Tag: Africa

  • U.S. Africa Command Strike Kills Three al-Shabaab in Somalia

    U.S. Africa Command Strike Kills Three al-Shabaab in Somalia

    In coordination with the Federal Government of Somalia, U.S. Africa Command (AfriCom) conducted two airstrikes in Somalia on Jan. 1, 2021.

    According to a statement by AfriCom, both strikes targeted al-Shabaab compounds in the vicinity of Qunyo Barrow, Somalia. Current assessments indicate the strikes killed three and wounded one al-Shabaab members and destroyed six and damaged one al-Shabaab compound buildings.

    The command’s initial assessment is that no civilians were injured or killed as a result of this operation. We take significant measures to comply with the principles of the Law of Armed Conflict during the course of our operations while we continue to disrupt and apply pressure to the al-Shabaab terrorist network.

    “This action clearly demonstrates our continuing commitment to Somalia and our regional partners,” said U.S. Army Maj. Gen. Joel Tyler, director of operations for U.S. Africa Command. “We retain the means and the will to strike the al-Shabaab terrorist network when necessary to protect the region and ultimately, our own nation.”

    U.S. Africa Command and its international partners recognize the importance of stability in Somalia. Violent extremist organizations like al-Shabaab present long-term threats to U.S. and regional security interests.

    “Al-Shabaab remains a threat to Somalia’s future and U.S. interests, and we will continue to disrupt their efforts to terrorize innocents,” said U.S. Air Force Maj. Gen. Dagvin Anderson, Joint Task Force-Quartz commander. “Our strikes help keep these terrorists off balance to help our partners then address deeper problems such as governance and development.”

    U.S. Africa Command remains committed to working with East African countries to help provide political, economic, and physical stability in the region and to work with international and African partners to achieve long-term security goals in Somalia for the Federal Government of Somalia and its Member States.

    See video of the mission strike posted at: https://go.usa.gov/xA9ZV

  • African Leaders Condole Over Death of Ex-Ghanaian President, Jerry Rawlings

    African Leaders Condole Over Death of Ex-Ghanaian President, Jerry Rawlings

    President Muhammadu Buhari and his Kenyan counterpart, Uhuru Kenyatta, have joined Ghanaian President, Nana Akufo-Addo, in mourning the passing of the former president, Jerry Rawlings, who died at the age of 73.

    Rawlings was confirmed dead on Thursday at Korle Bu Teaching Hospital, two weeks after he buried his mother, Victoria Agbotui, in October. His mother had died at the age of 101.

    Announcing the passing of Rawlings, Akufo-Addo directed that all national flags for the next seven days must fly at half-mast in all parts of the country.

    Ex-Ghanaian President Jerry Rawllings bids the world goodbye at age 73 on Thursday November 12, 2020.

    The Ghanaian leader said the seven days of national mourning from November 13 to 20, is in honour of the first president of the Fourth Republic. Akufo-Addo added that the Vice President, Mahamadu Bawumia and himself had suspended their presidential campaign activities.

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    He added that the government would be working closely with the family of the former president on a befitting state burial.

    In his heartfelt condolence message sent to government and people of Ghana over passing of the country’s former president, Buhari affirmed that the entire African continent would sorely miss the sterling qualities of the great leader.

    The Nigerian leader shared his belief in the “passion, discipline and moral strength that the former Ghanaian leader employed to reposition his country over many years continue to reverberate across the continent and beyond.”

    Buhari noted, with commendation, “the unique role the former president “played in strengthening political institutions in his country and Africa, stimulating the economy for sustainable growth, and vociferously championing the African cause by urging many leaders to work towards interdependency on the global stage, especially in areas of competitive advantage.”

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    He joined family, friends and associates of the former Ghanaian leader in mourning his departure, assuring that the ideas that Rawlings postulated, particularly for development in Africa, and his sacrifices in working in various countries as an envoy for peace and democracy would always be remembered.

    Buhari prayed God to grant the Ghanaian leader eternal rest, and comfort all his loved ones.

    Kenyatta has also mourned former Ghanaian President, describing him as “a true Pan-Africanist who firmly believed and cared for the interests of the citizens of this continent.”

