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Burkina Faso : 11 Soldiers killed, 50 missing after Jihadist attack

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Eleven soldiers died and around 50 civilians were missing after a suspected jihadist attack in Burkina Faso’s north, the government said late Tuesday.

Violence has raged in the landlocked west African country after Lieutenant-Colonel Paul-Henri Sandaogo Damiba seized power in a January coup, ousting Burkina’s elected leader and promising to rein in jihadists.

As in neighbouring countries, insurgents affiliated with Al-Qaeda and the Islamic State group have stoked the unrest, even after Damiba earlier this month sacked his defence minister and assumed the role himself.

“A convoy carrying supplies to Djibo town was the target of a cowardly and barbaric attack,” government spokesman Lionel Bilgo said.

“The provisional toll is that 11 bodies of soldiers have been found… About 50 civilians are missing and searches are ongoing.”

A security source told AFP the toll could be as high as 60 dead.

The convoy was ambushed Monday near Gaskinde in the province of Soum, part of the Sahel region.

Such convoys, escorted by the army, carry essential goods to towns in the north, particularly Djibo, which are under blockade by jihadists who have dynamited bridges on main roads.

“Practically the entire convoy was burnt,” a source said Monday. Videos received by AFP showed charred vehicles.

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On Sunday an improvised explosive device that targeted another army-escorted resupply convoy in the Sahel wounded four people, security sources said, but the convoy was able to reach its destination on Monday.

In early September an IED strike on a convoy left at least 35 civilians dead, the governor of the Sahel region said at the time.

More than 40 percent of Burkina Faso, a former French colony, is outside government control.

Thousands have died and about two million have been displaced by the fighting since 2015 when the insurgency spread into Burkina Faso.

Much of the Sahel region is now battling the insurgency, which also spread to Niger. In recent years, the violence has begun to spill over into coastal states Ivory Coast and Togo.

“The deteriorating security situation in Burkina Faso and Mali has made the north of the coastal countries the new front line against armed groups operating in the Sahel,” the Konrad Adenauer Foundation, a German think tank, said in a report in April.

French forces supported Mali against insurgents for nearly a decade, but President Emmanuel Macron decided to pull out after France and the Malian junta fell out in the wake of a military takeover. The last French troops from France’s operation Barkhane left last month.

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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