A total of 170 young graduates have benefitted from the NCDMB/PETAN/SPDC JV Graduate Internship programme, in which they were attached to indigenous technical oilfield service companies in the upstream and downstream sectors for hands-on experience.
Some of the beneficiaries of the NCDMB/PETAN/SPDC JV Graduate Internship programme with NCDMB/PETAN and SPDC leadership at their graduation ceremony in Port Harcourt
The latest batch of 49 intake graduated at a ceremony in Port Harcourt early this month after completing their internship which began in 2022.
Speaking at the ceremony, Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, commended the Shell Petroleum Development Company of Nigeria Ltd (SPDC) Joint Venture for the support for the programme which it is helping to build local manpower for a critical sector of the economy.
SPDC and PETAN had jointly set up the programme in 2014 whereby young graduates are attached to the over 100 member companies of the organisation with SPDC paying them monthly stipends. From 2022 when the Nigerian Content Development and Monitoring Board (NCDMB) joined the collaboration, the programme has run for two years with 100 intakes.
The NCDMB/PETAN/SPDC JV Graduate Internship programme has been lauded as a key human capital development initiative which is central to the promotion of Nigerian content in the oil and gas industry.
SPDC’s General Manager Nigerian Content, ‘Lanre Olawuyi, said: “The internship is more than a learning opportunity. It provides fresh graduates with technical expertise, equipping them with the practical skills needed to excel in their careers. It aligns with SPDC’s broader educational initiatives, contributing significantly to the actualisation of the UNESCO ‘Education for All’ agenda and the Sustainable Development Goals in Nigeria, particularly in the Niger Delta.
“We owe the success of the programme to the untiring support of our JV partners, the Nigerian National Petroleum Company Limited (NNPC), TotalEnergies and Nigerian Agip Oil Company Limited for which we’re grateful.”
The Hydrocarbon Pollution Remediation Project (HYPREP) says it is collaborating with Drosophila Institute of the University of Ibadan on latest research that will alleviate the impact of hydrocarbon contamination on Ogoni people.
Prof. Nenibarini Zabbey, Project Coordinator, HYPREP, on a visit to Nchia General Hospital, Rivers State
Prof. Nenibarini Zabbey, Project Coordinator, HYPREP, communicated this in a statement made available on Sunday, December 29, 2024, in Abuja.
He said that the collaboration would also contribute significantly to advancing the knowledge of medicine in relation to hydrocarbon contamination globally.
Zabbey said that the project was implementing the UNEP Report based on the needs of Ogoni people.
“We feel it is important to advance access to medicare; we will continue to do our best to broaden the scope of our interventions based on the needs of the people while also implementing the UNEP Report.
“We are implementing all the recommendations of the United Nations Environment Programme (UNEP) Report and also going outside to do what is necessary following the emergence of new things.
“We are doing extra things, including conducting research and building the Ogoni Specialist Hospital.’’
According to him, the project is providing value addition in its public health interventions beyond the recommendations of the UNEP Report on Ogoni.
He said that HYPREP carried out free medical outreach and surgical operations on patients with several ailments, including cataract, hernia, and fibroid at the Nchia General Hospital.
“HYPREP free medical outreach which commenced on Dec. 16 is a Special Purpose Vehicle (SPV) that has recorded a huge number of beneficiaries across four local government areas,” he said.
Upon the request of the Federal Government, UNEP has conducted an independent assessment of the environment and public health impacts of oil contamination in Ogoniland, in the Niger-Delta and options for remediation.
The International Union for Conservation of Nature (IUCN) has released a report, “Global Status of Sharks, Rays and Chimaeras“, that highlights new knowledge compiled by 353 experts from 115 countries and stresses the urgent need to address overfishing and bycatch in all countries
Shark caught in a fishing net. Photo credit: Visiondive/Adobe Stock
The IUCN Species Survival Commission (SSC) Shark Specialist Group (SSG) has published a status report on sharks, rays and chimaeras, nearly 20 years after its first report warned that sharks were threatened but underrepresented in conservation. Today we understand more about sharks, rays and chimaeras than ever before, but the scale of their declines threatens to outstrip improvements made in research and policy.
In Oman, shark liver oil is used in traditional eyeliner. In Indonesia, shark and ray skins are packaged as chips. Skates are the seafood counterpoint to buffalo wings at restaurants in the USA, along with mako and thresher sharks. Across Europe, you can sling a luxury stingray skin bag over your shoulder as you sample shark meat sold as European conger, order veau de mer in France, and find ray cheeks purveyed as a delicacy in Belgium. Ray and shark skins are fashioned into shoes, wallets, belts, handbags and purses in Thailand. In Yemen, even the corneas of shark eyes have been reportedly used for human transplant and the cartilage is marketed as a cure to all sorts of human ailments.
