Supporters of mutinous soldiers demonstrate in Niamey, Niger, last week. AP
Supporters of mutinous soldiers demonstrate in Niamey, Niger, last week. AP
Supporters of mutinous soldiers demonstrate in Niamey, Niger, last week. AP
Supporters of mutinous soldiers demonstrate in Niamey, Niger, last week. AP

Niger coup: Nigeria leads negotiations as junta leader rejects international pressure


Sunniva Rose
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West African military chiefs are holding a three-day meeting in Nigeria's capital Abuja to discuss how to respond to a July 26 coup in neighbouring Niger.

The coup has raised fears of a regional conflict and prompted France, the former colonial power, to fly out its citizens.

Ecowas, an alliance of West African countries that is currently led by Nigeria, on Sunday imposed trade and financial sanctions and gave the coup leaders a week to reinstate Niger's democratically elected president, Mohamed Bazoum, or possibly face force.

The self-proclaimed new leader of Niger, Abdourahamane Tiani, on Wednesday rejected the sanctions imposed by the West African regional bloc as illegal, unjust and inhumane.

In a televised address, Mr Tiani said Niger would not bow to regional and international pressure to reinstate Mr Bazoum.

The West African regional bloc on Wednesday said a military intervention in junta-ruled Niger would be "the last resort".

"The military option is the very last option on the table … but we have to prepare for the eventuality," said Abdel-Fatau Musah, the Ecowas commissioner for political affairs, peace and security.

An Ecowas delegation is also in Niger to speak directly to the junta leaders.

The delegation is led by former Nigerian president Abdulsalami Abubakar and includes a highly respected Nigerian religious leader, the Sultan of Sokoto, Muhammadu Sa'ad Abubakar.

Nigeria, which has the fourth largest army in Africa, has led the Ecowas response to the coup.

Analysts have told The National they believe that if mediation attempts fail, a Nigerian-led military intervention is likely.

There is little expectation that any western country would be directly involved.

British Prime Minister Rishi Sunak's office said he had spoken with Germany's Chancellor Olaf Scholz to discuss the situation in Niger.

“The UK and Germany have both condemned the recent attempts to undermine democracy, peace and stability in the country,” the readout of the call said.

“The Prime Minister welcomed our shared efforts to uphold stability and protect our nationals in Niger.”

Italy's Foreign Minister Antonio Tajani told media on Wednesday that: “We have to work so that democracy prevails in Niger … we need to rule out any western military initiative because it would be perceived as a new colonisation.”

Ecowas's firm response to the coup has been welcomed by western leaders.

“We stand ready to support Ecowas’s upcoming decisions, including the adoption of sanctions,” the EU's top diplomat Josep Borrell said on Saturday.

Russia on Wednesday called for “urgent national dialogue” in Niger and cautioned that the situation could worsen.

“It's very important to prevent a further deterioration of the situation in the country,” Russian Foreign Ministry spokeswoman Maria Zakharova told reporters.

Ms Zakharova said dialogue was needed for the “restoration of civil peace and to ensure law and order”.

But the threat of a military intervention was met by a strong rebuttal from Mali and Burkina Faso, both led by military juntas, who said that it would be equal to a declaration of war against them.

Niamey, Bamako and Ouagadougou seem to have been co-ordinating their response to Ecowas, with Gen Salifou Mody, one of the officers who seized power in Niger last week, visiting Mali on Wednesday.

Nigeria's former military head of state Abdulsalami Abubakar. AFP
Nigeria's former military head of state Abdulsalami Abubakar. AFP

Gen Mody, a former army chief of staff who was fired in April, arrived in Bamako at the head of a delegation, a senior Nigerien official and a Malian security official told AFP.

The coup leaders announced overnight they had reopened Niger's land and air borders with Algeria, Burkina Faso, Mali, Libya and Chad.

On Wednesday more than 730 people had landed in Paris aboard three planes, mostly French citizens but also Portuguese, Belgians, Nigerians, Ethiopians and Lebanese, with a fourth flight scheduled.

Italy's Foreign Ministry said it had flown out 68 civilians, including Italians and other nationals living in Niger, who arrived in Rome early Wednesday.

Eighteen Italian soldiers were also on the flight.

“It feels good,” said a relieved Raissa Kelembho, who returned from Niger with her two boys, but whose husband stayed behind to work.