    He said Rawlings “is credited for his efforts of restoring political stability in Ghana after a series of coups in the 1960s and 1970s.”

    In his message of encouragement to Akufo-Addo, the government and the Rawlings family, Kenyatta said Africa has lost “an icon and a great statesman whose contribution to peace and prosperity of the continent will be remembered for generations to come.”

    According to him, “On behalf of the government and people of the Republic of Kenya, and on my own behalf, I wish to express my sincere and profound sympathy to the government and people of Ghana and the Rawlings family for the death of this great son of Africa.

    “We will forever be grateful for his efforts to open the eyes of Africans especially on the management of their resources to develop their own countries. His leadership style transformed the minds of many people of this continent to see their possibilities in achieving the best with what they have.”

    He added that the “servant leadership” of Rawlings ensured that Ghana steered back to its foundations of a free, fair and just society.

    Kenyatta prayed God to comfort the Rawlings family and the people of Ghana at this time of mourning.

    Former Vice President Atiku Abubakar has also mourned the passing of Rawlings.

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    In his condolence message, Atiku said: “Jerry Rawlings was an African giant. His tenure as leader of Ghana remains emblematic with the restoration of that country. Even after office, he stood tall for African unity and renaissance.

    “He represented a generation of leaders who gave their all for the rebirth of his country and Africa at large.

    “I pray for a pleasant repose of his soul and console with the people of Ghana; his contemporaries and current leaders in Africa on the loss of a worthy patriot.”

    Commiserating with the government and people of Ghana over the death of former the president, Peoples Democratic Party (PDP) said it received the news of Jerry Rawlings’ death with rude shock and immense sadness given the roles he was playing to ensure the unity, stability and development of the African sub-region and the continent at large.

    “Former President Rawlings was a courageous patriot whose policies repositioned his country to attain greater heights in critical sectors of her national life.

    “Indeed, Jerry John Rawlings was loved not only by Ghanaians but also by Nigerians, and indeed by Africa and the global world, for his candor, patriotism and quest for development, equity and fairness.

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    “Our party commiserates with the President of Ghana, His Excellency, Nana Akufo Addo, the widow of Jerry Rawlings, Nana Konadu Agyeman Rawlings, the Rawlings family as well as the people of Ghana and prays God to grant fortitude to the bereaved and eternal rest to the departed leader,” PDP said.

    Rawlings came to power in Ghana as a Flight Lieutenant of Ghana Air Force following a coup d’état in 1979. In 1992, Rawlings resigned from the military and founded the National Democratic Congress (NDC), and became the first President of the Fourth Republic.

    Idowu Sowunmi

  • Continental Chamber Releases African Energy Outlook 2021

    Continental Chamber Releases African Energy Outlook 2021

    African Energy Chamber has released its Energy Outlook for 2021, assessing Africa’s competitiveness compared with other frontiers, while highlighting the countless opportunities that continue to emerge and exist across the entire energy value chain.

    The report explored the forces shaping up continent’s energy market after the historic shocks of 2020, and analysed the upcoming recovery on the back of the global energy transition and persisting market uncertainties.

    After a year of historic crisis, the outlook offered guidance and solutions for African energy stakeholders to navigate troubled waters and support a strong recovery in 2021 and beyond.

    The report provided detailed information in areas of critical importance, and included sections examining jobs and employment, cash-flow and profit forecasts, the expenditure and investment outlook, carbon emissions, oil and gas market projections, and regional production outlook.

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    Pressing issues including notably the Organisation of Petroleum Exporting Countries (OPEC)’s production cuts, ongoing regulatory reforms, the impact of the Coronavirus (COVID-19) by region and country, and offshore drilling demand across multiple continental shelves are analysed in detail.

    ‘’It goes without saying that Africa has witnessed its fair share of difficult times this year.

    “Even though oil and gas activities have taken a hit, optimism surrounding African projects, fiscal regime and investments still exist but requires all of us as stakeholders to do more.

    “There has always been opportunity in drastic and unprecedented times, which gives us a lot to look forward to,” said the Executive Chairman of the African Energy Chamber, Nj Ayuk.

    The outlook was the result of strong regional and international cooperation between actors of government, and public and private sector stakeholders across sub-Saharan Africa.

