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Equatorial Guinea wants Gabon’s claim on islands rejected by ICJ

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Equatorial Guinea requested on Monday that the International Court of Justice (ICJ) dismiss Gabon’s claim to multiple islands situated in potentially oil-rich seas within the Gulf of Guinea.

The tiny island of Mbanié, which is located less than a kilometre (about 1,000 yards) off the coast of Gabon, is the centre of a dispute between the two major oil-producing countries of Africa. They have requested that the UN’s highest court resolve the case.

“Gabon’s position is factually and legally untenable,” said Equatorial Guinea’s representative at the court, Domingo Mba Esono.

Since Gabon’s army ousted Equatorial Guinean soldiers from Mbanié in 1972, there has been violence. Since then, Gabon has established its own military outpost on the 74-acre, nearly deserted island (30 hectares).

However, the conflict was forgotten until the early 2000s, when renewed interest in the Gulf of Guinea was sparked by the possibility of oil.

Following years of UN mediation, the nations inked a deal in 2016 that would eventually allow the International Court of Justice, or World Court, to resolve the conflict.

The convention that divided up French and Spanish colonial holdings in West Africa in 1900 serves as the foundation for Equatorial Guinea’s claim to the islands.

In the meantime, Gabon asserts that the 1974 accord ought to serve as the foundation for the ICJ’s ruling. Gabon’s 1974 agreement evidence document, according to Equatorial Guinea, is not an original and is not signed.

Hearings will last a week. Gabon presents its case on Wednesday. Next year is anticipated to see the court’s definitive and binding decision.

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Politics

Barrick Gold, Mali govt resolve issues on Loulo and Gounkoto mines

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The government of Mali and Barrick Gold Corp (ABX.TO) have resolved their ongoing claims and disagreements about the Loulo and Gounkoto gold mines in that West African nation, the company announced on Monday.

Two days after four Barrick employees were detained by the Malian government, the second-largest miner in the world made a statement. A new mining agreement that would allow Mali’s military-led government more control over its resources has been negotiated by the two sides. Among Africa’s top producers of gold is Mali.

According to Barrick, once the terms of the settlement have been finalised, the agreement’s specifics will be made public.

“The current negotiations have proved challenging but we’re encouraged by the government’s recognition of the importance of securing the long-term viability of the Loulo-Gounkoto complex as a substantial contributor to the Malian economy,” Barrick’s CEO, Mark Bristow, said in a statement.

It was not immediately possible to reach the Mali government for comment.

Barrick announced in July that it has made over $10 billion in economic investments in Mali during the previous 29 years.

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ECOWAS allocates $380m to electrify Nigerian health facilities

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Regional bloc, The Economic Community of West African States Commission has declared its intention to spend $380 million powering public health facilities and schools in eighteen countries—Nigeria, Benin, Chad, and other countries in the Sahel and West Africa— as well as other countries in West Africa.

The project intends to alleviate the region’s chronic energy access shortage, which impacts over 208 million people, mostly in rural areas.

El Hadji Sylla, Senior Adviser on the Regional Off-Grid Electricity Access Project at the ECOWAS Commission, presented the project’s objectives at a stakeholder meeting in Abuja on Thursday. The program is funded by the Dutch government, the Clean Technology Fund, and the World Bank.

According to Sylla, the project’s goal is to improve rural residents’ access to power by emphasising off-grid options for crucial public services.

“The cost of the project is $380m, and we want to promote a new innovative chain to electrify public institutions. Our target is to electrify schools and health centres to improve service delivery.

“We are piloting the project in Nigeria and the Benin Republic. The project covers 15 countries in the ECOWAS region and four countries in the Sahel region,” Sylla said.

“We are targeting schools and health centres to improve service delivery,” Sylla said, adding that the project is expected to be completed in five years across all participating countries, with the pilot phase in Nigeria and Benin to be executed within 18 months.

The program in Nigeria will start with electricity initiatives in a few Federal Capital Territory, Niger, and Nasarawa state schools and health centres.

Through grants and subsidies, Nigeria’s attempts to electrify its rural areas have greatly improved, according to Minister of Power Adebayo Adelabu.

Bem Ayangeaor, speaking on behalf of Adelabu, expressed optimism that the sector will see a growth in private sector investment due to official assistance.

“I do not doubt that the rural electrification space in Nigeria, thanks to grants and subsidies, has grown significantly and will soon reach a stage where public support leverages private sector financing at higher efficiencies than it is presently done.

“A stage where the private sector would be more excited in investing in the electrification space because of the benefits to be gained,” Adelabu said.

Electricity is essential for modern education, especially for science and technology-focused schools, according to Muyibat Olodo, Director of Technology and Science Education at the Federal Ministry of Education.

“Access to power is not a luxury in Nigeria and especially in our public institutions. There is a need for uninterrupted power supply in our schools especially those in the science and technology field.

“With proper implementation, our public institutions in the FCT, Niger, and Nasarawa states will become models of energy resilience, self-sufficiency, and sustainability,” she stated.

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