'Africa's Green Transition Presents Enormous
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THE AFRICAN STORY ADVERTISE WITH US DON’T BE LEFT BEHIND ISSUE NUMBER 766 VOLUME 2 26 APRIL - 02 MAY 2021 WHO condemns global vaccine divide – Again! page 4 Risk of major measles outbreaks as countries delay vaccination drives page 7 Upholding the Culture ‘AFRICA’S GREEN of Hip Hop – The Roots and Philosophy of TRANSITION Zeus PRESENTS ENORMOUS OPPORTUNITIES’ page 10 2 Echo Report Echo Newspaper 26 April - 02 May 2021 THE AFRICAN STORY News, Finance, Travel and Sport Telephone: (267) 3933 805/6. E-mail: newsdesk@echo. co.bw Advertising Telephone: (267) 3933 805/6 E-mail: [email protected] Sales & Marketing Manager Ruele Ramoeng [email protected] Editor Bright Kholi [email protected] Head of Design Ame Kolobetso [email protected] ‘Africa’s Green transition Distribution & Circulation Mogapi Ketletseng [email protected] presents enormous Echo is published by YMH Publishing YMH Publishing, opportunities’ Unit 3, Kgale Court, Plot 128, GIFP, Gaborone Postal address: African Development Bank recovery in Africa. With poverty. the private sector to complement P O BOX 840, President Dr Akinwumi abundant solar, wind, hydro and European Investment Bank public investments. Gaborone, Adesina has reminded global geothermal energy resources, President Werner Hoyer “The private sector, especially Botswana Telephone: (267) 3933 805/6. audiences of the continent’s Africa’s energy transition alone said the partnerships forged small and medium-sized E-mail: [email protected] vast opportunities for green presents a $100 billion per year in addressing the Covid-19 enterprises, is critical in www.echo.co.bw growth. investment opportunity, he crisis must now be applied to mitigating climate change “Africa is a huge market said. Agriculture potentially climate change. “Africa may and implementing adaptation DISCLAIMER: offering incredible offers massive investments in be the continent that is most methods. This calls for innovative Echo Newspaper welcomes concise letters from readers. opportunities. The recovery climate-smart crops to build vulnerable to the immediate approaches to attract and steer Letters must carry the pathway offers enormous more resilient food systems. And effects of climate change but financial flows toward low full name and address of opportunities. Recovery must climate-resilient infrastructure it is responsible for some of carbon and climate resilient the sender. Letters must be green and build climate offers investment potential of the lowest greenhouse gas development,” Adesina said. conform to the laws of resilience. Recovery must boost between $130 billion and $170 emissions per head. This is also A greener Africa must also Botswana and to the Press Council of Botswana’s Code green investments,” Adesina billion, Adesina said in a video the continent where mistakes focus on the circular economy, Of Ethics. Letters will also be said in a keynote address at the address. made elsewhere can be avoided. in which waste can be recycled edited for length, libel and European Union-Africa Green Speakers emphasized the need Africa can invest in innovative and turned into wealth. language. Investment Forum on Friday. to build back greener collectively. technologies and make the right For example, a new plastic The hybrid forum was Several congratulated the United choices for a sustainable and recycling plant in Ghana has convened by Portugal and the States, after President Joe Biden inclusive future.” already created 2,300 green European Investment Bank to on Thursday committed to cut In a recorded message during jobs, while converting food mobilize private and public carbon emissions by 50-52% the opening session, António waste into organic fertilisers capital towards the green below 2005 levels by the year Guterres, Secretary General will increase the circularity of transition in Africa. The high- 2030. of the United Nations, said the the food systems, Adesina said. level event brought together “We need to bring everyone gathering was an opportunity Commending the European leading government and on board,” African Union to strengthen partnerships and Commission’s External business figures, international Commissioner Josefa Sako said. boost investment in Africa for Investment Plan, Adesina said and development financial She called for a just transition the benefit of all. the Bank looked forward to Read more Echo institutions, civil society and that recognized the historical “I see agendas converging building a strong partnership stories on our academia. responsibility of the developed around financing a green with the Commission to deliver Facebook page by Adesina identified energy, world for climate change. She transition and greater resilience. more in the context