    It gathered the latest available data on sub-Saharan Africa’s hydrocarbons markets, and benefits from the insights of key local, regional and international companies, experts and economists, making it the most comprehensive resource to date on the future of African energy markets.

    ‘’The report highlights the expected outcome of post COVID-19 mitigation strategies to the African energy sector in 2021 and beyond.

    “It also assesses Africa’s competitiveness compared with other frontiers, and highlights the countless opportunities that continue to emerge and exist across our entire energy value chain.

    “We look forward to this report serving as a basis for sound decisions towards a thriving energy industry in Africa,’’ said Senior Vice President at the African Energy Chamber, Verner Ayukegba.

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    African Energy Chamber issued rallying call to all industry stakeholders to work together on a reform agenda to keep African natural resources competitive and create jobs; short-term outlook for African oil and gas remains marked by COVID-19 and uncertain market conditions expected to result in a $30 billion cut in Capex spending (2020-2021); South Western Africa expected to emerge as the next energy frontier on the continent on the back of high-impact wells coming up in 2021 and 2022; the continent’s production of oil and gas is expected to increase in 2021 as OPEC’s sanctions ease and on the back of increase oil output from Libya and increased gas production from Algeria and Egypt.

    The pandemic notably came at a particularly difficult moment in Africa, exacerbating already challenging market conditions on the back of a competitive American shale industry, the delaying of major projects due to regulatory uncertainty, and increasing global attention to decarbonisation.

    African Energy Chamber notably expected a CAPEX spending cut of $30 billion over the 2020-2021 period, and has identified a further $80 billion of investment whose sanctioning would depend on improving market conditions, along with bold policy and fiscal reforms from African regulators.

    Idowu Sowunmi

  • Climate Change Financing: AfDB Appoints 80 Experts towards Accessing $10bn Green Climate Fund

    Climate Change Financing: AfDB Appoints 80 Experts towards Accessing $10bn Green Climate Fund

    African Development Bank has designated representatives from 80 government institutions, civil society organisations and universities for training as experts in developing climate financing proposals.

    Following a thorough independent selection process, 80 participants were chosen, with approximately 40 from English-speaking countries and 40 from French and Portuguese-speaking countries.

    The trainees would pass on their knowledge to potential beneficiaries of the Green Climate Fund, a $10 billion endowment set up in 2010 to help countries implement their climate agenda through loans, equity, guarantees and grants.

    The 120-hour training programme would be managed by Climate Change and Green Growth Department of African Development Bank, with funding from Korea-Africa Economic Cooperation Trust Fund.

    The scheme is being built on ongoing work by African Development Bank, Green Climate Fund and other partners to support the bank’s regional member countries to directly access Green Climate Fund resources.

    “The Green Climate Fund is expected to be a major source of climate finance for the African continent. Accessing finance from the Fund is challenging because of the complexities of designing climate change projects to fulfill the funding criteria.

    “This training will boost capacity amongst African nationally determined authorities, governments and consultants by training trainers to run future training courses,” said Manager of the Environment and Climate Finance Division in the Department of Climate Change and Green Growth at African Development Bank, Gareth Phillips.

    The Coronavirus (COVID-19) pandemic has made the training to be shifted from in-person to online. This has the advantages of making it less costly to run and more carbon efficient.

    The project’s theory of change is based on three main components, which complement ongoing work by the bank to enhance the capacities of several African countries to access Green Climate Fund resources through small grants from the Africa Climate Change Fund.

    These components include: developing training materials and an online platform to support direct access to the Green Climate Fund, training a pool of experts and certifying them to support African governments and institutions, and facilitating south-south learning.

    Idowu Sowunmi

  • Health Journalism: How the Reporting of Covid-19 Has Transformed the Jobs of African Journalists

    Health Journalism: How the Reporting of Covid-19 Has Transformed the Jobs of African Journalists

    By Wole Elegbede

    Health journalists in Africa have been given fecund avenue to discuss the impact of Covid-19 on their works at the 16th edition of the African Investigative Journalism Conference (AIJC2020) hosted by the Journalism Programme of the University of Witwatersrand, Johannesburg, South Africa.

