#US Sanctions money launderers connected to Al-Shabab
The U.S. Department of the Treasury imposed sanctions on 16 entities and individuals on Monday for their involvement in fundraising and money laundering activities supporting the terrorist organization #al_Shabab. Al-Shabab, an Islamist insurgency group operating in Somalia and linked to al-Qaida, has long been a threat to regional stability.
According to a Treasury statement, those sanctioned were operating across the Horn of #Africa, the United Arab Emirates (#UAE), and #Cyprus. The sanctions freeze all U.S. assets belonging to the individuals and entities and prohibit Americans from engaging in any transactions with them. This move echoes similar sanctions imposed in 2022 targeting individuals associated with al-Shabab.
Al-Shabab, known for its deadly terrorist attacks and control over parts of #Somalia, sustains itself by extorting businesses and collecting taxes in the areas under its influence. Despite efforts by the Somali government to dismantle the group's financial infrastructure, al-Shabab persists by extracting cash from businesses in government-controlled regions.
https://www.voanews.com/a/us-sanctions-money-launderers-connected-to-al-shabab/7523193.html
The U.S. Department of the Treasury imposed sanctions on 16 entities and individuals on Monday for their involvement in fundraising and money laundering activities supporting the terrorist organization #al_Shabab. Al-Shabab, an Islamist insurgency group operating in Somalia and linked to al-Qaida, has long been a threat to regional stability.
According to a Treasury statement, those sanctioned were operating across the Horn of #Africa, the United Arab Emirates (#UAE), and #Cyprus. The sanctions freeze all U.S. assets belonging to the individuals and entities and prohibit Americans from engaging in any transactions with them. This move echoes similar sanctions imposed in 2022 targeting individuals associated with al-Shabab.
Al-Shabab, known for its deadly terrorist attacks and control over parts of #Somalia, sustains itself by extorting businesses and collecting taxes in the areas under its influence. Despite efforts by the Somali government to dismantle the group's financial infrastructure, al-Shabab persists by extracting cash from businesses in government-controlled regions.
https://www.voanews.com/a/us-sanctions-money-launderers-connected-to-al-shabab/7523193.html
Voice of America
US Sanctions Money Launderers Connected to Al-Shabab
US Treasury targets 16 individuals and entities, freezing all their US assets and preventing Americans from working with them
#Sudan suspends #Arab Satellite Channels for lack of transparency and expired licenses
Sudan authorities have suspended the operations of three prominent Arab satellite channels, Sky News Arabia, Al Arabiya, and Al Hadath, citing concerns over lack of transparency, unprofessional reporting practices, and license renewal issues. This decision has raised concerns about press freedom in the country
According to the statement issued by Minister Graham Abdel Gader, the suspension of Sky News Arabia, which is funded by the United Arab Emirates (#UAE), was due to "harmful publishing." Meanwhile, the Saudi-based channels, Al Arabiya and Al Hadath, were suspended for failing to renew their licenses.
The Ministry of Foreign Affairs criticized Sky News Arabia for broadcasting a video report related to the Somali militant group Al-Shabaab, presenting it as footage from Sudan. The ministry also alleged that the report relied on a newspaper affiliated with the Rapid Support Forces (#RSF), a controversial paramilitary group in the country.
While Sky News Arabia defended the accuracy of their report, they acknowledged the use of archived footage. The Sudanese Journalists Syndicate (SJS) condemned the decision to suspend the channels, expressing concerns that it could lead to the suppression of professional media and exacerbate the spread of misinformation and hate speech in the country.
https://sudantribune.com/article284020/
Sudan authorities have suspended the operations of three prominent Arab satellite channels, Sky News Arabia, Al Arabiya, and Al Hadath, citing concerns over lack of transparency, unprofessional reporting practices, and license renewal issues. This decision has raised concerns about press freedom in the country
According to the statement issued by Minister Graham Abdel Gader, the suspension of Sky News Arabia, which is funded by the United Arab Emirates (#UAE), was due to "harmful publishing." Meanwhile, the Saudi-based channels, Al Arabiya and Al Hadath, were suspended for failing to renew their licenses.
The Ministry of Foreign Affairs criticized Sky News Arabia for broadcasting a video report related to the Somali militant group Al-Shabaab, presenting it as footage from Sudan. The ministry also alleged that the report relied on a newspaper affiliated with the Rapid Support Forces (#RSF), a controversial paramilitary group in the country.
While Sky News Arabia defended the accuracy of their report, they acknowledged the use of archived footage. The Sudanese Journalists Syndicate (SJS) condemned the decision to suspend the channels, expressing concerns that it could lead to the suppression of professional media and exacerbate the spread of misinformation and hate speech in the country.
https://sudantribune.com/article284020/
Sudan Tribune
Sudan suspends Arab Satellite Channels for lack of transparency and expired licenses
April 2, 2024 (PORT SUDAN) – Sudanese authorities suspended three Arab satellite channels: Sky News Arabia, Al Arabiya, and Al Hadath. The Ministry of Culture and Information cited a lack of transparency, unprofessional reporting practices, and license renewal…
#Somaliland, #UAE discuss to bolster cooperation in #energy and #mining sectors investments
Somaliland and the UAE have had a discussion on the ways and means of bolstering energy and mining investments in the country.
