans to undertake two African tours during the first quarter of 2023.

At the heat of the Russia-Ukraine crisis and within the context of the current geopolitical and economic changes, Lavrov made a snapshot trip to four African countries from July 24-28 this year. The four African countries on that travel agenda: are Egypt, Ethiopia, Uganda and the Republic of Congo.

In January-February 2023, Lavrov will first focus on North Africa. Why is Maghreb a strategic region for Russia? It is true that despite the appearance of competition between Europe and the United States, between Russia and China, as well as the Gulf States, Russia has intensified its relations aims at raising its influence in the Maghreb.

Worth noting that Egypt already has significant strategic and economic ties with Russia. With the geographical location of Egypt, Lavrov’s frequent visits there have some tacit implications. Last July trip, for instance, concretely aimed at explaining the perspectives for Russia’s actions in neighbouring Ukraine to frame-shape its geo-strategic posture in the region and solicit support from the entire Arab world. It followed US President Joe Biden’s official visit to the Middle East. Biden visited Israel, the Palestinian territories and Saudi Arabia.

Reports from Russia’s Ministry of Foreign Affairs this week indicated that Lavrov plans to undertake two “coordinated working visits” and the first trip will focus on the Arab-speaking North African region popularly referred to as Maghreb. For several decades, the Maghreb region has been a multifaceted conflict region, in fact, one of the most volatile geopolitical frontiers, which includes Mauritania, Morocco, Algeria, Tunisia and Libya. This vast area inhabited by some 120 million people – 80 per cent of them in Algeria, Egypt and Morocco – is landlocked between the huge Mediterranean Sea and the Sahara Desert.

Historically, Russia has had long-standing good political relations not only in the North but also with sub-Saharan Africa down to Southern Africa since Soviet times, providing tremendous support for liberation movements that culminated in decolonization and, ultimately, the rise of the economies in Africa. The continent is rife with rivalry and competition, attracting foreign players, especially at this time of emerging new global order.

According to official reports, Russia is interested in expanding multifaceted cooperation and making feverish attempts for a collaborative mechanism to upgrade its relations. It seeks to work closely in developing a new architecture necessary for participating in development projects, and promote infrastructure, trade and other viable economic ties. It held the first Russia-Africa summit three years ago, signed many bilateral agreements and issued an impressive joint declaration as a roadmap for future directions.

On the agenda for the second Russia-Africa summit scheduled to be held in St. Petersburg, there are matters relating to building a new global architecture in the context of strengthening multi-polarity and international security, food and energy security, healthcare and humanitarian cooperation, education, science and culture.

With rafts of sanctions imposed on Russia, it becomes expedient for both Russia and Africa to find alternative ways of collaboration (between Russia and Africa) that do not rely on Western currencies or sanctions policy. Of course, illegal sanctions imposed on Russia continue to have a negative impact on foreign economic relations, necessitating an urgent reconfiguration of strategies for pushing further cooperation.

The reports always note that Africa is one of the most important and fastest-growing regions for Russian producers. Moscow understands the significance of engaging and achieving sustainable development there. For example, Russia faces the challenge of promoting the creation of a reliable infrastructure for the production and transportation of African energy products and the development of domestic markets. It faces the challenge of setting its economic influence in the continent admirably.

However, in November 2021, a policy document titled the ‘Situation Analytical Report’ presented at the premises of TASS News Agency was very critical of Russia’s current policy towards Africa. While the number of high-level meetings has increased, the share of substantive issues on the agenda remains small. There are few definitive results from such meetings, according to that authoritative report researched and put together by 25 Russian policy experts headed by Professor Sergey Karaganov, Chairman of the Council on Foreign and Defense Policy.

The report pointed to the lack of coordination among various state and para-state institutions working with Africa. For the past three decades, Russia has played very little role in Africa’s infrastructure, agriculture and industry. Many bilateral agreements at the top and high political levels have still not been implemented. A lot more important issues have received little attention since the first African leaders’ summit was held in Sochi.

Our monitoring shows that the Russian business community hardly pays attention to the significance to, and makes little effort to leverage the African Continental Free Trade Area (AfCFTA), which provides a unique and valuable platform for businesses to access an integrated African market of over 1.3 billion people.

