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Archive for the tag “DP World Port”

Somalia’s destiny lies in the hands of the people, highlights outgoing UN envoy (14.09.2018)

Despite remarkable achievements in Somalia in the recent past, structural challenges remain and continue to undermine the country’s security and political stability, the United Nations envoy for the country has warned.

DAKAR, Senegal, September 14, 2018 – Briefing the Security Council for the last time in his capacity as UN Special Representative for Somalia, Michael Keating called on all Somalis to draw strength from the positive transformations going on inside the country and work collectively for the common good.

“The future of Somalia is in the hands of the Somalis,” he declared.

In particular, Mr. Keating – who also heads the UN Assistance Mission in Somalia (UNSOM) – urged unity among political leaders.

“The more [they] show unity, the greater the opportunity, and the responsibility, of international partners to invest in all parts of the country and its leadership,” he said.

In his remarks, Mr. Keating highlighted four key concerns the country’s leaders need to address, and issues that the international community should keep focusing on.

These include the threat posed by the Al Shabaab and other extremist groups; the risk of political differences overshadowing progress in legislative, reform and security areas; fragmentation within the international community; and the danger of a humanitarian “catastrophe”, especially with most of the population already living in precarious circumstances due to climate change and other vulnerabilities.

“Future crises will result from the combination of climate related shocks; armed conflict provoked by Al Shabaab and unresolved grievances; competition over natural resources; and systemic marginalization of certain groups,” warned Mr. Keating. He underscored the need to reduce the vulnerability faced by ordinary Somalis, through job creation and smart investments that safeguard natural resources and help unlock the enormous economic potential of the country.

Besides political will, Mr. Keating underscored, success will depend on leaders from the political, business and traditional spheres “working together for the common good, leveraging the country’s potential wealth to transform prospects for people – especially the young.”

On 1 October, Nicholas Haysom will replace Mr. Keating as the Special Representative of the Secretary-General for Somalia and the head of UNSOM. Mr. Keating was appointed the top UN official in the Horn of Africa nation in November 2015.

Women have brought ‘important voices’ to Somali politics

Alongside Mr. Keating, Phumzile Mlambo-Ngcuka, the Executive Director of the UN gender equality and empowerment agency for women and girls (UN Women) highlighted the “once-in-a-generation opportunity” that Somalia currently has to establish lasting peace, and gender equality.

She commended the nation for improving representation of women in public office, illustrated by the “jump” in women’s representation in parliamentary elections from 14 to nearly 25 per cent of seats in the most recent elections.

This progress, she underscored, has brought many “important voices” to Somali politics.

She said it had brought to the centre “the fight to end child marriage, end female genital mutilation (FGM), and change laws that discriminate against women,” noting that the participation of women will be further boosted if more leaders, especially clan leaders, embrace gender equality and support women.

She also called on the international community and the Security Council to support Somalia’s federal and provincial authorities, advance gender equality, act strongly against sexual and gender-based violence, advocate for meaningful participation and recognition of women in all sectors, and support women’s groups in the country.

“Women’s organizations in Somalia are organized. They are dedicated to their country: they are activists, advocates, entrepreneurs, professionals, and patriots,” said Ms. Mlambo-Ngcuka, noting that as the country prepares to confront the challenges in the days ahead, “women will make the difference.”

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DP World: We will continue to pursue all legal means to defend our rights as shareholder and concessionaire in Doraleh Container Terminal (12.09.2018)

Investors across the world must think twice about investing in Djibouti.

DUBAI, United Arab Emirates, September 12, 2018 – DP World (http://web.dpworld.com) said today that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA (DCT) in the face of Djibouti’s blatant disregard for the rule of law and respect for commercial contracts.

On 9 September the President of Djibouti enacted a decree which purportedly transferred the shareholding of Port de Djibouti SA (PDSA) in Doraleh Container Terminal SA (DCT) to the Government of Djibouti. PDSA is 23.5% owned by China Merchants Port Holdings Company Ltd of Hong Kong (“China Merchants”).

DP World said the transfer appears to have been made in an attempt to flout an injunction of the English High Court which restrains PDSA from using its shareholding to take control of DCT. This is the latest step in the Government of Djibouti’s five-year campaign to take the 2006 Concession Agreement away from DCT, through which DP World operated, and part owns the Doraleh Container Terminal.

“Investors across the world must think twice about investing in Djibouti and reassess any agreements they may have with a government that has no respect for legal agreements and changes them at will without agreement or consent,” a DP World spokesperson said.

On 31 August, the High Court of England & Wales issued an injunction against PDSA, as shareholder in DCT, ordering that it:

  • Shall not act as if the joint venture agreement with DP World has been terminated
  • Shall not appoint new directors or remove DP World’s nominated directors without its consent
  • Shall not cause the DCT joint venture company to act on the “Reserved Matters” without DP World’s consent.
  • Shall not instruct or cause DCT to give instructions to Standard Chartered Bank in London to transfer funds to Djibouti.