“At one point, there was a feeling of insecurity, we knew that everything could change."

Western soldiers in Niger as part of anti-insurgency combat missions remain in the country. They include about 1,500 French troops, 1,100 US troops and a small German contingent.

German Defence Minister Boris Pistorius said on Wednesday that there were no concerns about German troops in Niger, and that supply was secure.

“I spoke yesterday with the commander of our airbase in Niamey,” Mr Pistorius said. “He clearly told me that they are not concerned about their safety at all currently.”

But Germany has urged its citizens to leave the country.

Niger evacuation flights land in Europe – in pictures

The first group of British citizens left Niger on a French flight bound for Paris on Wednesday evening, a Foreign Office representative said.

The representative did not say how many Britons were on the flight.

“The UK’s ambassador and a core team remain in Niger to support the very small number of British nationals who are still there,” their statement said.

“We are grateful to the French for their help in this evacuation.”

UK Foreign Secretary James Cleverly said on social media: "The first group of British nationals have now safely left Niger.

"To resolve the situation in Niger, the UK is clear in our support of an African and Ecowas-led resolution.

"This week I’ve spoken with the presidents of Ghana and Nigeria to support this."

The US said on Wednesday it was set to evacuate some staff and families from its embassy, although the mission will remain open and senior leadership will continue working from there.

The official said a final decision was still pending but it appeared likely.

“This is a prudent move in case the security situation deteriorates and the core embassy staff will remain,” the official said.

They said the US personnel would be moved out of Niger by aircraft chartered by the State Department and military aircraft would not be used.

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Power: 182hp @ 6,000rpm

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Fuel consumption, combined: 7.6L / 100km

Results

5pm: Al Maha Stables – Maiden (PA) Dh80,000 (Turf) 1,600m; Winner: Reem Baynounah, Fernando Jara (jockey), Mohamed Daggash (trainer)

5.30pm: Wathba Stallions Cup – Maiden (PA) Dh70,000 (T) 1,600m; Winner: AF Afham, Tadhg O’Shea, Ernst Oertel

6pm: Emirates Fillies Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Ghallieah, Sebastien Martino, Jean-Claude Pecout

6.30pm: Emirates Colts Classic – Prestige (PA) Dh100,000 (T) 1,600m; Winner: Yas Xmnsor, Saif Al Balushi, Khalifa Al Neyadi

7pm: The President’s Cup – Group 1 (PA) Dh2,500,000 (T) 2,200m; Winner: Somoud, Adrie de Vries, Jean de Roualle

7.30pm: The President’s Cup – Listed (TB) Dh380,000 (T) 1,400m; Winner: Haqeeqy, Dane O’Neill, John Hyde.

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

The Baghdad Clock

Shahad Al Rawi, Oneworld

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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.”

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F1 2020 calendar

March 15 - Australia, Melbourne; March 22 - Bahrain, Sakhir; April 5 - Vietnam, Hanoi; April 19 - China, Shanghai; May 3 - Netherlands, Zandvoort; May 20 - Spain, Barcelona; May 24 - Monaco, Monaco; June 7 - Azerbaijan, Baku; June 14 - Canada, Montreal; June 28 - France, Le Castellet; July 5 - Austria, Spielberg; July 19 - Great Britain, Silverstone; August 2 - Hungary, Budapest; August 30 - Belgium, Spa; September 6 - Italy, Monza; September 20 - Singapore, Singapore; September 27 - Russia, Sochi; October 11 - Japan, Suzuka; October 25 - United States, Austin; November 1 - Mexico City, Mexico City; November 15 - Brazil, Sao Paulo; November 29 - Abu Dhabi, Abu Dhabi.

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

UAE currency: the story behind the money in your pockets
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Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

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UAE currency: the story behind the money in your pockets
SERIE A FIXTURES

Saturday Spezia v Lazio (6pm), Juventus v Torino (9pm), Inter Milan v Bologna (7.45pm)

Sunday Verona v Cagliari (3.30pm), Parma v Benevento, AS Roma v Sassuolo, Udinese v Atalanta (all 6pm), Crotone v Napoli (9pm), Sampdoria v AC Milan (11.45pm)

Monday Fiorentina v Genoa (11.45pm)

Updated: August 03, 2023, 4:50 AM