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UAE dispatches 50 tonnes of food aid to Burkina Faso

The relief aid is a continuance of the country’s humanitarian approach to extend a helping hand to countries in times of need….reports Asian Lite News

The UAE has dispatched a plane carrying 50 tonnes of essential food aid to Burkina Faso, as part of the country’s continuous efforts to support friendly nations.

Sultan Al Shamsi, Assistant Minister of Foreign Affairs for International Development Affairs, said: “In continuance of the UAE’s pioneering role to provide relief through delivering all forms of humanitarian aid and providing essential needs to all the brotherly and friendly nations of Africa, the UAE has sent an aid plane to meet the needs of the most vulnerable categories of families impacted by food security challenges, who mainly consist of children, the elderly, and women.”

Al Shamsi added that dispatching the plane is part of endeavours that “contribute to support national and international efforts to achieve food security for a large segment of Burkina Faso’s residents, who are severely suffering. The UAE’s contributions aim to reinforce bilateral relations across various fields to enhance ties between the two countries.”

The relief aid is a continuance of the country’s humanitarian approach to extend a helping hand to countries in times of need.

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Burkina Faso rights defender abducted

Earlier this year, Burkina Faso’s junta announced the “general mobilization” decree to recapture territories lost as jihadi attacks continue to ravage the landlocked country…reports Asian Lite News

A prominent human rights defender in Burkina Faso has been abducted by unknown individuals, rights groups have announced, in what activists say could be the latest attempt by the military government to target dissidents using a controversial law.

Daouda Diallo, a 2022 recipient of the Martin Ennals international human rights award, was abducted on Friday in Burkina Faso’s capital of Ouagadougou after visiting the passport department where he had gone to renew his documents, according to the local Collective Against Impunity and Stigmatization of Communities civic group, which Diallo founded.

His captors – in civilian clothing – accosted him as he tried to enter his car and took him to “an unknown location,” the group said in a statement on Friday, warning that Diallo’s health could be at risk and demanding his “immediate and unconditional” release.

Amnesty International’s West and Central Africa office said Diallo’s abduction was “presumably (for him) to be forcibly conscripted” after he was listed last month among those ordered to join Burkina Faso’s security forces in their fight against jihadi violence as provided by a new law.

“Amnesty International denounces the use of conscription to intimidate independent voices in #BurkinaFaso and calls for the release of Dr. Diallo,” the group said via X, formerly known as Twitter.

Earlier this year, Burkina Faso’s junta announced the “general mobilization” decree to recapture territories lost as jihadi attacks continue to ravage the landlocked country.

The decree empowers the government to send people to join the fight against the armed groups. But it is also being used to “target individuals who have openly criticized the junta” and “to silence peaceful dissent and punish its critics,” Human Rights Watch has said.

HRW said at least a dozen journalists, civil society activists and opposition party members were informed by the government in November that they would be conscripted, including Diallo, who joined Burkina Faso activists in condemning the move.

“The simple fact of showing an independence of position is enough to be conscripted,” said Ousmane Diallo, a researcher with Amnesty International in Burkina Faso.

“Right now, civil society activists, human rights defenders and even leaders of opposition political parties do not dare express freely their opinions because this decree is being used to silence and intimidate all of the voices that are independent,” he added.

Daouda Diallo won the prestigious Martin Ennals awards for his work in documenting abuses and protecting people’s rights in Burkina Faso where security forces have been fighting jihadi violence for many years.

A pharmacist turned activist, he said last year that he’s regularly followed, his home has been robbed and he rarely sleeps in the same place for fear of being killed.

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Coup In Burkina Faso

In the capital Ouagadougou, pre-dawn gunfire around the presidential palace was heard at the start of a day that culminated in the latest ousting…reports Asian Lite News

Military officers have seized control of Burkina Faso, claiming to be restoring peace to the jihadist-wracked country as they overthrew a junta leader who had also come to power in a coup at the start of this year.

In the capital Ouagadougou, pre-dawn gunfire around the presidential palace was heard at the start of a day that culminated in the latest ousting.

On Friday, more than a dozen soldiers in fatigues appeared on the state television and radio broadcaster to announce the removal of Lieutenant-Colonel Paul-Henri Sandaogo Damiba for failing to stem a jihadist insurgency.

They proclaimed 34-year-old Captain Ibrahim Traore in charge.

“We have decided to take our responsibilities, driven by a single ideal: the restoration of security and integrity of our territory,” they said.

With much of the Sahel region battling a growing Islamist insurgency, the violence has prompted a series of coups in Mali, Guinea and Chad since 2020.

In January, Damiba installed himself as leader of the country of 16 million after accusing elected president Roch Marc Christian Kabore of failing to beat back the jihadists.