These are the extraordinary country-by-country insights detailed in the report, which consolidates the biology, fisheries, trade, conservation efforts, and policy reforms for sharks, rays and chimaeras across 158 countries and jurisdictions.
At more than 2,000 pages long, the report follows one in 2005 that highlighted a rise in the global fin trade and the low conservation profile of sharks, and especially rays and chimaeras.
Since then, the global demand for shark meat has nearly doubled: the value of shark and ray meat is now 1.7 times the value of the global fin trade. Trade has diversified and products such as ray gill plates, liver oil and skins are valued at nearly $1 billion annually.
Sarah Fowler of the Save Our Seas Foundation (SOSF) led the 2005 report’s publication and contributed to the latest version. She says, “The conservation and management of sharks is difficult for a variety of reasons, but many governments are breaking down the silos that separate how we deal with sharks and rays as fisheries resources, and as wildlife to conserve.”
“Nearly 20 years after the first report, there have been drastic changes, with sharks and rays now among the most threatened vertebrates on the planet,” explains Alexandra Morata, the IUCN SSC SSG Programme Officer.
Overfishing is driving most species to extinction. Indonesia, Spain, and India are the world’s largest shark-fishing nations, with Mexico and the USA adding to the top five shark catchers. But only 26% of species globally are targeted: most are caught (and retained) as bycatch. Huge population declines have been seen in the rhino rays (such as wedgefish), whiprays, angel sharks, and gulper sharks.
But two decades of research and major policy changes also mean that the solutions are now outlined country by country and can guide governments to implement conservation action and make fisheries sustainable.
“This report is a call to action so we can work together and make each of the country recommendations a reality, especially those relating to responsible fisheries management. It is the only way these species will survive and continue to thrive in aquatic ecosystems,” says Dr Rima Jabado, the IUCN SSC deputy chair and SSG chair who led the 2024 report.
We need sharks, rays and chimaeras. We are only beginning to decipher the role they play in delivering life-supporting resources and services. Some species cycle nutrients around the ocean; others help us fight climate change by acting as carbon sinks or maintaining carbon sequestering ecosystems like mangroves. They underpin food security in vulnerable coastal communities. In some developing nations, fishers have reported that more than 80% of their income depends on shark and ray fisheries.
“The report is also a reflection of the tremendous dedication of scientists, researchers and conservationists who are working as a community to contribute to conservation and make a lasting change,”Dr Jabado adds.
Access to remote areas, especially across Africa, has increased scientific understanding of the scale of exploitation. Knowledge has improved significantly in Asia, Africa, Central America, the Caribbean, and the Indian Ocean. There are also hopeful instances of sustainable fisheries in Canada, the USA, and Australia.
There have been incredible strides in research and policy, but this hard work will only save species from extinction if the report’s recommendations are implemented nationally.
“The message is clear,” says Dr Jabado. “With the precarious state of many of these species, we can’t afford to wait.”
It is important to address the concerns raised in Farooq Kperogi’s recent article, “Tinubu’s Buharisation of the NNPC”, and to clarify some of the misconceptions about the operations and leadership structure of the Nigerian National Petroleum Company (NNPC) Limited.
GCEO NNPC Ltd, Mr. Mele Kyari
First, employment, promotions, appointments, and movements of business leaders at the NNPC are not influenced by ethnicity, tribe, religion, or political affiliation. Therefore, decisions within the NNPC are guided strictly by merit, business requirements, and expertise.
This approach ensures that only the most qualified and competent individuals occupy positions that are critical to the company’s success. It is significant that our company focuses on efficient and effective service delivery, which is anchored on the commitment of qualified work team.
The NNPC prides itself on being a professional organisation with a diverse leadership lineup that includes individuals from various parts of the world, not just Nigeria. The presence of qualified foreigners in the employ of the NNPC, who have been bolstering the value chain of production and distribution of allied products, is verifiable.
It is, thus, sad that a professor of Mr Kperogi’s standing would resort to and play up the issue of ethnic identities in the configuration of the work team in NNPC just to demonise President Tinubu. This editorial preoccupation of Mr Kperogi is nothing but sheer red herring, ostensibly orchestrated to detract the President’s disciplined leadership that upholds the freedom of the NNPC as well as the company’s work ethic that has produced its strings of sterling performances.
Under the leadership of Mele Kyari, the NNPC has achieved remarkable milestones and recorded several “firsts” in the industry. These milestones were not defined, coloured or contoured by primordial fault-lines of tribe and religion. They were inspired by the collective drive for excellence. These milestones include groundbreaking advancements in exploration, production, and global partnerships that were previously thought unattainable. This success is a testament to the company’s focus on competence and professionalism rather than on parochialism as insinuated in the editorial offerings by Mr Kperogi.
