logo
The Global Environment Facility (GEF) backs $8.7m initiative to unite African nations against extreme weather events in the Ubangi River Basin

The Global Environment Facility (GEF) backs $8.7m initiative to unite African nations against extreme weather events in the Ubangi River Basin

Zawya2 days ago

Home to one of the largest tributaries of the Congo River, the Central African Republic (CAR) and the Democratic Republic of the Congo (DRC) will benefit from a pioneering cross-border initiative to prepare for extreme climatic events and develop joint water resource management strategies with $8.7 million in funding from the Global Environment Facility (GEF).
Approved this Monday by the GEF Council, the 'Regional program for integrated water resources management in the transboundary basin of the Ubangi River between the CAR and the DRC' aims to strengthen bilateral cooperation between the two African nations while improving technical and institutional capacities for managing increasingly extreme floods, droughts and erratic rainfall patterns affecting the Ubangi River basin.
The GEF implementing agencies of the project are the International Union for Conservation of Nature (IUCN) and the African Development Bank. A regional body and two national ministries are ensuring the execution of the initiative: the International Commission of the Congo-Ubangi-Sangha (CICOS), the Ministry of Rural Development of the DRC, and the Ministry of Development of Energy and Water Resources of the CAR.
Thierry Kamach, Minister of Environment and Sustainable Development of CAR said: ' The degradation of natural resources is undeniable. The United Nations 2030 Agenda is an inspiring and unifying message to build strong resilience around a transformative project that will further strengthen ecosystem interdependence for a greener and more sustainable future.'
Flowing between the CAR, the DRC and the Republic of Congo, the Ubangi stretches over 2,272 kilometres and is the main right-bank tributary of the Congo River. As such, it is part of the Congo River basin, the second-largest river basin in the world and a global biodiversity hotspot with over 1,000 fish species.
The river basin's rainforest harbours more than 10,000 plant species and 2,500 animal species, including two-thirds of all primates, which are under pressure from deforestation and land cover clearing. In parallel, changes in hydrological regimes, riverbank erosion, sedimentation and mining pollution threaten the river's fish and shore fauna, which are becoming increasingly rare, and the Ubangi's role as a regulator of regional and global climates. These challenges will be addressed by the new GEF initiative in an integrated fashion, considering the nexus between biodiversity, climate and ecosystem degradation, and between aquatic and terrestrial ecosystems.
' This initiative is vital as it brings together the communities and institutions of two countries to conserve one of Africa's most ecologically and economically important river basins. By working across borders, these countries will strengthen their resilience to climate change while protecting biodiversity and the natural systems that sustain life ' said IUCN Director General, Grethel Aguilar. ' Through its strong on-the-ground presence in the Congo basin, IUCN will mobilise actors in the forest and environmental sectors to promote collaborative basin management and community-led nature-based solutions at the regional, national and local levels. Our focus will be as much on biodiversity and water resources, as it will on safeguarding the livelihoods of the region's 25 million inhabitants, many of whom depend on the Ubangi River for navigation, trade and agriculture '.
' This initiative is aligned with GEF's long-standing commitment and investments in the sustainable management of the Congo basin,' said GEF CEO and Chairperson Carlos Manuel Rodríguez. ' By funding this crucial effort in support of sustainable management of water and land resources while averting pollution and land degradation, the GEF also contributes to maintaining the ecosystem functions of this gigantic forest system in supporting the stability of the regional and global hydrological cycle.'