    This year’s conference (October 6-30) holds virtually for the first time because of coronavirus concerns, and boasts of being the African continent’s biggest gathering of journalists. The conference deals with varied topics where the journalists shared experiences and learn new skills, techniques and tools to enhance their work.

    On 13th October 2020, there was a session on the topic “Journalism in the time of Covid” which dwelt on those issues and provided solutions on how journalists can navigate the complexities of reporting the virus. The session’s panel was moderated by Mia Malan, Editor-in-chief/Executive Director of Bhekisica Centre for Health Journalism in Johannesburg, South Africa, who opened up on the core issue of how the pandemic forced journalists to become emergency health reporters to “report on science research results and health policies that they were previously unfamiliar with”. She then posed thought-provoking questions like “Is this kind of situation good for health journalism or does it lead to misinformation, and how have business, investigative and political journalists cope with the situation?”

    Ferial Haffajee, influential South African journalist well-known for business, investigative and political reporting before the outbreak of the virus and who has never reported on a pandemic before now, said after her dive into reporting Covid-19 pandemic, she discovered the stereotype about the health beat as “soft” was wrong, adding that it is “probably the most vital of the beats; it’s literally a matter of life and death”.

    Hafajee has been able to overcome the challenges by her sheer resoluteness, and the epidemiological course she undertook in July this year in India together with other journalists from across the world. Journalists from 18 African countries participated in the training and a third of the total number of participants are non-health journalists.

    “For me, that (epidemiological course) is the way to go because it used every single technology, and then together with people like Dr. Taryn Young (an epidemiologist), it taught us how to ensure that we knew about vaccine trials, how to ensure that we understood the signs and that has been completely invaluable to me”, she opined.

    While on coronavirus beat, Haffajee learned that reporting the virus could lend itself to the methods of conventional investigation because of the fall outs of the disease such as Covid-19 corruption, police brutality, human rights abuses and unscientific vaccine claims.

    She said the reporting of Covid-19 “did become more conventionally investigative”, adding “that’s when we learned that all the billions of Rand (South Africa’s currency) that were being invested into the response in South Africa, but I know it’s also happening in the rest of Africa, was as usual being corrupted. We have to get at the top and watch how the money is planned and then how It’s spent, and for me, that’s where health reporting should go, in the next couple of years, to catch corruption before it happens”.

    Asha Mwilu, a Kenyan traditional television journalist and CNN African journalist of year 2016, disclosed that coronavirus changed her life and that she had to put aside her role as an editor to go to the field to report on the virus.

    “I started going to the markets and talking to people and seeing how coronavirus was affecting lives and livelihoods, and I just had to go back to the basics of reporting, and then I had to re-learn a lot of things”, she remarked.

    After Mwilu resigned from her post as Editor, Special Projects, Citizen Television, Kenya, she launched Debunk Media on July 1, 2020, where she currently serves as Founder/Editor-at-large. The platform came in the midst of Covid-19 and this development changed its orientation.

    “The plan was to launch Debunk in April, but we had to put it on hold”, she explains. “First and foremost, the content that we had created could not even resonate with the audience because everyone was talking about coronavirus. We had created content around issues like legalization of marijuana, feel good content around music but using data to drive those stories. What coronavirus did for us is to really center us into what Debunk Media wanted to do, and is now doing, which is putting data at the center of storytelling “.

    At a time that fatigue was setting in the coverage of the pandemic, her team decided to look for areas that had not been reported on, and learned how to scrape data from the web to give new dimensions to reporting the disease.

    Professor Taryn Young, an epidemiologist and Director of the Centre for Evidence-based Healthcare at Stellenbosch University, South Africa, who has collaborated effectively with journalists, said health reporters need basic knowledge of science and research assessment to be able to write critically on health, and to prevent misinformation.

    “Yes, I have seen misinformation and flawed research being reported in the media”, she disclosed. “An example is linked to the big difference between association and causation. For instance, there have been reports linked to smoking, that if you smoke more, you are less likely to become inflicted with Covid-19 but these studies are reported without critically about how big was the study. Was the result big enough to give a robust answer?”
    Speaking on the epidemiological course in which she was one of the hosts, Young said on a certain day at the event “there were more than 60 people online all joining to learn more about epidemiology, to learn more about different types of research designs, different types of bias, and talking about error, and also covering tips on how to critically appraise medical research”.

