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Ivorian Foreign Minister discusses trade in Turkey, wants resolution committee for Ukraine/Russia war

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Ivorian Foreign Minister Kandia Camara, in Ankara on Tuesday, discussed trade opportunities with her Turkish counterpart Mevlüt Çavuşoğlu.

Camara, on the 8th day of her working stay in Turkey, met Çavuşoğlu where the officials discussed business and trade as they touched on ways to strengthen bilateral relations.

The Ivorian minister hinted the agricultural sector would experience significant transformations in the coming years, increasing investment opportunities if Turkey invests more than 200 million dollars in the West African country.

During a press conference, she addressed the war in Ukraine and called for the creation of an international conflict resolution committee: “It would be good if there were a committee bringing together the Foreign ministers of all regions of the world to anticipate potential conflicts between countries

“That committee would travel from capital to capital, and gather the parties at war, bring them around the table to negotiate and find peaceful solutions through diplomacy, discussion, and dialogue. This is what you have succeeded in doing here in Ankara by inviting the foreign ministers of Russia and Ukraine”,she said further.

The Foreign Ministers also discussed health and education. Camara said the countries had signed a deal for Ivorian aspiring nurses and doctors to be able to come study in the transcontinental country.

Turkey is the first country to which Ivorians go for medical care“.

She added, the two countries would discuss how to increase the number of scholarships Ivorian students could be offered to pursue their education in Turkey.

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World Bank predicts Mozambique economy growing at 5.7% on average

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The World Bank has predicted that the economic growth in Mozambique is expected to accelerate in the medium term averaging 5.7% between 2022 and 2024, as a result of demand recovery and economy benefits from the start of liquefied natural gas production this year.

In a report released Thursday, the World Bank said the start of LNG production at the offshore Coral Project and the expected resumption of other LNG projects would help spur the southeast African nation’s growth in the intervening year.

The World Bank said a three-year extended credit facility arrangement agreed by Mozambique with the International Monetary Fund (IMF) and budget support from other partners would further help to strengthen its economic recovery.

The IMF’s executive board had, in May, approved a $456 million program for the country, the first since the global lender suspended support to Mozambique six years ago.

However, the World Bank warned that risks remained for Mozambique’s growth, especially from rising import prices due to the conflict in Ukraine, a possible surge in COVID infection waves, and insurgency in the north.

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Nigeria, Algeria, Niger to revive Saharan gas pipeline talks

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The governments of Nigeria, Algeria and Niger Republic have held talks to revive a gas pipeline project across the Sahara which had been put on hold for over 40 years, with the potential opportunity for Europe to diversify its gas sources as the world faces a short fall as a result of the Russian-Ukraine war.

The three countries, represented by their various Petroleum Ministers, met in Abuja, Nigeria’s capital on Wednesday and resolved to set up a task force to revive the project and designated an entity to update the feasibility study.

A statement by Niger’s Oil Ministry after the two-day meeting stated that the Trans-Saharan gas pipeline project estimated at $13 billion, could send up to 30 billion cubic metres a year of supplies to Europe.

The statement added that the energy ministers of the three countries will meet again in Algiers at the end of July to “validate the proposals of the newly installed task force.”

“The pipeline should allow Europe to diversify its sources of natural gas supply but also allow several African states to access this high value energy source,” the statement said.

“With a length of 4,128 kilometres (2,565 miles), the pipeline would start in Warri, Nigeria, and end in Hassi R’Mel, Algeria, where it would connect to existing pipelines that run to Europe,” it said.

The gas pipeline idea was first proposed more than 40 years ago with an agreement signed between the three countries in 2009, but progress stalled stalled following a lack of follow through by the countries.

Earlier this month, Nigeria also took steps to revive another gas pipeline project that would pass through West Africa, Morocco to Europe.

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