Blandine, 9, was separated from her parents in October during fighting in her village of Rumangado. She is now living with a family that offered to look after her in the  Kibati camp for internally displaced people. Below, Nyirambabazi Mbonabucha, who lost her son Turikumwe.
Blandine, 9, was separated from her parents in October during fighting in her village of Rumangado. She is now living with a family that offered to look after her in the Kibati camp for internally diShow more

Congolese crisis hits children hardest



KIBATI, DR CONGO // Blandine loved her family. During the day, her parents worked in the banana fields while the nine-year-old played with her two younger brothers. At night, when the work was through, Blandine's mother would cook potatoes for the family dinner while her father regaled her with stories. But the village in which Blandine lived in the fertile hills of eastern Democratic Republic of Congo was next to a strategic government army base. When rebel forces attacked two months ago, the entire town was forced to flee.

Amid the chaos of gunfire and scattering villagers, Blandine became separated from her family. "When I was running, I saw my family on the other side of the road," said Blandine, who is so traumatised that she does not remember her last name. The last memory Blandine has of her parents is of them calling to her from across the road. But Blandine became swept up in a sea of fleeing refugees and her family faded out of sight.

"They went into the forest and I stayed on the road," she said. "We separated. It was dark. I tried to reach them, but I couldn't. They were running faster than me." She sat down on the side of the road and wept until a passing villager, Jean-Claude Semitaga, scooped her up and they rejoined the throng heading for a United Nations camp in Kibati. For the past two months, she has lived in a plastic tent in this camp under the care of strangers. She does not know whether her family is alive.

"When I think about my family, I just want to go back," said the soft-spoken child with big eyes and tight, curly hair. There is a system in place to reunite separated children, such as Blandine, with their families. At least 1,700 children have lost their families because of the recent clashes between government forces and a Tutsi militia, according to a UN count. Unicef, the UN agency for children, and partner organisations place unaccompanied children with host families, which are often relatives or families from the villages in which the children fled. The sooner unaccompanied children are identified, the better their chances of survival, said Jaya Murthy, a Unicef spokesman.

"It is critical that they are identified as soon as possible because they are most at risk," he said. "They are exposed to abuse, exploitation, sexual violence and recruitment into militias. And they don't even have the protection of families. They are on their own." Once separated children are identified, Unicef's local partners go out into the field to track down the families. "It's kind of like detective work," Mr Murthy said.

Such organisations as Save the Children visit villages where lost children have fled and ask the residents if anyone is missing a child. Some of the villages are still occupied by the rebels, which poses a challenge. "It is difficult to reunify children in the villages that are still under control of the rebels," said Jonas Buchaguzi, a reunification specialist with Save the Children. "If we manage to reunify the children to rebel-controlled areas, sometimes they are forced to work for the rebels."

Unicef screens the host families to make sure the separated children will have a fostering environment while their family is being traced. The host families receive a small amount of compensation, but in this time of war, many families take in separated children out of a sense of obligation. "It would be very difficult for me to lose a child," said Mr Semitaga, who, along with his wife, is caring for Blandine and their two children. "That is why I took that child."

Some of the children who have lost their families are as young as two. Older children often live on their own without the protection of host families. Nathalie Wiseka, 13, takes care of her 11-year-old brother. Her mother died when she was young and she became separated from her father during the fighting in October. "We always talk about our father," she said. "I miss him. He was providing food for us. Now we have no one to provide food. I take care of myself now. No one helps me."

Parents who have lost children live in this camp alongside the separated children. Nyirambabazi Mbonabucha lost her seven-year-old son last month. The boy was buying sugar from the local market in the camp when a group of government soldiers passed through the camp fleeing a rebel advance. She has not seen her son since. "I think wherever the soldiers went, that is where my child is," she said. "We tried to look everywhere, but with no success. I have much pain when I remember my son. I hope even today that I may find him."

mbrown@thenational.ae

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Name: Almnssa
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Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
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General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

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In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

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UAE currency: the story behind the money in your pockets
Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
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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.”

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million