UAE President performs Eid Al Adha prayers in Abu Dhabi
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Zawya
29 minutes ago
- Zawya
UAE, Senegal strengthen partnership on water investment in Africa
Today at the Africa Water Investment Summit, the United Arab Emirates and the Republic of Senegal, as co-hosts of the 2026 UN Water Conference, in partnership with AUDA-NEPAD, Children Investment Fund Foundation (CIFF), Global Water Partnership (GWP) and the Global Climate Finance Centre (GCFC), co-hosted the high-level session 'Financing Africa's Water Future: Catalysing Investment and Partnerships on the Road to the 2026 UN Water Conference'. From 13th to15th August, Heads of State, ministers, development finance institutions, private investors, project developers and civil society representatives convened in Cape Town to tackle the US$6.7 trillion investment gap to 2030 and the US$22.6 trillion gap to 2050 for climate-resilient water infrastructure globally. Africa mobilises just $10–19 billion annually against its $30 billion target for water infrastructure, an opportunity for innovative financing models and public–private–philanthropic partnerships to bridge the gap. Against this backdrop, and within the context of its G20 Presidency, South Africa hosted the AU-AIP Africa Water Investment Summit to mobilise climate-resilient water and sanitation investments that advance water security, economic growth, and sustainable development across the continent. The summit represents a key milestone on the road to the 2026 UN Water Conference, following last months adoption of its six interactive dialogue themes, by consensus. The themes place a particular emphasis on 'Investments for water: Financing, technology and innovation, and capacity building', positioning the Summit in Cape Town as a critical input to the preparatory process. The session started by the co-hosts highlighting the political will needed to accelerate water investments in Africa and globally. Abdulla Balalaa, UAE Assistant Minister of Foreign Affairs for Energy and Sustainability, said, 'With all 193 Member States having just agreed last month, by consensus, on the themes for the 2026 UN Water Conference, the AU-AIP Africa Water Investment Summit comes at exactly the right moment. It is a vital platform to advance one of those priorities — 'Investments for Water' — by driving the financing, innovation, and partnerships needed to deliver results for Africa and the world.' Setting the stage for Africa's future prosperity, AUDA-NEPAD's leader underscored water's foundational role. 'Affordable and reliable water access is the foundation upon which Africa's prosperity will be built,' said Nardos Bekele-Thomas, CEO of AUDA-NEPAD. 'At AUDA-NEPAD, we see every investment in water as an investment in health, stability, and economic growth. We continue building strong partnerships and unlocking innovative finance, to turn Africa's vast demand and potential into tangible solutions that safeguard communities today and create sustainable futures for generations to come,' he added. Participants then turned to four core themes, exploring concrete solutions: • Showcasing scalable financing models such as blended finance, concessional loans and guarantees tailored for water infrastructure. • Identifying policy, regulatory and technical barriers hindering private investment and exploring solutions to de-risk projects. • Improving bankability and pipeline readiness through standardised metrics, data transparency and aggregation platforms. • Shaping the 'Investments for Water' theme for the 2026 UN Water Conference interactive dialogue on financing, technology and capacity-building. Turning to the design of financing mechanisms, CIFF emphasised partnership with governments. 'To close the water financing gap in Africa, it is essential that we design investment mechanisms alongside African governments,' said Richard Matikanya, Deputy Executive Director of CIFF Africa. He added, 'When national priorities shape the agenda from the outset, capital flows to the projects with the greatest need and the strongest local support. This is how we ensure lasting impact.' Finally, Mercedes Vela Monserrate, CEO of GCFC, looked ahead to the 2026 UN Water Conference, saying, 'GCFC is honoured to be supporting on the water finance track for the 2026 UN Water Conference.' 'In the lead-up to the Conference, we will translate today's dialogue into actionable steps that mobilise private and philanthropic capital and deliver water solutions across Africa and other emerging markets,' he noted. As part of their inclusive, transparent, and extensive consultation process, the UAE and Senegal also used this plenary session to gather stakeholder perspectives on tangible recommendations and deliverables to accelerate water investments in Africa, with the aim of showcasing these at the 2026 UN Water Conference.
Khaleej Times
2 hours ago
- Khaleej Times
UAE leaders send congratulatory messages to India, Congo on Independence Day
UAE President Sheikh Mohamed bin Zayed Al Nahyan has sent congratulatory messages to President Droupadi Murmu of the Republic of India and to President Denis Sassou Nguesso of the Republic of Congo on their countries' respective Independence Days. The UAE President also sent a congratulatory message to President Lee Jae Myung of the Republic of Korea on his country's Liberation Day, and to Prince Hans-Adam II of Liechtenstein on the occasion of his country's National Day. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, dispatched similar congratulatory messages to President Murmu, President Nguesso, President Lee and Prince Hans-Adam II. Sheikh Mohammed bin Rashid and Sheikh Mansour bin Zayed also sent similar messages to Narendra Modi, Prime Minister of India; Anatole Collinet Makosso, Prime Minister of Congo; Kim Min-seok, Prime Minister of Korea; and Brigitte Haas, Prime Minister of Liechtenstein, on the occasion.
Dubai Eye
3 hours ago
- Dubai Eye
UAE air drops more aid to Gaza
The UAE has carried out its 71st air drop of aid under "Birds of Goodness" operation on Thursday, continuing its humanitarian support for Palestinians in Gaza. The shipment included essential food supplies with support from UAE-based charities to help meet the needs of residents amid the difficult humanitarian conditions in the Strip. The total amount of aid delivered by air under the operation since its launch on February 29, 2024, has exceeded 3,956 tonnes of food and essential aid, highlighting the UAE's commitment to support Palestinians. The airdrops are conducted under Operation Chivalrous Knight 3, with joint efforts from Jordan, Germany, Italy, Belgium and France.
