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The Port of Kribi becomes main wood export channel to CAR
https://www.businessincameroon.com/wood/1802-8858-the-port-of-kribi-becomes-main-wood-export-channel-to-car
https://www.bollore-ports.com/en/worldwide-network/africa/port-of-kribi-cameroon.html
The Port of Kribi becomes main wood export channel to CAR
(Business in Cameroon) - Timber export conditions at the port of Douala, Cameroon’s economic capital, have been improving since the beginning of the year, the International Tropical Timber Organization (ITTO) noted.
However, despite this upturn which is the result of a slowdown in Chinese demand, ITTO said, some timber exporters now ship cargoes through the deep-water port of Kribi, commissioned in March 2018 in the southern region.
In a memo covering the period Feb.1-15, 2019, ITTO revealed that despite the improvement situation at the port of Douala, “exporters of sawn timber and logs to the Central African Republic shipped their cargoes through the port of Kribi”.
“It is logical that part of the traffic from the port of Douala should be redirected to the port of Kribi. This will allow to ease traffic,” Patrice Melom, MD of the autonomous port of Kribi (PAK), said at the end of a seminar held April 19-20, 2018 with players of the timber sector to discuss ways to carry out export activities within the Kribi port platform.
Wood exports at the Kibri port are carried out by Kribi Containers Terminal (KCT), a company controlled by the Franco-Chinese consortium Bolloré-CHEC-CMA CGM in partnership with the Chinese shipowner Cosco.
Brice R. Mbodiam
The Port of Kribi becomes main wood export channel to CAR
https://www.businessincameroon.com/wood/1802-8858-the-port-of-kribi-becomes-main-wood-export-channel-to-car
https://www.bollore-ports.com/en/worldwide-network/africa/port-of-kribi-cameroon.html
The Port of Kribi becomes main wood export channel to CAR
(Business in Cameroon) - Timber export conditions at the port of Douala, Cameroon’s economic capital, have been improving since the beginning of the year, the International Tropical Timber Organization (ITTO) noted.
However, despite this upturn which is the result of a slowdown in Chinese demand, ITTO said, some timber exporters now ship cargoes through the deep-water port of Kribi, commissioned in March 2018 in the southern region.
In a memo covering the period Feb.1-15, 2019, ITTO revealed that despite the improvement situation at the port of Douala, “exporters of sawn timber and logs to the Central African Republic shipped their cargoes through the port of Kribi”.
“It is logical that part of the traffic from the port of Douala should be redirected to the port of Kribi. This will allow to ease traffic,” Patrice Melom, MD of the autonomous port of Kribi (PAK), said at the end of a seminar held April 19-20, 2018 with players of the timber sector to discuss ways to carry out export activities within the Kribi port platform.
Wood exports at the Kibri port are carried out by Kribi Containers Terminal (KCT), a company controlled by the Franco-Chinese consortium Bolloré-CHEC-CMA CGM in partnership with the Chinese shipowner Cosco.
Brice R. Mbodiam
Thanks, glad to see some new posters.
Was a solid day, but given the company assets and potential, there's justification to it. The tax season sell off and positive CAR news that came out recently justifies a move for sure into the 30's at the very least.
Despite the jump today, it's actually got quite a bit of value to still regain. 2 million ounces of gold that's proven isn't easy to get and they have it all, along with more gold that can be proven up. Books are clean, their royalty could bear more fruit with there other targets in Senegal. I see $0.80 to $1 once they get back on their Passendro property and announce the JV partner in the next little bit.
The reality of getting back Passendro is starting to sink in and word is spreading.
The Government of the Central African Republic (CAR) Announces a Peace Agreement with Armed Groups
Vancouver, British Columbia--(Newsfile Corp. -February 12, 2019) - AXMIN Inc.(TSXV: AXM) ("AXMIN" or the "Company") notes the following news release.
OnSaturday February 2, 2019 the Government of the CAR announced on social media that an agreement for peace had been made at the talks taking place in Khartoum. The Government stated that the agreement would be initialed on Sunday February 3, 2019 and thereafter it was signed in Bangui onFebruary 6th.
The agreement comes after discussions that were facilitated in Khartoum by the African Union and the Untied Nations with assistance from Russia. The key points of this agreement are:
An immediate cessation of violence by the armed groups against defense and security forces, UN personnel, humanitarian workers and the general population.
The armed groups will respect the legitimacy of the CAR's institutions and will disband.
The Government will analyse the reintegration of the leaders of the armed groups who previously served as civil servants or in the military.
The Government will set up a Truth, Justice, Reparation and Reconciliation Commission within 90 days.
The parties to the agreement will undertake to set up mixed security units that will include both the defense and security forces as well as former members of the armed groups.
A Prime Minister will be appointed drawn from a representative of the former armed groups.
The former armed groups will have the right to start political parties without hindrance.
Ambassador Smail Chergui, the African Union Commissioner for Peace and Security stated on social media:
… I am humbled to announce that with the exemplary cooperation I received from both the Government of the CAR(@GouvCF) and the 14 armed groups, we have secured a#peaceagreementtodayin the interest of the people of#CAR.
Separately onThursday January 31, 2019 the United Nations Security Council voted unanimously on a resolution drafted by France that provides for a road map to lift the arms embargo on the CAR. This resolution states that the Council will establish requisite benchmarks byApril 30, 2019 and will assess progress on these benchmarks byJuly 31, 2019. The Council will then review the arms embargo measures bySeptember 30,2019.
The resolution welcomes 'the significant efforts made by the CAR authorities' to advance security sector reform, including by developing a national defense plan and national security policy. This resolution acknowledged 'the urgent need for the CAR authorities to train and equip their defense and security forces to be able to respond proportionately to threats to the security of all citizens in the CAR.' The Council stated that it had granted several exemptions to allow shipments of weapons from France, Russia, China, the United States and Belgium for the CAR's army.
AXMIN's Chairman and CEO Lucy Yan stated:
AXMIN is delighted to hear that a peace agreement has been reached in Khartoum and hope that this agreement will be honored and bring security and stability to the CAR. The Company believes that the combination of the agreement together with the eventual lifting of the arms embargo should provide both the framework for stability and also the effective method of enforcement by equipping and deploying the military forces of the Government of the CAR. We look forward to being back on site and working on developing the Passendro asset as soon as conditions allow in the near future.
A further press release regarding the security situation in Ndassima, the location of the Company's Passendro asset, will be made when appropriate to do so.
About AXMIN
AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the political situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website atwww.axmininc.com. Please also follow us on Facebook.https://www.facebook.com/axmininc
For additional information, please contact AXMIN Inc.:
Lucy Yan
Chairman and CEO
ceo@axmininc.com
AXMIN Inc.
General Enquiries
David de Jongh Weill
Chief Financial Officer and Corporate Secretary
david@axmininc.com
+65 9781 8281
Investor Relations
ir@axmininc.com
www.axmininc.com
The Government of the Central African Republic (CAR) Announces a Peace Agreement with Armed Groups
Vancouver, British Columbia--(Newsfile Corp. -February 12, 2019) - AXMIN Inc.(TSXV: AXM) ("AXMIN" or the "Company") notes the following news release.
OnSaturday February 2, 2019 the Government of the CAR announced on social media that an agreement for peace had been made at the talks taking place in Khartoum. The Government stated that the agreement would be initialed on Sunday February 3, 2019 and thereafter it was signed in Bangui onFebruary 6th.
The agreement comes after discussions that were facilitated in Khartoum by the African Union and the Untied Nations with assistance from Russia. The key points of this agreement are:
An immediate cessation of violence by the armed groups against defense and security forces, UN personnel, humanitarian workers and the general population.
The armed groups will respect the legitimacy of the CAR's institutions and will disband.
The Government will analyse the reintegration of the leaders of the armed groups who previously served as civil servants or in the military.
