Eight countries unite to eradicate Guinea worm disease by 2030


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Eight countries have pledged to devote all resources needed to eradicate Guinea worm disease by 2030.

Officials from Chad, Ethiopia, South Sudan, Angola, Sudan, the Democratic Republic of the Congo, and Cameroon agreed to fight the disease and endorsed the Abu Dhabi Declaration on the Eradication of Guinea Worm Disease in the UAE capital on Wednesday.

These countries participated in the 2022 Guinea Worm Summit, held from March 20 to March 22.

The three-day event was co-hosted by The Carter Centre and Reaching the Last Mile, which consists of several global health programmes working to eliminate the disease.

The final part of any eradication campaign is the most difficult and expensive, and significant resources are being devoted to eradicating Guinea worm disease
Adam J. Weiss of The Carter Center

For more than 30 years, The Carter Centre, founded by former US president Jimmy Carter, has been on a mission to wipe out this ancient disease. If progress continues, it is poised to become the second human disease in history to be eradicated – smallpox was the first.

Several dignitaries from formerly endemic countries and partner countries offered support to the nations where the disease remains. Donor countries and organisations also renewed their pledges to support the campaign.

The aim of the summit was to secure recommitments from the final Guinea worm-endemic countries (Angola, Chad, Ethiopia, Mali, South Sudan) and pre-certification countries (Congo and Sudan), as well as Cameroon, a country affected by cross-border infection.

In 1986, when The Carter Centre started the eradication campaign, there were nearly 3.5 million cases in 21 countries.

But in 2021, just 15 human cases of Guinea worm disease were reported in four countries.

“Thanks to the commitment of The Carter Centre and partners around the world, we have made incredible progress towards ending Guinea worm disease – but the work is not over," said Sheikh Shakhbut bin Nahyan, UAE Minister of State.

"This week we were honored to convene global champions of the eradication effort in Abu Dhabi to renew our shared commitment towards reaching that last mile of disease eradication.

“It is a privilege to continue the legacy of the founder of our nation, late Sheikh Zayed, who believed no one should suffer from a preventable disease. Reaching the last mile of Guinea worm disease cannot come soon enough.”

In July 1990, the late Sheikh Zayed invited former US president Jimmy Carter to the UAE for the first time.

During the meeting, Mr Carter described his initiative to wipe out a parasitic disease affecting millions of people across Africa and Asia.

The late Sheikh Zayed responded with a substantial personal donation to The Carter Centre, and since then Abu Dhabi has remained committed to eradicating the disease.

“We observed a dramatic reduction in both human cases and animal infections last year, and I want to help our country partners continue this progress,” said Adam J. Weiss, director of the Guinea Worm Eradication Programme at The Carter Centre.

Sheikh Shakhbut bin Nahyan, UAE Minister of State, says incredible progress has been made to eradicate Guinea worm disease but the work is not over. Photo: Supplied
Sheikh Shakhbut bin Nahyan, UAE Minister of State, says incredible progress has been made to eradicate Guinea worm disease but the work is not over. Photo: Supplied

“The final part of any eradication campaign is the most difficult and expensive, and significant resources are being devoted to eradicating Guinea worm disease. We need to be aggressive to achieve eradication, and this recommitment comes at just the right time.”

Dr Tedros Adhanom Ghebreyesus, director general of the World Health Organisation, said: “We are more than 99 per cent of the way towards consigning Guinea worm to history, but the last mile is the hardest, and the gains we have made can be easily lost.

"Our goal is tantalizingly close, but we need relentless political commitment, fidelity to science, more village volunteers, and sustained financial resources to finish the job and ensure future generations live free of this terrible disease.”

Jason Carter, chairman of The Carter Centre Board of Trustees and grandson of the Centre’s founders, said his grandfather and late Shiekh Zayed were good friends and they formed an important alliance to fight the disease.

"That rich partnership has endured through three generations, and I believe it will go on even after Guinea worm disease is eradicated," he said.

What is Guinea worm disease?

The parasitic infection is caused by a worm called Dracunculus medinensis. It measures about a metre in length when fully grown.

People become infected when they drink water contaminated with tiny water fleas that carry Guinea worm larvae.

Human beings and animals can also contract the disease by eating raw fish that temporarily harbour the larvae.

While there is no medicine to cure Guinea worm nor a vaccine to prevent it, disease transmission has been drastically reduced through community-based interventions and awareness campaigns focusing on behavioural changes.

The disease incapacitates people for extended periods of time, making them unable to care for themselves, work, grow food for their families, or attend school.

Tackling Guinea worm disease - in pictures

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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Fixtures

Tuesday - 5.15pm: Team Lebanon v Alger Corsaires; 8.30pm: Abu Dhabi Storms v Pharaohs

Wednesday - 5.15pm: Pharaohs v Carthage Eagles; 8.30pm: Alger Corsaires v Abu Dhabi Storms

Thursday - 4.30pm: Team Lebanon v Pharaohs; 7.30pm: Abu Dhabi Storms v Carthage Eagles

Friday - 4.30pm: Pharaohs v Alger Corsaires; 7.30pm: Carthage Eagles v Team Lebanon

Saturday - 4.30pm: Carthage Eagles v Alger Corsaires; 7.30pm: Abu Dhabi Storms v Team Lebanon

MATCH INFO

Euro 2020 qualifier

Fixture: Liechtenstein v Italy, Tuesday, 10.45pm (UAE)

TV: Match is shown on BeIN Sports

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: March 23, 2022, 3:51 PM