Featured Finance

Global charity partners with African bank to tackle disasters

By Elizabeth ADENUGA

The International Federation of Red Cross and Red Crescent Societies (IFRC) said on Monday it had inked an agreement with Pan African Financial Institution Ecobank to empower communities to cope with disasters more efficiently.

Fatoumata Nafo-Traore, IFRC’s regional director for Africa, said there was need to address the underlying causes of this vulnerability, including lack of funding to equip communities with required systems and skills.

“Many innocent lives continue to be lost in Africa simply as a result of insufficient investment in disaster preparedness.

“Many of the natural hazards that take place do not need to become major disasters when a population is prepared and able to respond adequately,” Nafo-Traore said in a statement issued in Nairobi.

She said the charity would work with the Ecobank Academy, a pan-African corporate university based in Togo in training of IFRC’s staff members, who will participate in a number of customised programmes to enhance their management skills.

Under the agreement Ecobank employees will also be given the opportunity to attend First Aid training sessions, enabling them to save lives during every day emergencies and disasters.

According to IFRC, the growing gap between funds needed by humanitarian groups and funds available to them is a major cause of communities’ vulnerability to disasters.

“It is on this account that Ecobank is partnering with National Red Cross and Red Crescent Societies in Africa to secure resources for their local first aid volunteers,” said the charity.

It said the first project is already being rolled out in Ghana where Ecobank is launching a digital public fundraising campaign.

“A unique QR code (a type of bar code used to access information through your mobile phone) has been created and displayed in branches, making donating easy and immediate,” IFRC said.

Related posts

FG steps up youth, voter education to check electoral violence, manipulation — Lai Mohammed

Editor

FG, Lagos to address infrastructural decline in Festac Town

Meletus EZE 

Nwoboshi’s alleged N322m laundering: Court to decide witness’ evidence March 19

Editor

FG vows to recover N37bn debts owed by Bi-Courtney, others

Shile GIWA

Suspended Accountant-General released from EFCC custody

Our Reporter

Electricity consumers ready to pay for metres to end exploitation, Group tells NERC

Editor