The Government will set up a Truth, Justice, Reparation and Reconciliation Commission within 90 days.
The parties to the agreement will undertake to set up mixed security units that will include both the defense and security forces as well as former members of the armed groups.
A Prime Minister will be appointed drawn from a representative of the former armed groups.
The former armed groups will have the right to start political parties without hindrance.
Ambassador Smail Chergui, the African Union Commissioner for Peace and Security stated on social media:
… I am humbled to announce that with the exemplary cooperation I received from both the Government of the CAR(@GouvCF) and the 14 armed groups, we have secured a#peaceagreementtodayin the interest of the people of#CAR.
Separately onThursday January 31, 2019 the United Nations Security Council voted unanimously on a resolution drafted by France that provides for a road map to lift the arms embargo on the CAR. This resolution states that the Council will establish requisite benchmarks byApril 30, 2019 and will assess progress on these benchmarks byJuly 31, 2019. The Council will then review the arms embargo measures bySeptember 30,2019.
The resolution welcomes 'the significant efforts made by the CAR authorities' to advance security sector reform, including by developing a national defense plan and national security policy. This resolution acknowledged 'the urgent need for the CAR authorities to train and equip their defense and security forces to be able to respond proportionately to threats to the security of all citizens in the CAR.' The Council stated that it had granted several exemptions to allow shipments of weapons from France, Russia, China, the United States and Belgium for the CAR's army.
AXMIN's Chairman and CEO Lucy Yan stated:
AXMIN is delighted to hear that a peace agreement has been reached in Khartoum and hope that this agreement will be honored and bring security and stability to the CAR. The Company believes that the combination of the agreement together with the eventual lifting of the arms embargo should provide both the framework for stability and also the effective method of enforcement by equipping and deploying the military forces of the Government of the CAR. We look forward to being back on site and working on developing the Passendro asset as soon as conditions allow in the near future.
A further press release regarding the security situation in Ndassima, the location of the Company's Passendro asset, will be made when appropriate to do so.
About AXMIN
AXMIN is a Canadian exploration and development company with a strong focus on the African continent. AXMIN continues to closely monitor the political situation at its Passendro Gold Project in the Central African Republic. For more information regarding AXMIN visit our website atwww.axmininc.com. Please also follow us on Facebook.https://www.facebook.com/axmininc
For additional information, please contact AXMIN Inc.:
Lucy Yan
Chairman and CEO
ceo@axmininc.com
AXMIN Inc.
General Enquiries
David de Jongh Weill
Chief Financial Officer and Corporate Secretary
david@axmininc.com
+65 9781 8281
Investor Relations
ir@axmininc.com
www.axmininc.com
Five new articles out today about the Central African Republic:
Central African Republic: Central African Ambassador - Peace Agreement Has Ended War - https://allafrica.com/stories/201902110217.html
Youtube Video(Feb.11) The people seeking peace after conflict in the Central African Republic -
Five new articles out today about the Central African Republic:
Central African Republic: Central African Ambassador - Peace Agreement Has Ended War - https://allafrica.com/stories/201902110217.html
Youtube Video(Feb.11) The people seeking peace after conflict in the Central African Republic -
The original 43-101 from 2011 was added back to Axmin's website this week, along with a post from their Facebook page which reads:
We have been asked to provide the original NI 43-101 study that was done so we provide the link here. Please note that this may change as when we get back on site, we will conduct a site survey and as per our January press release will most probably take a phased approach with a strategic partner to bring the CAR asset into rapid production, subject to and with the approval of the duly elected government of the CAR. http://axmininc.com/Presentations.php?
https://www.facebook.com/pg/axmininc/posts/?ref=page_internal
http://axmininc.com/Presentations.php?fbclid=IwAR1SdVFj5u7ZpV5eiLlF_T7_MixEcfGXJuiPLfzt5ZBIBo3OfOIwbH7-vBU
The original 43-101 from 2011 was added back to Axmin's website this week, along with a post from their Facebook page which reads:
We have been asked to provide the original NI 43-101 study that was done so we provide the link here. Please note that this may change as when we get back on site, we will conduct a site survey and as per our January press release will most probably take a phased approach with a strategic partner to bring the CAR asset into rapid production, subject to and with the approval of the duly elected government of the CAR. http://axmininc.com/Presentations.php?
https://www.facebook.com/pg/axmininc/posts/?ref=page_internal
http://axmininc.com/Presentations.php?fbclid=IwAR1SdVFj5u7ZpV5eiLlF_T7_MixEcfGXJuiPLfzt5ZBIBo3OfOIwbH7-vBU
Details from Central African Republic rebel deal released
https://wtop.com/africa/2019/02/details-from-central-african-republic-rebel-deal-released/
BANGUI, Central African Republic (AP) — An agreement signed by Central African Republic and 14 rebel groups earlier this week will see the dissolution of armed groups, the formation of an inclusive government and the creation of a fund for victims who have suffered in years of conflict, according to the accord seen Friday.
The deal signed Wednesday is the eighth since the fighting began in 2013 but the first to emerge from direct dialogue. The 30-page peace pact, negotiated in Sudan and titled the Political Accord for Peace and Reconciliation, evokes four main points: victims, justice, peace and national reconciliation.
The agreement says that armed groups will undertake to respect the legitimacy of the country’s institutions, and to renounce the use of arms and violence against the defense and security forces, U.N. personnel and humanitarian workers.
They also agree to refrain from any act of destruction, occupation of public buildings, place of worship and violence against the civilian population, as well as acts of sexual or gender-based violence.
In exchange, armed groups are able to create political parties.
The government, meanwhile, will monitor the agreement and analyze the reintegration of the leaders of armed groups who formerly served as civil servants or military.
The government is also committed to set up a Truth, Justice, Reparation and Reconciliation Commission within 90 days, cutting short the idea of amnesty long negotiated by armed group leaders.
The signatories also undertake to set up mixed security units that will include elements of the defense and security forces as well as ex-combatants after training.
This means that armed groups will dissolve their movement and help facilitate the return of the authority of the state and to participate in disarmament, demobilization, reintegration and repatriation within two months.
Armed groups currently control around 80 percent of Central African Republic, and President Faustin Archange Touadera, in power since 2016, has struggled to stabilize the country as armed groups compete over lands rich in gold, diamonds and uranium.
The major conflict in Central African Republic began in 2013 when predominantly Muslim Seleka rebels seized power in Bangui. Largely Christian anti-Balaka militias fought back. Rebels continue to carry out deadly attacks on displaced people’s camps and other communities.
The African Union, which oversaw the negotiations that began on Jan. 24 in Khartoum, has expressed optimism about the agreement.
Details from Central African Republic rebel deal released
https://wtop.com/africa/2019/02/details-from-central-african-republic-rebel-deal-released/
BANGUI, Central African Republic (AP) — An agreement signed by Central African Republic and 14 rebel groups earlier this week will see the dissolution of armed groups, the formation of an inclusive government and the creation of a fund for victims who have suffered in years of conflict, according to the accord seen Friday.
The deal signed Wednesday is the eighth since the fighting began in 2013 but the first to emerge from direct dialogue. The 30-page peace pact, negotiated in Sudan and titled the Political Accord for Peace and Reconciliation, evokes four main points: victims, justice, peace and national reconciliation.
The agreement says that armed groups will undertake to respect the legitimacy of the country’s institutions, and to renounce the use of arms and violence against the defense and security forces, U.N. personnel and humanitarian workers.
They also agree to refrain from any act of destruction, occupation of public buildings, place of worship and violence against the civilian population, as well as acts of sexual or gender-based violence.
In exchange, armed groups are able to create political parties.
The government, meanwhile, will monitor the agreement and analyze the reintegration of the leaders of armed groups who formerly served as civil servants or military.
The government is also committed to set up a Truth, Justice, Reparation and Reconciliation Commission within 90 days, cutting short the idea of amnesty long negotiated by armed group leaders.