Regarding Mr Kperogi’s notions about President Bola Ahmed Tinubu, it is essential to highlight that Mr President has not interfered in the operations or leadership movements within the NNPC. On the contrary, his administration has introduced transformative policies that have added immense value to the oil and gas sector and the broader Nigerian economy. President Tinubu’s approach has been to empower institutions like the NNPC to operate independently while fostering a conducive environment for growth and innovation. His reforms have set a benchmark that has significantly improved the sector, surpassing the achievements of many of his predecessors.
It is disappointing that individuals like Mr. Kperogi, who have lived and observed governance structures abroad, would overlook these accomplishments and focus on divisive narratives. Symbolism, while important, must not overshadow the substantive achievements and transformative impact of policies and leadership on national development.
We extend an open invitation to Mr. Kperogi to visit the NNPC and witness firsthand the professionalism, sacrifices, and daily efforts that go into driving Nigeria’s economic engine. He will see a team that works tirelessly to contribute to the growth of our economy and the prosperity of our nation.
The NNPC remains committed to fostering unity, embracing diversity, and upholding the principles of meritocracy. It is through such commitments that we can continue to work to achieve and strengthen national cohesion and position Nigeria as a global leader in the energy sector. We urge commentators and stakeholders alike to base their assessments on hard facts and evidence, rather than conjectures, for the greater good of our nation.
Olufemi Soneye is the Chief Corporate Communications Officer of the NNPC Ltd.
Mozambique’s journey to becoming a leading energy producer is intimately linked to its ability to promote unity, security and democratic principles,writes theAfrican Energy Chamber
President Filipe Nyusi of Mozambique
With plans underway to restart construction of the delayed $20 billion Mozambique LNG project, which promises to produce 13.1 million tonnes of LNG per year for domestic use, it has never been more important to prioritise peace and stability in Mozambique.
Following the 2024 general elections, violence during protests has rocked the country, leading to unrest and instability. As the voice of Africa’s energy sector and an advocate for Mozambican prosperity, the African Energy Chamber (AEC) fully supports the country’s government and calls for peace, stability and sustainable development as Mozambique enters a new era of energy growth.
Since the discovery of significant natural gas deposits off Mozambique’s northern coast in 2010, expectations for the country’s economic prosperity have soared. An IMF report predicted $500 billion in total revenues by 2045 and average annual real GDP growth of 24% from LNG exports between 2021 and next year. Energy majors TotalEnergies, ExxonMobil and Eni are developing integrated LNG projects, while new upstream companies are entering the market and gas-to-power projects are nearing completion.
Projects such as Coral Sul LNG, the Rovuma LNG facility and the Temane gas-to-power plant have the potential to attract billions of dollars in investment and revenues while providing stable energy to over 2 million homes by 2030. These developments represent not only a success story for international investors, but also a success story for Mozambique. The country is positioned as one of the most dynamic gas markets on the African continent, with offshore reserves that could push it into the world’s top ten producers, accounting for up to 20% of African production by 2040.
Geopolitically, these industrialisation efforts could benefit the Southern African region as a whole and transform the country into an energy hub for neighboring countries such as Zimbabwe, Tanzania, Zambia, Malawi, Swaziland, and South Africa. In addition, a 2,700 km coastline along the Indian Ocean makes Mozambique a gateway for ships crossing the hemisphere, allowing it to specialize in efficient and global energy production while diversifying access to quality goods at low prices from markets in Asia, India, Europe, and America.
For Mozambique to realise its immense potential, however, it is essential that the country remains firmly committed to political stability and sustainable development. A peaceful and stable environment is the foundation on which the international community can confidently build long-term partnerships, ensuring that the immense opportunities presented by the development of its natural resources translate into tangible benefits for all.
Mozambique’s journey to becoming a leading energy producer is intimately linked to its ability to promote unity, security and democratic principles. A sustained commitment to peace will not only reassure international investors but will also strengthen the country in a way that drives broad-based prosperity for its people and solidifies its role as a key player in Africa’s energy future.
“Peace and stability are essential for Mozambique to unlock its immense economic potential. As the country emerges as a global energy hub, the confidence of the international community rests on a unified and secure nation. A commitment to peace will not only ensure the success of the multi-billion-dollar energy projects, but will also ensure long-term prosperity, driving sustainable growth for Mozambique and the entire Southern African region. To achieve this, the government must find common ground and reach agreements that translate into long-term benefits for all the people of the country,” said NJ Ayuk, Executive Chairman of the AEC.
In the interest of Mozambique’s prosperity, social well-being and economic development, the AEC calls on the government and opposition to strike a balance and commit to post-colonial and post-conflict stability. Mozambique is at a crossroads: one path leads to increased instability, while the other has the potential to transform the country into a trusted partner in the global energy community.
An oil and gas industry consultant, Dr Maurice Ibe, has tasked the Nigerian National Petroleum Company Limited (NNPC Ltd.) to ensure that the four government refineries are functioning at full capacity.