This follows an official visit by Somaliland government delegation led by Minister of Energy and Minerals Abdilahi Farah Abdi to the United Arab Emirates, where they were received by the Emir of Ras al Khaima, Sheikh Saud bin Sar al Qassimi.
The minister who was accompanied by his adviser Ibrahim Ali Yusuf, and the officials in the UAE held crucial discussions on investments in the field of energy and minerals and to broadly present the investment opportunities in Somaliland in these sectors to potential investors.
The delegation was also received at the royal palace by Sheikh Saud bin Saqr al-Qasimi, who is a member of Supreme Council of the UAE, and the Ruler of Ras Al Khaimah, a member emirate of the seven UAE chieftaincies. https://www.horndiplomat.com/2024/04/07/somaliland-and-uae-discuss-bolster-in-energy-and-mining-sectors-investments/
Somaliland and the UAE have had a discussion on the ways and means of bolstering energy and mining investments in the country.
This follows an official visit by Somaliland government delegation led by Minister of Energy and Minerals Abdilahi Farah Abdi to the United Arab Emirates, where they were received by the Emir of Ras al Khaima, Sheikh Saud bin Sar al Qassimi.
The minister who was accompanied by his adviser Ibrahim Ali Yusuf, and the officials in the UAE held crucial discussions on investments in the field of energy and minerals and to broadly present the investment opportunities in Somaliland in these sectors to potential investors.
The delegation was also received at the royal palace by Sheikh Saud bin Saqr al-Qasimi, who is a member of Supreme Council of the UAE, and the Ruler of Ras Al Khaimah, a member emirate of the seven UAE chieftaincies. https://www.horndiplomat.com/2024/04/07/somaliland-and-uae-discuss-bolster-in-energy-and-mining-sectors-investments/
Horn Diplomat
Somaliland and UAE Discuss Bolster in Energy and Mining Sectors Investments
By M.A. Egge Somaliland and the UAE have had a discussion on the ways and means of bolstering energy and mining investments in the country. This follows a government delegation led by the Somaliland Minister of Energy and Minerals Abdilahi Farah Abdi this…
#Somali pirates release #Bangladesh-flagged ship MV Abdullah and crew after alleged ransom payment
Somali pirates have freed the Bangladesh-flagged vessel, MV Abdullah, and its 23 crew members after a reported ransom payment. The ship was transporting coal from Mozambique to the United Arab Emirates (#UAE) when it was seized off the coast of Somalia about a month prior.
The pirates claim to have received $5 million in ransom, although there are no independent sources that can confirm this statement. The hijacking of the MV Abdullah is part of a recent surge in piracy incidents off the Somali coast, with over a dozen vessels targeted since late November.
Experts attribute the increase in hijackings to a security vacuum that developed as foreign navies redirected their focus to the Red Sea in response to attacks by Yemen's Houthi rebel group. Between 2005 and 2012, pirates in the Horn of Africa region amassed between $339 million and $413 million through ransom payments for crew members held hostage, according to the World Bank.
The KSRM Group, owner of the MV Abdullah, confirmed the ship's release after negotiations with the pirates. While the company representative did not provide details on the ransom payment, he emphasized that all crew members are safe and secure. The vessel has since continued its journey to the UAE, accompanied by two warships.
https://www.bbc.com/news/world-africa-68811930
Somali pirates have freed the Bangladesh-flagged vessel, MV Abdullah, and its 23 crew members after a reported ransom payment. The ship was transporting coal from Mozambique to the United Arab Emirates (#UAE) when it was seized off the coast of Somalia about a month prior.
The pirates claim to have received $5 million in ransom, although there are no independent sources that can confirm this statement. The hijacking of the MV Abdullah is part of a recent surge in piracy incidents off the Somali coast, with over a dozen vessels targeted since late November.
Experts attribute the increase in hijackings to a security vacuum that developed as foreign navies redirected their focus to the Red Sea in response to attacks by Yemen's Houthi rebel group. Between 2005 and 2012, pirates in the Horn of Africa region amassed between $339 million and $413 million through ransom payments for crew members held hostage, according to the World Bank.
The KSRM Group, owner of the MV Abdullah, confirmed the ship's release after negotiations with the pirates. While the company representative did not provide details on the ransom payment, he emphasized that all crew members are safe and secure. The vessel has since continued its journey to the UAE, accompanied by two warships.
https://www.bbc.com/news/world-africa-68811930
BBC News
Somali pirates free Bangladesh-flagged vessel, MV Abdullah
The Bangladesh-flagged cargo vessel and its crew were seized last month off Somalia's coast.
#Sudan conflict exacerbated by foreign arms supply: #UN
Rosemary Anne, the #UN Under-Secretary-General for Political and Peacebuilding Affairs, has issued a stern warning about the ongoing conflict in Sudan, attributing its perpetuation to foreign entities supplying weapons in violation of international sanctions. In a statement obtained by The City Review, Anne emphasized the detrimental role of external actors in flouting sanctions imposed by the UN Security Council, thereby exacerbating the conflict in Sudan. She condemned these actions as illegal and immoral, urging for their immediate cessation.
