Latest news with #PeaceFund

IOL News
6 days ago
- Politics
- IOL News
Peace Fund and the Quest for Peace and Security in Africa
In 1993, the Peace Fund has remained dormant due to African leaders' lack of commitment and political will to act on their resolution and financially support the AU. Image: Pixabay In June, thirty-two years ago, in its quest to ensure and implement African-led peace and security initiatives, the Organisation of African Unity (OAU), which preceded the African Union (AU), resolved to establish a Peace Fund. This was seen as a strategic and vital financial instrument for achieving home-grown peace and security in Africa. However, since its establishment in 1993, the Peace Fund has remained dormant due to African leaders' lack of commitment and political will to act on their resolution and financially support the AU. The fund was revitalised in 2016 and officially adopted by the AU in 2018 after 25 years of dormancy. The revitalisation happened after the African heads of state resolved in Kigali, the capital city of Rwanda, that Africa, more than ever before, needs financial autonomy and ownership of its peace and security initiatives to practically implement the fourth aspiration of the AU Agenda 2063 of building a peaceful and secure Africa through the critical step of silencing the guns by 2020. Unfortunately, this target has not been met to date. The resolution further indicated that the peace fund, as one of the pillars of the African Peace and Security Architecture (APSA), must encompass critical areas of stabilisation, including preventive diplomacy, mediation, institutional capacity building, and peace support operations (PSO), while also financing the preparedness of other APSA structures. The AU urges its member states, individuals, and the private sector to contribute to the peace fund. Following the restructuring and adoption of the funding model for the peace fund, the secretariat launched an intensive and extensive resource mobilisation strategy aimed at raising at least US$400 million by 2021. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading This target was only achieved in June 2025. However, research by the Institute for Security Studies (ISS) reveals that before 2024, of the US$392 million mobilised for the peace fund, AU member states contributed 98% of the budget, while US$6 million (2%) came from individuals and the private sector. Towards the end of 2024, however, contributions from member states decreased by 34%, while private donations rose from 2% to 36%. Despite all these interventions and resource mobilisation efforts, Max Boqwana (October 2024) argues that Africa still accounts for 70% of global conflicts. And, almost eight years after revitalising the peace fund, the Thabo Mbeki Foundation convened the inaugural African Peace and Security Dialogue from 4 to 6 October 2024. The dialogue critically analysed, discussed, and provided insights into the root causes of prolonged violent conflict in Africa, focusing particularly on two regions: West Africa and the Horn of Africa. Many panellists and participants expressed concerns about the lack of strong leadership and political will to mobilise domestic resources for financing peace and security initiatives. Some argue that Africa is home to the most critical minerals, which should be harnessed and utilised for the continent's development. The ongoing protracted violent conflict and civil wars in Africa necessitate a thorough analysis of the effectiveness of the peace fund, more so since there is a narrative that the financial contribution of the member states towards the fund continues to face a spiral decline. It is essential to highlight that over two weeks ago, the Mo Ibrahim Foundation held its annual governance symposium in Marrakech, Morocco, where Ibrahim raised a serious concern regarding the fact that 70% of the AU's annual budget comes from Europeans under the pretext of 'development partners'. Africa's dependency syndrome continues to undermine its agenda of achieving socio-economic and political self-reliance in pursuing development and home-grown peace and security initiatives. At the next summit in February 2026, I still contend that the AU needs to discuss and develop a criterion for selecting the so-called 'development partners', as even parasitic partners are masquerading as genuine partners of Africa. It can be posited that if this partnership and resource mobilisation issue is not effectively addressed, it will continue to obfuscate and derail the intended purpose of the peace fund. Asuquo (2025) argues that one of the reasons African States fail to fund the AU's peace fund sufficiently is 'a (created) culture of external mediation: Post-independence, African nations have routinely turned to external actors like the UN, World Bank, and Western powers for arbitration and funding, setting a precedent that weakens pan-African accountability'. It is time for the AU to develop its African-led conflict resolution, mediation and peacebuilding. Critically, the Democratic Republic of Congo and Rwanda have been locked in a prolonged diplomatic crisis, leading Kinshasa (DRC) to seek sanctions from France against Kigali (Rwanda). This shows that some African leaders still perceive European nations as having the most effective solutions to African problems; this belief persists despite the AU Peace and Security Council (PSC) attempting to de-escalate tensions in the Eastern DRC. However, the reality is that there was inadequate coordination among mediators, compounded by insufficient financial support. Evidence shows that only US$5 million was allocated from the peace fund for the conflict in Eastern DRC. The budget proved inadequate to the point that the PSC utilised its annual council-to-council meeting with the European Union to request additional funding for mediation. The AU has also urged its member states to contribute their dues to the peace