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Benin Boils Ahead of Sunday Presidential Election As One Dies

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Reports reaching The Boss at the moment say that situations are getting out of hand in the Republic of Benin as incumbent President, Patrice Talon seeks to be reelected in the forthcoming April 11, 2021 election.

A source, who sought anonymity, told The Boss that sporadic gunshots rent the air as people were seen running helter-skelter and scampering for safety, adding that the lifeless body of a middle age man, was seen on the street with bullet wounds.

According to a Yahoo report, “Protests broke out in Benin Tuesday in another day of tensions as opposition demonstrators burned property of pro-government deputies and blockaded roads, days before President Patrice Talon faces an election.

“Tensions have erupted in several towns around the West African country since Monday night, local residents and witnesses said, in the lead-up to Sunday’s ballot in which Talon is strongly favoured to win a second term.

“Benin has long been seen as a vibrant multi-party democracy but critics say under Talon the country has veered into authoritarianism and opponents have been sidelined by a crackdown.

“In Save in the central north region, a stronghold of former President Boni Yayi, angry youths ransacked a toll station at the entrance from the city, local residents said.

“‘A dozen young people dismantled the toll facilities,” said Simboti Tcheitcha Victorine, a motorist who retreated to a nearby town. “Others chanted slogans hostile to President Patrice Talon.”

“Motorcycles and several vehicles were also burned in the home of a pro-Talon lawmaker, local sources said.

“Opposition leaders say the April 11 election is already rigged in favour of Talon, a cotton magnate first elected in 2016.

“Towards the north, the Save-Tchaourou route was still blocked Tuesday afternoon by tree trunks and burnt tires, witnesses reported.

“In Tchaourou, the hometown of Yayi, young demonstrators attempted to attack a military vehicle, but a military source told AFP that the driver and the vehicle suffered no damage.”

– Opposition figures exiled –

“Talon is running against two little-known rivals, Alassane Soumanou and Corentin Kohoue.

“Government officials have dismissed opposition calls to rally in the streets and said the election will go ahead without any problems.

“‘We have demonstrated that we are a democratic state,” government spokesman Alain Orounla said.

“‘In accordance with democratic rules, we tolerate these little scuffles that we are not going to allow to continue because Beninese must go and vote in peace.”

“Benin’s main opposition figures either live in exile or have seen their candidacies rejected, due to political reforms opposed by a large part of the political class as unfair.

“Several opposition leaders have taken to social media to call for demonstrations.

“Former finance minister Komi Koutche called from exile for people to take to the streets to “mark the end of the Republican mandate handed over to Talon”.

“On Monday evening, groups of several dozen and at times even a few hundred demonstrators gathered in multiple towns in the centre and north of the country, known to be opposition strongholds, where Talon campaign vehicles were ransacked.

“In the economic capital Cotonou, marks of the previous night’s protests were still visible Tuesday at the city’s Red Star Square where the tarmac was charred from burnt tyres.

“In Parakou, in the north, another stronghold of Yayi, Talon’s campaign headquarters were vandalised, along with the premises of a private radio station.

“On Tuesday morning in the capital Porto Novo, dozens of supporters of Sebastien Ajavon, who came third in the last presidential election and who is also living in exile, “invited the army to take power” during a demonstration.

“On Monday, a senior Benin judge fled the country, condemning political pressure to convict and detain an opposition candidate in early March.

“At the time of his election in 2016, Talon had said he wanted to serve a single term. But he changed his position, announcing his candidacy in mid-January.”

The Benin election is expected to hold on Sunday, April 11, 2021. However, opposition parties are not convinced that the polls will be free and fair. They believe the election is already rigged in favour of the incumbent president, Talon.

Culled from Yahoo!News

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Africa

AfreximBank Inaugurates Kigali’s Office of Fund for Export Development in Africa

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By Dolapo Aina

On Wednesday, the 20th of March 2024, The African Export Import Bank (Afreximbank)’s Fund for Export Development in Africa inaugurated its’ Kigali office with a keen eye on addressing Africa’s $110 billion equity financing shortfall. The bank unveiled its Fund for Export Development in Africa (FEDA) office in Kigali, capital of Rwanda.

