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Inaugural Baku Climate Action Week Announced for September

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As Azerbaijan prepares to host COP29 in November, the city of Baku is gearing up to host the inaugural Baku Climate Action Week to engage and mobilise society ahead of the United Nations Climate Change Conference.

Held under the auspices of the COP29 High-Level Champion, Nigar Arpadarai, Baku Climate Action Week will take place from Monday 30 September to Friday 4 October. Working in partnership with London Climate Action Week, now the world’s largest whole of society city-based climate action event, Baku Climate Action Week will feature a range of high-level international conferences alongside multistakeholder local and community events.

The week will take place amid a busy calendar for the COP29 Presidency and highlight the myriad ways the city of Baku and country of Azerbaijan are addressing climate change and inviting international collaboration to deliver climate action.

Baku Climate Action Week is another important milestone in the deepening national conversation to accelerate action on climate change in Azerbaijan. Engaging everyone from political and business leaders to local communities and young people, it will serve as an educational and inspirational platform to address Azerbaijan’s current challenges due to climate change and explore the opportunities presented by the green transition.

Aid teams cite huge challenges in tackling new Sudan cholera outbreak

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Protecting war-weary people in Sudan from a second deadly cholera outbreak is proving a huge challenge for aid teams after more than 16 months of heavy fighting, combined with flooding and ongoing access obstacles, they reported on Friday.

“The needs are huge in Sudan; we are talking about people dying of hunger, we have conflict, we have protection issues, we have displacements on a daily basis; the needs are just huge,” compounded by several weeks of heavy rainfall, said Kristine Hambrouck, UNHCR Representative in Sudan.

Famine ‘ongoing’

In addition to cholera, famine is still “ongoing” in Zamzam camp near El Fasher town, according to the UN World Health Organization (WHO). It said that 658 cases have been reported since the latest outbreak was declared on 12 August, with 28 deaths. The last outbreak of cholera in May saw more than 11,300 cases and at least 300 deaths.

Underscoring the dire humanitarian situation across Sudan, WHO also warned that at least 12 of Sudan’s 18 states now face three or more disease outbreaks of cholera in addition to malaria, measles and/or dengue.

Yet despite the urgent need for lifesaving healthcare interventions, the UN health agency said that resources and local capacity to detect and respond to outbreaks remain limited, particularly in hard-to-reach areas such as the Darfurs and Kordofan states.

Kassala, Gedaref, Jazirah at risk

Meanwhile, the UN refugee agency’s Ms. Hambrouck warned that cholera is spreading in areas hosting internally displaced people uprooted by the violence and those from other countries, in particular Kassala, Gedaref and Jazirah states.

“We have seen quite large numbers of cholera cases in Kassala; Kassala is an important area for us, it hosts a large number of refugees, but also internally displaced. So far, we have 119 cholera cases in three refugee sites in Kassala and five refugees have passed away regretfully of the disease.”

The UNHCR official highlighted the difficulty of trying to address this latest emergency in Sudan, where fighting between rival militaries erupted in April 2023 over a proposed transition to civilian rule, following a military coup in 2021 and the 2019 ousting of long-time President Omar Al-Bashir.

“This is just one (challenge), one on top of all the other ones that we somehow have to reprioritize and make sure that investments are being made,” she said, emphasizing that in refugee camps and displacement sites, “people live on top of each other” and are “hugely overcrowded with the movements of Sudanese (and) also refugees from Khartoum, from Wad Madani, from the Darfurs” to Kassala.

“All these areas have become hugely overcrowded, the water systems that were in place do not have the capacity to respond, it really needs massive investments,” she insisted.

Vaccine success

An initial vaccination campaign has successfully protected more than 50,000 people from cholera, with hundreds of thousands more doses on the way.

“The vaccination campaign already started and we used the 51,000 doses that were already in the country,” said Dr Shible Sahbani, WHO Representative in Sudan. Speaking from Port Sudan, he confirmed that the inoculation campaign concluded in Kassala state on Thursday.

“We were aiming to reach the 97 per cent of the target population,” he said, adding that the UN health agency has also secured the approval to procure an additional 455,000 doses of cholera vaccine – “good news in the middle of this horrible crisis”.