But with more than 40 percent of the former French colony outside government control, the latest putsch leaders said Damiba, too, had failed.

“Far from liberating the occupied territories, the once-peaceful areas have come under terrorist control,” the new military leaders said.

They then suspended the constitution, sealed the borders, dissolved the transitional government and legislative assembly and instituted a 9:00 pm to 5:00 am curfew.

New strongman Traore was previously head of anti-jihadist special forces unit “Cobra” in the northern region of Kaya.


Calls for ‘restraint’

Damiba’s Patriotic Movement for Preservation and Restoration (MPSR) had said earlier that there was an “internal crisis in the army” prompting troop deployments in key areas of the capital.

Government spokesman Lionel Bilgo had said the “crisis” concerned an army pay dispute, and that Damiba was taking part in negotiations.

In the morning, shots rang out in the Ouaga 2000 neighbourhood, which houses both the presidential and junta headquarters.

“I heard heavy detonations around 4:30 am and now the roads around my home have been sealed off by military vehicles,” a resident close to the presidential palace said.

State television was cut for several hours prior to the military announcement, broadcasting just a blank screen with the message “no video signal”.

By evening, soldiers were still in place at key points of the city, and streets were mostly deserted.

In a statement, the Economic Community of West African States (ECOWAS) “condemned in the strongest possible terms” the latest seizure of power, calling it “inappropriate” at a time when progress was being made for a return to constitutional order by July 1, 2024.

The French foreign ministry told its citizens in the Burkina capital, believed to number between 4,000 and 5,000, to stay home, while the European Union expressed “concern” at the unfolding events.

The United States said it was “deeply concerned” by the situation in Ouagadougou.

“We call for a return to calm and restraint by all actors,” a State Department spokesperson said.

Rein in jihadists

Though Damiba had promised to make security his priority when he took charge on January 24, violent attacks have increased since March.

In the north and east, towns have been blockaded by insurgents who have blown up bridges and attacked supply convoys.

As in bordering countries, insurgents affiliated with Al-Qaeda and the Islamic State group have stoked unrest.

Thousands have died and about two million have been displaced by the fighting since 2015 when the insurgency spread to Burkina Faso, which has since become the epicentre of the violence across the Sahel.

In September, a particularly bloody month, Damiba sacked his defence minister and assumed the role himself.

Earlier this week, suspected jihadists attacked a convoy carrying supplies to the town of Djibo in the north of the country. The government said 11 soldiers died and around 50 civilians were missing.

On September 5, an improvised explosive device struck a supply convoy in the north killing 35 civilians and wounding 37.

The following day, at least nine people — seven civilians and two soldiers — were killed in two separate attacks by suspected jihadists.

Much of the impoverished Sahel region is battling the insurgency.

Starting in northern Mali in 2012, the insurgents attacked neighbouring Burkina Faso and Niger in 2015.

The violence has in recent years begun to spill over into coastal states Ivory Coast, Togo and Benin.

ALSO READ-Abu Dhabi Chamber and Burkina Faso to boost trade and investment

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Abu Dhabi Chamber and Burkina Faso to boost trade and investment

Dr. Badolo praised the welcome she received at the Abu Dhabi Chamber, pointing to need to explore new opportunities of cooperation in different sectors…reports Asian Lite News

Mr. Helal Mohamed Al Hameli, Deputy Director General of the Abu Dhabi Chamber of Commerce and Industry for Advisory Centers and Councils, received the Deputy Director General of Burkina Faso Chamber of Commerce and Industry Dr. Agraba Patricia Badolo, accompanied by Mr.Souleymane Hebie, Chargé d’Affaires at the Embassy of Burkina Fasso in Abu Dhabi.

During the meeting, both sides discussed boosting trade and investment as well as promoting the mandate of both the Abu Dhabi Chamber and Burkina Faso Chamber and their roles in developing their respective local economy and the services they provide for businesses in Abu Dhabi and Burkina Faso.

During the meeting, Al Hameli emphasized on the Abu Dhabi Chamber’s keenness in strengthening its relationship with the Chambers of Commerce around the world, especially in Africa while opening new channels of communication with them.

Deputy Director General Al Hameli presented to the visiting delegation the attractive business environment of Abu Dhabi and the most significant legislation launched by the government within its visions for the next fifty years. He also presented several economic indices that clarify the Emirate’s position as one of the most preferred destination to do business and investment, pointing to the interest of the Abu Dhabi Chamber to boost its cooperation with Burkina Faso and giving Emirati businesses the opportunity to explore diverse investment prospects in different sectors including agriculture, industry, mining, and infrastructure to name a few.