    Journalists and medical researchers need to work together to enhance the reporting of research findings, she suggests.

    In her own contribution, Ida Jooste, who works for the International Media Development Organization called Internews, said Covid-19 had brought many other areas of life into storytelling and cited the instance of mathematics and statistics.

    “It’s brought mathematics and statistics and dealing with numbers right into our faces every single day”, adding that this is something that journalists should learn to add to their understanding of Covid-19 reporting.

    The author:
    Elegbede is a Multimedia journalist and Project Director of Press Attack Monitor, a platform that exposes press freedom violations in Nigeria. He was chosen by the Journalism Program (Wits Journalism) of the University of Witwatersrand, Johannesburg, South Africa, as a fellow of the African Investigative Journalism Conference 2020 hosted by Wits Journalism.

  • Mali Crisis: Buhari, Jonathan Celebrate Considerable Successes

    Mali Crisis: Buhari, Jonathan Celebrate Considerable Successes

    President Muhammadu Buhari and former President Goodluck Jonathan Thursday met in Abuja over the political crisis in Mali.

    Giving updates on the considerable improvement in the management of the crisis in Mali, Jonathan, who is the Special Envoy/Mediator to the West African country, said the mission given to him by the leaders of the Economic Community of West African States (ECOWAS) was almost fully done, as a transition government with a largely civilian face has been inaugurated in Mali.

    He said: “The President has been sworn in, the Prime Minister, and Ministers too. The military has only four portfolios for serving officers, and the government has taken off.

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    “The Council, which will work like parliamentarians, will be inaugurated soon.”

    Jonathan added that ECOWAS Chairman, President Nana Akufo-Addo of Ghana would formally brief West African leaders soon.

    Responding, Buhari expressed delight that crisis in Mali had calmed down considerably, following interventions by ECOWAS leaders.

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    According to him, “We can’t do hop, step and jump like other developed nations of the world, but one is delighted at the successes recorded.”

    It would be recalled that after the intervention by the military in Mali, ECOWAS leaders had insisted on a transition government led by a civilian, and return to constitutional order within 12-18 months, among other demands.

    Idowu Sowunmi

  • African Development Bank Appoints Yacine Fal as Director-General, President’s Cabinet Office

    African Development Bank Appoints Yacine Fal as Director-General, President’s Cabinet Office

    For effective administrative and operational work and activities at the President’s Cabinet Office, African Development Bank Group has announced the appointment of Yacine Fal as the office’s Director General effective November 1.

    Fal, a Senegalese, has been described as a seasoned and results-oriented business development and service delivery professional with over 20 years of experience in banking, legal and procurement fields.

    As Director-General, Fal would primarily provide oversight of all units and departments directly reporting to the President.

    She would also ensure enhanced delivery efficiency and effectiveness for all presidential initiatives and bank operations, as per agreements with respective Vice Presidency Complexes.

    The new director-general would oversee the work of senior staff to improve overall coordination and engagement of the President and Chairman of the Board of Directors with the Board.

    Speaking on the appointment of the new director-general, President of the African Development Bank Group, Akinwumi Adesina, described Fal as “a highly capable manager.”

    According to him, “Fal brings vast knowledge and experience of the bank’s legal, procurement, human resources, processes, systems, and operations to her new position.

    “I am delighted to have Fal lead a restructured Cabinet Office of the President that will comprehensively support the delivery of my vision and mandate to strengthen the bank and accelerate Africa’s development.”

    Also commenting on her appointment, Fal said: “I am greatly honoured by the confidence reposed in me by President Adesina to support him in ensuring the successful implementation of his bold vision for the bank and the continent.

    “I look forward to leading teams in the President’s Cabinet Office to provide managerial, administrative and operational bandwidth and to assure the success of the President’s vision and mandate following his historic re-election with 100 per cent vote of the bank’s shareholders.”

    Fal joined the African Development Bank as a Principal Legal Counsel in the procurement unit (1998-2007) and subsequently served as Manager in charge of the reform implementation team in the office of the President (2007-2008).

