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Annual Development Effectiveness Report credits African Development Bank with impressive results despite Covid-19 pandemic – The Maravi Post

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The African Development Bank played a critical role in supporting millions of people across the continent, affected by the impact of the Covid19 pandemic in 2020. This is according to its latest Annual Development Effectiveness Review released on Tuesday.

The pandemic caused fiscal deficits to double and indebtedness to rise sharply, reducing the capacity of African countries to invest in economic recovery. The African Development Bank responded swiftly with a Covid-19 Response Facility that provided $3.6 billion in emergency budget support. The funding went into key areas such as health, social protection, and economic assistance, benefitting 12.3 million vulnerable households across 31 countries.

For instance, in Côte d’Ivoire, Ghana and Senegal the Bank helped to subsidize water and electricity bills for vulnerable households. In Sierra Leone, it supported the training and protection of 11,000 frontline health workers. With the Bank’s support, Ethiopia’s daily Covid19 testing capacity quadrupled. And in Morocco, the Bank helped the country upgrade health infrastructure, allowing for efficient patient care.

The Annual Development Effectiveness Report notes that small and micro-enterprises supported by the Bank generated revenues of $2 billion, helping them weather the pandemic in 2020. Through its Technologies for African Agricultural Transformation (TAAT) program, the Bank’s support for food security and agricultural development reached 11 million farmers in 28 countries and avoided $814 million in food imports.

While many African countries are still grappling with the pandemic, the Bank Group President Dr Akinwumi A. Adesina is optimistic about Africa’s speedy return to growth and prosperity. “The African Development Bank’s resolve to support the continent to realize its full potential is stronger than ever, and we look forward to working hand in hand with African countries to help them realize their goals.”

Projects funded by the Bank in 2020 connected 260,000 people to electricity supply. Around 16.4 million people benefited from improvements in agriculture. About 9.2 million people gained access to better transport services, and 8.3 million people benefited from new or improved water and sanitation.

“This year’s edition takes place against the backdrop of an unprecedented global pandemic and economic crisis. And yet, despite all these challenges, the Bank has made some remarkable achievements in 2020, both at an operational and at a corporate level.”, said African Development Bank Senior Vice President Bajabulile “Swazi” Tshabalala.   As a development agency, we are proud of our achievements and we must continue to enhance the quality of our operations and increase the development impact of our work.

Improved performance, global value chains that hold promise

The Annual Development Effectiveness Report found that the African Development Bank continued to improve its efficiency and performance, increased income and reduced administrative expenses. For another year running, the Bank retained its AAA credit rating.

As African countries begin to build back boldly from the pandemic, the Bank’s priority in the coming year will be to help countries identify the right policy measures and investments to achieve inclusive and sustainable economic growth.

The report also analyses various aspects of African economies and proposes critical reforms to improve economic gains. For example, for Africa to participate in global value chains, the report recommends more openness to foreign direct investment, and greater trade liberalization to lower tariffs on inputs.

“It is also important for countries to identify the products that they are best equipped to integrate into global value chains,” the report notes. It adds that the African Continental Free Trade Area (AfCFTA) gives African countries a structure for developing effective value chains both regionally and globally.

The report highlights pharmaceuticals as one sector with new opportunities, noting that Africa imports majority of pharmaceutical products.

Published annually for the past 11 years, the Annual Development Effectiveness Report analyzes the Bank’s contribution to Africa’s development. It monitors the progress of the Bank’s Results Assessment System and tracks the contribution of its activities to the Bank’s High 5 strategic priority areas: Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the Quality of Life for the People of Africa.

The report also tracks the impact of the Bank’s cross-cutting goals and long-term objectives of fostering sustainable development and green growth.

Click here to read the Annual Development Effectiveness Review.

Infographics:  https://www.afdb.org/en/annual-development-effectiveness-review-2021/infographics

Photos:   https://www.afdb.org/en/annual-development-effectiveness-review-2021/photo-gallery

Source African Development Bank Group

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Hawkeye Marvel Movie 2021 Release Date, Where To Watch Online Streaming on Disney+ Hotstar

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The ‘Hawkeye’ is the latest release which is in the limelight because of the story. As per the details, the stream of this film is available on several platforms that we going to discuss here. After the release of ‘Hawkeye’, there are many peoples who waiting for it.

Hawkeye’ 2021 Online Free

We can tell the way from which you will be able to watch the streaming of this brilliant movie. So let’s begin the article which is important to know and you will get all the details. We will explore all the things and solve your queries regarding ‘Hawkeye’ streaming.

Hawkeye Marvel Movie 2021 Release Date

Talking about the cast then we want to tell you some information. There are many things. There are several names of star cast which is definitely important to be discussed and we will tell you briefly about it. This star cast will become the reason behind its upcoming popularity. If you want to know the details then you will see an amazing level of popularity in the upcoming days.

  • Jeremy Renner as Clint Barton / Hawkeye
  • Hailee Steinfeld as Kate Bishop / Hawkeye
  • Vera Farmiga as Eleanor Bishop
  • Fra Fee as Kazi
  • Tony Dalton as Jack Duquesne
  • Zahn McClarnon as William Lopez
  • Alaqua Cox as Maya Lopez / Echo
  • Florence Pugh as Yelena Belova / Black Widow
  • How many episodes is Hawkeye?
  • Hawkeye consists of six episodes.