The signatories also undertake to set up mixed security units that will include elements of the defense and security forces as well as ex-combatants after training.
This means that armed groups will dissolve their movement and help facilitate the return of the authority of the state and to participate in disarmament, demobilization, reintegration and repatriation within two months.
Armed groups currently control around 80 percent of Central African Republic, and President Faustin Archange Touadera, in power since 2016, has struggled to stabilize the country as armed groups compete over lands rich in gold, diamonds and uranium.
The major conflict in Central African Republic began in 2013 when predominantly Muslim Seleka rebels seized power in Bangui. Largely Christian anti-Balaka militias fought back. Rebels continue to carry out deadly attacks on displaced people’s camps and other communities.
The African Union, which oversaw the negotiations that began on Jan. 24 in Khartoum, has expressed optimism about the agreement.
Hillcrest Petroleum begins oil production at West Hazel
2019-01-17 13:22 MT - News Release
Mr. Donald Currie reports
SASKATCHEWAN OIL PRODUCTION OPERATIONS UPDATE
Hillcrest Petroleum Ltd.'s upgraded West Hazel production facility is now in operation. Production started from two wells on Jan. 13, 2019, and Jan. 15, 2019, respectively. Initial fluid production rates from both wells are as expected. Production from the remaining two wells will be brought on line after workovers on these wells are completed.
The company's previously announced plans to restore production from the West Hazel field has been completed on budget. Oil production from the four wells is expected to stabilize between 150 barrels per day to 250 barrels per day, with potential to increase to 500 barrels per day through further, previously unidentified field development activities, including well recompletions and development drilling. Production facilities, which include an integrated water injection system, have been upgraded to increase the fluid handling capacity in anticipation of higher production volumes. Increased capacity through production facility upgrades are expected to substantially reduce operating costs per barrel of oil as production increases with field development.
As previously announced, under the terms of its joint venture agreement on the West Hazel property, the company will provide 100 per cent of reactivation costs to return the field to production to earn a 75-per-cent working interest, reverting to 50 per cent after recovery of reactivation costs.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
those looking for reliable up to date information about the CAR government, projects, info, etc, have a look at www.gouv.cf. It's in French, so you'll have to translate it via Chrome auto translate(or whatever browse you use) but there are tons and tons of projects going on that we don't even know about. Many of them are based around Chinese deals which bodes well for Axmin since we are majority Chinese owned. Below are some recent examples:
CEREMONY OF THE SIGNATURE OF AN ACT OF COMMITMENT TO THE REALIZATION OF THE BOALI2 FALL WORKS MARKET BETWEEN THE GOVERNMENT AND THE CGGC GROUP - http://gouv.cf/actualite/112/ceremonie-de-la-signature-dun-acte-dengagement-de-realisation-du-marche-des-travaux
CHINA CHINA COMMUNICATIONS CONSTRUCTION COMPANY LTD (CCCC) AND THE NATIONAL MATERIALS BOARD (NOM) SIGN PARTNERSHIP AGREEMENT - https://www.gouv.cf/actualite/111/le-groupe-chinois-china-communications-construction-company-ltd-cccc-et-loffice
THE CENTRAL AFRICAN AND CHINESE GOVERNMENT SIGN A DONATION AGREEMENT OF 2 BILLION FCFA OF HEALTH EQUIPMENT FOR THE HOSPITAL OF FRIENDSHIP - https://www.gouv.cf/actualite/70/le-gouvernement-centrafricain-et-chinois-signent-une-convention-de-don-2-milliards-de
LAUNCH OF THE PROMOTION PROJECT FOR SMALL MODERN HYDROELECTRIC PLANTS IN THE CENTRAL AFRICAN REPUBLIC - https://www.gouv.cf/actualite/69/lancement-du-projet-de-promotion-des-petites-centrales-hydroelectriques-modernes-en
those looking for reliable up to date information about the CAR government, projects, info, etc, have a look at www.gouv.cf. It's in French, so you'll have to translate it via Chrome auto translate(or whatever browse you use) but there are tons and tons of projects going on that we don't even know about. Many of them are based around Chinese deals which bodes well for Axmin since we are majority Chinese owned. Below are some recent examples:
CEREMONY OF THE SIGNATURE OF AN ACT OF COMMITMENT TO THE REALIZATION OF THE BOALI2 FALL WORKS MARKET BETWEEN THE GOVERNMENT AND THE CGGC GROUP - http://gouv.cf/actualite/112/ceremonie-de-la-signature-dun-acte-dengagement-de-realisation-du-marche-des-travaux
CHINA CHINA COMMUNICATIONS CONSTRUCTION COMPANY LTD (CCCC) AND THE NATIONAL MATERIALS BOARD (NOM) SIGN PARTNERSHIP AGREEMENT - https://www.gouv.cf/actualite/111/le-groupe-chinois-china-communications-construction-company-ltd-cccc-et-loffice
THE CENTRAL AFRICAN AND CHINESE GOVERNMENT SIGN A DONATION AGREEMENT OF 2 BILLION FCFA OF HEALTH EQUIPMENT FOR THE HOSPITAL OF FRIENDSHIP - https://www.gouv.cf/actualite/70/le-gouvernement-centrafricain-et-chinois-signent-une-convention-de-don-2-milliards-de
LAUNCH OF THE PROMOTION PROJECT FOR SMALL MODERN HYDROELECTRIC PLANTS IN THE CENTRAL AFRICAN REPUBLIC - https://www.gouv.cf/actualite/69/lancement-du-projet-de-promotion-des-petites-centrales-hydroelectriques-modernes-en
HRH.V now owns ARW.V assets for those that are interested.
CAF Year end results will be out in 2-3 weeks
Canaf (CAFZF) Due Diligence Report (Based On financials and last filings)
Canaf Group Inc.(CAF.V) Q3 2018 Results. Financials + MD&A
Ending July 31st 2018. All information can be found at www.sedar.com
TSXV Symbol: CAF - OCTBB Symbol: CAFZF
Price: $0.075
Common Shares: 47,426,195
Insider Holdings: 12,304,085 or 26% - Majority Owned By CEO & Family
Warrants/Options: 0
Website: www.canafgroup.com
Financials (All In US Dollars)
ASSETS
Cash: $1,252,240
Trade Receivables: $1,682,075
Sales Tax Receivable: $20,078
Inventories: $685,983
Prepaid Expenses: $25,496
Property & Equipment: $808,845
Intangible: $1
Total Assets: $4,474,719
LIABILITIES
Trade Payables: $1,684,853
Sales Tax Payable: -$859
Income Tax Payable: $72,029
Current Portion Of Bank Loan: $174,801 - Due Jan 2019
Total Liabilities: $1,930,824
Q1-Q3 Performance
Sales: $12,137,604
Gross Profit: $933,187
G&A Expenses: ($444,535)
Interest Income: $53,645
Income Tax Expense: ($26,192)
Foreign Currency Gain: $119,153
Net Income For 2018: $635,257
Management Discussion & Highlights
OVERALL PERFORMANCE AND OUTLOOK
Revenues for the nine months were $12,137,604 (2017 - $8,443,667) a 43.7% increase, and the Corporation continues to
be profitable with gross profits of $933,187 (2017 - $889,225) a 4.9% increase and net income for nine month period
ended July 31, 2018 of $516,105 (2017 - $595,716) a 13% reduction. While revenues and gross margin have grown,
increased cost of sales produced smaller gross margin percentages, 2018 7.7% (2017 10.5 %). The reduction in the gross
margin is mainly due to major maintenance and re-commissioning costs during the period as well as various one off
costs.
The Corporation expects to continue to operate profitably into Q4, however Revenue is expected to reduce slightly as
demand for calcine reduces slightly due to a slowing in manganese and steel production downstream of the supply chain.