Elsewhere, aid access problems have continued to interrupt the humanitarian response. “We are still facing some obstacles and some challenges, either because there is a miscommunication between the decision-makers and those who are on the field, or because there are other issues. Of course, this is in addition to other challenges due to floods and the quality of the roads,” Dr Sahbani said.

Echoing that message, the UN aid coordination office, OCHA, said that the 15 trucks that crossed into Sudan from Chad via the Adre crossing earlier this week were “a step in the right direction”.

But transport conditions remain difficult because of the rainy season said spokesperson Jens Laerke, who underscored the importance of ensuring that aid trucks can continue to cross there “and secure a steady flow of food, nutrition, water, sanitation, hygiene and medical emergency supplies for people in more than a dozen areas at risk of famine”.

Seeds of hope

Vital farming supplies including seeds are among the supplies being transported into Darfur, the OCHA spokesperson noted. “This is an important point, because they need to plant before the rainy season ends. Boosting food production in Sudan is one of the most effective ways to address the overwhelming hunger crisis, which is only worsening after more than 16 months of conflict.”

Since the start of the conflict in Sudan, more than 10.3 million people have been driven from their homes inside Sudan or in neighbouring countries, according to UNHCR.

It emphasized that the humanitarian situation and funding levels for the lifesaving aid response were “already precarious” before the latest cholera outbreak, and that funds are urgently needed to support an expansion of cholera treatment centres and other health facilities, additional health staff and increased stocks of intravenous fluid and medicines.

Response plan frustrated

Of the $1.5 billion required by UNHCR and other partners for the Regional Refugee Response Plan to provide assistance in countries bordering Sudan, just 22 per cent has been received. The inter-agency response inside Sudan is only 37 per cent funded.

“I think the funding levels are extremely challenging and do not allow us to address all the needs, both in Sudan, as well as across the border. So, this really, it really requires an international effort to make sure that we can stabilize at least this cholera situation,” said Ms. Hambrouck.

Distributed by APO Group on behalf of UN News.

The Government of the Republic of Rwanda, the African Union Commission (AUC), and the United Nations High Commissioner for Refugees (UNHCR): Extend Agreement to Continue Evacuation of Refugees and Asylum Seekers from Libya

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The Government of the Republic of Rwanda, the African Union Commission, and UNHCR, the UN Refugee Agency, on 22nd August 2024 signed the Second Addendum to the Memorandum of Understanding (MOU) dated 10 September 2019, extending the Emergency Transit Mechanism (ETM) from the State of Libya to the Republic of Rwanda.

This addendum will ensure the continuation of the established ETM in Rwanda until 31st December 2025. The agreement reaffirms the commitment of all parties to provide protection and seek durable solutions for refugees and asylum-seekers evacuated from Libya. While maintaining its core mission, the ETM in Gashora, Rwanda will continue to provide a safe haven for refugees and asylum-seekers evacuated from Libya. In this respect, the Government of Rwanda reaffirms its unwavering commitment to receive and protect these individuals, as well as others identified as particularly vulnerable and at-risk.

The second addendum emphasizes a more transparent selection process for evacuees, to ensure equal opportunities for all potential candidates regardless of nationality, ethnicity, race, gender, age, or any criteria other than their vulnerability; it also reinforces and strengthens information sharing and reporting mechanisms between UNHCR, the Government of Rwanda, and the African Union, in the implementation of solutions for evacuated individuals; as well as seeks to expand comprehensive efforts to find alternative durable solutions for evacuees who do not qualify for refugee status and, are not willing to request a longer stay in Rwanda, including exploring options such as voluntary return, resettlement, family reunification, and access to other solutions in third countries; and finally, it acts to reiterates the commitment of all parties to undertaking bi-annual joint monitoring missions to inspect the entire process, thereby ensuring transparency and continuous improvement of the ETM operations.

The African Union Commission will continue to provide high-level political support, capacity development, and resource mobilization, as well as enhancement of joint coordination mechanisms. UNHCR will continue to provide protection and required assistance, including shelter, food, healthcare, and other essential services for evacuees during their stay in Rwanda.

Since the ETM in Rwanda was established in September 2019, 2,355 refugees and asylum seekers from Eritrea, Sudan, South Sudan, Somalia, Ethiopia, Nigeria, Chad, Cameroon, Guinea, Cote d’Ivoire and Mali, have been evacuated from the State of Libya, in 18 flights. UNHCR and the Rwanda authorities will continue to conduct individual registration of all the individuals evacuated and issue Proof of Registration (POR) documents that allow them to travel within the country and access assistance provided in the centre. A total of 1,813 refugees have been resettled to third countries, finding a lasting solution to displacement.