The film was released and on the official platform of the movies. It got an amazing level of popularity over the period of time. After the release, there are many fans appear who eagerly want to watch the story on their screen. Currently, it is getting such huge popularity over the period of time. Definitely you check on IMDB.

Now comes the very important detail which is about how to watch the live stream of the movies. So on the basis of available details, you can watch the streaming on Amazon prime video.

Also, you can rate the movie and share your feedback regarding the entertainment how much enjoyed it. However, if you want to watch it for free then must be you can bookmark the page in your browser. So stay tuned with us and get all the details.



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Infinix Note 11S & Zero 5G Launch Soon in India Check Price, Specification and Features, Images

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The Hong-Kong based smartphone company, Infinix is all set to appear with two new smartphones in the Indian market soon. There are some expectations that the smartphone company is going to launch two new smartphones in the Indian smartphone market – Infinix Note 11S and there are some speculations that the next 5G smartphone of the company is Zero 5G that will also be launched in the Indian market.

infinix note 11s

According to the sources, the Infinix Note 11S has already made its launching in Thailand. The smartphone is powered by the MediaTek Helio G96 SoC and the same processors that give power the Note 11 series.

Infinix Note 11S & Zero 5G Launch Soon in India

CEO of Infinix, Anish Kapoor teased the launching of the Note 11S on Twitter. He wrote,” The World is a battlefield, it’s time to #ChooseYourWeapon and own the game! For all the gamers in the house, get ready because there is something special coming soon”. Along with this, he also provided some glimpses of the Infinix Note 11S on Twitter.

Along with the Note 11S, there are some speculations that the Infinix Zero 5G is also ready to launch in India soon. A well-known tipster named Tech Arena24 gave the name on Youtube after spotting the smartphone with model number X61815 and it could be called Infinix Zero 5G.

Some expectations are revealing that the smartphone will have a Super AMOLED display with a 120Hz refresh rate and be powered by MediaTek Dimensity 900 chipset. So, let’s talk more about that smartphone.

Infinix Note 11S: Specification and Features

As per the sources, the Infinix Note 11S comes with a 6.95-inch IPS LCD display with a high refresh rate of 120Hz and 180Hz touch sampling rate. Along with this, the Infinix Note 11S is also powered by the MediaTek Helio G96 SoC paired that paired with 8GB of RAM and has a storage of 128GB. It runs on an Android 11 with an XOS 10 skin on the top.

With all of this, the smartphone has features of a triple camera including a 50-megapixel, a 2-megapixel, and a 2-megapixel depth sensor. There is a punch-hole display on the top of the screen in which, a 16-megapixel camera is fitted.

If we talk about the connectivity option of the smartphone so, it comes with a 4G, Wi-Fi, Bluetooth, GPS, a USB Type-C, 3.5mm headphone jack, and many more. There is a side-mounted fingerprint sensor in the smartphone with a microSD card to expand the storage including a 5000mAh battery that supports 33W fast charging.

Infinix Note 11S: Price in India

Well, the Infinix Note 11S has been launched in Thailand at THB 6,999 (roughly Rs. 15,700) for the 8GB RAM and 128GB of storage. Along with this, the smartphone will available in Haze Green, Symphony Cyan, and Mithril Gray option.



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Embattled NOCMA deputy boss Buluma faces probe over “Wasteful MK3.9m security details” – The Maravi Post

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By Thandie Chadzandiyani

LILONGWE-(MaraviPost)-National Oil Company of Malawi (Nocma) deputy chief executive officer Helen Buluma has been given seven days to respond to allegations that the institution is draining K3.9 million monthly on her security detail by the Office of the Ombudsman.

The action by the Ombudsman follows a complaint from Human Rights Defenders Coalition (HRDC) that Buluma and her residence are guarded by armed police officers and private bodyguards outside her entitlement.

In a letter Reference OMB-LL-2021-357, dated November 22, 2021 titled ‘Investigations Into Allegations of Abuse of Office and Acts of Maladministration by Nocma deputy CEO, Ombudsman Grace Malera instructs Buluma to respond to the allegations by December 2 2021.

The copy of Nocma employees’ Conditions of Service, the State oil firm’s CEO and the deputy are entitled to a day security guard and two night security guards plus an alarm or rapid response system.

Reads the Ombudsman’s letter, in part: “ In particular, you are to respond to the issues relating to allegations in relation to abuse of office by yourself as deputy chief executive officer in getting security detail not in line with your entitlements, provide information and supporting documents relating to your entitlement where the issue of security for your person and your residence is concerned,

“lf, indeed, you are getting security details as per the allegations in the complaint, explain the authority under which the same benefit is being accorded to you and, if, indeed, you ore getting security details as per the allegations, provide information as to how such services are being paid for—whether the services are being charged to Nocma and why?”

However Buluma could not be reached on her mobile phone and she also did not respond to any question.

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