The Corporation cannot be sure of how long this slight reduction in demand will continue for, however remains
confident that Southern Coal will continue to operate profitably as it continues to work with a potential new customer
with the intention to secure a new long-term supply contract.
Whilst continuing to ensure that Southern Coal continues to generate free cash flow, the Corporation is also actively
exploring new opportunities in South Africa and its neighbours, as it accumulates cash and reduces its gearing; from
January 2019 Southern Coal will have completed the repayment of the 14 million Rand loan with ABSA which will
add approximately $26,000 per month to its cash-flow.
The Corporation’s B-BBEE transaction for the sale of 30% of Quantum’s shares in Southern Coal for 18 million Rand
was completed during the quarter. This marks a significant milestone in the strategic plan to bring Southern Coal’s BBBEE
rating in line with its existing and potential new customers’ requirements. The revised effective date for the
transaction is 01 August 2018.
BROAD-BASED BLACK ECONOMIC EMPOWERMENT TRANSACTION (B-BBEE)
As part of Southern Coal’s B-BBEE transformation program, Amandla Amakhulu (Pty) Ltd., (“AAM”), a 100% black,
privately owned, and ringfenced, company incorporated in South Africa, acquired 30% of the issued shares of Southern
Coal, from Canaf’s wholly owned subsidiary, Quantum, for the value of 18 million Rand. The revised effective date
for the transaction is 01 August 2018.
Quantum in return received cumulative, redeemable preference shares in AAM in the amount of the purchase price.
These preference shares shall provide preferential dividends, until redeemed by AAM. These dividends will be secured
by an irrevocable direction from AAM to Southern Coal to pay Quantum such dividends from any distribution to
AAM.
CLAIM AGAINST KILEMBE MINES LIMITED
In August 2006, Canaf, then known as Uganda Gold Mining, announced the termination of any further investment into
its Kilembe Copper-Cobalt Project in Uganda. Since 2007, the Corporation has been engaged in an arbitration with
Kilembe Mines Limited, (“KML”), whereby the Corporation seeks general damages, special damages and costs of the
arbitration from KML for breach of contract.
The legal work, carried out by MMAKS Advocates, Kampala, against KML is at no cost to the Corporation, but any
award in won by MMAKS efforts will be distributed to both MMAKS and Canaf.
Despite the fact that the claim against KML Corporation remains active, the Corporation is unable to give an indication
of either the quantum or any likely date by which the arbitration will be concluded.
Sales
Revenue for the nine months was $12,137,604 (2017 - $8,443,667), 44% increase due to high demand for Southern
Coal's calcine product from both of its main customers, particularly in Q2. The Corporation is confident that
Sales will remain at profitable levels in to Q4, however expects to see a slight reduction in comparison
to Q3, as demand falls off slightly.
Expenses
Expenses for the nine months were $444,535 (2017 - $237,288) an increase of $89,286, 25%, primarily due to
increased costs relating to the B-BBEE program and major maintenance costs on Southern Coal’s old calcining
facilities. Other one off expenses that were incurred during the period were legal costs relating to the Corporation’s
name change, as well as back dated rent for Southern Coal’s premises which were negotiated at approximately $20,000.
General administrative and finance expenses for the nine month period were $418,788 (July 31, 2017 - $312,829) an
unfavorable variance of $105,959, primarily due to increased involvement in South Africa’s B-BBEE program and
increased activity resulting in higher management fees and office expenses. The Corporation incurred extra
management and consultant fees due to the passing of its previous CFO, Zeny Manalo as well as transitional costs
associated with the resignation and appointment of its CFO during the year. The Corporation does not expect any further
extra ordinary management or consultant fees going forward.
Comprehensive Income
The Corporation is not subject to currency fluctuations in its core activities however the Corporation is subject to
transactions in various currencies and the volatility in international currency markets does have an impact on some
costs and the translation into US$ the reporting currency of the Corporation. The current period comprehensive gain on
foreign exchange in the amount of $119,153 (2017 - $27,014) is primarily as a result of the translation into US$ the
reporting currency. As at July 31, 2018 the Corporation has net comprehensive gain of $635,257 (July 31, 2017 -
$622,730.) The Corporation does not hedge net asset translation movements.
LIQUIDITY AND CAPITAL RESOURCES
At July 31, 2018, the Corporation had cash of $1,252,240 (October 31, 2017 - $453,609) and working capital of
$1,735,049 (October 31, 2017 - $1,098,726). Surplus cash and cash equivalents are deposited in interest accruing
accounts.
Working capital components include cash in current or interest bearing accounts, trade and other receivables, sales tax
receivable, inventories and prepaid expenses and deposits, trade and other payables, sales tax payable, income tax
payable, and current portion of long-term debt.
Trade receivables and trade payables are expected to increase or decrease as sales volumes change.
Canaf's Southern Coal repays 14 million rand term loan
2019-01-21 10:03 MT - News Release
Mr. Christopher Way reports
CANAF ANNOUNCES FULL REPAYMENT OF TERM LOAN AND AWARD OF B-BBEE RATING
Canaf Investments Inc.'s majority-owned South African subsidiary, Southern Coal Pty. Ltd., has fully repaid a term loan. Southern Coal has also been awarded a level 4 broad-based black economic empowerment (B-BBEE) rating.
On Jan. 7, 2019, Southern Coal made its final payment for the 14-million-rand loan from ABSA bank, which was drawn down in February, 2015. Repayment of this loan now releases Southern Coal from monthly instalments of approximately 392,000 rand (approximately $37,000 (Canadian) or $28,000 (U.S.)), which the corporation plans to allocate to future diversification or expansion projects.
On Jan. 21, 2019, further to the corporation's announcement on Aug. 15, 2018, Southern Coal was awarded a level 4, B-BBEE rating. Christopher Way, chief executive officer of Canaf, states, "Achieving a level 4 rating is a proud achievement for Southern Coal and now frees up the company's ability to engage in long-term agreements with existing and new potential customers."
The achievement of both the repayment of debt and the award of a level 4 B-BBEE rating further strengthens the corporation's financial and strategic position, as it looks at new investment and expansion opportunities.
About Canaf Investments Inc.
Canaf is a public company listed on the TSX Venture Exchange. Canaf's registered office is in Vancouver, B.C., Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing Pty. Ltd., a South African-based company that owns 70 per cent of Southern Coal.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
Canaf Investments earns $635,257 (U.S.) in nine months
2018-09-26 07:15 MT - News Release
Mr. Christopher Way reports
CANAF ANNOUNCES FINANCIAL RESULTS FOR Q3 2018
Canaf Investments Inc., formerly known as Canaf Group Inc., has released its financial statements and management discussion and analysis for the nine-month period ended July 31, 2018.
Revenue for the nine-month period ended July 31, 2018, increased to $12,137,604 (U.S.), an increase of 43.7 per cent compared with the same period last fiscal year, which generated a net comprehensive income of $635,257 (U.S.) (2017: $622,730 (U.S.)).
For more details and discussion on the results, the financial statements and management discussion and analysis can be viewed on SEDAR or the corporation's website.
About Canaf Investments Inc.
Canaf is a public company listed on the TSX Venture Exchange. Canaf's head office is in Vancouver, Canada, with subsidiary offices in the United Kingdom and South Africa. Canaf owns 100 per cent of Quantum Screening and Crushing, a South African-based company that owns 70 per cent of Southern Coal.
We seek Safe Harbor.
© 2019 Canjex Publishing Ltd. All rights reserved.