Port Harcourt Refinery
Ibe, who is the Group Executive Chairman of the Benham Group, made this known in an interview in Abuja on Saturday, December 28, 2024.
Ibe said that without effective and functional refining system, Nigerians would never see a reasonable drop in petroleum prices soon.
He said that until the Port Harcourt, Warri and Kaduna refineries started working optimally and producing at full capacity, the country would still be dependent on Dangote Refinery.
He said the functionality of the refineries would create competition in the sector and ensure fuel pump price reduction.
“The Port Harcourt Refinery is functional, but the truth of the matter is that it is not producing at full capacity to enable us have the level of impact that it should have on pump prices.
“We are hoping that, with time, it will start producing well enough for independent petroleum marketers to load, including every other private petroleum dealer.
“If it is functional at full capacity, there is no way we will not be seeing an average of 200 trucks rolling out of the refinery every day, ‘’ he said.
The expert, who is also a consultant to the Independent Petroleum Marketers Association of Nigeria (IPMAN), highlighted some basic yardstick and parameters to measure refineries functionality.
He said a functional refinery firstly, must have the capacity to load at least 200 trucks of 50,000 litres of fuel daily.
He also said that if the Port Harcourt refinery was producing at full capacity, pump prices would have dropped in Port Harcourt, Aba, Owerri, Umuahia, Enugu and nationwide.
“Irrespective of what the NNPC Ltd. and dignitaries are saying concerning the refinery, the fact remains that the basic yardstick to measure the success or productivity of the refinery is still lacking.
“There have been some loadings from the refinery but it has not loaded more than 10 trucks daily since it resumed. I have my members on ground.
“If it was working at 70 per cent capacity, there was no way we would not be having at least 50-60 trucks loading per day.
“The independent petroleum marketers have more fuel stations across the country than the major marketers and NNPC Ltd. too.
“No matter what it loads, if the IPMAN whom I consult for have not started loading, you cannot make an impact nationwide.
“Dangote Refinery is doing its best but government needs to come down a little hard on the NNPC to ensure the rest of the refineries are functional for Nigerians to feel the impact of reduced pump prices,’’ he said.
He said Dangote, as a private refinery, would set prices based on cost of production, hence, the country should not fully be dependent on the refinery.
He explained that since the sector was being operated under a Petroleum Industry Act (PIA 2021) which has deregulated the industry, through subsidy removal, products were sold based on market forces.
“But to help alleviate the suffering of Nigerians, government refineries must work at full capacity,’’ the expert warned.
Speaking on the new ex-depot price of N899, he said though ex-depot price dropped following the downward reviewed price announced by the two refineries, but the fact remained that IPMAN had not started loading according to the price.
According to him, the new prices will reflect at the fuel outlets once the marketers load new products.
The old Port Harcourt refinery with 70 per cent operational capacity began truck out at petroleum products on Nov. 26.
It has its daily output as Premium Motor Spirit (PMS), Household Kerosene (HHK), Automotive Gas Oil (AGO) and Low Pour Fuel Oil (LPFO).
The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, has said that President Bola Tinubu ‘s administration is spearheading transformative reforms that are reshaping the nation’s healthcare landscape.
Muhammad Ali Pate, the Coordinating Minister of Health & Social Welfare
Pate, who was named one of the 100 Most Influential Africans, disclosed this in an interview on Friday, December 27, 2024, in Abuja.
He was reacting to his inclusion in the prestigious list released by New African magazine.
The 2024 New African magazine’s list of the 100 Most Influential Africans includes individuals from 29 countries, with Nigeria having the highest representation, followed by Kenya.
Other Nigerians on the list include Yemi Osinbajo, Akinwumi Adesina, Adebayo Ogunlesi, Wale Tinubu, Aigboje Aig-Imoukhuede, Prof Benedict Okey Oramah, Tariye Gbadegesin, Samaila Zubairu, Kemi Badenoch, Olugbenga Agboola, Tunde Olanrewaju, Aliko Dangote, Ndidi Okonkwo Nwuneli, Chinasa T. Okolo, Olajide Olatunji, Tayo Aina, Adejoké Bakare, Ayra Starr, Chigozie Obioma, Yinka Ilori Amina, Lola Shoneyin, Tunde Onakoya, and Ademola Lookman.
The magazine’s editor described the list as a “large family get-together,” reflecting the Ubuntu philosophy of “I am because we are”, emphasising unity in a polarised world.
This year’s list highlights the growing significance of Artificial Intelligence (AI) and climate action, featuring experts addressing ethical concerns and biases in AI systems.
The minister recounted how he turned down an appointment as CEO of Gavi, the Vaccine Alliance, chosing to return home to lead Nigeria’s health sector, a decision that is already yielding remarkable results.
“At the heart of these reforms is the National Health Sector Renewal Investment Initiative (NHSRII).
“The initiative replaces the previously fragmented health system with a cohesive ‘one vision – one conversation, one budget, one report’ approach.