While the Fund for Export Development in Africa (FEDA) became the Fund Manager of the US$1 billion AfCFTA Adjustment Fund in 2023, it is noteworthy to state that the Fund for Export Development in Africa is the impact investment subsidiary of Afreximbank set up to provide equity, quasi-equity, and debt capital to finance the multi-billion-dollar funding gap especially in equity which are needed to transform the trade sector on the African Continent.

According to an official statement by Afreximbank, FEDA pursues a multi-sector investment strategy along the intra-African trade, value-added export development, and manufacturing value chain which includes financial services, technology, consumer and retail goods, manufacturing, transport and logistics, agribusiness, as well as ancillary trade enabling infrastructure such as industrial parks.

The statement by Afreximbank further stated that FEDA was established to tackle Africa’s US$110 billion financing gap for intra-African trade, value-added export development, and industrialisation value chains, with Rwanda being the first among fifteen African nations to ratify its establishment agreement.

The event had in attendance Dr. Edouard Ngirente, the Prime Minister of the Republic of Rwanda’ President and Chairman of the Board of Directors of Afreximbank, Professor Benedict Oramah; Executive Vice Presidents of Afreximbank, members of the Board of Directors of FEDA including Ms. Marlene Ngoyi, who is the Chief Executive Officer of FEDA; officials from the Rwandan Government; representatives from the business and diplomatic communities in Rwanda; just to name a few.
Rwanda’s Prime Minister Dr. Ngirente stated: “The establishment of FEDA in Rwanda reflects Rwanda’s commitment to not only fostering economic development within our borders but also to playing a pivotal role in the economic transformation of our continent. This initiative is a step closer to the realisation of the goals outlined in the Agenda 2063 of the African Union which lays great emphasis on the transformation of African economies and acceleration of economic growth on the continent.” The Prime Minister of Rwanda highlighted the fact that despite Africa’s significant resource endowments and contiguous markets, the continent had the lowest level of intra-regional trade in the world, adding that the continent’s share of value created remained the lowest across many products and commodities due to sub-optimal value addition.

President of Afreximbank, Professor Benedict Oramah in his speech stated that: “FEDA adds to the pool of institutions helping Africa to create its own capital base for development. With a focus on providing long-term, patient capital targeting all segments, from SMEs to corporates, and cutting across dynamic sectors of value-addition, services, and technology, FEDA is positioned to drive Africa’s development under a new vision of de-commoditised, growth-oriented pathways underpinned by a dynamic private sector. We all share the view that the goals of the African Continental Free Trade Agreement (AfCFTA) will be a mirage, and its benefits will accrue to others unless tangible steps are taken to create tradable goods and services for the continental market. We also do recognise that the benefits of the Free Trade Agreement will not be evenly shared among all Participating States if pragmatic steps are not taken to equip all economies, especially small and fragile economies, with the capacity to produce goods or provide essential services necessary for the conduct of trade within the continent.”

Professor Benedict Oramah went further: “Less than four years since the commencement of operations, the evidence of the strategic importance of this institution is beginning to show as it has started to leave impactful footprints across the continent. Funds Under Management under different strategies amount to about 800 million US dollars. FEDA is using some of these funds to create and mobilise additional funds and is currently a co-promoter of a 500 million US dollar Africa Credit Opportunity Fund (ACOF). With seed funding provided by Afreximbank, it is also creating a 100 million US dollar Venture Capital Fund to focus on start-ups and SMEs. In 2023, FEDA became the Fund Manager of the 1 billion US dollar AfCFTA Adjustment Fund. Thanks to the equity and supporting debt instruments offered by Afreximbank, industrial complexes are emerging across Africa. The Fund has supported the emergence of Special Economic Zones in Gabon, Benin, and Togo. These Industrial Zones have changed the profiles of the countries from commodity-exporting countries to exporters of value-added or manufactured goods, attracting multiple times the values gained from commodity exports, helping to achieve economic diversification, creating dynamic local economies with strong domestic supply chains and, above all, jobs and stable incomes for the people. Similar investments are spreading and are expected to reach at least twenty countries, including Rwanda, Malawi, Cote d’Ivoire, Nigeria, Kenya, Congo Democratic Republic, the Republic of Chad, and Zambia, by year-end.”