Russia To Monitor Implementation Of Peace Deal In CAR - Ex-Seleka Leader
https://www.urdupoint.com/en/world/russia-to-monitor-implementation-of-peace-dea-546450.html
Russia To Monitor Implementation Of Peace Deal In CAR - Ex-Seleka Leader
Sumaira FH 5 hours ago Tue 05th February 2019 | 07:58 PM
Russia to Monitor Implementation of Peace Deal in CAR - Ex-Seleka Leader
Noureddine Adam, leader of a faction from the former Seleka - the Popular Front for the Renaissance of the Central African Republic (FPRC) - told Sputnik Tuesday that Russia would monitor the implementation of the peace deal between the Central African Republic's (CAR) authorities and armed groups
KHARTOUM (UrduPoint News / Sputnik - 05th February, 2019) Noureddine Adam, leader of a faction from the former Seleka - the Popular Front for the Renaissance of the Central African Republic (FPRC) - told Sputnik Tuesday that Russia would monitor the implementation of the peace deal between the Central African Republic's (CAR) authorities and armed groups.
The CAR president and armed groups earlier in the day initialed the peace deal between government representatives and 14 armed groups at talks in Khartoum.
"Russia will monitor the implementation of the agreement and will support the agreement's guarantor states," Adam said.
He said the agreement included the formation of a united army and security forces.
Russia To Monitor Implementation Of Peace Deal In CAR - Ex-Seleka Leader
https://www.urdupoint.com/en/world/russia-to-monitor-implementation-of-peace-dea-546450.html
Russia To Monitor Implementation Of Peace Deal In CAR - Ex-Seleka Leader
Sumaira FH 5 hours ago Tue 05th February 2019 | 07:58 PM
Russia to Monitor Implementation of Peace Deal in CAR - Ex-Seleka Leader
Noureddine Adam, leader of a faction from the former Seleka - the Popular Front for the Renaissance of the Central African Republic (FPRC) - told Sputnik Tuesday that Russia would monitor the implementation of the peace deal between the Central African Republic's (CAR) authorities and armed groups
KHARTOUM (UrduPoint News / Sputnik - 05th February, 2019) Noureddine Adam, leader of a faction from the former Seleka - the Popular Front for the Renaissance of the Central African Republic (FPRC) - told Sputnik Tuesday that Russia would monitor the implementation of the peace deal between the Central African Republic's (CAR) authorities and armed groups.
The CAR president and armed groups earlier in the day initialed the peace deal between government representatives and 14 armed groups at talks in Khartoum.
"Russia will monitor the implementation of the agreement and will support the agreement's guarantor states," Adam said.
He said the agreement included the formation of a united army and security forces.
Peace Deal Officially Signed By CAR Government & Rebel Groups
https://abcnews.go.com/beta-story-container/International/wireStory/central-african-republic-rebel-groups-initial-peace-deal-60849833
Central African Republic, rebel groups initial a peace deal
Central African Republic, 14 rebel groups initial a peace deal after 5 years of fighting
By
The Associated Press
CAIRO — 2h ago
Central African Republic's government has initialed a peace deal with 14 armed groups following more than a week of talks in Sudan's capital.
President Faustin Archange Touadera is attending Tuesday's ceremony in Khartoum along with his Sudanese counterpart, Omar al-Bashir, and a representative of the African Union.
The agreement represents rare hope for the impoverished, landlocked nation where religious and communal fighting has continued since 2013. Thousands of people have been killed and hundreds of thousands displaced.
Details of the peace deal have not been announced, but Sudan's state media have reported that it focuses on power-sharing and transitional justice.
The United Nations has warned that the fighting in Central African Republic has carried a high risk of genocide. Scores of mosques have been burned. Religious leaders have been killed.
Peace Deal Officially Signed By CAR Government & Rebel Groups
https://abcnews.go.com/beta-story-container/International/wireStory/central-african-republic-rebel-groups-initial-peace-deal-60849833
Central African Republic, rebel groups initial a peace deal
Central African Republic, 14 rebel groups initial a peace deal after 5 years of fighting
By
The Associated Press
CAIRO — 2h ago
Central African Republic's government has initialed a peace deal with 14 armed groups following more than a week of talks in Sudan's capital.
President Faustin Archange Touadera is attending Tuesday's ceremony in Khartoum along with his Sudanese counterpart, Omar al-Bashir, and a representative of the African Union.
The agreement represents rare hope for the impoverished, landlocked nation where religious and communal fighting has continued since 2013. Thousands of people have been killed and hundreds of thousands displaced.
Details of the peace deal have not been announced, but Sudan's state media have reported that it focuses on power-sharing and transitional justice.
The United Nations has warned that the fighting in Central African Republic has carried a high risk of genocide. Scores of mosques have been burned. Religious leaders have been killed.
Teranga Gold finally updated their website, along with some maps. This one shows all the AXM royalty claims and permits very well: https://www.terangagold.com/exploration/senegal/regional-land-package/default.aspx
Keep in mind that every area in Sounkounku and Bransan Lot-B has a 1.5% NSR for AXM. If you look at the 2017 43-101, there has been around 80,000m total of drilling, along with bulk sampling and work done on all the targets, more so on the stuff close to Gora.
Targets 7,11,13,19,52 are all within 5km of Gora and with the infrastructure already there, makes sense to put them into production.
Teranga Gold finally updated their website, along with some maps. This one shows all the AXM royalty claims and permits very well: https://www.terangagold.com/exploration/senegal/regional-land-package/default.aspx
Keep in mind that every area in Sounkounku and Bransan Lot-B has a 1.5% NSR for AXM. If you look at the 2017 43-101, there has been around 80,000m total of drilling, along with bulk sampling and work done on all the targets, more so on the stuff close to Gora.
Targets 7,11,13,19,52 are all within 5km of Gora and with the infrastructure already there, makes sense to put them into production.
Three Big Articles This Week: Peace Deal Signed, Embargo Update, Gold Demand Increasing Significantly
CAR Peace Deal: https://www.reuters.com/article/us-centralafrica-peace/central-african-republic-reaches-peace-deal-with-armed-groups-u-n-idUSKCN1PR0HI?feedType=RSS&feedName=worldNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FworldNews+%28Reuters+World+News%29&&rpc=401
Embargo Update: https://www.washingtonpost.com/world/africa/un-extends-central-african-republic-arms-embargo/2019/01/31/21dcf96e-25b1-11e9-b5b4-1d18dfb7b084_story.html?noredirect=on&utm_term=.375eb04ec803
Gold Demand For 2018: https://www.bloomberg.com/news/articles/2019-01-31/gold-demand-up-amid-biggest-central-bank-buying-spree-in-decades
Three Big Articles This Week: Peace Deal Signed, Embargo Update, Gold Demand Increasing Significantly
CAR Peace Deal: https://www.reuters.com/article/us-centralafrica-peace/central-african-republic-reaches-peace-deal-with-armed-groups-u-n-idUSKCN1PR0HI?feedType=RSS&feedName=worldNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FworldNews+%28Reuters+World+News%29&&rpc=401
Embargo Update: https://www.washingtonpost.com/world/africa/un-extends-central-african-republic-arms-embargo/2019/01/31/21dcf96e-25b1-11e9-b5b4-1d18dfb7b084_story.html?noredirect=on&utm_term=.375eb04ec803
Gold Demand For 2018: https://www.bloomberg.com/news/articles/2019-01-31/gold-demand-up-amid-biggest-central-bank-buying-spree-in-decades
CENTRAL AFRICA: THE PRESIDENT OF THE REPUBLIC RECEIVED HE MR CHEN DONG, AMBASSADOR OF THE PEOPLE'S REPUBLIC OF CHINA.
http://lepotentielcentrafricain.com/?p=5381&fbclid=IwAR1-aRbxv8wLUIat0SOL2n6bX_pSVWbdbxb1aAkbZ6Bgst0O7ZGFh7BbcGk
Bangui, Jan. 31, 19
The President of the Republic, His Excellency Faustin Archange Touadera received in audience early in the afternoon of January 29, 2019, His Excellency Chen Dong, Ambassador Extraordinary and Penitentiary of the People's Republic of China near the Central African Republic.
The strengthening of bilateral cooperation between China and the Central African Republic was at the center of this meeting.
Returning from China, His Excellency Chen Dong is carrying a message from the Chinese Government to His Excellency Faustin Archange Touadera.
