Sudanese refugees wait to receive a WFP food portion in Koufroun, Chad. Reuters
Sudanese refugees wait to receive a WFP food portion in Koufroun, Chad. Reuters
Sudanese refugees wait to receive a WFP food portion in Koufroun, Chad. Reuters
Sudanese refugees wait to receive a WFP food portion in Koufroun, Chad. Reuters

Aid has reached only 3% of stricken people in Khartoum, World Food Programme says


Nada AlTaher
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As fighting between Sudan's paramilitary Rapid Support Forces and the army enters a second month, the World Food Programme says aid has reached only 3 per cent of people in need in Khartoum.

Abdel Mageed Yahia, WFP UAE Director and Representative for the GCC told The National that a lack of access in Sudan was “unprecedented” in comparison to other war zones in the region.

“We had planned to reach 500,000 people but we managed to reach only 15,000 so far in Khartoum,” he said.

Three WFP staff members were killed and two injured when the war broke out on April 15, prompting the group to suspend its work in the Darfur region of Sudan for two weeks.

The WFP says it has assisted more than 780,000 people so far with emergency food in 13 of the country's 18 states since operations resumed on May 3.

“At least when ISIS had completely besieged Syria's Deir Ezzor in 2017, we were able to perform high altitude air drops”, which is not possible in Khartoum today, he said.

Numerous ceasefires have been repeatedly breached “from the moment they were signed”, Mr Yahia said.

“The needs are continuously increasing,” he added.

Humanitarian corridors agreed on by the warring parties through a US and Saudi-brokered ceasefire provided the only opportunity for what little aid has arrived, Mr Yahia said.

He said the security situation in Sudan was to blame. “Some neighbourhoods show no signs of life,” he said. Millions have fled their homes and become internally displaced or have sought safety in Chad, Egypt and the Central African Republic.

Additionally, WFP warehouses have been looted on more than one occasion.

WFP food is distributed in Koufroun, eastern Chad, to refugees who have recently arrived from Sudan. Photo: WFP
WFP food is distributed in Koufroun, eastern Chad, to refugees who have recently arrived from Sudan. Photo: WFP

“In total, we lost $60 million worth of food, vehicles and assets, excluding last week in Al Obaid,” Mr Yahia said. “Around 17,600 metric tonnes were taken in the first looting. Now what's being looted is 22,000 metric tonnes and we don't know the value of that because we don't have access.”

He said it was difficult to ascertain the groups responsible for the thefts.

The food taken in the first round of looting was enough to feed 4.4 million people for a month.

“Two weeks ago, they broke into our offices in Khartoum and they took vehicles and office supplies,” Mr Yahia said.

He said soaring food prices and the fact that banks aren't operating had exacerbated the situation for people who were bound to reach a point where finding food is difficult.

“It's also a matter of time before fuel runs out,” he added.

Mr Yahia revealed that local neighbourhood groups are helping to distribute the WFP aid.

“They are going from door-to-door at times, even cooking in one home and distributing those meals to others in need,” he said.

“Up to 2.5 million additional people in Sudan are expected to slip into hunger in the coming months because of the ongoing violence in the country,” the WFP said.

“The rise will see over 40 per cent of Sudan’s population – more than 19 million people – facing hunger. This is the highest number ever recorded in the country.”

At least 700 people have been killed so far and more than 5,420 injured in the conflict, Sudan's Ministry of Health said.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Brief scoreline:

Liverpool 2

Keita 5', Firmino 26'

Porto 0

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Bert van Marwijk factfile

Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder

Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia

Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

MATCH INFO

Manchester City 2 (Mahrez 04', Ake 84')

Leicester City 5 (Vardy 37' pen, 54', 58' pen, Maddison 77', Tielemans 88' pen)

Man of the match: Jamie Vardy (Leicester City)

Updated: June 08, 2023, 5:11 AM