Anne underscored that while the warring factions in Sudan may have momentarily halted hostilities, outside support continues to sustain the conflict, perpetuating instability and impeding prospects for peace. Reports have implicated countries such as #Saudi_Arabia, the #UAE, and #Egypt in fueling the conflict, despite the sanctions imposed by Resolution 1591, which prohibits arms sales and freezes assets related to the #Darfur crisis.
The Sudanese conflict, which erupted in April 2023, has resulted in staggering casualties, with over 14,000 fatalities, tens of thousands wounded, and millions displaced. The UN warns of a looming famine, underscoring the urgent need for international intervention to address the humanitarian crisis and restore stability in Sudan.
https://cityreviewss.com/sudanese-conflict-exacerbated-by-foreign-arms-supply-un/
Rosemary Anne, the #UN Under-Secretary-General for Political and Peacebuilding Affairs, has issued a stern warning about the ongoing conflict in Sudan, attributing its perpetuation to foreign entities supplying weapons in violation of international sanctions. In a statement obtained by The City Review, Anne emphasized the detrimental role of external actors in flouting sanctions imposed by the UN Security Council, thereby exacerbating the conflict in Sudan. She condemned these actions as illegal and immoral, urging for their immediate cessation.
Anne underscored that while the warring factions in Sudan may have momentarily halted hostilities, outside support continues to sustain the conflict, perpetuating instability and impeding prospects for peace. Reports have implicated countries such as #Saudi_Arabia, the #UAE, and #Egypt in fueling the conflict, despite the sanctions imposed by Resolution 1591, which prohibits arms sales and freezes assets related to the #Darfur crisis.
The Sudanese conflict, which erupted in April 2023, has resulted in staggering casualties, with over 14,000 fatalities, tens of thousands wounded, and millions displaced. The UN warns of a looming famine, underscoring the urgent need for international intervention to address the humanitarian crisis and restore stability in Sudan.
https://cityreviewss.com/sudanese-conflict-exacerbated-by-foreign-arms-supply-un/
The City Review South Sudan
Sudanese conflict exacerbated by foreign arms supply: UN - The City Review South Sudan
The United Nations Under-Secretary-General for Political and Peacebuilding Affairs, Rosemary Anne, said Sudanese conflict has been fueled by weapons supplied by foreign entities in violations of sections.
#UAE denies accusations of funding #Sudanese paramilitary group
The United Arab Emirates (UAE) has rejected allegations from Sudan that it has been providing financial support to the Rapid Support Forces (#RSF), a paramilitary group engaged in a year-long conflict with the Sudanese army. Sudan's representative to the United Nations, Al-Harith Idris, called on the Security Council to condemn the UAE for allegedly supplying the RSF with weapons, vehicles, and financial assistance.
In response, UAE Assistant Foreign Minister Lana Nusseibeh sent a letter to the Security Council, stating that the accusations are "baseless" and an attempt to shift focus from the ongoing humanitarian crisis caused by the fighting. The letter emphasized the UAE's policy of non-interference in the internal affairs of other countries and its commitment to a peaceful resolution.
The UN Security Council has not yet ruled on Sudan's official complaint against the UAE, filed in March, which alleges UAE involvement in escalating the conflict and supplying military equipment through #Chad. Both sides in the Sudanese conflict have been criticized for prolonging the fighting, which has led to significant suffering and regional instability.
https://sudantribune.com/article284754/
The United Arab Emirates (UAE) has rejected allegations from Sudan that it has been providing financial support to the Rapid Support Forces (#RSF), a paramilitary group engaged in a year-long conflict with the Sudanese army. Sudan's representative to the United Nations, Al-Harith Idris, called on the Security Council to condemn the UAE for allegedly supplying the RSF with weapons, vehicles, and financial assistance.
In response, UAE Assistant Foreign Minister Lana Nusseibeh sent a letter to the Security Council, stating that the accusations are "baseless" and an attempt to shift focus from the ongoing humanitarian crisis caused by the fighting. The letter emphasized the UAE's policy of non-interference in the internal affairs of other countries and its commitment to a peaceful resolution.
The UN Security Council has not yet ruled on Sudan's official complaint against the UAE, filed in March, which alleges UAE involvement in escalating the conflict and supplying military equipment through #Chad. Both sides in the Sudanese conflict have been criticized for prolonging the fighting, which has led to significant suffering and regional instability.
https://sudantribune.com/article284754/
Sudan Tribune
UAE denies funding Sudanese paramilitary group
April 23, 2024 (KAMPALA) – The United Arab Emirates (UAE) has rejected accusations from Sudan that it has been financing the Rapid Support Forces (RSF), a paramilitary group involved in a year-long conflict with the Sudanese army. The denial comes after Sudan’s…
A #Dubai firm pledged $13 billion for 20 Years of #South_Sudan #Oil
*The loan from an obscure #UAE company may tie up most of South Sudan’s oil revenues for many years, #UN investigators say.
