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Namibia threatens to lead SADC out of global wildlife pact

The country was angered after losing a bid to ease controls over products from its white rhino population

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Namibia threatens to lead SADC out of global wildlife pact

Namibia threatened to lead Southern African nations, home to the bulk of the world’s rhinos and elephants, out of a global convention that governs trade in wild plants and animals and their products.

The country was angered after losing a bid to ease controls over products from its white rhino population, which numbers more than 1,000 of the endangered beasts. The Convention on International Trade in Endangered Species of Wild Fauna and Flora decided in Geneva to retain restrictions on the trade.

“There are countries that hold views that are not based on science. Instead of applying science, they are just politicizing the whole matter”, said Pohamba Shifeta, Namibia’s Environment Minister.

“As the Southern African Development Community region, the region with the largest population of the Rhinoceros species, we will reconsider our staying in CITES if it is the case. We are going to have a meeting and we are going to make a statement”, the minister said.

SADC has 16 member states including Namibia, South Africa, Botswana, Tanzania and the Democratic Republic of Congo.

Southern African countries, generally regarded as having run the best conservation programs in Africa, have been angered by decisions taken at CITES this year.

The group refused to ease controls on elephant ivory to allow several nations sell their stockpiles and banned the export of wild elephants outside of the range where they occur naturally after Zimbabwe sold the animals to zoos in China and other countries.

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Nigeria to sign military cooperation deal with Russia

Nigerian President, Muhammadu Buhari is due to meet Putin on the sidelines of a Russia-Africa summit in Sochi

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Nigeria to sign military cooperation deal with Russia

Nigerian President, Muhammadu Buhari hopes to sign a military-technical cooperation deal with Russia at talks with President Vladimir Putin this month that will help it fight Boko Haram militants.

The Nigerian leader is due to meet Putin on the sidelines of a Russia-Africa summit in the Black Sea city of Sochi amid a push by Moscow to expand its influence in Africa.

“We’re sure that with Russian help we’ll manage to crush Boko Haram, given Russia’s experience combating Islamic State in Syria,” Nigerian envoy, Steve Ugbah said in an interview with Russia’s RIA news agency, adding that Nigeria was interested in purchasing Russian helicopters, planes, tanks and other military equipment.

Ugbah says a military-technical cooperation deal between Russia and Nigeria had already been drafted and that it is awaiting finalisation. 

“We hope President Buhari can take the talks to their logical end. The agreement will open new possibilities in such areas as the supply of military equipment and training for specialists,” he adds.

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Nigeria, Cameroon to plan Cocoa price cartel

The plan suggested by Nigeria is part of a trend by cocoa growers in West Africa and Latin America

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Nigeria, Cameroon to plan Cocoa price cartel

Nigeria aims to team up with Cameroon to agree on a premium for its cocoa with buyers, after the world’s top growers, Ivory Coast and Ghana set a price floor for the crop.

The plan suggested by Nigeria, the world’s fourth-largest cocoa producer, is part of a trend which has seen growers in West Africa and Latin America seek to influence prices in the global market.

The move follows Ghana and Ivory Coast’s union in July, which set the price for a ton of cocoa from their countries at $2,600 plus a $400 premium described as “living income differential”.

READ: Cocoa industry stakeholders accept Ghana, Ivory Coast price

Both countries produced 60 per cent of the world’s cocoa in 2018.

Vice President of the World Cocoa Producers Organisation, Sayina Riman says discussions will be held with the private sector and the Nigerian Government before formal talks are held with Cameroon.  

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Exxon to invest $500 million in Mozambique LNG project

Construction of onshore facilities has been awarded to a consortium led by Japan’s JGC, U.K firm TechnipFMC and U.S. company, Fluor Corp

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Exxon to invest $500 million in Mozambique LNG project

Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique.

The U.S. oil company’s $30 billion Rovuma LNG project, jointly operated with Italy’s Eni, has a capacity of more than 15 million tonnes a year (mtpa) and is set to pump much-needed cash into the country’s ailing economy. 

“The Area 4 partners will advance midstream and upstream area project activities of more than $500 million as initial investments,” Exxon head of power and gas marketing, Peter Clarke told a ceremony in Mozambique’s capital Maputo on Tuesday.

Construction of onshore facilities has been awarded to a consortium led by Japan’s JGC, U.K firm TechnipFMC and U.S. company, Fluor Corp.

“These EPC (engineering, procurement and construction) contracts cover the construction of two natural gas production trains with a total capacity of 15.2 million tons per annum, as well as associated onshore facilities,” Clarke adds.

Final investment decisions, a term used by the oil industry to mean the commercial and regulatory aspects of a project are finalised, will be made in 2020.

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