In an apparent attempt to circumvent the injunction, on 9 September 2018, the Government of Djibouti transferred PDSA’s shares in DCT to itself. The new decree was accompanied by a press release replete with untrue statements. It also refers to DP World being paid fair compensation in accordance with international law.

The 2006 Concession Agreement, which is governed by English law, provides that disputes relating to the Agreement are to be resolved through binding arbitration in the London Court of International Arbitration. Such arbitration proceedings are ongoing. To date the Government has not made any offer to compensate DP World.

Subsidies on school uniform mask deeper Djibouti anomalies (11.09.2018)

With unemployment rates in urban areas, at around 60 percent, a chronic problem, initial charges for uniforms were seen as astronomical.

DJIBOUTI CITY, Djibouti, September 11, 2018 – THE autocratic regime of President Ismaïl Omar Guelleh has yielded to public pressure to lower the price of uniforms for students at basic education level but this is seen as a smokescreen to divert attention from major issues afflicting the impoverished East African country

Minister of Education, Moustapha Mohamed Mahamoud, announced parents will pay some 2 000 Djibouti Franc (DJF) (equivalent to R171 or US$11,25) down from the initial 3 500 FDJ.

With unemployment rates in urban areas, at around 60 percent, a chronic problem, initial charges for uniforms were seen as astronomical.

Analysts believe the announcement, made on Monday as the students returned for the 2018/19 academic year, is only a ploy by government to deflect scrutiny from inherent failure to make available schools for the youth population as well as rampant drought, inadequate sanitation and food insecurity, all which have prevailed despite massive financial loans running into government coffers.

Critics lay the aforementioned problems on the lavishness of Gueleh, in power since 1999 at the death of his uncle Hassan Gouled Aptidon, who had been in power since independence from France in 1977.

His administration is synonymous with brutality against opposition and media and discrimination against persons with disabilities as well as restrictions on unions.

“The announcement of the reduction of uniform prices is all a smokescreen, coming in the criticism of the government’s extravagancy in the face of mounting social challenges,” said political analyst Beran Omar.

Mahamoud meanwhile portrayed the administration as thoughtful of the challenges by the populace.

Mahamoud said uniform prices had been slashed after Guelleh heard the grievances of parents.

“He gave clear instructions in this direction,” the minister said.

However, despite the government’s claimed commitment to education, net student enrollment at the primary level, representing the percentage of children of official school age who are enrolled in primary school, is around 60 percent, according to latest World Bank figures.

The number reveals an even more challenging situation with enrollment rates lower and dropout rates higher for girls, those living in rural areas and those living in poverty.

“Djibouti is not on track to meet the Millennium Development Goals and is at risk of remaining in a low-level equilibrium in terms of both access and quality (education) for years to come,” World Bank stated.

The tiny country of slightly less than 1 million people is also on the throes of an eruption of waterborne diseases and rampant food deficit. It is also enduring the aftermath of the Cyclone Sagar, which ravaged the region in May, with southeastern neighbor, Somalia, the epicentre.

Floods affected at least 15 percent of the capital Djibouti City.

Schools and other social infrastructure have been affected with the total damage estimated at $30 million

Some 20 000 children under the age of five, out of almost 200 000 affected people, are impacted by drought.

Djibouti has one of the world’s highest levels of malnutrition for children, particularly among those under the age of five living in rural areas.

Djibouti: Communique du Doraleh Container Terminal (09.09.2018)

Statement of the Chairperson of the Commission on the Horn of Africa (07.09.2018)

Joint Declaration on Comprehensive Cooperation Between Ethiopia, Somalia and Eritrea (06.09.2018)

Considering that the peoples of Ethiopia, Somalia and Eritrea share close ties of geography, history, culture and religion as well as vital common interests;

Respecting each other’s independence, sovereignty, and territorial integrity;

Desiring to bolster their historical ties to achieve their lofty objectives;

The Governments of Ethiopia, Somalia and Eritrea have reached the following agreement that reflects the aspirations of their peoples:-

1. The three countries shall foster comprehensive cooperation that advances the goals of their peoples.

2. The three countries shall build close political, economic, social, cultural and security ties.

3. The three countries shall work in coordination to promote regional peace and security.

4. The three governments hereby establish a Joint High-Level Committee to coordinate their efforts in the framework of this Joint Declaration.

Done in Asmara, September 5, 2018

For the Federal Democratic Republic of Ethiopia

Prime Minister Abiy Ahmed

For the Federal Republic of Somalia

President Mohamed Abdullahi Mohamed

For the State of Eritrea

President Isaias Afwerki

Somalia, Eritrea and Ethiopia to hold trilateral Talks on Economic Integration (05.09.2018)

President Farmajo, Ethiopian Prime Minister Abiy Ahmed and Eritrea’s President Isaias Afwerki are scheduled to meet in Asmara on 6th and 7th September.

MOGADISHU, Somalia, September 5, 2018 – Mogadishu 5th September 2018; The president of the Federal Republic of Somalia Mohamed Abdullahi Farmajo is leading efforts to consolidate gains made at the Forum on China-Africa Cooperation by facilitating the prospect of a tripartite agreement on economic Integration between the countries of the Horn.