A little-known company run by a distant relative of the Abu Dhabi royal family agreed to lend 12 billion euros ($12.9 billion) to South Sudan in exchange for repayment in oil, making it one of the largest ever oil-for-cash deals and the latest such intervention in a struggling African country.
According to an unpublished report by a United Nations Security Council-appointed panel of investigators reviewed by Bloomberg, the Dubai-based Hamad Bin Khalifa Department of Projects, or HBK DOP, and South Sudan’s then-finance minister Bak Barnaba Chol appear to have agreed to the terms of the loan in documents signed between December and February.
The deal amounts to almost double the GDP of South Sudan, which has been ravaged by famine and conflict, and 70% of the funds are earmarked for infrastructure, according to the documents seen by the investigators. But a loan of this size - about five times the country’s current external debt -also would likely tie up most of South Sudan’s oil revenues for many years, the unpublished report says.
https://www.bloomberg.com/news/articles/2024-04-26/oil-backed-loans-dubai-firm-pledged-13-billion-for-20-years-of-south-sudan-oil?utm_campaign=socialflow-organic&utm_source=twitter&utm_content=africa&utm_medium=social&cmpid%3D=socialflow-twitter-africa
*The loan from an obscure #UAE company may tie up most of South Sudan’s oil revenues for many years, #UN investigators say.
A little-known company run by a distant relative of the Abu Dhabi royal family agreed to lend 12 billion euros ($12.9 billion) to South Sudan in exchange for repayment in oil, making it one of the largest ever oil-for-cash deals and the latest such intervention in a struggling African country.
According to an unpublished report by a United Nations Security Council-appointed panel of investigators reviewed by Bloomberg, the Dubai-based Hamad Bin Khalifa Department of Projects, or HBK DOP, and South Sudan’s then-finance minister Bak Barnaba Chol appear to have agreed to the terms of the loan in documents signed between December and February.
The deal amounts to almost double the GDP of South Sudan, which has been ravaged by famine and conflict, and 70% of the funds are earmarked for infrastructure, according to the documents seen by the investigators. But a loan of this size - about five times the country’s current external debt -also would likely tie up most of South Sudan’s oil revenues for many years, the unpublished report says.
https://www.bloomberg.com/news/articles/2024-04-26/oil-backed-loans-dubai-firm-pledged-13-billion-for-20-years-of-south-sudan-oil?utm_campaign=socialflow-organic&utm_source=twitter&utm_content=africa&utm_medium=social&cmpid%3D=socialflow-twitter-africa
Bloomberg.com
A Dubai Firm Pledged $13 Billion for 20 Years of South Sudan Oil
The loan from an obscure UAE company may tie up most of South Sudan’s oil revenues for many years, UN investigators say.
#UN Security Council delays discussion on #Sudan’s complaint against #UAE
The UN Security Council postponed deliberations on Sudan’s complaint against the United Arab Emirates (UAE) until May, at #Britain’s request.
The originally scheduled meeting was set to discuss the humanitarian crisis in Sudan, arms flow violations, and Sudan’s accusations of UAE aggression through alleged support for paramilitary forces fighting the Sudanese army.
In statements to Sudanese state TV, Sudan’s Ambassador, Al-Harith Idris, claimed the postponement was a procedural reason due to a missing English translation of the complaint. He emphasized that the delay “won’t prevent the UAE from being condemned,” and the discussion will move to Mozambique’s presidency in May.
Idris criticized the intervention of Britain, the penholder for Sudan (the country currently responsible for drafting resolutions on Sudan), calling it “arbitrary and lacking neutrality.”
Read more at: https://x.com/addisstandard/status/1785257569549783361
The UN Security Council postponed deliberations on Sudan’s complaint against the United Arab Emirates (UAE) until May, at #Britain’s request.
The originally scheduled meeting was set to discuss the humanitarian crisis in Sudan, arms flow violations, and Sudan’s accusations of UAE aggression through alleged support for paramilitary forces fighting the Sudanese army.
In statements to Sudanese state TV, Sudan’s Ambassador, Al-Harith Idris, claimed the postponement was a procedural reason due to a missing English translation of the complaint. He emphasized that the delay “won’t prevent the UAE from being condemned,” and the discussion will move to Mozambique’s presidency in May.
Idris criticized the intervention of Britain, the penholder for Sudan (the country currently responsible for drafting resolutions on Sudan), calling it “arbitrary and lacking neutrality.”
Read more at: https://x.com/addisstandard/status/1785257569549783361
#Ethiopia: #MITHRA Metals, a prominent private investment firm based in the #UAE, recently announced a strategic move that underscores its dedication to fostering global partnerships in the mining industry.
The firm has acquired 240,000 shares of #ANS Exploration, headquartered in #Toronto, #Canada. This significant investment is in line with MITHRA Metals’ strategic outlook in identifying and engaging with promising mining companies worldwide, it said in a recent statement.
***
This acquisition provided ANS Exploration and now Mithra Metals, with a strong presence within the #Tigray region of the country and added to its exploration portfolio in the highly prospective Nubian Shield.