Over the past 30 years, changes in rainfall patterns have progressively decreased water levels and reduced runoff in the Ubangi River by up to 18%. Coupled with the erosion, this further accentuated the siltation of the river, which is not only detrimental to biodiversity but also cripples navigation, limits trade and restricts access to residential areas. Alternating with drought periods, destructive floods are another harsh reality affecting hundreds of thousands of people in the region over the last decade, leading to population displacement to neighbouring countries.
The new GEF initiative will enable more effective binational cooperation in decision-making and the political monitoring of water crises by establishing a joint observatory and shared tools and data protocols between the DRC and CAR to enhance forecasting, prevention, and common crisis management measures. To combat biodiversity loss caused by human activities in the river basin, practical demonstrations of nature-based solutions —such as agroforestry, conservation farming and ecosystem rehabilitation— will be carried out on site.
Ensuring social inclusivity and promoting a 'whole of society' approach, the project will roll out a framework for dialogue and exchange among stakeholders, including regional and local authorities, the private sector (particularly local small to medium-sized enterprises), young professionals, and female community leaders. This aims to strengthen local actors' capability to contribute to shared watercourse management through training and capacity-building, and to assist them in formulating strategies to resolve common challenges.
Anthony Nyong, Director of the Climate Change and Green Growth Department at the African Development Bank, stated: 'The Bank welcomes this GEF-supported initiative to strengthen cooperation in the Ubangi basin, enhance local resilience, and promote women's leadership. Its nature-based, people-centred approach aligns with our High 5s and offers a model for basin-wide collaboration in Africa.'
With $67 million mobilised in co-financing, the GEF initiative complements a pre-existing project entitled 'Regional Support Programme for the Development of Cross-border Water Infrastructure and Resources between the Central African Republic (CAR) and the Democratic Republic of Congo (DRC) – PREDIRE', being implemented by the African Development Bank, by mainstreaming environmental, ecosystem and participative approaches into the sectors of water, agriculture and transport.
Distributed by APO Group on behalf of African Development Bank Group (AfDB).
Contact:
Sonia Borrini
Communication Specialist
Climate Change and Green Growth Department
African Development Bank
s.borrini@afdb.org
IUCN Contact:
Priscila Jordão
Communications Officer
Global Communications Unit
International Union for Conservation of Nature
priscila.jordao@iucn.org
About the African Development Bank Group:
The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank, the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). With its presence in 41 African countries and an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states.
For more information: www.AfDB.org
About IUCN:
IUCN is a membership Union composed of both government and civil society organisations. It harnesses the experience, resources and reach of its more than 1,400 Member organisations and the input of more than 17,000 experts. IUCN is the global authority on the status of the natural world and the measures needed to safeguard it.
www.IUCN.org
About the GEF:
The Global Environment Facility (GEF) includes several multilateral funds working together to address the planet's most pressing challenges in an integrated way. Its financing helps developing countries address complex challenges and work towards meeting international environmental goals. Over the past three decades, the GEF has provided more than $26 billion in financing, primarily as grants, and mobilised another $148 billion for country-driven priority projects
www.TheGEF.org