“This framework has not only united federal, state, and local governments but also galvanised private and international partnerships.
It is also mobilising an unprecedented $3 billion in external funding and $20 billion in domestic investments within four years,” he said.
He said that the impact of NHSRII was most evident in the revitalisation of Nigeria’s primary healthcare system.
Pate said that Nigeria had become one of the first countries to receive over one million doses of the R21/Matrix-M malaria vaccine under his leadership.
He described the feat as a groundbreaking development in the fight against one of the nation’s deadliest diseases.
The minister’s influence extends beyond Nigeria. As the West and Central Africa representative on the Global Fund Board (2024–2026), he advocated for increased funding for Africa’s health systems.
The selection of Nigeria to host the 5th Global High-Level Conference on Antimicrobial Resistance (AMR) in 2026 underscores the country’s growing role in addressing global health challenges.
Facilities once plagued by shortages of medical supplies and personnel are now equipped to provide essential services.
For instance, the Karmo Primary Healthcare Centre in the Federal Capital Territory now records a significant increase in antenatal visits, with women attesting to the availability of quality care.
“For the first time, I feel safe delivering my baby at this facility,” said Mrs Mariamu Yusuf, a mother of three.
Meanwhile, experts believe that Pate’s reforms are laying the foundation for one of Africa’s most accountable health systems.
Dr Sarah Eke, a public health consultant, said that what made Pate’s approach unique was its focus on measurable results and sustainability.
“As Nigeria reaps the benefits of a unified health system, the question remains whether these reforms can be sustained beyond his tenure.
“However, for now, communities across Nigeria are already experiencing the transformative power of an integrated healthcare framework. Proving that bold leadership and strategic partnerships can, indeed, change lives,” Eke said.
Key achievements of NHSRII Under Pate’s Leadership: were mobilising $23 billion in funding, rerevitalising over 5,000 primary healthcare centres, and spearheading the deployment of the R21/Matrix-M malaria vaccine.
Meanwhile, some health stakeholders explained that Pate’s story was not just about reforms, but also about hope, resilience, and a vision for a healthier Africa.
The New African magazine’s 2024 issue of the 100 Most Influential Africans highlights individuals making significant impacts across various sectors, including politics, business, civil society, science, academia, creative arts, and sports.
The publication, established in 1966 and distributed in over 100 countries, provides an African perspective to global news and profiles these influential figures in detail.
The list reflects diverse contributions shaping Africa’s future on the global stage.
As Dr Akinwumi Adesina prepares his handover notes, he reflects with pride on the remarkable accomplishments achieved during his presidency.
Dr Akinwumi Adesina (second left) receiving the “African of the Decade” award
His message highlights the collective efforts of all stakeholders, including the Executive Directors of the African Development Bank (AfDB) and investment partners across the continent.
These achievements stand as a testament to the power of collaboration, showcasing how unified efforts can drive impactful change.
Adesina’s leadership has left a lasting legacy, setting a solid foundation for future initiatives and strengthening partnerships that continue to advance the continent’s development.
Conscious of this, Adesina highlighted his imminent exit during the 2024 Africa Investment Forum Market Days, which recently ended in Rabat, Morocco.
He said: “This is my final attendance at the Africa Investment Forum as President of the African Development Bank Group.
“That’s because when you all meet next year, I would have completed my two 5-year terms as President of the African Development Bank Group.
“I am proud of what we have achieved for Africa. I am proud of you our Africa Investment Forum partners.
“I am proud of the Executive Directors of the African Development Bank for believing in the Africa Investment Forum and for their strong current and continued future support for the Africa Investment Forum.
“I am proud that we have built a world-class investment platform. It has been such a great pleasure and honor serving you all as Chairman of the Africa Investment Forum.
‘It has been the greatest honor of my life serving Africa! I will keep cheering and pitching for investments in Africa!”
In 2015, when he took the reins as the eighth president of AfDB, Adesina inherited an institution with a rich history of promoting economic development and social progress across the continent.
However, Adesina had a bold vision – to transform Africa’s economic landscape by bridging the massive infrastructure gap, unlocking the continent’s vast investment potential, and accelerating growth and development.
Adesina’s decade-long impact on continental development has earned him the inaugural “African of the Decade” award.
Adesina formally received the prestigious award at the 2024 AIF, in early December.
The award was sponsored by the All-Africa Business Leaders Awards, ABN Group, in collaboration with CNBC Africa.
It honours individuals who have made a lasting and profound impact on the continent.
ABN Group Chairman, Rakesh Wahi, praised Adesina for his unwavering commitment to ethical and responsible leadership and his ability to drive meaningful change across Africa, particularly through the bank’s High 5 strategic priorities.
“Adesina has demonstrated a significant impact on the African continent through innovative solutions, projects, or initiatives that address the continent’s pressing socio-economic and environmental challenges.