The Daro and Zager licenses, located in the Neoproterozoic rocks of the Arabian Nubian Shield encompassing approximately 600 square kilometres, are considered promising for gold and base metals exploration, particularly Volcanogenic Massive Sulphide (VMS) mineralization. ANS Exploration, in an earlier statement, had said it was reviewing historic data and utilizing remote sensing imagery to identify potential VMS targets for exploration in the near future.
This strategic investment in ANS Exploration represents the firm’s proactive approach to identifying and collaborating with mining companies that exhibit promising growth prospects and align with its values of responsible and impactful investment.
An executive at MITHRA Metals, expressed enthusiasm about the acquisition, stating, “We are delighted to announce our investment in ANS Exploration. This partnership exemplifies our strategic vision for the future, as we seek to unlock the vast potential of the mining sector in Ethiopia and beyond. We believe that by investing in sustainable mining projects, we can drive positive economic and social impact while generating attractive returns for our stakeholders.” https://gulfbusiness.com/mithra-metals-expands-global-footprint-with-ambitious-acquisition/
The firm has acquired 240,000 shares of #ANS Exploration, headquartered in #Toronto, #Canada. This significant investment is in line with MITHRA Metals’ strategic outlook in identifying and engaging with promising mining companies worldwide, it said in a recent statement.
***
This acquisition provided ANS Exploration and now Mithra Metals, with a strong presence within the #Tigray region of the country and added to its exploration portfolio in the highly prospective Nubian Shield.
The Daro and Zager licenses, located in the Neoproterozoic rocks of the Arabian Nubian Shield encompassing approximately 600 square kilometres, are considered promising for gold and base metals exploration, particularly Volcanogenic Massive Sulphide (VMS) mineralization. ANS Exploration, in an earlier statement, had said it was reviewing historic data and utilizing remote sensing imagery to identify potential VMS targets for exploration in the near future.
This strategic investment in ANS Exploration represents the firm’s proactive approach to identifying and collaborating with mining companies that exhibit promising growth prospects and align with its values of responsible and impactful investment.
An executive at MITHRA Metals, expressed enthusiasm about the acquisition, stating, “We are delighted to announce our investment in ANS Exploration. This partnership exemplifies our strategic vision for the future, as we seek to unlock the vast potential of the mining sector in Ethiopia and beyond. We believe that by investing in sustainable mining projects, we can drive positive economic and social impact while generating attractive returns for our stakeholders.” https://gulfbusiness.com/mithra-metals-expands-global-footprint-with-ambitious-acquisition/
Gulf Business
MITHRA Metals expands global footprint with ambitious acquisition
MITHRA Metals strategic investment in ANS Exploration represents a proactive approach to identifying and collaborating with partners that exhibit promising growth prospects
New #BRICS members not keen to support #India, #Brazil’s claim to UNSC permanent seat
India's aspiration for support from new BRICS bloc members in its bid for a permanent seat on the #UN Security Council faces challenges, with countries like Egypt and Ethiopia expressing reluctance, according to sources familiar with the matter. The expansion of the BRICS grouping last year to include #Egypt, #Iran, the #UAE, #Saudi_Arabia, and #Ethiopia was anticipated to strengthen India's position. However, disagreements have emerged regarding the support for India, Brazil, and South Africa's UNSC aspirations.
Initially, there was an understanding that new members would back these aspirations. However, Egypt and Ethiopia, among others, argue that this condition wasn't explicitly communicated to them. Efforts to garner support for UNSC reforms, including backing for India's permanent membership, were highlighted in the Johannesburg Declaration 2023. Despite this, consensus among new members remains elusive.
Russia, set to host the BRICS Summit in October 2024, faces the challenge of aligning all members' positions on UNSC reform. India, alongside Brazil and #South_Africa, continues to advocate for expanded representation of developing countries. The upcoming BRICS Foreign Ministers meeting in Nizhny Novgorod will provide an opportunity to reassess members' stances on UNSC reforms and membership.
https://www.thehindubusinessline.com/economy/new-brics-members-not-keen-to-support-india-brazils-claim-to-unsc-permanent-seat/article68167729.ece
India's aspiration for support from new BRICS bloc members in its bid for a permanent seat on the #UN Security Council faces challenges, with countries like Egypt and Ethiopia expressing reluctance, according to sources familiar with the matter. The expansion of the BRICS grouping last year to include #Egypt, #Iran, the #UAE, #Saudi_Arabia, and #Ethiopia was anticipated to strengthen India's position. However, disagreements have emerged regarding the support for India, Brazil, and South Africa's UNSC aspirations.
Initially, there was an understanding that new members would back these aspirations. However, Egypt and Ethiopia, among others, argue that this condition wasn't explicitly communicated to them. Efforts to garner support for UNSC reforms, including backing for India's permanent membership, were highlighted in the Johannesburg Declaration 2023. Despite this, consensus among new members remains elusive.