On Rwanda, Professor Benedict Oramah posited in his speech that “Rwanda is also poised to benefit significantly. On the heels of the various supports provided by Afreximbank to Rwandan public and private sector entities, FEDA has progressed a significant deal pipeline in Rwanda. A number of investments are being processed across many sectors and industries, ranging from transport and trade logistics, manufacturing, agro-processing, and power generation. These equity investments, amounting to about 50 million US dollars, when concluded, will complement the over 300 million US dollars disbursed to Rwandan entities by Afreximbank in the past 5 years, boost local industrial actives, create domestic value chains, and elevate Rwanda’s preparedness to harness the benefits of the AfCFTA.”

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President Hage Gottfried Geingob: A Nigerian’s Tribute to the Remarkable Pan-African Leader

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By Dolapo Aina

When great men and women pass away, you pretty much remember with clarity where you were when you heard the news. Same goes for monumental historical events. You would recollect and not forget where you were or what you were up to. Sunday, the 4th of February 2024 was one of those days for Namibians, friends of Namibia and Namibians, Africa and the entire world.
I commence this long piece with a question. Where were you when you heard about the death of President Hage G. Geingob of Namibia on February 4th, 2024?
I was getting ready and preparing to attend church service in Kigali, Rwanda.

Considering that I had been following President Geingob’s health status since the last week of January 2024 when the Presidency revealed the President’s condition and his subsequent trip to the United States of America; like everyone else, I was of the opinion that President Geingob would get better. Alas, the sudden news on that fateful Sunday. Like everyone else, I was so certain the President would pull through that I sent in a letter requesting for an interview (later on in 2024 to talk about his life after office et al) to the Office of the Presidency ahead of President Geingob’s recovery. Alas, the sudden news of President Geingob’s demise.

On Saturday, the 24th of February 2024, I spent the large part of my Saturday watching people line up the streets from Parliament Gardens to Robert Mugabe Avenue, Sam Nuyoma drive; as the casket carrying the late President of Namibia; Dr Hage G. Geingob made a vehicular procession to the independence stadium in Windhoek.

Namibians loved their President and you could see it from people who came out in their thousands to pay their last respects to their beloved President. He was truly the people’s President.

He regaled me with historical happenings which were not only stories to him because he knew the actors on a personal level. I knew I had met more than my match when it comes to Pan Africanism and stories when he told me of stories of Castro, Che Guevera etc. From the global perspective, America and Africa were the regions to be in the 1960s and he saw it all as he was in the thick of things in that era. I came out of the State House in Windhoek realising I had interacted with an African witness of historical events in Africa and America, Latin and Central Americas. A sincere man. An internationalist. A Pan Africanist. When you met and spoke with the President, the connection is always deep.

That day, I left State House in Windhoek, went back to the venue of the event I was to attend and, in the evening, I did a lot of research on some of the things he told me to research on which was about his Nigerian mentor of 40 years, Professor Adebayo Adedeji. Professor Adedeji was the Under- Secretary-General and Executive Secretary of the United Nations Economic Commission for Africa (ECA) from 1975 to 1991. Speaking of Nigeria and President Geingob’s excellent memory, when I realised his strong connection to Nigeria, I remember during our conversation, I asked him if he knew some prominent diplomats whom I knew personally like Ambassador Olusegun Olusola who was Nigeria’s Ambassador to Ethiopia in the 1980s. He remembered him. Same response to Professor Bolaji Akinyemi but a faint recollection of General Ike Nwachukwu. Both were Nigeria’s Foreign Affairs Ministers in the 1980s and 1990s.
Liverpool FC defeated Chelseas FC to win the EPL Cup on the same day President Geingob was being buried. The President was a strong supporter of Liverpool as I got to know during my interview with him. Considering African countries like Rwanda have partnerships with some football clubs, I asked during our conversation before the interview why cannot Namibia do likewise since The Land of The Brave had vast array of tourism locations. President Geingob replied that President Paul Kagame was on a State Visit in August 2019 and had been seen the beautiful country. President Geingob’s response to my question of sports cum country branding was that there would be an uproar in Namibia by Namibians. This made me realise the myriad of complexities faced by African Presidents steering their citizens for the collective good of the country.