For her part, Dr. Badolo praised the welcome she received at the Abu Dhabi Chamber, pointing to need to explore new opportunities of cooperation in different sectors, highlighting the many opportunities its government offers for foreign investors.

The Deputy Director General extended an invitation to the Abu Dhabi Chamber to participate in West African Business Development Forum – AFRICALLIA 2022 due to be held next October in Ouagadougou, Burkina Faso, commending the successful economic model of the UAE. She also paid much attention to transferring Emirati knowledge and experience in all economic, trade and administrative fields to Burkina Faso businesses to better serve bilateral interests of both Abu Dhabi and Burkina Faso.

ALSO READ-Dubai Chamber sees record membership growth

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UN Lauds Burkina Faso

Why One African Country – Burkina Faso- Opted for Full Disclosure on Debt. As borrowing needs increased, the national debt management office started turning more to the domestic and regional capital markets, which come at higher costs and shorter maturity…reports Asian Lite News

For the past three years, the World Bank has been monitoring how transparent IDA countries are in their debt reporting practices through Among the 74 IDA (International Development Association) countries, one stands out by meeting the “full disclosure” rating for every single one of the nine categories on the debt transparency Heat Map: Burkina Faso.

This performance is even more remarkable considering that the country has been classified as fragile and conflict-affected (since late 2020) and has been fiscally squeezed by both the COVID-19 crisis and internal population displacement (almost 2 million since 2020).

Since 2015, Burkina Faso has been the target of terrorist attacks that resulted in population displacements and ever-increasing security costs. Between 2015 and 2020, the government’s gross financing needs tripled, followed by an increase in borrowing to close the gap. Until 2015, Burkina Faso’s debt portfolio mainly consisted of concessional financing from bilateral creditors and multilateral development institutions. However, as borrowing needs increased, the national debt management office started turning more to the domestic and regional capital markets, which come at higher costs and shorter maturity.

 “In a context of growing financing needs to meet development challenges and dwindling concessional resources, we had to explore other sources of financing, which were more available but more complex,” said Serge Toe, Head of the Public Debt Office in Burkina Faso’s Ministry of Finance.

Burkina Faso closed the gap in coverage and timeliness of disclosed information, meeting the “full disclosure” criteria in every single category

To expand its investors base to improve borrowing conditions, the debt management office started looking for ways to reduce information asymmetry between the country and its creditors. Global studies indicate that debt transparency directly contributes to higher credit ratings, lower borrowing costs, and foreign direct investment (FDI) inflows. Hence, the debt management office took the strategic stance to focus on debt transparency efforts and took several actions to improve public debt reporting and disclosure. 

The road ahead was challenging, as many steps needed to be taken. Although Burkina Faso was sporadically publishing a Statistical Debt Bulletin and an Annual Borrowing Plan, they were neither complete nor timely. For example, the Bulletin was missing critical information on some loans—including creditor category or loan amount. There were no statistics on fiscal risks related to the government’s contingent liabilities, such as guaranteed debt or the debt of state-owned enterprises. In addition, the Bulletin was not produced systematically and made available with a significant delay. 

To address these challenges, Burkina Faso decided to partner with the Debt Management Facility (DMF) with the objective of improving debt transparency under a broader World Bank Development Policy Operation. Over four months, from December 2020 to March 2021, the DMF helped Burkina Faso build the debt management office’s capacity for debt reporting. “The DMF experts virtually trained officers of the debt office, analyzed collegially with them data captured in the debt recording systems, and made recommendations for enhanced debt reporting,” said Daniel Pajank, Senior Economist for Burkina Faso at the World Bank.

The first part of the work focused on improving the quality of the debt database. The second focused on improving the quality of the quarterly Statistical Debt Bulletin. The WB-Government team jointly designed a roadmap of reforms for 2021, with step-by-step instructions to publish Bulletins in line with international sound practices.

In March 2021, Burkina Faso published its first comprehensive Statistical Debt Bulletin. The new Bulletin includes information about loan guarantees related to public enterprises and public-private partnership contracts. It includes loan information with detailed data on terms and conditions. The Bulletin was also published on time, allowing the dissemination of information within three months from the data cut-off date.

The efforts to improve debt transparency and full disclosure of public debt are showing the first positive signs. Over the past two years, the country’s borrowing costs have gradually decreased for all debt instruments. The debt management office was also able to extend the maturity of bonds from five to ten years to mitigate liquidity risks and continued to produce high-quality Statistical Debt Bulletins on time. As of June 2022, Burkina Faso’s access to the regional capital markets remains strong, and its funding costs, particularly for shorter-term borrowing, are among the lowest in the region.

The World Bank’s Debt Reporting Heat Map shows that Burkina Faso closed the gap in coverage and timeliness of disclosed information, meeting the “full disclosure” criteria in every single category.

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