President Farmajo, Ethiopian Prime Minister Abiy Ahmed and Eritrea’s President Isaias Afwerki are scheduled to meet in Asmara on 6th and 7th September to hold discussions on strengthening the economic and security stability of the region.

The leaders would also discuss measures to end all political and social conflicts between the countries of the horn to promote harmony and a happy coexistence between neighbors of the horn.

President Farmajo’s vision is to promote free trade flow, and a mutual economic cooperation between all the countries of the Horn of Africa.

Somalia seeks to play a key role in economic and social integration of the Horn of Africa to foster trade and investment, and to improve connectivity between the people and businesses of the Horn.

In Beijing, Somalia signed the Belt and Road Initiative that enhances connectivity and promotes economic development, and an agreement on improving Economic and Technical Cooperation between China and Somalia.

Somalia’s ambition to take the lead in facilitating a robust Horn of Africa trade bloc would foster stronger economic stability and development for the Horn nations.

High Court of England & Wales restrains Djibouti’s port company from terminating joint venture with DP world (05.09.2018)

Port Company also prohibited from replacing DP World directors in joint venture Company.

DUBAI, United Arab Emirates, September 5, 2018 – The High Court of England & Wales has granted an injunction restraining Djibouti’s port company, Port de Djibouti S.A. (PDSA), from treating its joint venture shareholders’ agreement with global trade enabler DP World as terminated. The High Court has further prohibited PDSA from removing directors of the Doraleh Container Terminal (DCT) joint venture company who were appointed by DP World pursuant to that agreement. PDSA is not to interfere with the management of DCT until further orders of the Court or the resolution of the dispute by a London-seated arbitration tribunal.

PDSA is owned in majority by the Government of Djibouti and its CEO is the Chairman of the Ports & Free Zones Authority of Djibouti. Hong Kong-based China Merchants is the minority shareholder in PDSA.

The High Court’s order follows the unlawful attempt by PDSA to terminate the joint venture agreement with DP World and the calling of an extraordinary shareholders’ meeting on 9 September by PDSA to replace DP World appointed directors of the DCT joint venture company.  This is the third legal ruling in relation to the Doraleh Container Terminal following two previous decisions from the London Court of International Arbitration (LCIA), all of them in favour of DP World. It recognises that although PDSA is the majority shareholder of the DCT joint venture company, it is DP World that has management control of the company, in accordance with the parties’ legally binding contracts.

The new ruling against PDSA, issued by the Court without PDSA’s participation, makes clear that PDSA:

  • Cannot act as if the joint venture agreement with DP World has been terminated
  • Cannot appoint new directors or remove DP World’s nominated directors without its consent
  • Cannot cause the DCT joint venture company to act on the “Reserved Matters” without DP World’s consent
  • Cannot instruct or cause DCT to give instructions to Standard Chartered Bank in London to transfer funds to Djibouti

If PDSA disobeys the Court’s order and seeks to replace DP World nominated directors of DCT on 9 September, it may be in contempt of court and face a fine or the seizure of its assets and its officers and directors may be imprisoned.

The Court has ordered PDSA to present its defence at another hearing on 14 September.

Meanwhile, DP World is notifying Standard Chartered Bank so that the bank will reject any instructions that may be sent to them after the 9 September meeting. China Merchants, who have been given operational control of the Djibouti Freezone in breach of DP World’s exclusivity rights, will also be informed given its minority shareholding in PDSA.

Somalia: Food security improving but recovery remains fragile (02.09.2018)

The Secret Chinese Arms Trade in the Horn of Africa (03.09.2018)

China is actively positioning itself as a major supplier of arms to the African continent and is stepping up its shipments of weapons to conflict zones through Djibouti in the Horn of Africa.

LONDON, United Kingdom, September 3, 2018 – EXX Africa (https://www.EXXAfrica.com) published a special report on the secret Chinese arms trade in the Horn of Africa.

Download the report: bit.ly/2PvgfDy

Beyond the commercial objective of increasing sales of Chinese manufactured weapons and military equipment, China also seeks to control a greater share of the weapons trade in Africa in order to protect its extensive infrastructure investments on the continent. On the back of the One Belt, One Road initiative, China has made massive investments in East Africa, including railway lines, hydropower dams, and new port projects in countries such as Kenya, Sudan, and Ethiopia.

Central to this strategy is China’s military logistics base in Djibouti, which China is preparing to facilitate large-scale shipments of weapons and military equipment to African countries, in particular Sudan and South Sudan.

Djibouti’s own strategically important port, which lies in a major shipping lane, is also set to move towards the centre of the regional arms trade.

Following a new investigation that included collection of intelligence from well-placed security sector sources in the Horn of Africa, we have found evidence that Chinese weapons are making their way from the Chinese PLA Support Base in Djibouti and the commercial Port of Djibouti towards African conflict zones that have been placed under an arms embargo.

For any further comment or a full copy of the report, please contact https://www.EXXAfrica.com/

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