Russia, set to host the BRICS Summit in October 2024, faces the challenge of aligning all members' positions on UNSC reform. India, alongside Brazil and #South_Africa, continues to advocate for expanded representation of developing countries. The upcoming BRICS Foreign Ministers meeting in Nizhny Novgorod will provide an opportunity to reassess members' stances on UNSC reforms and membership.
https://www.thehindubusinessline.com/economy/new-brics-members-not-keen-to-support-india-brazils-claim-to-unsc-permanent-seat/article68167729.ece
BusinessLine
New BRICS members not keen to support India, Brazil’s claim to UNSC permanent seat
India's hope for UNSC permanent membership faces challenges as new BRICS members like Egypt and Ethiopia seek equal consideration.
#South_Sudan denies #UAE interference in #Sudan peace talks
South Sudan has dismissed claims of United Arab Emirates (UAE) interference in the ongoing mediation efforts for a humanitarian ceasefire agreement between Sudan's military leadership and rebel groups.
Mubarak Ardol, a Sudanese opposition figure, alleged on social media that a UAE official visited rebel-controlled areas in South Kordofan after being in #Juba, suggesting the official vowed to undermine the agreement on delivering humanitarian aid to these regions.
However, South Sudan's Foreign Minister Ramadan Mohamed Abdallah Goch stated the talks have proceeded freely, without indications of outside influence. He praised the Sudanese leaders for prioritizing the people's interests.
Tut Gatluak, who chairs the mediation committee, also commended the process, calling on international support for implementing the outcomes to aid Sudan's peace process.
The mediation, initiated at the request of Sudan's Transitional Sovereign Council, aims to facilitate the delivery of aid to civilians impacted by fighting between Sudanese forces and rebels led by Abdel Aziz al-Hilu's Sudan People's Liberation Movement-North (SPLM-N) in South Kordofan and Blue Nile states.
https://sudantribune.com/article285775/
South Sudan has dismissed claims of United Arab Emirates (UAE) interference in the ongoing mediation efforts for a humanitarian ceasefire agreement between Sudan's military leadership and rebel groups.
Mubarak Ardol, a Sudanese opposition figure, alleged on social media that a UAE official visited rebel-controlled areas in South Kordofan after being in #Juba, suggesting the official vowed to undermine the agreement on delivering humanitarian aid to these regions.
However, South Sudan's Foreign Minister Ramadan Mohamed Abdallah Goch stated the talks have proceeded freely, without indications of outside influence. He praised the Sudanese leaders for prioritizing the people's interests.
Tut Gatluak, who chairs the mediation committee, also commended the process, calling on international support for implementing the outcomes to aid Sudan's peace process.
The mediation, initiated at the request of Sudan's Transitional Sovereign Council, aims to facilitate the delivery of aid to civilians impacted by fighting between Sudanese forces and rebels led by Abdel Aziz al-Hilu's Sudan People's Liberation Movement-North (SPLM-N) in South Kordofan and Blue Nile states.
https://sudantribune.com/article285775/
Sudan Tribune
Juba refutes claims of UAE interference in Sudan’s humanitarian talks
May 18, 2024 (JUBA) – South Sudan has described as “false” the social media statements made by a Sudanese political official, alleging the United Arab Emirates interference to sabotage the South Sudanese mediation efforts for a humanitarian ceasefire agreement…
#Sudan, #UAE clash at UN Security Council over support for #RSF
A heated exchange erupted at a Security Council session on Tuesday between Sudanese and Emirati delegates, with accusations flying over who is fueling the conflict in war-torn Sudan. Sudan's #UN representative, Al-Harith Idris, accused the UAE of supporting the "Rapid Support Forces" (RSF) and presented documents as evidence. He demanded the Security Council President publish these documents.
In response, Emirati representative Mohamed Abu Shehab dismissed the accusations as "ludicrous" and criticized Idris for representing only the Sudanese Armed Forces (#SAF). Abu Shehab highlighted the UAE's humanitarian aid efforts and questioned why the SAF obstructed aid and avoided peace talks. Idris retorted, accusing the UAE of sponsoring terrorism in Sudan and presented evidence to the Council. He emphasized Sudan’s desire for peace and criticized the RSF for not implementing the Jeddah Humanitarian Agreement of May 2023.
Abu Shehab reiterated that Sudan was using the Security Council to deflect from internal violations and stressed that negotiation is the only path to peace. The exchange highlighted ongoing tensions and accusations between the two nations, with Sudan urging the UN to condemn the UAE for alleged violations, including supporting the RSF with weapons.
https://sudantribune.com/article287166/
A heated exchange erupted at a Security Council session on Tuesday between Sudanese and Emirati delegates, with accusations flying over who is fueling the conflict in war-torn Sudan. Sudan's #UN representative, Al-Harith Idris, accused the UAE of supporting the "Rapid Support Forces" (RSF) and presented documents as evidence. He demanded the Security Council President publish these documents.
In response, Emirati representative Mohamed Abu Shehab dismissed the accusations as "ludicrous" and criticized Idris for representing only the Sudanese Armed Forces (#SAF). Abu Shehab highlighted the UAE's humanitarian aid efforts and questioned why the SAF obstructed aid and avoided peace talks. Idris retorted, accusing the UAE of sponsoring terrorism in Sudan and presented evidence to the Council. He emphasized Sudan’s desire for peace and criticized the RSF for not implementing the Jeddah Humanitarian Agreement of May 2023.