“He has consistently shown leadership, vision, and dedication, driving positive change in sustainable development in Africa,” Wahi said.
Similarly, Nialé Kaba, Minister of Planning, the Economy and Development and AfDB’s governor for Côte d’Ivoire, expressed his government’s profound gratitude to Adesina for his leadership and significant achievements as the head of the institution.
Also, Adama Coulibaly, Ivorian Minister of Finance and Budget, expressed Côte d’Ivoire’s deep gratitude to Adesina “for his leadership and the important results achieved” as the head of AfDB.
“At a personal level, I would like to say that you are the heart and soul of this institution.
“Looking at the results achieved, the African Development Bank has come a long way in six decades. Your efforts have helped lift millions of Africans out of poverty.
This is an opportunity for us to celebrate how far we have come and together, face the challenges of building the Africa we want,” Coulibaly said.
As Adesina prepares to pass the baton to his successor, one of his most enduring legacies may undoubtedly be the AIF.
Launched in 2018, the AIF has revolutionised the way Africa attracts investment, fostering a new era of collaboration, innovation, and deal-making.
Some of the participants at the Rabat Market Days said that AIF had been a game-changer for Africa, providing a unique platform for investors, policymakers, and project sponsors to converge, network, and close deals.
Lagos State governor, Babajide Sanwo-Olu, notes that the forum’s impact is evident in several key areas. It has facilitated the closure of numerous high-profile deals, worth billions of dollars.
“These investments are transforming Africa’s infrastructure landscape, from energy and transportation to agriculture and urban development.
“The AIF has mobilised significant investment commitments from global investors, including pension funds, sovereign wealth funds, and private equity firms,” he said.
This influx of capital is helping to bridge Africa’s infrastructure gap and drive economic growth.
The AIF has also played a crucial role in creating new markets and opportunities for African businesses.
During a meeting with Adesina, Gov. Dapo Abiodun of Ogun State also noted that, by providing a platform for project sponsors to showcase their initiatives, the AIF has helped to unlock Africa’s vast investment potential.
Abiodun, who had left Nigeria to attend the AiF moments after presenting his state’s budget proposal to the Ogun State House of Assembly, said Adesina’s leadership was the driving force behind the AIF’s success
“Adesina’s leadership has been instrumental in the AIF’s success. His passion, vision, and relentless drive have inspired a new generation of African leaders, entrepreneurs, and investors.
Under his guidance, the AfDB has become a beacon of innovation and excellence, leveraging cutting-edge technologies and innovative financing models to drive growth and development,” he said.
As Adesina prepares to leave the AfDB, Hassatou Diop-N’Sele, vice president and CFO, AfDB, noted that his legacy would be remembered for generations to come.
According to her, the AIF, in particular, will remain a testament to his transformative vision, leadership, and commitment to Africa’s economic development.
Since its inception in 2018, the AIF has mobilised nearly $180 billion in investment interest.
This is a staggering amount, considering the forum’s primary goal is to bridge Africa’s infrastructure gap and unlock its vast investment potential.
“The AIF’s impact is evident in various sectors, including energy, transportation, and agriculture.
“For instance, the forum has facilitated the closure of several high-profile deals, including a $2.6 billion deal for the Accra Skytrain project in Ghana and a $1.3 billion deal for the Lagos Cable Car Transit project in Nigeria.
“The forum has mobilised nearly $180 billion in investment interest, which is expected to create thousands of jobs and stimulate economic growth.
“The AIF has facilitated the development of critical infrastructure projects, including energy, transportation, and water supply projects,” she said.
By attracting investments and promoting economic growth, the AIF is helping to reduce poverty and improve living standards across Africa.
Overall, AIF has been a resounding success, attracting billions of dollars in investments and promoting economic growth and development across Africa.
One of the participants at the AIF, Tunmise Ayodele, said Adesina’s tenure as President of AfDB has also been marked by several significant legacies beyond the Forum.
Ayodele, who is the Managing Director, Global ENSHET HEIGHTS, listed some of Adesina’s other legacies to include High 5s Development Agenda.
Adesina introduced the High 5s development agenda, a bold and ambitious plan to accelerate Africa’s economic transformation.
The High 5s focus on five critical areas: Light Up and Power Africa, Feed Africa, Industrialise Africa, Integrate Africa, and Improve the Quality of Life for the People of Africa.
According to Ayodele, African Development Fund (ADF) Replenishment is another legacy Adesina will be leaving behind in AfDB.
Under Adesina’s leadership, the AfDB successfully replenished the African Development Fund (ADF), securing $7.6 billion in funding commitments from donors.
This replenishment has enabled the AfDB to continue providing critical support to low-income countries and fragile states.
Ayodele recalled that Adesina also oversaw the establishment of the New Development Bank and the Africa Investment Platform.
