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Masiyiwa leading crowd funding for Zimbabwe

Strive Masiyiwa with former British PM Tony Blair (file photo)

Zimbabwe will receive funding support to buy medical equipment to fight Covid-19 from Afreximbank as part of the African Union’s initiative to help its members combat the pandemic, businessman Strive Masiyiwa has said.

Masiyiwa, the AU special envoy in charge of Coordinating the Africa Private Sector initiative for the Procurement of Personal Protective equipment and other essential Supplies, said Zimbabwe had not been left behind in the initiative.

“The good news is that (last) week Zimbabwe health officials held meetings with AMSP and Afreximbank officials,” Masiyiwa revealed in his latest update.

“They were informed that they could buy all the supplies they need from the platform and Afreximbank will pay.

“We immediately received their lists.

“Next week i will be talking to Sudan. “we will not leave any country behind that does not want to be left behind. Our mission is to the people and not to governments, but we have to work with the government that is there.”

The Econet founder said many African countries had received money from what is known as the “Debt Standstill”, while others have had “emergency relief ” extended to them by multilateral financial institutions.

The total amount released to date is now in excess of $33 billion.

“Getting this money is the work of my fellow envoys who include Dr Ngozi Okonjo-iweala, Dr Donald Kaberuka, Mr Trevor manuel and Mr Tidjane Thiam. we work together everyday,” Masiyiwa said.

“They have done a fantastic job and are working to get that money to reach $100 billion so that it can also reach small businesses.

“I’m confident they will succeed because these guys are world-class smart. “i have been pressing that countries use 15% of this money to buy medical supplies and fix hospitals (that is $4,5 billion).

“So this explains why i’m comfortable that they can actually buy the supplies they need.”

He said Zimbabwe and Sudan cannot access international facilities because the two countries were under sanctions.

“Global Fund and GaVi (the vaccine alliance) have so far availed over $50 million to Zimbabwe,” Masiyiwa added.

“In addition, Zimbabwe has received over $200 million from Afreximbank.”

The telecoms mogul has also through his companies and the Higher Life Foundation aided Zimbabwe’s response to the pandemic through donations and initiatives to help frontline health workers.


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