Tuesday, November 21, 2017

DT 8 / 2011

Ethiopia’s hydro ambitions leave Norwegian aid project in shambles

Prime Minister Meles Zenawi of Ethiopia surprised the world in late March when he launched an enormous new hydropower project, the Renaissance Dam. Norway, which had been financing studies of two dams upstream on the Blue Nile, was caught off guard. One of the projects will be flooded by the Renaissance Dam.

GAVI funds big pharma while Indian drug firm could produce for less

Donors recently committed USD 4.3 billion in new support to GAVI; a third of this will finance the purchase of pneumococcal vaccine. While critics say that GAVI is paying too much for pneumo vaccine, the head of the Indian firm Serum Institute says he will have a pneumonia vaccine on the market by 2015 at a fraction of what GAVI is currently paying big pharma.

Heidi Hautala named new Finnish aid minister

Finland’s new government is finally taking shape after two months of political horse-trading following the parliamentary elections April 17. The new government has agreed on a preliminary programme, and Heidi Hautala (Greens) takes over the aid portfolio.

Donors continue to hold back support from Global Fund

Several donors to the Global Fund continue to hold back their contributions for this year. Some have yet to make pledges; others have frozen disbursements pending the outcomes of two on-going reviews of corruption. The result is that amounts pledged so far for 2011 are USD 645 million short of last year’s total.