“These initiatives have expanded the AfDB’s partnerships and collaborations, enhancing its ability to mobilise resources and support African countries,” he said.
Raouf Mazou, Assistant High Commissioner for Operations at the United Nations High Commissioner for Refugees (UNHCR), noted Adesina’s efforts on climate change and environmental sustainability.
He said Adesina had been a vocal advocate for climate action and environmental sustainability.
“Under his leadership, the AfDB has launched several initiatives aimed at promoting green growth, reducing carbon emissions, and enhancing climate resilience,” he said.
He added that Adesina had also prioritised women’s empowerment and youth employment, recognising the critical role these groups play in driving Africa’s economic transformation.
The AfDB has launched several initiatives aimed at promoting women’s economic empowerment and creating jobs for young Africans.
He has also implemented significant reforms aimed at strengthening the AfDB’s institutional capacity and governance.
These reforms have enhanced the bank’s effectiveness, efficiency, and accountability.
These legacies, among others, have cemented Adesina’s reputation as a visionary leader and a champion of Africa’s economic development.
In spite of his numerous achievements, Adesina’s tenure also faced several challenges as president of AfDB.
Adesina implemented significant reforms aimed at strengthening the AfDB’s institutional capacity and governance.
However, these reforms were not without their challenges, as they required significant changes to the bank’s culture, processes, and structures.
Some staff members and stakeholders resisted the changes, which created tension and challenges for Adesina’s leadership team.
In 2020, Adesina faced a leadership challenge when a faceless group within the institution accused him of corruption and abuse of office.
Although, an independent investigation cleared him of all charges, the episode created uncertainty and undermined confidence in the AfDB’s leadership.
US Treasury Secretary, Steve Mnuchin, personally signed a letter to the AfDB board rejecting an internal investigation that cleared Adesina.
He said: “We fear that the wholesale dismissal of all allegations without appropriate investigation will tarnish the reputation of this institution as one that does not uphold high standards of ethics and governance.”
Barbara Barungi, AfDB’s former lead economist on Nigeria, however, described Mnuchin’s move as significant.
“It has now cast a limelight on governance issues and on the importance of an independent investigation to uphold the integrity of the AfDB.
“There are very few people who were willing to stick their necks out,” she said.
Mr Debisi Araba recalled that it was not surprising to the world that a second investigation was not backed by no African country.
He wondered: “What does that say about the other countries that have lined up behind the US?”
“He’s due to run unopposed but you want to muddy the waters with this stain of corruption. I believe he will be vindicated.”
On the accusation of Adesina’s preferential treatment for Nigeria and Nigerians, Araba dismissed the talk of the “Nigerianisation of the bank” as false.
He said Nigeria was under-represented in employee numbers despite being the largest shareholder.
Adesina’s tenure also faced other challenges, including Funding and resource constraints; Geopolitical and economic headwinds; and Regional and country-specific challenges.
The AfDB faces significant funding and resource constraints, which limit its ability to address the vast development needs of African countries.
Adesina had to navigate these constraints while trying to maintain the bank’s impact and relevance.
He also had to navigate the challenges posed by global economic trends, climate change, and geopolitical tensions, all of which impact the bank’s operations and effectiveness.
The AfDB’s staff morale and welfare have been affected by various factors, including the reforms, restructuring, and leadership challenges. Adesina had to balance the need for reform with the need to maintain staff morale and welfare.
The AfDB operates in a diverse range of countries and regions, each with its unique challenges and complexities.
Adesina had to navigate these regional and country-specific challenges while trying to maintain the bank’s relevance and impact.
At the UN Climate Change Conference COP29 that held November 2024 in Baku, Azerbaijan, the UNFCCC’s six Regional Collaboration Centres (RCCs) were recognised as key drivers of real-world climate action, thanks to their vital role in capacity building, technical assistance and strategic networking.
Participants at one of the RCCs events at COP29 in Baku. Photo credit: UN Climate Change
Through a series of 13 events at COP29, the RCCs brought together governments, private sector representatives, Indigenous Peoples and non-governmental organisations to share regional insights on addressing climate change and connect local needs with international policy frameworks.
These events included the RCCs Annual Global Forum, highlighting the achievements, challenges, and priorities of the work of all six RCCs in 2024 while setting the stage for regional priorities in 2025. A high-level event on engaging the private sector from different regions of the world focused on the implementation of national climate plans (nationally determined contributions, NDCs).
“For us to keep 1.5 alive, we need to turn the incremental progress we have seen so far into exponential climate action on the ground, in the real economy and in every country of the world,” said Noura Hamladji, UN Climate Change Deputy Executive Secretary, speaking at the high-level event.
“We simply cannot achieve the scale of transformation that is needed without the technical innovation, the financial capacity, the operational agility that the private sector brings to the table… After all, we know that implementation is always a collective task,” added Hamladji.