For the Chinese diplomat, this meeting with President Touadera made it possible to take stock of the various activities carried out in the Central African Republic in the framework of bilateral cooperation for the year 2018 as well as the projects on the agenda of the year 2019.
The Chinese diplomat Chen Dong also said that during the China-Africa summit in Beijing, President Touadera has sought multiform support of China. These supports, he says, concern the education, agriculture and security sector. This meeting with President Touadera was an opportunity to plan the implementation of these various projects during this year.
CENTRAL AFRICA: THE PRESIDENT OF THE REPUBLIC RECEIVED HE MR CHEN DONG, AMBASSADOR OF THE PEOPLE'S REPUBLIC OF CHINA.
http://lepotentielcentrafricain.com/?p=5381&fbclid=IwAR1-aRbxv8wLUIat0SOL2n6bX_pSVWbdbxb1aAkbZ6Bgst0O7ZGFh7BbcGk
Bangui, Jan. 31, 19
The President of the Republic, His Excellency Faustin Archange Touadera received in audience early in the afternoon of January 29, 2019, His Excellency Chen Dong, Ambassador Extraordinary and Penitentiary of the People's Republic of China near the Central African Republic.
The strengthening of bilateral cooperation between China and the Central African Republic was at the center of this meeting.
Returning from China, His Excellency Chen Dong is carrying a message from the Chinese Government to His Excellency Faustin Archange Touadera.
For the Chinese diplomat, this meeting with President Touadera made it possible to take stock of the various activities carried out in the Central African Republic in the framework of bilateral cooperation for the year 2018 as well as the projects on the agenda of the year 2019.
The Chinese diplomat Chen Dong also said that during the China-Africa summit in Beijing, President Touadera has sought multiform support of China. These supports, he says, concern the education, agriculture and security sector. This meeting with President Touadera was an opportunity to plan the implementation of these various projects during this year.
UN set to move toward easing Central African Republic arms embargo
https://thedefensepost.com/2019/01/30/un-ease-central-african-republic-arms-embargo/
JANUARY 30, 2019 3 MINUTES READ
The United Nations Security Council is set to open the door to an easing of the arms embargo on the Central African Republic, five years after the country stood on the verge of genocide.
The government has repeatedly called for the restrictions to be lifted to allow arms supplies to shore up its security forces fighting militias that control much of the country. Prime Minister Mathieu Simplice Sarandji led a rally of around 3,000 people on Monday calling for the arms embargo to be lifted.
The Security Council will vote on Thursday on a French-drafted resolution that calls for a review of the arms embargo by September if the Bangui government meets benchmarks in managing weapons, disarming militias and reforming its security sector, according to the text seen by AFP on Wednesday, January 30.
The draft resolution would renew the embargo until January 2020 but open the door to a partial lifting that would allow the government to purchase weapons without seeking approval from the U.N. sanctions committee.
U.N. Secretary-General Antonio Guterres will submit a report by the end of July on whether the government has met the benchmarks after CAR presents its own findings by June 30.
Diplomats said Wednesday they expect the measure to be adopted.
“We think it’s a good idea to have a review of the embargo,” Russian Ambassador Vassily Nebenzia told AFP.
Russia has stepped up its presence in the Central African Republic, training troops, brokering peace talks with militias, and providing security and advice to President Faustin-Archange Touadera, sparking tensions with France, the former colonial power.
In August, Russia signed a military cooperation agreement with CAR offering the possibility for Central African officers and NCOs to be trained in Russian military schools.
The European Union also trains Central African military personnel. In July, the bloc extended EUTM-RCA until 2020, pledging €25 million ($29 million) to help reform the country’s defense sector. The scope of the mission was also modified to give strategic advice to the president’s cabinet, interior ministry and police, as well as the military.
The U.N. sanctions committee has previously approved shipments of weapons. In December, France handed over 1,400 AK-47 assault rifles and three amphibious vehicles to the Central African Republic to shore up its beleaguered armed forces, and in 2017, the embargo was lifted to allow delivery of 1,700 Russian weapons for FACa.
France, Belgium, China and the U.S. have all recently supplied equipment for CAR’s military, but that equipment is understood not to include weaponry.
In June, France, the U.S. and the United Kingdom put a hold on a request from Central African Republic for U.N. Security Council approval of weapons shipments from China.
Parfait Onanga-Anyanga, the outgoing U.N. special envoy to the CAR, said in September that the need for weapons was “undeniable” as the Central African Republic government builds its armed forces, but urged transparency in the flow of arms.
“China, but also the United States, have proposed new quantities of weapons,” Onanga-Anyanga said. “It’s for a good reason.”
Russia’s Ambassador to CAR Sergey Lebanov said earlier in September that a second shipment of Russian arms and ammunition was “in preparation,” and would be delivered once approved by the Security Council.
Averting genocide
The U.N. arms embargo was imposed in 2013 when the country descended into violence after President Francois Bozize, a Christian, was overthrown by mainly Muslim Seleka rebels.
At the height of the bloodshed in 2013, France warned that the country was on the verge of a genocide with reports of atrocities committed by roaming militias.
In 2017, a similar warning came from then-U.N. aid chief Stephen O’Brien.
The vote at the council comes as the latest round of peace talks between the government and armed militias stumbled in Khartoum over demands for an amnesty for rebels.
It is the the eighth bid in six years to agree a lasting peace. The last attempt, in 2017, was forged with the help of the Catholic Church, but fighting resumed within a day, leaving 100 dead.
The Sudan-hosted talks which opened last week are expected to continue for up to three weeks.
The draft resolution also renews the mandate of a panel of experts who reported to the council last month that fighters of the former Seleka alliance had received fresh weapons supplies from traffickers in Sudan.
The militia groups are re-arming to counter the deployment of the newly trained and equipped government troops to their areas of influence, the panel’s report said.
Despite reserves of diamonds, gold, uranium, copper and iron, Central African Republic remains one of the world’s poorest countries.
Fighting broke out between the Seleka, a coalition of mainly Muslim rebel groups, and the mainly Christian anti-balaka militia in 2012. A peace deal was singed in January 2013, but Seleka rebels captured the capital Bangui that March and ousted President Francois Bozize.
Seleka was officially disbanded within months, but many fighters refused to disarm, becoming known as ex-Seleka. Many others joined the anti-balaka militia to fight the Seleka, leading to a spiral of violence between groups along religious and ethnic lines.
By the end of 2014, CAR was de facto partitioned – anti-balaka in the southwest and ex-Seleka in the northeast.
Elected in 2016, Touadera’s weak government controls around a fifth of the country and relies heavily on the U.N. peacekeeping mission, Minusca, for support. The rest is controlled by at least 14 different militia groups who often fight each other for revenue from extortion, roadblocks or mineral resources.
Violence since 2012 led to thousands of deaths. Nearly 700,000 people are displaced, 570,000 have fled the country and 2.9 million – 63 percent of the population – are in need of humanitarian aid, according to the U.N.
UN set to move toward easing Central African Republic arms embargo
https://thedefensepost.com/2019/01/30/un-ease-central-african-republic-arms-embargo/
JANUARY 30, 2019 3 MINUTES READ
The United Nations Security Council is set to open the door to an easing of the arms embargo on the Central African Republic, five years after the country stood on the verge of genocide.
The government has repeatedly called for the restrictions to be lifted to allow arms supplies to shore up its security forces fighting militias that control much of the country. Prime Minister Mathieu Simplice Sarandji led a rally of around 3,000 people on Monday calling for the arms embargo to be lifted.
The Security Council will vote on Thursday on a French-drafted resolution that calls for a review of the arms embargo by September if the Bangui government meets benchmarks in managing weapons, disarming militias and reforming its security sector, according to the text seen by AFP on Wednesday, January 30.