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The Global Environment Facility (GEF) backs $8.7m initiative to unite African nations against extreme weather events in the Ubangi River Basin
The Global Environment Facility (GEF) backs $8.7m initiative to unite African nations against extreme weather events in the Ubangi River Basin

Zawya

time2 days ago

  • Zawya

The Global Environment Facility (GEF) backs $8.7m initiative to unite African nations against extreme weather events in the Ubangi River Basin

Home to one of the largest tributaries of the Congo River, the Central African Republic (CAR) and the Democratic Republic of the Congo (DRC) will benefit from a pioneering cross-border initiative to prepare for extreme climatic events and develop joint water resource management strategies with $8.7 million in funding from the Global Environment Facility (GEF). Approved this Monday by the GEF Council, the 'Regional program for integrated water resources management in the transboundary basin of the Ubangi River between the CAR and the DRC' aims to strengthen bilateral cooperation between the two African nations while improving technical and institutional capacities for managing increasingly extreme floods, droughts and erratic rainfall patterns affecting the Ubangi River basin. The GEF implementing agencies of the project are the International Union for Conservation of Nature (IUCN) and the African Development Bank. A regional body and two national ministries are ensuring the execution of the initiative: the International Commission of the Congo-Ubangi-Sangha (CICOS), the Ministry of Rural Development of the DRC, and the Ministry of Development of Energy and Water Resources of the CAR. Thierry Kamach, Minister of Environment and Sustainable Development of CAR said: ' The degradation of natural resources is undeniable. The United Nations 2030 Agenda is an inspiring and unifying message to build strong resilience around a transformative project that will further strengthen ecosystem interdependence for a greener and more sustainable future.' Flowing between the CAR, the DRC and the Republic of Congo, the Ubangi stretches over 2,272 kilometres and is the main right-bank tributary of the Congo River. As such, it is part of the Congo River basin, the second-largest river basin in the world and a global biodiversity hotspot with over 1,000 fish species. The river basin's rainforest harbours more than 10,000 plant species and 2,500 animal species, including two-thirds of all primates, which are under pressure from deforestation and land cover clearing. In parallel, changes in hydrological regimes, riverbank erosion, sedimentation and mining pollution threaten the river's fish and shore fauna, which are becoming increasingly rare, and the Ubangi's role as a regulator of regional and global climates. These challenges will be addressed by the new GEF initiative in an integrated fashion, considering the nexus between biodiversity, climate and ecosystem degradation, and between aquatic and terrestrial ecosystems. ' This initiative is vital as it brings together the communities and institutions of two countries to conserve one of Africa's most ecologically and economically important river basins. By working across borders, these countries will strengthen their resilience to climate change while protecting biodiversity and the natural systems that sustain life ' said IUCN Director General, Grethel Aguilar. ' Through its strong on-the-ground presence in the Congo basin, IUCN will mobilise actors in the forest and environmental sectors to promote collaborative basin management and community-led nature-based solutions at the regional, national and local levels. Our focus will be as much on biodiversity and water resources, as it will on safeguarding the livelihoods of the region's 25 million inhabitants, many of whom depend on the Ubangi River for navigation, trade and agriculture '. ' This initiative is aligned with GEF's long-standing commitment and investments in the sustainable management of the Congo basin,' said GEF CEO and Chairperson Carlos Manuel Rodríguez. ' By funding this crucial effort in support of sustainable management of water and land resources while averting pollution and land degradation, the GEF also contributes to maintaining the ecosystem functions of this gigantic forest system in supporting the stability of the regional and global hydrological cycle.' Over the past 30 years, changes in rainfall patterns have progressively decreased water levels and reduced runoff in the Ubangi River by up to 18%. Coupled with the erosion, this further accentuated the siltation of the river, which is not only detrimental to biodiversity but also cripples navigation, limits trade and restricts access to residential areas. Alternating with drought periods, destructive floods are another harsh reality affecting hundreds of thousands of people in the region over the last decade, leading to population displacement to neighbouring countries. The new GEF initiative will enable more effective binational cooperation in decision-making and the political monitoring of water crises by establishing a joint observatory and shared tools and data protocols between the DRC and CAR to enhance forecasting, prevention, and common crisis management measures. To combat biodiversity loss caused by human activities in the river basin, practical demonstrations of nature-based solutions —such as agroforestry, conservation farming and ecosystem rehabilitation— will be carried out on site. Ensuring social inclusivity and promoting a 'whole of society' approach, the project will roll out a framework for dialogue and exchange among stakeholders, including regional and local authorities, the private sector (particularly local small to medium-sized enterprises), young professionals, and female community leaders. This aims to strengthen local actors' capability to contribute to shared watercourse management through training and capacity-building, and to assist them in formulating strategies to resolve common challenges. Anthony Nyong, Director of the Climate Change and Green Growth Department at the African Development Bank, stated: 'The Bank welcomes this GEF-supported initiative to strengthen cooperation in the Ubangi basin, enhance local resilience, and promote women's leadership. Its nature-based, people-centred approach aligns with our High 5s and offers a model for basin-wide collaboration in Africa.' With $67 million mobilised in co-financing, the GEF initiative complements a pre-existing project entitled 'Regional Support Programme for the Development of Cross-border Water Infrastructure and Resources between the Central African Republic (CAR) and the Democratic Republic of Congo (DRC) – PREDIRE', being implemented by the African Development Bank, by mainstreaming environmental, ecosystem and participative approaches into the sectors of water, agriculture and transport. Distributed by APO Group on behalf of African Development Bank Group (AfDB). Contact: Sonia Borrini Communication Specialist Climate Change and Green Growth Department African Development Bank IUCN Contact: Priscila Jordão Communications Officer Global Communications Unit International Union for Conservation of Nature About the African Development Bank Group: The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank, the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). With its presence in 41 African countries and an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: About IUCN: IUCN is a membership Union composed of both government and civil society organisations. It harnesses the experience, resources and reach of its more than 1,400 Member organisations and the input of more than 17,000 experts. IUCN is the global authority on the status of the natural world and the measures needed to safeguard it. About the GEF: The Global Environment Facility (GEF) includes several multilateral funds working together to address the planet's most pressing challenges in an integrated way. Its financing helps developing countries address complex challenges and work towards meeting international environmental goals. Over the past three decades, the GEF has provided more than $26 billion in financing, primarily as grants, and mobilised another $148 billion for country-driven priority projects

