Ethiopia

Patients living in poverty in the Global South are being bankrupted by private healthcare corporations backed by multi-million-dollar investments from development finance institutions (DFIs) run by the UK, French, German and other rich country governments. DFIs like the World Bank’s International Finance Corporation (IFC) and the European Investment Bank (EIB) invest public funds via the private sector to help foster economic development in the Global South and tackle poverty. However, Oxfam published two investigations on DFI funding into private hospital chains and other for-profit healthcare corporations operating in low- and middle-income countries and found cases of them.   

Reacting to the outcome of the International Humanitarian Conference for Sudan and its neighbours, held in Paris today, at which countries pledged a total of $2 billion – Oxfam in Africa Director Fati N’Zi Hassane said: “It is morally incomprehensible that Central African Republic, Chad, Ethiopia, and South Sudan – among the world's most fragile states –bear the brunt of Sudan’s conflict while the richest nations slack.   

Only 28 percent of the world’s most influential food and agriculture corporations report they are reducing their water withdrawals and just 23 percent say they are taking action to reduce water pollution. Oxfam’s new analysis of 350 corporations using World Benchmarking Alliance data comes ahead of World Water Day (March 22). 

Families still reeling from the aftermath of a two-year conflict in Tigray are now resorting to increasingly desperate measures to survive. The conflict and erratic rainfall throughout the north of the country has further exacerbated the planting season which threatens to plunge the region into deeper humanitarian catastrophe if nothing is done, warns Oxfam.

Six months after a historic five-season drought, massive floods have inundated vast swaths of farmland across Kenya, Ethiopia and Somalia, right in the middle of the harvest season. Over four million impacted people in dire need of humanitarian assistance, warned Oxfam today. 

As the second Global Refugee Forum (GRF) is about to take place in Geneva this week, the InterAgency Working Group for East and Central Africa (IAWG) urges world leaders to honour their commitment to support refugees and the countries hosting them, through increased, equitable responsibility-sharing.   

722 of the world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry. 

Oxfam is deeply disappointed by today’s donors’ dismally inadequate pledges to East Africa’s crisis; a protracted crisis which continues to be woefully underfunded.

As the international community gathers in New York this week for the Horn of Africa High Level Pledging Conference, we urge global donors to address the impact of the climate injustice taking place in the region by making the financial pledges required to fully fund the humanitarian response and help address immediate and long-term needs across Ethiopia, Kenya and Somalia, where millions of people are trapped in a devastating cycle of hunger and displacement.

In reaction to the GRFC 2023, Oxfam Global Food and Economic Security Lead, Emily Farr, said:  “For global hunger to rise for a fourth consecutive year in a world of plenty is a stain on our collective humanity. Decades of progress made to end poverty and hunger are being fast-reversed by conflict, economic shocks, and climate change.