The draft resolution would renew the embargo until January 2020 but open the door to a partial lifting that would allow the government to purchase weapons without seeking approval from the U.N. sanctions committee.
U.N. Secretary-General Antonio Guterres will submit a report by the end of July on whether the government has met the benchmarks after CAR presents its own findings by June 30.
Diplomats said Wednesday they expect the measure to be adopted.
“We think it’s a good idea to have a review of the embargo,” Russian Ambassador Vassily Nebenzia told AFP.
Russia has stepped up its presence in the Central African Republic, training troops, brokering peace talks with militias, and providing security and advice to President Faustin-Archange Touadera, sparking tensions with France, the former colonial power.
In August, Russia signed a military cooperation agreement with CAR offering the possibility for Central African officers and NCOs to be trained in Russian military schools.
The European Union also trains Central African military personnel. In July, the bloc extended EUTM-RCA until 2020, pledging €25 million ($29 million) to help reform the country’s defense sector. The scope of the mission was also modified to give strategic advice to the president’s cabinet, interior ministry and police, as well as the military.
The U.N. sanctions committee has previously approved shipments of weapons. In December, France handed over 1,400 AK-47 assault rifles and three amphibious vehicles to the Central African Republic to shore up its beleaguered armed forces, and in 2017, the embargo was lifted to allow delivery of 1,700 Russian weapons for FACa.
France, Belgium, China and the U.S. have all recently supplied equipment for CAR’s military, but that equipment is understood not to include weaponry.
In June, France, the U.S. and the United Kingdom put a hold on a request from Central African Republic for U.N. Security Council approval of weapons shipments from China.
Parfait Onanga-Anyanga, the outgoing U.N. special envoy to the CAR, said in September that the need for weapons was “undeniable” as the Central African Republic government builds its armed forces, but urged transparency in the flow of arms.
“China, but also the United States, have proposed new quantities of weapons,” Onanga-Anyanga said. “It’s for a good reason.”
Russia’s Ambassador to CAR Sergey Lebanov said earlier in September that a second shipment of Russian arms and ammunition was “in preparation,” and would be delivered once approved by the Security Council.
Averting genocide
The U.N. arms embargo was imposed in 2013 when the country descended into violence after President Francois Bozize, a Christian, was overthrown by mainly Muslim Seleka rebels.
At the height of the bloodshed in 2013, France warned that the country was on the verge of a genocide with reports of atrocities committed by roaming militias.
In 2017, a similar warning came from then-U.N. aid chief Stephen O’Brien.
The vote at the council comes as the latest round of peace talks between the government and armed militias stumbled in Khartoum over demands for an amnesty for rebels.
It is the the eighth bid in six years to agree a lasting peace. The last attempt, in 2017, was forged with the help of the Catholic Church, but fighting resumed within a day, leaving 100 dead.
The Sudan-hosted talks which opened last week are expected to continue for up to three weeks.
The draft resolution also renews the mandate of a panel of experts who reported to the council last month that fighters of the former Seleka alliance had received fresh weapons supplies from traffickers in Sudan.
The militia groups are re-arming to counter the deployment of the newly trained and equipped government troops to their areas of influence, the panel’s report said.
Despite reserves of diamonds, gold, uranium, copper and iron, Central African Republic remains one of the world’s poorest countries.
Fighting broke out between the Seleka, a coalition of mainly Muslim rebel groups, and the mainly Christian anti-balaka militia in 2012. A peace deal was singed in January 2013, but Seleka rebels captured the capital Bangui that March and ousted President Francois Bozize.
Seleka was officially disbanded within months, but many fighters refused to disarm, becoming known as ex-Seleka. Many others joined the anti-balaka militia to fight the Seleka, leading to a spiral of violence between groups along religious and ethnic lines.
By the end of 2014, CAR was de facto partitioned – anti-balaka in the southwest and ex-Seleka in the northeast.
Elected in 2016, Touadera’s weak government controls around a fifth of the country and relies heavily on the U.N. peacekeeping mission, Minusca, for support. The rest is controlled by at least 14 different militia groups who often fight each other for revenue from extortion, roadblocks or mineral resources.
Violence since 2012 led to thousands of deaths. Nearly 700,000 people are displaced, 570,000 have fled the country and 2.9 million – 63 percent of the population – are in need of humanitarian aid, according to the U.N.
Central African Republic Peace Talks 'Going Well' - Sudan Observer
https://www.urdupoint.com/en/world/central-african-republic-peace-talks-going-w-542163.html
KHARTOUM (UrduPoint News / Sputnik - 28th January, 2019) Talks in Khartoum to hammer out a peace deal between the government of Central African Republic and numerous armed groups are progressing, a Sudanese observer told Sputnik on Monday.
The African Union-brokered negotiations have been on since last Thursday. They are observed by the UN, Sudan, Gabon, Chad, Equatorial Guinea, and Congo.
"The talks are going well ... The African Union has listened to them [sides] and put forth its first document with proposals for different parties," Ata Al-Mannan, a state minister with the Sudanese Foreign Ministry, said to Sputnik.
The minister said observers were sifting through the union's recommendations, which will lay the groundwork for the future arrangement between all stakeholders in Central African Republic.
The landlocked country has been suffering from a drawn-out conflict since a coup in 2013. Much of the fighting in recent years has been between Muslim-majority Seleka and Christian Anti-Balaka militias.
The government has sent a delegation of senior ministers to Khartoum, led by the president's chief of staff, Firmin Ngrebada. Delegates from 14 armed militias are attending, as are religious leaders, human rights advocates and other civil society figures.
Central African Republic Peace Talks 'Going Well' - Sudan Observer
https://www.urdupoint.com/en/world/central-african-republic-peace-talks-going-w-542163.html
KHARTOUM (UrduPoint News / Sputnik - 28th January, 2019) Talks in Khartoum to hammer out a peace deal between the government of Central African Republic and numerous armed groups are progressing, a Sudanese observer told Sputnik on Monday.
The African Union-brokered negotiations have been on since last Thursday. They are observed by the UN, Sudan, Gabon, Chad, Equatorial Guinea, and Congo.
"The talks are going well ... The African Union has listened to them [sides] and put forth its first document with proposals for different parties," Ata Al-Mannan, a state minister with the Sudanese Foreign Ministry, said to Sputnik.
The minister said observers were sifting through the union's recommendations, which will lay the groundwork for the future arrangement between all stakeholders in Central African Republic.
The landlocked country has been suffering from a drawn-out conflict since a coup in 2013. Much of the fighting in recent years has been between Muslim-majority Seleka and Christian Anti-Balaka militias.
The government has sent a delegation of senior ministers to Khartoum, led by the president's chief of staff, Firmin Ngrebada. Delegates from 14 armed militias are attending, as are religious leaders, human rights advocates and other civil society figures.
Bangui calls for UN arms embargo to be lifted
https://www.dailymail.co.uk/wires/afp/article-6640235/Bangui-calls-UN-arms-embargo-lifted.html
By AFP PUBLISHED: 08:35 EST, 28 January 2019 | UPDATED: 10:00 EST, 28 January 2019
The prime minister of Central African Republic led a rally of around 3,000 people on Monday calling for a global arms embargo to be lifted ahead of a UN meeting later this week.
The mineral-rich country, wracked by ethnic and religious conflict since 2013, has been subject to a UN Security Council arms and ammunition embargo for the past five years.
Speaking on a podium in Bangui's central Place des Martyrs, Prime Minister Mathieu Simplice Sarandji said: "This is a lock that deserves to be opened, this is an embargo which strikes our defence and security forces."
"The government respects the embargo while armed groups receive weapons! The people of Central African Republic can not understand this law of double standards," he said to cheers from the crowds in the capital.
The UN Security Council will on Thursday decide whether to renew the embargo, which bans weapon supplies to the country unless approved by a UN sanctions committee.
The authorities in Bangui have repeatedly called on the UN to lift the embargo.