Future of business in Africa will be shaped by partnerships
Future of business in Africa will be shaped by partnerships

Zawya

time2 days ago

  • Zawya

Future of business in Africa will be shaped by partnerships

Across Sub-Saharan Africa, businesses are navigating an economic environment shaped by evolving global and regional forces. Currency movements, changing capital flows, and shifts in trade dynamics continue to influence strategic decisions across industries. While these conditions introduce complexity, they also present opportunities for businesses and institutions to adapt, reposition, and grow. Recent years have seen notable adjustments in capital flows, particularly as global financial conditions tighten. According to data from the African Development Bank (AFDB), net financial flows to developing countries declined significantly in 2022, a trend reflected across multiple emerging markets. In 2023, many African currencies, including those in East Africa, came under pressure. Policymakers and financial institutions responded with targeted interventions aimed at preserving economic stability and curbing inflation. While each country's response has been tailored to its context, a common thread is the increasingly proactive role of monetary authorities in managing volatility. This coordination has been vital in restoring investor confidence and facilitating a more predictable operating environment for businesses that rely on cross-border trade, capital access, and foreign currency exposure management. These efforts are beginning to lay a foundation for more sustainable and balanced growth. Amid these developments, corporate and institutional clients are reassessing their operating models. There is a clear shift toward greater financial agility, with firms placing increased focus on liquidity management and more adaptive funding strategies. Shorter-tenor financing, particularly in trade and working capital, has gained traction as businesses seek flexibility in managing both cost and timing of capital. At the same time, currency risk mitigation, through hedging and structured treasury solutions has become a more central component of financial planning. We are also observing a shift in boardroom conversations away from purely cost-of-capital considerations toward more strategic thinking about capital structure, portfolio diversification, and risk-adjusted returns. Many clients are re-evaluating capital expenditure pipelines, not as a retreat from investment, but as a recalibration aligned to macro cycles and evolving market demand. This is particularly evident in infrastructure, manufacturing, and services sectors, where financing decisions are increasingly tied to operational agility and scenario-based planning. These trends are also redefining the role of financial institutions. The traditional transaction-driven model of banking is no longer sufficient in today's operating environment. Clients expect more: timely insights, sectoral understanding, and a partnership approach that goes beyond credit. In response, we have sharpened our focus on integrated client engagement, embedding ourselves in the realities of each business and designing financial solutions that align with both immediate needs and long-term strategy. As part of this effort, we recently hosted a regional economic forum convening clients, investors, and policymakers. The dialogue centred on practical strategies for navigating uncertainty, enhancing yield in a moderating interest rate cycle, and optimising financing structures in capital-constrained markets. The conversations underscored the importance of data-driven decision-making, and of building institutional resilience through a better understanding of both macro trends and operational risks. This form of engagement reflects a broader principle: our role must extend beyond capital provision. It includes strategic advisory, cross-market insight, and the ability to structure solutions that enable growth across varied and often complex environments. With a pan-African presence, Absa is well positioned to support clients operating across jurisdictions — whether through access to capital markets, foreign exchange and risk management capabilities, or bespoke structuring for regional and cross-border transactions. As businesses scale across the continent, there is growing demand for solutions that are both locally relevant and regionally harmonised. The emergence of initiatives such as the African Continental Free Trade Area (AfCFTA) underscores the need for financial partners who can navigate regulatory diversity while supporting seamless cross-border execution. Looking ahead, the future of business in Sub-Saharan Africa will be shaped by the partnerships we forge today. Long-term value creation will depend on how well we understand our clients' objectives, their constraints, and the environment in which they operate. Resilience, in this context, is not simply the ability to withstand disruption. It is the capacity to recognise opportunity in changing conditions and to respond with clarity, foresight, and the right support. That is the kind of partnership we should commit to, one grounded in trust, informed by insight, and designed to endure. The writer is the Corporate and Investment Banking Managing Principal at Absa Bank Kenya Plc. © Copyright 2022 Nation Media Group. All Rights Reserved. Provided by SyndiGate Media Inc. (