The AUC and UNHCR commend the support of the international community in this regard and further calls for renewed commitment towards the implementation of this agreement, including assistance to persons of concern currently in Libya. They also encourage other countries to follow Rwanda’s example in providing safe haven for vulnerable refugees and asylum seekers.

Distributed by APO Group on behalf of African Union (AU).

Afreximbank Facilitates US$650-Million Financing for Oando’s Acquisition of Nigerian Agip Oil Company Limited’s (NAOC’s) 20% Interest in Nigerian Joint Venture

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African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to finance Oando’s acquisition of the 20 per cent participating interest held by Nigerian Agip Oil Company Limited (NAOC) in the NEPL/NAOC/Oando Joint Venture in Nigeria.

The joint venture, with significant oil and gas assets, including oil mining licenses 60, 61, 62 and 63, has produced 4.4 billion barrels of oil and 12 trillion cubic feet of natural gas to date, with 1.2 billion barrels of oil and 10.7 trillion cubic feet of natural gas remaining.

Afreximbank, retained as mandated lead arranger for the transaction, also served as bookrunner, coordinator, underwriter, escrow agent, facility agent and security trustee, and also participated and underwrote US$350 million of the facility.

Also participating in the transaction were Indorama Eleme Petrochemicals Limited, with US$150 million, and Mercuria Energy Group, with US$150 million.

Oando expects the acquisition to significantly enhance its production capacity from the current 20,000 barrels of oil equivalent per day (kboe/day) to 60,000 kboe/day, effectively boosting Nigeria’s oil output and reinforcing the country’s position in the global energy market. It also expects the transaction to drive local economic growth by creating jobs, improving infrastructure and fostering technological advancements in the oil and gas sector.

Leading the Oando participation at the closing ceremony held in London, United Kingdom on August 22, 2024, was Mr. Wale Tinubu CON, the Group Chief Executive. He was accompanied by representatives of ENI S.P.A. led by Guido Brusco, Group Chief Operating Officer and representatives from Mercuria Energy Group. Afreximbank was represented by Mr Peter Adeshola Olowononi, Head, Client Relations, Anglophone West Africa and Mrs Ketiwe Lwando, Manager Structured Trade&Commodity Finance.

Commenting on the transaction, Mr. Haytham Elmaayergi, Executive Vice President, Global Trade Bank, Afreximbank, said that the facility marked a critical step in advancing the Bank’s strategy for promoting local content in Africa’s oil and gas sector.

“By supporting the acquisition of key energy assets by an indigenous company like Oando, the Bank is fostering economic empowerment, enhancing regional trade, and contributing to the sustainable development of Africa’s natural resources,” he said.

He described the transaction as a significant milestone in Nigeria’s upstream oil and gas sector, saying that it underscored the increasing role of local companies in the ownership and operation of critical energy assets, in line with Nigeria’s local content policy, energy security and economic sovereignty strategy.

Mr. Wale Tinubu CON, Group Chief Executive OANDO, noted: “Today’s announcement is the culmination of ten years of toil, resilience, and an unwavering belief in the realisation of our ambition since the 2014 entry into the Joint Venture via the acquisition of Conoco-Philips Nigerian Portfolio. It is a win for Oando, and every indigenous energy player, as we take our destiny in our hands, and play a pivotal role in this next phase of the nation’s upstream evolution. With our assumption of the role of operator, our immediate focus is on optimizing the assets’ immense potential, advancing production and contributing to our strategic objectives. This we will do while prioritizing responsible practices and sustainable development in ensuring a balanced approach to our host communities, and environmental stewardship as we complement the nation’s plan to boost production output.

We thank Afreximbank for its unwavering leadership in bridging the trade finance gap in Africa and ensuring that Oando can consolidate its stake in the Joint Venture via the acquisition of NAOC 20% stake.”

NAOC is a subsidiary of Italian multinational ENI S.P.A.

Distributed by APO Group on behalf of Afreximbank.

Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com  

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About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2023, Afreximbank’s total assets and guarantees stood at over US$37.3 billion, and its shareholder funds amounted to US$6.1 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com.