    She was appointed Officer in Charge of the Procurement and Fiduciary Services Department (2010-2011); and Manager of the Procurement Services Division (2008-2013). She later served as the Resident Representative of the bank’s Morocco Office (2014-2017).

    In 2016, Adesina appointed Fal as the Deputy Director General of the North Africa Business Development and Service Delivery Office.

    Fal holds a Masters of Law degree (1984) from University of Dakar, where she specialised in corporate and tax law, and a postgraduate degree in International Law (1987) from University of Paris X.

    Idowu Sowunmi

  • Nigeria’s Akinwunmi Adesina Re-Elected As AfDB President

    Nigeria’s Akinwunmi Adesina Re-Elected As AfDB President

    Nigeria’s former Minister of Agriculture, Akinwumi Adesina has been re-elected for another 5year term as President of the Africa Development Bank by its Board of Governors.

    Adesina’s election was disclosed by a Social Media aide to President Muhammadu Buhari, Lauretta Onochie, who confirmed the news in a congratulatory tweet on Thursday.

    The AfDB is currently holding its 55th Annual Meetings in Côte d’Ivoire virtually, due to COVID-19 restrictions.

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    A clearance by an independent panel, led by Former President of Ireland and ex-United Nations Human Right Commissioner, Ms. Mary Robinson, which absolved Adesina of any breach of ethics paved the way for his re-election.

    File photo: African Development Bank (AfDB), Akinwunmi Adesina.

    Adesina is the first Nigerian to hold the post of the bank’s President.

    The AfDB, founded in 1964, is geared towards spurring “sustainable economic development and social progress” among member African countries.

    Nigeria is the AfDB’s largest shareholder with 16.8 percent of rights, while Germany and the United States own 7.4 percent and 5.5 percent respectively.

    On Wednesday, Adesina had made a case for his re-election to the AfDB’s Board of Governors, noting that he wanted to fulfil “his sense of duty and commitment.”

    “Five years ago, right here in Abidjan, you elected me president of the African Development Bank. It was a huge responsibility to shoulder. I promised that I would work tirelessly to accelerate Africa’s development. My vision, focused on the High 5 priorities, was my commitment, my promise, my compass,” Adesina said during a virtual session at the start of the Bank’s 2020 Annual Meetings.

    “Time has passed so quickly,” he added, citing the Bank’s achievements in the five years of his presidency.

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    Some 18 million additional people now have access to electricity, 141 million people have received more advanced agricultural technology to improve food security, 15 million people have access to financing, 101 million now have access to improved transport, and 60 million people have gained access to water and sanitation, Adesina argued.

    “Dear Governors, these Annual Meetings are my opportunity to offer you my services and seek a second term as President of the African Development Bank,” he said. “I do so with humility. I do so with an acute sense of duty and commitment. I do so to serve Africa and our Bank.”

  • Buhari priotises securing Mali “largely occupied by terrorists” 

    Buhari priotises securing Mali “largely occupied by terrorists” 

    Nigeria’s President Muhammadu Buhari Wednesday says the priority in Republic of Mali now should be securing the country, which is largely occupied by terrorists.

    According to a statement by Buhari’s Special Adviser on Media and Publicity, Femi Adesiyan, the President spoke Wednesday when he received briefings from ECOWAS Special Envoy to the West African country, former President Goodluck Jonathan at the State House in Abuja, the nation’s capital. 

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    The meeting came ahead of an extraordinary virtual summit by ECOWAS heads of state and leaders, scheduled for Friday.

    In Adesina’s statement, President Buhari stressed: “About two-thirds of Mali is occupied by terrorists, and it makes common sense to secure the country, rather than pursuing individual interests.”

    He said the sub-region would take a common position on the issue when the leaders meet on Friday, hoping that an amicable and generally acceptable position to all interested parties would be arrived at.

    In his brief to the President on dialogue with the military coup leaders, who are seeking to stay in power for three years, before holding elections, Dr Jonathan said:

    “They call themselves National Committee for the Salvation of the People. We asked them to allow ousted President Ibrahim Boubacar Keita to return to his personal residence, where he would be given tight security, but they said he could travel abroad, and not return to answer questions they may have for him,’’ the Special Envoy said.