of the new agriculture and infrastructure warned that measures taken African countries are rapidly EU strategy with Africa. scanning the QR as key areas of investment should not push vulnerable scaling up renewables, “Africa is already green. Africa code below with potential for a post-Covid-19 populations into greater particularly solar and wind just needs to get greener. What your mobile phone power,” Guterres said. is needed now is more euros to While climate change is a huge back Africa’s green growth. challenge for Africa, Adesina Think about the tremendous urged investors to seize on the green investment opportunities opportunities it presents, which available today and many more would be worth $3 trillion by that will emerge into the future. 2030. Think differently, think Africa,” The African Development Bank he said. is in the vanguard of investment in climate adaptation, he said, (APO) but over 70% of the financing needed will need to come from Echo Newspaper 26 April - 02 May 2021 Road to Zambia Elections 3 factors as an example. The and impact of nutrition related Zambia must find a way to president’s active engagement noncommunicable diseases. in promoting healthy lifestyles Therefore, raising awareness in mainstream media was seen should be an immediate priority balance the economy and public as good leadership. for Zambia. The sugary drinks tax in Our findings show that health in tax policy Zambia was initiated and there is an opportunity to championed by the Ministry strengthen policies addressing The burden of excise tax on all non-alcoholic noncommunicable diseases of Health. Initially, a tax rate noncommunicable diseases noncommunicable diseases is beverages except water. A tax related to nutrition. But we of 20% was proposed. But this in African countries through growing rapidly across sub- rate of K0.30 (US$ 0.02) per believe the tension need not hurt met strong pushback from the measures like sugar- Saharan Africa. The conditions, litre was levied. This 3% tax is the public health objectives. There government’s economic sector sweetened beverage taxes. which include obesity and well below the recommended are opportunities to strengthen and industry stakeholders. They But policy measures should be diabetes, are now leading causes rate of 20% required to reduce existing taxation of sugary drinks argued this would contribute to contextualised to the needs of of premature deaths. In Zambia, noncommunicable disease risk by ensuring policies take local a high cost of doing business. the country. The priority of most noncommunicable diseases factors like obesity. Because economic context into account. Industry attempted to discredit African governments is economic account for 29% of all deaths. of the low rate, health sector The diseases were linked to evidence supporting the tax. growth. The consumption of unhealthy stakeholders are suggesting that lifestyle factors such as physical Some suggested that the Zambian A differential tax that commodities – tobacco, alcohol the tax no longer focuses on public inactivity and unhealthy diet. But government was bowing to distinguishes between and ultra-processed foods high health. Instead, it’s a general none of the policies we reviewed international pressure without international and local producers in sugar, salt and fats – is a major source of government revenue. identified sugary beverages as considering the implication of and manufacturers may be a risk factor for these conditions. In our recent study, my a driver of noncommunicable the tax in the domestic context. feasible starting point to balance To regulate the availability of colleagues and I looked for diseases in Zambia. Such strong lobbying against the economic interest with public unhealthy commodities, the opportunities to strengthen Nutrition advocates and tax likely contributed to the low health objectives. World Health Organisation this tax policy in Zambia. Our government representatives rate of 3% that was eventually Taxation could also support (WHO) recommends cost- focus was on sugar-sweetened suggested that the lack of adopted. public health by providing effective, evidence-based beverage taxation. diversity in people’s diets could Respondents suggested subsidies for fruit and vegetables, interventions. One such measure Our findings showed tension be a contributor to the rise of that revenues from the tax or the provision of safe drinking is a tax on sugar-sweetened between the government’s noncommunicable diseases. should finance nutrition and water. To achieve this, the beverages. Sweetened beverages economic and public health Maize porridge – nshima – is noncommunicable disease revenues from the tax could be are associated with a number priorities. The government a staple in the country and is prevention programmes. These