Nevertheless, Russia brings little to the continent, especially in the economic sectors that badly need investment. An undeniable fact is that many external players have also had long-term relations and continue bolstering political, economic and social ties in the continent.

Of course, Russia aims at restoring and regaining part of its Soviet-era influence but has problems with planning and tackling its set tasks and lack of confidence in fulfilling its policy targets. The most important aspect is how to make strategic efforts more practical, more consistent and more effective with African countries. Without these fundamental factors, it would therefore be an illusionary dream considering a multifaceted partnership with Africa.

Continue Reading

World

Russia’s Cultural Diplomacy in Multipolar World: Perspectives and Challenges for Africa

Published

on

multipolar world

By Kestér Kenn Klomegâh

After careful research to find the meaning and implications of the term “multipolar world” often used these days, the free dictionary and englopedia offer insights as a system of world order in which the majority of leading global powers coordinate and commonly agree on economic, political and cultural influence and acceptable directions.

Both dictionaries further explain that countries have multipolar approaches to foreign policy. Participating countries necessarily conceive multiple centres of power or influence in the world and have a multipolar approach to foreign policy. A multipolar world could mean various differences in thoughts, views and ideas regarding anything in particular that different people desire to do across the world.

It appears from several reports that China and Russia intend to lead the new world order. Speeches from both sides are extremely critical of “based rules and regulations” given by the United States and Europe. The United States’ global dictatorship might end so that the unipolar would then become a multi-polar world, in which democracy could actually thrive.

In practical terms and in order to lead a multipolar system requires an outward, broad and integrative approach. While China, to a large extent, has portrayed this practical approach which is readily seen around the world, Russia’s method is full of slogans and highly limited. With the emerging new global order, China appears more open and integrative than Russia. Despite the fact that it madly advocates for creating and ultimate establishment of this multipolar world, Russia exits significantly from the global stage, thus isolating itself and further contributing towards its own “cancel culture” instead of the opposite.

Whether people like it or not, the United States will conveniently operate within the emerging multipolar system. It has the instruments to operate within the framework of multilateralism and an integrative multicultural environment. The United States is and remains an “indispensable” power. Russia and a few of its allies in this evolutionary process, without adopting cautious steps and strategic approach, will definitely remain “dispensable” in the end.

In order to deepen our understanding of the emerging multipolar world, it is useful to make comparisons. The United States’ new strategy acknowledges that Africa will shape the future – not just the future of the African people but of the world. And as such deals with civil society, women and the youth, which it refers to as the megaphone of governance. These have an influence on policies and processes engaging policy-makers.

It further works in various directions closely with the African Union, and one more new direction is the African diaspora. The United States has the largest African diaspora with social inroads and business inter-linkages and a hugely significant impact on developments inside Africa. In contrast, Russia has grossly ignored the African diaspora and even those African professional specialists it has indeed trained from Soviet times to and currently. In the emerging new multipolar world, to overlook these would be a sad mistake from a policy perspective.

Russians seriously brush aside the relevance and the role of culture, for that matter, soft power in foreign policy while advocating for this emerging new order. Examining, in broad terms, all aspects of culture that basically includes continuing the struggle for self-determination, for creating the grounded opportunity to live in peace and preserving one’s valuable traditions. Language, of course, plays its unifying role.

Some contradictions and different interpretations might exist. On the other hand, there are divergent views and different perceptions relating to the current geopolitical changes, but frankly speaking, the study of foreign languages, including English, Spanish, Portuguese, Arabic, and the emerging interest in the Chinese and Russian languages, has been a long part of people’s lives, especially those who hope to move across borders and dream to have smooth interactions with other nationals from different countries around the world.

For the past three decades since the collapse of the Soviet era, Russian language studies have been low, for example, among the African population, primarily due to a lack of overwhelming interest and adequate motivation, and a lack of consistent interactive cultural activities by Russian authorities, experts at the Africa Studies Institute frequently say, and warmheartedly admit that things have slow with Russia’s return to Africa.

Most Africans prefer to study foreign languages to ensure smooth participation in interstate activities such as trade and in order to maintain relationships with people abroad. Foreign countries, for example, Britain, the United States, European countries and now China, are their traditional favourites. There are always interactive programmes and cultural activities throughout the year operated by foreign missions and NGOs.