The sanctions are aimed at ensuring imported weapons do not end up in the hands of militias in the corruption-prone country.
The committee has previously approved shipments of weapons from France and Russia but Chinese weapons deliveries have been blocked.
A UN report last year said "the recent acquisition of arms by the government has prompted factions" of militias to rearm.
Several protesters on Monday blamed UN Security Council member France for maintaining the embargo.
"We have soldiers who no longer work because of the embargo. It's because of France," said demonstrator Pierre.
"Only the army can ensure the security of CAR. We want Central African Republic to regain its sovereignty, we want the total lifting of the embargo," said another protester, Fiacre.
One of the world's poorest nations, Central African Republic has struggled to recover from a 2013 civil war that erupted when President Francois Bozize, a Christian, was overthrown by mainly Muslim Seleka rebels.
In response, Christians, who account for about 80 percent of the population, organised vigilante units dubbed "anti-Balaka" in reference to the balaka machetes used by Seleka rebels.
Thousands of people have died in the violence, 700,000 been internally displaced and another 570,000 have fled abroad.
Bangui calls for UN arms embargo to be lifted
https://www.dailymail.co.uk/wires/afp/article-6640235/Bangui-calls-UN-arms-embargo-lifted.html
By AFP PUBLISHED: 08:35 EST, 28 January 2019 | UPDATED: 10:00 EST, 28 January 2019
The prime minister of Central African Republic led a rally of around 3,000 people on Monday calling for a global arms embargo to be lifted ahead of a UN meeting later this week.
The mineral-rich country, wracked by ethnic and religious conflict since 2013, has been subject to a UN Security Council arms and ammunition embargo for the past five years.
Speaking on a podium in Bangui's central Place des Martyrs, Prime Minister Mathieu Simplice Sarandji said: "This is a lock that deserves to be opened, this is an embargo which strikes our defence and security forces."
"The government respects the embargo while armed groups receive weapons! The people of Central African Republic can not understand this law of double standards," he said to cheers from the crowds in the capital.
The UN Security Council will on Thursday decide whether to renew the embargo, which bans weapon supplies to the country unless approved by a UN sanctions committee.
The authorities in Bangui have repeatedly called on the UN to lift the embargo.
The sanctions are aimed at ensuring imported weapons do not end up in the hands of militias in the corruption-prone country.
The committee has previously approved shipments of weapons from France and Russia but Chinese weapons deliveries have been blocked.
A UN report last year said "the recent acquisition of arms by the government has prompted factions" of militias to rearm.
Several protesters on Monday blamed UN Security Council member France for maintaining the embargo.
"We have soldiers who no longer work because of the embargo. It's because of France," said demonstrator Pierre.
"Only the army can ensure the security of CAR. We want Central African Republic to regain its sovereignty, we want the total lifting of the embargo," said another protester, Fiacre.
One of the world's poorest nations, Central African Republic has struggled to recover from a 2013 civil war that erupted when President Francois Bozize, a Christian, was overthrown by mainly Muslim Seleka rebels.
In response, Christians, who account for about 80 percent of the population, organised vigilante units dubbed "anti-Balaka" in reference to the balaka machetes used by Seleka rebels.
Thousands of people have died in the violence, 700,000 been internally displaced and another 570,000 have fled abroad.
CAR / Khartoum peace talks: Central African government and rebels actively seeking compromise to achieve lasting peace
https://africandailyvoice.com/2019/01/26/rca-pourparlers-de-paix-a-khartoum-le-gouvernement-et-rebelles-centrafricains-recherchent-activement-un-compromis-pour-parvenir-a-une-paix-durable/
2019-01-26 Central African Republic , POLITICS
Khartoum, Sudan (ADV) - At the end of a first day of exchange and contact between Central African rebels and the Bangui government, everything gives the impression that clashes and misfortunes will be the ills that will now befall any nobody lurking or not in the shadows who would try to destabilize the Central African Republic; the willingness of the various protagonists of the Khartoum dialogue has been shown and we can no longer manifest in the early hours of the talks prepared since 2017, under the auspices of the African Union and initiated at the end of August by the Russian Federation, always here at Khartoum.
In the sudden capital, on 25 January, the Central African armed groups said they were optimistic about the continuation of the dialogue that takes place in the presence of the organizers and all the delegations that came to support the Central African brothers in this important moment in their history, in the search for lasting peace and national reconciliation for all the children of the country ... In their words, we mean a will to make a clean sweep of the past and disputes that have lasted too long, as evidenced by these words of a political adviser of the FPRC, Abakar Salom.
Extract.
For its part, the Central African government, through its head of mission in Khartoum, Firmin Ngrebado, hailed the fact that the representatives of the armed groups are all in favor of a peace agreement to get the country out of the deadlock and security. to truly rebuild.
The government and rebel groups will therefore actively and responsibly seek this compromise, a prerequisite for the return of peace in the Central African Republic.
An episode that promises to be difficult, according to some observers, to the extent that, according to them, the main demand made by the armed groups revolves around the division of power and the request for a government of national unity.
However, it is important to note that at this stage of the exchanges, the demands of the rebel groups have already been heard by the Central African government. The government will certainly share its answers in the hours or days to come ...
Meanwhile, all the actors and organizers of these meetings welcomed the first moments of this dialogue and especially the day of 25 January 2019 behind closed doors, marked by a presentation on the origin of the conflict in Central Africa, the government statement of the Central African Mission in Khartoum and exchanges between the two sides in a question-and-answer format.
The rest of the process is certainly to come, but in Khartoum for the moment, on the future of the CAR, it is the tranquility that reigns.
CAR / Khartoum peace talks: Central African government and rebels actively seeking compromise to achieve lasting peace
https://africandailyvoice.com/2019/01/26/rca-pourparlers-de-paix-a-khartoum-le-gouvernement-et-rebelles-centrafricains-recherchent-activement-un-compromis-pour-parvenir-a-une-paix-durable/
2019-01-26 Central African Republic , POLITICS
Khartoum, Sudan (ADV) - At the end of a first day of exchange and contact between Central African rebels and the Bangui government, everything gives the impression that clashes and misfortunes will be the ills that will now befall any nobody lurking or not in the shadows who would try to destabilize the Central African Republic; the willingness of the various protagonists of the Khartoum dialogue has been shown and we can no longer manifest in the early hours of the talks prepared since 2017, under the auspices of the African Union and initiated at the end of August by the Russian Federation, always here at Khartoum.
In the sudden capital, on 25 January, the Central African armed groups said they were optimistic about the continuation of the dialogue that takes place in the presence of the organizers and all the delegations that came to support the Central African brothers in this important moment in their history, in the search for lasting peace and national reconciliation for all the children of the country ... In their words, we mean a will to make a clean sweep of the past and disputes that have lasted too long, as evidenced by these words of a political adviser of the FPRC, Abakar Salom.
Extract.
For its part, the Central African government, through its head of mission in Khartoum, Firmin Ngrebado, hailed the fact that the representatives of the armed groups are all in favor of a peace agreement to get the country out of the deadlock and security. to truly rebuild.
The government and rebel groups will therefore actively and responsibly seek this compromise, a prerequisite for the return of peace in the Central African Republic.
An episode that promises to be difficult, according to some observers, to the extent that, according to them, the main demand made by the armed groups revolves around the division of power and the request for a government of national unity.
However, it is important to note that at this stage of the exchanges, the demands of the rebel groups have already been heard by the Central African government. The government will certainly share its answers in the hours or days to come ...
Meanwhile, all the actors and organizers of these meetings welcomed the first moments of this dialogue and especially the day of 25 January 2019 behind closed doors, marked by a presentation on the origin of the conflict in Central Africa, the government statement of the Central African Mission in Khartoum and exchanges between the two sides in a question-and-answer format.
The rest of the process is certainly to come, but in Khartoum for the moment, on the future of the CAR, it is the tranquility that reigns.