    “We also told them that what would be acceptable to ECOWAS was an Interim Government, headed by a civilian or retired military officer, to last for six or nine months, and maximum of 12 calendar months. The Interim Government would then organize elections to restore full constitutional order.”

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    Dr Jonathan disclosed that his team was allowed to meet with the ousted President, who confirmed that he resigned voluntarily, adding that he was no longer interested in returning to his former position.

    He added that the military leaders want ECOWAS to lift sanctions put in place, as it was already affecting the country, “but we told them that the authority to do such was only in the hands of ECOWAS heads of state.”

  • African Union Commission Inaugurates AfCFTA Permanent Secretariat in Ghana

    African Union Commission Inaugurates AfCFTA Permanent Secretariat in Ghana

    With a provision of a $5 million institutional support grant by the African Development Bank Group, African Union Commission has launched the permanent secretariat of the African Continental Free Trade Area (AfCFTA) to ensure the economic transformation of the continent.

    AfCFTA permanent secretariat would be located in an ultra-modern office complex in the Central Business District of Ghanaian capital, Accra.

    Ghana’s President Nana Akufo-Addo hands over the AfCFTA permanent secretariat to African Union, Monday August 17, 2020. Image: CGTN

    Speaking at the ceremony on Monday, Ghana’s President Nana Akufo-Addo and Chairperson, AU Commission, Moussa Faki Mahamat, reaffirmed the importance of the body to the continent’s economic transformation agenda.

    “The economic integration of Africa will lay strong foundations for an Africa beyond aid. Africa’s new sense of urgency and aspiration of true self-reliance will be amply demonstrated by today’s ceremony,” Akufo-Addo said.

    Akufo-Addo appealed to member states that have not ratified to do so before the next AU summit in December in order “to pave the way for the smooth commencement of trading from 1 January, 2021.”

    The global novel Coronavirus (COVID-19) pandemic has heightened the importance of the success of AfCFTA, the Ghanaian president said.

    “The destruction of global supply chains has reinforced the necessity for closer integration amongst us so that we can boost our mutual self-sufficiency, strengthen our economies and reduce our dependence on external sources,” he said.

    Ghana was selected as the venue for the headquarters by African leaders during a Summit of AU Heads of states in Niamey in July last year, to launch the implementation phase of the agreement, which is expected to spur regional trade among member countries.

    Currently, 54 states have signed on to AfCFTA, out of which 28 have ratified the agreement.

    AfCFTA, the world’s largest free trade area, has the potential to transform the continent with its potential market of 1.2 billion people and combined GDP of around $3 trillion across the 54-member states of AU.

    Mahamat said the opening of the secretariat marked a milestone in the vision of Africa’s founding founders for continental integration.

    Also speaking, the first AfCFTA Secretary-General, Wamkele Mene, said the agreement offered an opportunity for Africa to confront the significant trade and economic development challenges: market fragmentation, small national economies, over-reliance on primary commodity exports, narrow export base, lack of export specialisation, under-developed regional value chains and high regulatory and tariff barriers to trade.

    “We have to take action now. We have to take action to dismantle the colonial economic model that we inherited,” Mene reiterated.

    The Vice President for the Private Sector, Infrastructure and Industrialisation of the African Development Bank, Solomon Quaynor, said the establishment of AfCFTA permanent secretariat is in keeping with the bank’s role of continental leadership in helping to build special-purpose vehicles that are critical to the successful implementation of crucial institutions to accelerate Africa’s economic development objectives.

    “The African Development Bank congratulates the AU/AfCFTA on the investiture of the Secretariat hosted by Ghana on 17 August 2020.

    “The bank is delighted to be associated with this groundbreaking, game-changing, transformational continental initiative in furtherance of the objective to create the Africa we want.

    “Our support to AfCFTA is in keeping with the bank’s role of continental leadership in helping to build special-purpose vehicles that are critical to the successful implementation of crucial institutions to accelerate Africa’s economic development objectives,” Quaynor added.

    The event also featured virtual goodwill remarks from AU Chairman, President Cyril Ramaphosa of South Africa, and Nigerien President Mahamadou Issoufou.

    Idowu Sowunmi