Interpreted from different perspectives, Russia has not been a major economic giant in Africa compared to Western and European countries and China. Due to this historical truth, Africans have little interest in studying the Russian language and its culture. The Russian language itself does not sound attractive in terms of its economic opportunity, and therefore, Africans prefer to study languages that readily offer opportunities. China is making huge contributions to the continent, and this has made Africans see the need to understand the language in order to have better interaction with them.

The obvious worst-case scenario is that the Russian government has not created the necessary conditions and reasons to study the language simply because it has little influence in the continent. Besides that, the trade and commercial links between Russia and Africa are quite negligible, so there is no desperate demand for the Russian language for businessmen. Admittedly, Russia is not a welcoming holiday destination for African elites and the middle class, which is twice the total population of Russia and constitutes 40% of the 1.3 billion population of Africa. Travel and tourism is an increasingly huge business, and the unique geographical landscapes and changing attractiveness of Moscow, St Petersburg and Sochi – are unknown to the African elite and the growing middle class.

With the current evolving political and cultural processes, the West and Europe will still have a strong classical grip on Africa, influencing everything first from culture and tourism and moving onward to politics and economics. Perhaps, Russia has to play the correct strategic openness and welcome African travellers, tourists and visitors. Closing doors in these critical times might negatively distract Africa’s support for Russia.

The worrying tendency is that Rossotrudnichestvo, an agency under the Ministry of Foreign Affairs of the Russian Federation, pays little attention to educational and cultural questions in Africa, compared to its assertive counterparts – USAID, Alliance Française de France, The Goethe Institute, British Council, Instituto Cervantes that operate throughout the world.

Another Russian organization – Russkiy Mir Foundation, which is directly responsible for promoting the Russian language and culture abroad, does extremely little in sub-Saharan Africa. In addition, cultural officers work in all 38 Russian embassies in Africa.

Russia appears quite removed from Africa’s development issues, it is only mentioned in limited areas like weapons and military equipment supplies to French-speaking West Africa. Nowadays, China is being viewed as a strong strategic partner in Africa, given its (China’s) strong footprints in diverse economic sectors. China has more than 20 Confucius Centers and a party school in Africa. Western and European, and China support civil society, youth programmes and women’s issues – these are completely not on Russia’s radar.

Russia allegedly allows its own ‘cancel culture’ and significantly not by the United States and its European allies. In practical terms, creating a multipolar system deals largely with cultural and social orientation, it deals with public perceptions through openness and friendliness. At this new historical reawakening stage, Russia has reviewed itself and tried to focus on building relations, both with substance, trustful and refined approach and strategically engaging with civil society, youth organizations and non-state institutions in Africa.

By and large, Russia has to intensify its people-to-people connections, soft power and cultural diplomacy with Africa. There is a huge cultural gap in new thinking, working with young professionals and associations to promote people-to-people diplomacy through business links, cultural exchanges and competitions. As Russia charts loudly for the multipolar system, this has to reflect in its current foreign policy and approach, especially towards the developing world, in Latin America, Asia and Africa.

Late October, during the final plenary session of the 19th meeting of the Valdai Discussion Club, the focus was on matters related to the changing geopolitics and civilisation diversity, the new world order and its future developments. Under the theme, A Post-Hegemonic World: Justice and Security for Everyone, the four-day-long interactive meeting brought academic experts and researchers, politicians, diplomats and economists from Russia and 40 foreign countries.

President Vladimir Putin discussed, at considerable length, so many controversial questions. According to him, classic liberal ideology itself today has changed beyond recognition. They predicted the end of the United States’ global dominance but fell short in proposing an appropriate Russian template – the principles and mechanisms – for realizing the lofty idea and approach to establishing a multipolar world.

Putin did not say anything about Russia becoming a power but awarded that position to China. Giants like China, India and Indonesia with large populations are showing economic growth; in Africa, large countries – some of them with a population of 200 million – are emerging and making progress, as well as countries in Latin America.

According to him, Russia still has friends around the world. He mentioned that in Central America and Africa, Russian flags are flying everywhere. “There are flags in European countries and in the United States too; we have many supporters there. By the way, a large proportion of the US population adheres to traditional values, and they are with us, we know this,” he added in his assertive conversation at the Valdai gathering.