Africa Investment Forum partners sign partnership framework agreement at AfDB Group's 2025 annual meetings
Africa Investment Forum partners sign partnership framework agreement at AfDB Group's 2025 annual meetings

Zawya

time3 days ago

  • Zawya

Africa Investment Forum partners sign partnership framework agreement at AfDB Group's 2025 annual meetings

ABIDJAN, Ivory Coast/ -- On the sidelines of the African Development Bank Annual Meetings ( founding partners of the Africa Investment Forum signed a Partnership Framework Agreement, reinforcing their collective commitment to mobilize transformative investments across the African continent. The new framework creates a clearer partnership model that sets out the roles and benefits for the founding partners. It also opens the door for expansion to new partners, ensuring everyone benefits while increasing the Forum's overall impact. Launched in 2018, the Africa Investment Forum platform has solidified its standing as Africa's premier investment marketplace for global investors and has garnered nearly $225 billion in investment interest to date. Principals of the African Development Bank Group, Africa50, Africa Finance Corporation, Development Bank of Southern Africa (DBSA) and Arab Bank for Economic Development in Africa (BADEA) signed the agreement. The other partners are Trade and Development Bank, European Investment Bank, Islamic Development Bank and Afreximbank. Speaking at the signing ceremony, President of the African Development Bank Group and chairperson of the Africa Investment Forum, Dr. Akinwumi A. Adesina said: "This agreement is a testament to our shared vision: that Africa will not be developed by aid, but by investment. The AIF has changed perceptions and proven that Africa is indeed a bankable destination." Dr Fahad Abdullah Aldossari, Chairman of BADEA's Board of Directors said: 'The signing of the AIF Framework Agreement marks a remarkable milestone to ascertain both effectiveness and efficiency as well as financial sustainability for AIF 2.0 in a bid to advance more projects to bankability and crowd-in transformative investments to the continent.' Alain Ebobissé, CEO of Africa 50 said: 'This signature marks our renewed commitment to support the objectives of the Africa Investment Forum, launched under the visionary leadership of President Adesina. It is a much-needed deal-making platform that helps strengthen collaborations and leverage innovative models to unlock private capital to accelerate the delivery of bankable projects on the continent. It is critical for African Institutions to support it'. 'As a Founding Partner, we are proud to see this initiative formally take shape. Through AIF, we've proven what Africa can achieve when we collaborate — building the continent's first investment platform that truly mobilizes capital for bankable, high-impact projects,' said Samaila Zubairu, President and CEO of Africa Finance Corporation. "We have to continue leveraging the AIF as a platform for capital mobilisation in Africa, to bridge the infrastructure funding gap in the continent," said DBSA's CEO Boitumelo Mosako. The signing of the Partnership Framework Agreement takes place ahead of what is expected to be an expanded and impactful Market Days 2025, to be held from 26 to 28 November 2025 in Rabat, Morocco. Market Days, the centerpiece of the Africa Investment Forum platform, brings together investors, deal sponsors and heads of government to advance transformational African projects toward financial close. Distributed by APO Group on behalf of African Development Bank Group (AfDB). Media Contact: Hafsa Dia-Enoh Communication and External Relations Email: media@ SOURCE African Development Bank Group (AfDB)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store