COP29 also included interactive sessions on NDC design and implementation in several regions, transformative adaptation in Asia-Pacific, the operationalisation of Article 6 in Latin America, and access to climate finance for African innovators.
Another event at COP29 highlighted the work and achievements of the six RCCs in collaboration with the wider UN system and other multilateral, regional and local organisations, to support countries in boosting climate action, raising national ambition and increasing resilience.
RCCs: fostering climate collaboration and action at the regional level
For more than a decade, the six UNFCCC Regional Collaboration Centres have helped drive climate action and enabled countries to develop and achieve their climate action goals through capacity building, technical assistance and fostering collaboration within their regions. The RCCs also bridge global strategies to local contexts and ensure that local voices are heard in global decision-making processes, promoting equitable, effective climate solutions.
“Isolated action cannot compete with aggregated and integrated action, which is why RCCs were originally created, in partnership with like-minded organisations, to support countries,” said James Grabert, Director of UN Climate Change’s Mitigation Division.
In 2024, the RCCs focused on fostering networks and engaging partners to organise events in the regions. This helped countries benefit from diverse fields of expertise, exchange information on specific topics to increase their knowledge base and receive targeted technical support.
“There is a lot of really incredible work happening with the RCCs, helping to be a bit of the glue at the regional level and bringing partners together in support for countries,” said Jennifer Baumwall, Head of Climate Strategies and Policy, UNDP.
“Regional collaboration has allowed for the emergence of solutions and the ability to learn from the experiences of other countries,” said Mirey Atallah, Chief of UNEP’s Adaptation and Resilience Branch, Climate Change Division.
By bringing together networks and partners, RCCs facilitate the implementation of the Paris Agreement and also ensure that local voices are heard in global decision-making processes.
“We would like to see UN Agencies and other partners coming to our region – not to set up their own programmes, but to support the ones we have already established, such as the Pacific Climate Change Centre and Weather Ready Pacific,” said Sefanaia Nawadra, Director General, Secretariat of the Pacific Regional Environment Programme.
By coordinating with regional entities, the RCCs have become indispensable agents for advancing climate action, supporting the application of global strategies to local contexts. The RCCs are ensuring that the Paris Agreement is not just a framework but an actionable plan for communities, driving real-world results, proving that regional collaboration is more than a tool – but a cornerstone of effective climate governance and accelerated action.
“The journey towards a resilient and sustainable future doesn’t only hinge on the regulatory frameworks but on dynamic partnerships that empower private enterprises to contribute meaningfully to our climate goals,” said Analiza Rebuelta-Teh, Undersecretary of the Philippines’ Department of Environment and Natural Resources, addressing the high-level event.
At the UN Climate Change Conference COP29 in Baku in November 2024, world leaders and stakeholders gathered to accelerate global efforts to reduce deforestation, restore degraded forests, and harness the critical solutions forests provide for reducing greenhouse gas emission and strengthening resilience.
Forests are said to be vital in tackling the climate crisis. Photo credit: David Riaño Cortés / Pexels
Underscoring the urgency of action, the United Kingdom’s International Forest Unit pledged £3 million to support UN Climate Change’s REDD+ framework over the next four years.
“Forests are the lungs of our planet – without them climate security is impossible,” said Ed Miliband, the UK’s Secretary of State for Energy Security and Net Zero. “We’re determined to play our part in mobilising finance to protect and restore global forests in these critical years for climate action.”
The funding will bolster activities under the Paris Agreement’s framework to reduce emissions from deforestation and forest degradation (REDD+) in many countries, enabling the creation of dedicated platforms for technical dialogues among REDD+ experts and improving the transparency and implementation of forest-related climate actions.
Forests: a cornerstone of climate action
Managed and natural land ecosystems help absorb about one third of the carbon dioxide emissions caused by human activities, acting as natural carbon sinks. However, deforestation and land-use changes contribute to around 21% of global greenhouse gas emissions (IPCC). Without urgent action, these vital ecosystems risk further degradation, undermining their ability to combat climate change.
In the Global Stocktake in 2023 at COP28, Parties reached a landmark agreement to halt and reverse deforestation and forest degradation by 2030 – a commitment that countries must reflect in their updated national climate plans due in early 2025. Yet, gaps in funding, data availability and knowledge-sharing hinder progress.
Scaling up REDD+ to unlock forest potential
REDD+ provides a robust framework for countries to cooperate on forest-related climate actions. Through a system of reporting and expert technical assessment, REDD+ activities are integrated into the Enhanced Transparency Framework of the Paris Agreement. This ensures actions are visible and measurable.
“REDD+ is the framework that countries have agreed to use to stop deforestation and forest degradation, restore forests, and enhance the services that forests provide for adaptation, biodiversity, and local livelihoods,” said Dirk Nemitz, Team Lead of the Agriculture, Forestry and Other Land Use Unit at UN Climate Change.