Putin, along the line, argued that the support for multipolar order largely exists in the global south. Russia is not the enemy and has never had any evil intentions as regards the European countries and the United States. He appreciated Africa’s struggle for independence and against colonialism. These absolutely unique relations were forged during the years when the Soviet Union and Russia supported African countries in their fight for freedom.

In this context and in relation to Africa, Natalia Zaiser, Founder of the African Business Initiative Union, apparently talked about the new historical stage need to establish new or different institutions of international partnership.

Her series of questions to Putin: “Mr President, what is your vision of a new international partnership institution? Which basis of parities is Russia ready to offer at the international level? Which mechanisms, tools and personalities are needed to acquire new allies, partners and friends, not at a declarative level but at the level of unquestionable responsibility in terms of agreements? Do you think we should also change or build up other approaches within the future international partnership?”

Putin’s answer was: “We must, and we can focus on cooperation, primarily, with countries which have sovereignty in taking fundamental decisions. This is my first point. My second point is that we need to reach a consensus on each of these decisions. Third, we need to secure a balance of interests. Part of which institutions can we do this? Of course, these are primarily universal international organizations, and number one is with the United Nations.”

Continue Reading

World

EU, IFC Launch €25m Fund to Rebuild Ukraine

Published

on

IFC Market Integrity

By Adedapo Adesanya

A new agreement between the International Finance Corporation (IFC) and Ukraine’s Energy Efficiency Fund will channel up to €25 million in EU funds to help homeowners’ associations restore war-damaged residential buildings, the organisations announced on Monday.

The effort will support Ukrainian families amid the ongoing war and boost the resilience of Ukraine’s residential sector. Since February 24, the conflict in Ukraine has substantially damaged or destroyed the homes of 2.4 million Ukrainians, according to the Ministry for Communities and Territories Development of Ukraine.

The Kyiv School of Economics estimates that the total number of the affected housing stock in Ukraine is up to 136,000 buildings or 40 per cent of the total number of residential buildings, including almost 16,000 multi-apartment buildings. As it stands, there is not enough public and private financing to rebuild the sector.

IFC will support the Energy Efficiency Fund’s Restoration Program by channelling the EU grants to homeowners’ associations across Ukraine, covering the costs of restoring multifamily buildings that did not suffer structural damage.

The programme will cover the replacement of windows, doors, roofs, and walls, among other elements, and IFC will also help the Fund with a pipeline of reconstruction projects as well as support beneficiaries with the application process.

A €5 million pilot phase is being rolled out in Kyiv, Zhytomyr, Sumy, and Chernihiv, larger cities in northern and central Ukraine that have come under increased attacks over the last two months.

Speaking on this, Mr Yehor Farenyuk, director of the state-owned Energy Efficiency Fund, said, “This programme launched by the Energy Efficiency Fund provides vital support to homeowners’ associations to help them restore buildings damaged by Russia’s military aggression.

“This is substantial support for many war-affected Ukrainians since the program will cover 100 per cent of the cost of all construction materials and work. We are very grateful to our partners — the EU and IFC — for their engagement and support, and we hope to continue our fruitful cooperation in this area.

“Rebuilding efforts in war-torn Ukraine cannot and should not be stalled,” said Ms Rana Karadsheh, IFC’s Regional Director for Europe. “We are grateful to the EU for their ongoing assistance, enabling us to provide vital support to Ukraine during these challenging times. We are committed to supporting Ukrainians and their efforts to restore residential and other economic sectors devastated by the war.

“The EU stands with Ukraine as it fights off Russia’s aggression and supports its people. We are happy to join forces with our trusted partners Ukraine’s Energy Efficiency Fund and IFC to help rebuild Ukrainian’s homes that were destroyed by Russia,” said Ms Katarína Mathernová, Deputy Director General of the Directorate General for Neighbourhood & Enlargement Negotiations and Head of the Support Group for Ukraine at the European Commission.”

Since October 2019, the original Ukraine Energy Efficiency Fund Program, led by IFC in partnership with the EU, has channelled grants worth nearly €15 million into energy-efficient renovations of 229 residential buildings in Ukraine, of which 109 are fully completed, with the remaining 120 projects continuing to implement the energy efficiency modernizations amid the war.

As part of IFC’s broader response to the war in Ukraine, in October, IFC launched another €25 million EU-supported programme to help municipalities to renovate municipally owned buildings to host internally displaced people.

Continue Reading
%d bloggers like this: