Nigerien military officer Maj Col Amadou Abdramane, centre, delivers a televised statement in which he said soldiers "decided to put an end to the regime" of President Mohamed Bazoum. AFP
Nigerien military officer Maj Col Amadou Abdramane, centre, delivers a televised statement in which he said soldiers "decided to put an end to the regime" of President Mohamed Bazoum. AFP
Nigerien military officer Maj Col Amadou Abdramane, centre, delivers a televised statement in which he said soldiers "decided to put an end to the regime" of President Mohamed Bazoum. AFP
Jean-Loup Samaan is a senior research fellow at the National University of Singapore
July 27, 2023
On Wednesday evening, a group of Niger’s military officers announced the toppling of President Mohamed Bazoum and the suspension of the country’s institutions. Since then, Mr Bazoum appears to have been detained by the junta in his own residence. Taking place less than six months after US Secretary of State Antony Blinken’s historic visit to Niamey, the coup is sending shock waves across the Sahel and in western capitals.
Mr Bazoum was a major partner of western countries in the regional fight against terrorism following his election in April 2021. Niger took centre stage in French and American strategies for the Sahel after governments in neighbouring Mali and Burkina Faso collapsed. Military coups in both countries forced France to withdraw the armed forces that were sent in 2013 to defend the Malian capital against Islamist extremists.
Eventually, diplomatic crises with the new military regimes in Mali and Burkina Faso left French President Emmanuel Macron with no choice but to withdraw 1,200 French soldiers to Niger. As a result, Niamey became a vital partner for Paris. The US followed a similar path with Mr Bazoum. Eight hundred soldiers from the US African Command are stationed in the country and help to train Niger’s armed forces. Germany and Italy also have small military detachments in the country.
Supporters of the Nigerien security forces hold a demonstration outside the National Assembly in the capital, Niamey, on Thursday. AFP
In a region prone to military coups, western countries looked at Mr Bazoum as a democratically elected leader that needed their support. The threat of being overthrown was not new in Niamey. Since its independence in 1960, Niger has experienced no fewer than four coups. Soldiers attempted a coup against Mr Bazoum after his election in 2021, although it failed within hours.
From the beginning of his presidency, Mr Bazoum faced a series of challenges that exacerbated the tensions with the military establishment. The first and most obvious issue was the deterioration of the security environment in several areas of the country. On the western side of Niger, in regions bordering Mali, groups like Jama’at Nusrat Al Islam wal Muslimin launched repeated attacks.
In the north, Niger suffers from instability coming from Libya following the collapse of the Muammar Qaddafiregime in 2011 and the growth of ISIS inside the country. Both Niger and Libya have struggled to control their shared border. Finally, in the south, Nigerien forces face another spillover conflict from the Lake Chad basin, where groups like Boko Haram and ISIS have been engaged in a turf war for several years.
Niger’s armed forces have contributed to several counterinsurgency campaigns, but with a modest annual budget of $244 million, they are fundamentally unable to respond to the country’s security demands. In addition to its operational deficiencies, Niger's military has also been repeatedly accused by NGOs of carrying out abuses against citizens.
Since its independence in 1960, Niger has experienced no fewer than four coups
Finally, the budgetary constraints of the armed forces have been worsened by numerous corruption cases. In 2020, an audit revealed that $129 million, more than half of the annual defence budget, had been misappropriated by government officials. In the following years, Mr Bazoum stood firm on his desire to fight against endemic corruption, leading him to antagonise many officers in the old guard.
The scenario unfolding since Wednesday has been – sadly – predictable. However, its conclusion remains open. In the coming days, the officers behind the self-declared National Council for the Safeguard of the Country may not be able to maintain their grip on power. Meanwhile, Mr Bazoum’s supporters tell the media and social networks that other military units will not side with the junta.
Western countries again face a crisis in the Sahel. The US quickly called for the immediate release of the president, while France condemned the use of force. But Washington and Paris must tread carefully: their involvement in the crisis could be used against them by the putschists, especially as Niger’s public opinion has grown suspicious of the West’s military presence.
If the junta was then to truly replace Mr Bazoum, this would present French and US officials with a difficult dilemma: cutting ties with the new power in Niamey to condemn the coup or keeping channels of communication open to preserve their counterterrorism operations.
For Mr Macron, this would be a familiar dilemma, one that he has faced in Mali and Burkina Faso. Eventually in both cases, and despite initial French efforts to maintain ties with the juntas, this proved diplomatically impossible and forced Paris to leave the countries.
This could well be the same conclusion in Niger.
In the longer term, such a scenario would dramatically compromise the fight against Islamist extremists in the Sahel. In the past two years, the military regimes in Mali and Burkina Faso have proved unable to secure better results on the battlefield than the civilian leaders they toppled. This would imply a retrenchment of western forces in other Western African countries such as the Ivory Coast, Benin or Ghana that may also fear the spillover effects of the events in Niger. Eventually, the crisis in Niamey will have consequences that go far beyond the borders of the country.
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Ziina users can donate to relief efforts in Beirut
Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”
UAE currency: the story behind the money in your pockets
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
Milestones on the road to union
1970
October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar.
December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.
1971
March 1: Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.
July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.
July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.
August 6: The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.
August 15: Bahrain becomes independent.
September 3: Qatar becomes independent.
November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.
November 29: At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.
November 30: Despite a power sharing agreement, Tehran takes full control of Abu Musa.
November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties
December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.
December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.
December 9: UAE joins the United Nations.
UAE currency: the story behind the money in your pockets
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
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.”