Abu Shehab reiterated that Sudan was using the Security Council to deflect from internal violations and stressed that negotiation is the only path to peace. The exchange highlighted ongoing tensions and accusations between the two nations, with Sudan urging the UN to condemn the UAE for alleged violations, including supporting the RSF with weapons.
https://sudantribune.com/article287166/
Sudan Tribune
Sudan, UAE clash at UN Security Council over support for RSF
June 18, 2024 (NEW YORK) – A Security Council session on Tuesday escalated into a fiery exchange between Sudanese and Emirati delegates, trading accusations over fuelling the conflict in war-torn Sudan. The Sudanese representative to the United Nations, Al…
#Ethiopia leads East Africa in Foreign Direct Investment
Ethiopia emerged as the top destination for foreign direct investment (#FDI) in East #Africa in 2023, securing $3.3 billion, according to the United Nations Conference on Trade and Development (#UNCTAD). This surpasses #Kenya’s $1.5 billion and #Uganda’s $2.9 billion in FDI.
Key drivers of Ethiopia's FDI success include public-private partnerships (PPP) and direct negotiations with foreign firms. Notably, #UAE’s AMEA Power is set to develop a $600 million, 300 MW onshore wind project in the #Somali Regional State.
Ethiopia's new policies allowing foreign investment in digital payment systems also bolstered FDI. #Safaricom M-PESA Mobile Financial Services PLC received a license to provide mobile financial services last year, growing its user base to 3.1 million in just four months.
https://addisstandard.com/?p=44463
Ethiopia emerged as the top destination for foreign direct investment (#FDI) in East #Africa in 2023, securing $3.3 billion, according to the United Nations Conference on Trade and Development (#UNCTAD). This surpasses #Kenya’s $1.5 billion and #Uganda’s $2.9 billion in FDI.
Key drivers of Ethiopia's FDI success include public-private partnerships (PPP) and direct negotiations with foreign firms. Notably, #UAE’s AMEA Power is set to develop a $600 million, 300 MW onshore wind project in the #Somali Regional State.
Ethiopia's new policies allowing foreign investment in digital payment systems also bolstered FDI. #Safaricom M-PESA Mobile Financial Services PLC received a license to provide mobile financial services last year, growing its user base to 3.1 million in just four months.
https://addisstandard.com/?p=44463
Addis Standard
Ethiopia leads East Africa in Foreign Direct Investment - Addis Standard
Ethiopia leads East Africa in Foreign Direct Investment Addis Standard -
#UAE pledges $28 million in aid to bolster humanitarian efforts in #Sudan, #South_Sudan
The United Arab Emirates (UAE) has committed a significant $28 million to support critical humanitarian efforts in Sudan and neighboring countries. This announcement comes on the heels of a $20 million agreement finalized on Wednesday with the United Nations High Commissioner for Refugees (#UNHCR) in #Geneva.
This vital financial assistance aims to alleviate the suffering of displaced people and refugees grappling with a brutal civil conflict that has ravaged Sudan for over a year.
In addition to the UNHCR partnership, the UAE also pledged a further $8 million to the World Health Organization (#WHO) at its headquarters in Geneva. This contribution will specifically support the WHO's critical initiatives aimed at bolstering healthcare infrastructure and delivering essential medical services within Sudan.
https://www.thenationalnews.com/news/uae/2024/06/27/uae-sudan-aid/
The United Arab Emirates (UAE) has committed a significant $28 million to support critical humanitarian efforts in Sudan and neighboring countries. This announcement comes on the heels of a $20 million agreement finalized on Wednesday with the United Nations High Commissioner for Refugees (#UNHCR) in #Geneva.
This vital financial assistance aims to alleviate the suffering of displaced people and refugees grappling with a brutal civil conflict that has ravaged Sudan for over a year.
In addition to the UNHCR partnership, the UAE also pledged a further $8 million to the World Health Organization (#WHO) at its headquarters in Geneva. This contribution will specifically support the WHO's critical initiatives aimed at bolstering healthcare infrastructure and delivering essential medical services within Sudan.
https://www.thenationalnews.com/news/uae/2024/06/27/uae-sudan-aid/
#UAE, #Ethiopia sign currency swap agreement with value of up to $817 million
The central banks of the United Arab Emirates (UAE) and Ethiopia on Tuesday signed a bilateral currency swap agreement with a value of up to 3 billion dirhams ($816.79 million).
The two central banks also signed preliminary agreements to establish a framework for the use of local currencies in settling cross-border transactions and for linking their payment and messaging systems. https://www.reuters.com/business/finance/uae-ethiopia-sign-currency-swap-agreement-with-value-up-817-million-2024-07-16/
The central banks of the United Arab Emirates (UAE) and Ethiopia on Tuesday signed a bilateral currency swap agreement with a value of up to 3 billion dirhams ($816.79 million).
