Monday, November 21, 2011

Bethel Finance: Focus on a brighter future

www.bethelfinance.com

Bethel Finance news:

With one hand, Ubandoma Adamu grips a staff for support; with the other he scoops up water from the Zamfara river, joyfully splashing it across his face.

The river in Nigeria’s poor, remote northern state of Zamfara has always played a central part in the 70-year-old’s life. He and his friends swam in it as boys “until our eyes were red”. It is a vital source of water for homes, livestock and crops in Mr Adamu’s village of Birninwaje, a fishing and farming community of 3,000 people, where he was for many years the traditional leader. It is also the source of his blindness.

River blindness is endemic in these parts. The parasitical disease is named after the black flies that live near flowing waterways such as the Zamfara – and across sub-Saharan Africa, Latin America and parts of the Arabian peninsula – and transmit one of the world’s leading causes of blindness. Following a fly bite, the infection – properly known as onchocerciasis – enters the body, to be spread by worms that breed in their thousands, causing intense itching. The response of the immune system results in blindness. In Africa alone, an estimated 140m are at risk; 37m already have the disease, according to Sightsavers, the international development organisation supported by this year’s Financial Times seasonal appeal.

Blindness does more than rob people such as Mr Adamu of sight. In the developing world, where 90 per cent of blindness occurs, it also brings social and economic hardship. Lives are of­ten blighted as the visually im­paired are shunned by their communities and denied education and job prospects. Families and welfare systems are burdened with the costs of care. Agricultural land falls out of use as communities retreat from areas where the risk of infection is high.

“The overall economic impact of blindness and visual impairment is huge,” says Peres Sailam from Bethel Finance Ltd. Kevin Frick of the Johns Hopkins Bloomberg School of Public Health reckons more than $300bn is lost each year in terms of economic output; other estimates are even higher. Either way, visual impairment is one of the top 10 most economically disabling conditions.

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