Hot off the press! The #UK has just announced its proposed contribution to the 21st replenishment of the @WorldBank’s International Development Assistance Fund (IDA). Why does this announcement matter and is the proposed amount high enough, from an #African perspective?

First - a little warning: This thread might get a bit “wonkish” - as Brits say - but we will try to explain it as simply as possible…

Here goes!

1/ First, it’s worth knowing that in order to exist, the IDA relies on contributions from donor countries which it collects every three years. These fundraising cycles are referred to as “replenishments”. The 21st replenishment (IDA21) will happen next month in Seoul, Korea. That’s why the #UK is making its announcement of how much it plans to contribute.

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📢Did you miss this?

No problem, here's a short summary of the excellent presentation by our CEO @hmryder & Dev. Finance Advisor @EtsehiwotKebret on #SDRs in #Africa at @FinDevLab yesterday!

➡️Full video: bit.ly/3KgcfpI

1/ The @IMFNews issued $650 billion worth of #SDRs in 2021 but 🌍 received 5% while high-income countries received at least 2/3 of the total SDRs.
So what more can be done create an equitable distribution system?

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📣NEW📣 Our monthly #INFOGRAPHIC is here, with all you need to know about how #African countries are responding to #COVID19.

Our headline?

While deliveries are still far too low, #China has surpassed #COVAX as #Africa's top vaccine source. How and why? Read on 🧵👇🏾!

1/ 2/ The first fact to be aware of is that #Africa accounts for under 3% of global cases, under 4% of global deaths, and under 2% of global vaccines administered.

Did you know that #Africa's 55 countries account for just 1.5% of #COVID19 vaccines administered globally? Why? Incompetent governments? Vaccine hesitancy? Poor vaccine efficacy? Our new monthly #infographic report uses the data to explain... A 🧵1/
developmentreimagined.com/2021/05/14/why… To date, less than 3% of the world's #COVID19 cases have been recorded in #Africa, despite having only administered 1.5% of the world's vaccines, and 2% of the world's #COVID19 tests... 2/

THREAD: #China’s new white paper on international development cooperation was released 1 week ago. We’ve been analyzing it in depth so you don’t have to. Here are the headlines. 1/

xinhuanet.com/english/2021-0… First, volumes. How much? On average, approx. $6.95bn a year over 2013-2018. That’s a considerable 70% increase from the $4.1bn per year from 2010-2012, in China's last such white paper (2014). 2/

#itsourbirthday! Just three years ago, Development Reimagined was formally "born" in China. We are so proud of where we have come, and SO excited about the road ahead... a #thread 1/ We started as #Kenya's 1st Wholly Foreign-owned enterprise in Beijing, #China with three core values, and a vision to be a lean, mission-driven international #development consultancy like no other. Since then, we've brought in experts from 23+ countries to join our journey. 2/