Sitting down with President Hage G. Geingob and discussing at length, I remember the joke he cracked when he walked in. He stated; “You are a very tall man and taller than me. I don’t grant interviews to people taller than me.” I wasn’t expecting that joke which got everyone in stitches. My response was that I was still getting taller. I remember I had to inform him about his impeccable dress sense complete with pocket square, President Geingob smiled and complimented me too. I remember what struck me when I came out of the State House was that leadership is not a tea party. Presidents of Governments go through a lot which they don’t usually divulge to the public and their citizens. They carry that burden and usually keep sealed lips. My circa two-hour interaction with President Hage Geingob, I came to see the responsibilities of being an African President from a different perspective thereafter. He was a Pan African storyteller and orator with receipts (as Generation Zs would say).

During my interview with President Geingob, my final question to him was; “What is the title of the book you are currently reading?” His response commenced with his trademark infectious laugh and he went on to inform me that he was writing a book on a collection of subject matters.

My hope is that his book would be published and the world would have more than a glimpse into the brilliant mind of President Hage Geingob of Namibia. A President whose untimely demise revealed Namibia’s democracy. A seamless transition of governance. A beacon of democracy.
Watching the ceremonial route procession entourage of military vehicles (High Mobility Multipurpose Wheeled Vehicles aka Humvees) drive through the roads of Windhoek, and seeing the camera angle of the national broadcaster NBC which focused on the military vehicle towing the casket draped in the flag of Namibia, as an African who met Namibia’s President Geingob and who was welcomed into his office and felt welcomed, chatted, spoke and interviewed the President; at 1.04pm on that Saturday, I had to raise my hand for a 2 minute salute and thereafter looked for some tissue papers. The side view angle of the NBC camera of the military Humvee and the casket was very poignant and would remain embedded in my memory (not an image I would share).

Those who knew President Hage G. Geingob personally or met him during the time he spent on this earth and to those whom he decided to pour wisdom (Presidential, fatherly, diplomatic or Pan-African) into; they never remain the same. You are awakened with a lifelong responsibility and you know what it is. Like former First Lady Monica Geingos said, President Geingob left a clear road map for his family and nation. Those who met him and spoke with him extensively would know they were also given a road map.

To all those who would visit Namibia in the near future, I would implore you to pay your respects by visiting the Heroes’ Acre which is an official war memorial of the Republic of Namibia. Built into the uninhabited hills ten kilometres south of the city centre of Windhoek. This is the final resting place of Namibia’s President Hage Gottfried Geingob. May his gentle soul rest in peace. Amen.

Dolapo Aina writes from Kigali, Rwanda

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ECOWAS Makes U-turn, Lifts Sanctions on Burkina Faso, Guinea, Mali, Niger Republic

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The Economic Community of West African States (ECOWAS) has resolved to lift some sanctions on Burkina Faso, Guinea, Mali and Niger Republic.

The resolution was taken at the extraordinary summit on the peace, political, and security situation in the ECOWAS sub-region in Abuja on Saturday.

While the regional bloc said the political and targeted sanctions on the Niger Republic remain, it lifted some financial and economic sanctions on Guinea and other sanctions on Mali.

Following the military coup in Niger Republic on July 26, 2023, which toppled President Mohamed Bazoum, ECOWAS imposed several sanctions on the country.

But reading the communique after the emergency summit of the West African bloc on Saturday, ECOWAS Commission President, Omar Alieu Touray, reeled out some of the sanctions the Authority resolved to lift.

They include the closure of land and air borders between all ECOWAS countries and Niger Republic; no flight zone to all commercial flights to and from the Niger Republic, suspension of all commercial and financial transactions between ECOWAS member states and Niger Republic and freezing of all service transactions including utility services.

Other sanctions on Niger lifted are the freezing of assets of Niger Republic in all ECOWAS Central banks; freezing of assets of Niger State and the state enterprises and parastatals in commercial banks; suspension of Niger Republic from all financial assistance and transactions with all financial institutions lifted and travel bans on the military officials and their families involved in the coup attempt.

Touray said that the decision by ECOWAS is based on humanitarian considerations especially “as we are in the month of Lent and as we prepare for the holy month of Ramadan”.

He noted that the authority also resolved to lift the sanctions regarding the recruitment of Malian citizens in statutory and professional positions within ECOWAS as well as lifting financial and economic sanctions on the Republic of Guinea.

The ECOWAS President added that he has been instructed by the Commission to invite Burkina Faso, Niger, Mali, and Guinea to attend the technical and consultative meetings of ECOWAS as well as all security-related meetings.

ECOWAS directed all its institutions, member states, and other regional institutions to implement these decisions.

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