fund. A crucial question must be addressed: who and how has the peace fund been financially managed since its revitalisation? For instance, two weeks ago, the AU advertised positions for an independent fund manager and the hiring of a custodian bank for the AU peace fund. It is concerning that the post-criteria are not clearly stated within the context of the peace fund's objectives, which may further undermine the AU's financial autonomy and ownership of its peace and security architecture. Regarding the conflict between Kinshasa and Kigali, it is evident that there has been no adequate preventative diplomacy, PSO, and well-coordinated mediation, as these essential interventions fall within the mandate of the peace fund as stated in Article 21 of the PSC protocol. In South Sudan, Africa's newest state, which has experienced violent conflict since it seceded from northern Sudan in 2011, effective interventions through the peace fund have yet to be effectively implemented. As a result, South Sudanese established a non-governmental organisation (NGO) called the Peace Canal in 2019 and adopted a fundraising strategy, 'Peace Opportunity Fund,' to finance locally led peacebuilding initiatives in South Sudan. Seventeen advisors from four major ethnic groups lead the NGO; unfortunately, this initiative has attracted donors from beyond the continent, and some have undermined the noble intention of inclusive peacebuilding, particularly the integration of indigenous peacebuilding methods and strategies into the broader post-conflict reconstruction and development. This is a great initiative that AU was supposed to effectively support through the peace fund in a quest to realise its strategic objective of African-led peace and security initiatives. On the other hand, two weeks ago, Naomi Kilungu, an armed conflict expert in Africa, predicted that 'Africa will have spent over US$ 300 billion by the end of this year (2025) on armed conflicts'. However, because AU has only managed to secure US$400 million for the peace fund, there will be a shortfall of at least US$ 299.6 billion. If the shortfall cannot be mobilised domestically, the so-called 'development partners' would take over and continue their nefarious agenda in Africa. Indeed, Africa needs the emergence of Pan-African thought leaders who will act locally and think globally with unflinching love for the people of this continent. Leaders who will genuinely end parasitic partnerships and colonialism in its forms and content. Orapeleng Matshediso is a Masters graduate of Pan African Development Studies and Research Associate at the University of Johannesburg (Institute for Pan African Thought and Conversation). The author is also an alumnus of the then Thabo Mbeki African Leadership Institute (TMALI). Orapeleng Matshediso is a Masters graduate of Pan African Development Studies and Research Associate at the University of Johannesburg (Institute for Pan African Thought and Conversation). Image: Supplied.
Yahoo
09-05-2025
- Business
- Yahoo
EU to provide Ukraine with over 1 million shells over 2025, allocate over $2 billion for military aid from Russian frozen assets
The European Union has pledged to supply over 1.35 million rounds in 2025 and plans to allocate nearly 1.9 billion euro ($2.1 billion) from Russian frozen assets in military support for Ukraine, Ukrainian officials announced on May 9. The news comes as delegations from 35 countries and the Council of Europe gathered in Lviv to discuss the establishment of a special tribunal against the Russian leadership and new defense aid for Ukraine. Ukrainian foreign minister Andrii Sybiha thanked the EU's top diplomat, Kaja Kallas, and EU allies for the initiative to provide 2 million artillery rounds for Ukraine. According to Sybiha, by the end of 2025, European partners must send Ukraine at least 1.35 million shells, while work to increase this number is ongoing. The minister also highlighted the new EU instruments for the long-term development of the European defense sector and the accelerated integration of the Ukrainian and European defense industries. "This will strengthen European defense with our unique technologies and strengthen our defenders on the battlefield," Sybiha said. Following the event in Lviv, Prime Minister Denys Shmyhal said that the EU has announced its intention to allocate almost 1.9 billion euro ($2.1 billion) for military support to Ukraine. "This is a historic decision, as weapons for Ukraine will be purchased at the expense of the proceeds from frozen Russian assets through the European Peace Fund," Shmyhal said. One billion euros ($1.1 billion) of this sum will be used to purchase weapons according to the Danish model, that is, directly from Ukrainian manufacturers, by Italy, Denmark, France, and the Netherlands, Shmyhal added. Another 600 million euros ($676 million) will be spent on artillery and ammunition, while more than 200 million euros ($226 million) will be spent on strengthening Ukraine's air defense, according to Shmyhal. Speaking at the same event, French foreign minister Jean-Noël Barrot announced that Paris will allocate profits from frozen Russian assets to the maintenance of CEASAR 155mm howitzers, of which Ukraine has received dozens since 2022. Since the beginning of the full-scale invasion, Europe has allocated 138 billion euros ($157 billion), 23 billion euros ($26 billion) more than the U.S., according to an April 15 report by the Kiel Institute for the World Economy's Ukraine Aid Tracker. The U.S. still holds an edge in terms of military aid — its 65 billion euros ($74 billion) total leads Europe by 1 billion euros ($1.1 billion) — but the gap is narrowing, as Washington has not allocated a new aid package since Jan. 9, still under the Biden administration. Read also: 'The front is noisy' — for Ukraine's soldiers, Russia's Victory Day 'ceasefire' is yet another sham We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.