The two central banks also signed preliminary agreements to establish a framework for the use of local currencies in settling cross-border transactions and for linking their payment and messaging systems. https://www.reuters.com/business/finance/uae-ethiopia-sign-currency-swap-agreement-with-value-up-817-million-2024-07-16/
Reuters
UAE, Ethiopia sign currency swap agreement with value of up to $817 million
The central banks of the United Arab Emirates (UAE) and Ethiopia on Tuesday signed a bilateral currency swap agreement with a value of up to 3 billion dirhams ($816.79 million).
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#Ethiopia -#UAE - The National Bank of Ethiopia (#NBE), and the Central Bank of the United Arab Emirates (#CBUAE) today signed currency swap agreement and MoUs “to promote the use of domestic currencies and interlink their payment and messaging systems.”
Mamo E. Mihretu, Governor of the NBE, and Khaled Mohamed Balama, Governor of the CBUAE, respectively, commented on the agreement.
Read the full statements here: https://x.com/addisstandard/status/1813242068917015010
Mamo E. Mihretu, Governor of the NBE, and Khaled Mohamed Balama, Governor of the CBUAE, respectively, commented on the agreement.
Read the full statements here: https://x.com/addisstandard/status/1813242068917015010
Mohammed bin Zayed and #Sudan's Burhan speak in call mediated by #Ethiopia
Sudanese army chief Abdel Fattah al-Burhan and United Arab Emirates (#UAE) President Mohammed Bin Zayed spoke to each other on Thursday in a phone call mediated and arranged by Ethiopian Prime Minister Abiy Ahmed.
Multiple Sudanese and diplomatic sources told Middle East Eye that Abiy had mediated the phone call following his recent trip to Port Sudan to meet with Burhan and in the wake of a $817m bilateral currency swap agreement between the UAE Central Bank and the National Bank of Ethiopia.
It was the first conversation between the two leaders since June 2023, when the Sudanese army accused the UAE at the UN Security Council of providing weapons and support to the paramilitary Rapid Support Forces (RSF), which the army has been at war with since 15 April last year.
“During the visit of Abiy Ahmed, he convinced Burhan to ease the tension with the UAE, telling him that this was also the desire of the Emirati leadership, including the head of state Mohammed bin Zayed,” the source close to the army said.
https://www.middleeasteye.net/news/mohammed-bin-zayed-and-sudans-burhan-speak-call-mediated-ethiopia
Sudanese army chief Abdel Fattah al-Burhan and United Arab Emirates (#UAE) President Mohammed Bin Zayed spoke to each other on Thursday in a phone call mediated and arranged by Ethiopian Prime Minister Abiy Ahmed.
Multiple Sudanese and diplomatic sources told Middle East Eye that Abiy had mediated the phone call following his recent trip to Port Sudan to meet with Burhan and in the wake of a $817m bilateral currency swap agreement between the UAE Central Bank and the National Bank of Ethiopia.
It was the first conversation between the two leaders since June 2023, when the Sudanese army accused the UAE at the UN Security Council of providing weapons and support to the paramilitary Rapid Support Forces (RSF), which the army has been at war with since 15 April last year.
“During the visit of Abiy Ahmed, he convinced Burhan to ease the tension with the UAE, telling him that this was also the desire of the Emirati leadership, including the head of state Mohammed bin Zayed,” the source close to the army said.
https://www.middleeasteye.net/news/mohammed-bin-zayed-and-sudans-burhan-speak-call-mediated-ethiopia
Middle East Eye
Mohammed bin Zayed and Sudan's Burhan speak in call mediated by Ethiopia
Ethiopian Prime Minister Abiy Ahmed sets up call between two leaders, as Sudanese army continues to accuse UAE of arming and funding its rival
#Ethiopia, #UAE launch ‘5 million Ethiopian Coders’ initiative in #Addis_Abeba
The joint initiative, which is an offshoot of a proposal by by Sheikh Mohammed Bin Rashid Al Maktoumm, Vice President, Prime Minister and Ruler of Dubai, at the 2017 World Economic Forum under the “One Million Arab Coders” program, aims to provide basic digital literacy training to 5 million Ethiopian youth by 2026 with a target if making at least 50% of the trainees to be young women.
The training programs are expected to equip youth from all regions, with a focus on rural areas by partnering with schools, TVET institutes, and other centers to integrate training into the schools’ curriculum, according to the stated objectives of the joint initiative. https://addisstandard.com/?p=44896
The joint initiative, which is an offshoot of a proposal by by Sheikh Mohammed Bin Rashid Al Maktoumm, Vice President, Prime Minister and Ruler of Dubai, at the 2017 World Economic Forum under the “One Million Arab Coders” program, aims to provide basic digital literacy training to 5 million Ethiopian youth by 2026 with a target if making at least 50% of the trainees to be young women.
The training programs are expected to equip youth from all regions, with a focus on rural areas by partnering with schools, TVET institutes, and other centers to integrate training into the schools’ curriculum, according to the stated objectives of the joint initiative. https://addisstandard.com/?p=44896
Addis Standard
Ethiopia, UAE launch ‘5 million Ethiopian Coders’ initiative in Addis Abeba - Addis Standard
Ethiopia, UAE launch ‘5 million Ethiopian Coders’ initiative in Addis Abeba Addis Standard -