🇳🇬🇮🇹 Nigeria withdraws $1.1 bln claim against Eni on oilfield deal
Nigeria is withdrawing civil claims totalling $1.1 billion against Italian energy group Eni and related to allegations of corruption in a oilfield deal, Bloomberg News reported on Thursday.
Nigeria's justice ministry will waive the claims before Italy's highest court "unconditionally" and "with immediate effect" no later than November 17, the report said.
An Eni spokesperson confirmed that the group had received the letter regarding OPL 245, and said it was pleased about the Nigerian government's decision.
The energy group added it was ready to consider - together with the government of Nigeria - the necessary steps for achieving the conversion of the licence from prospecting into mining, to ensure development perspectives for the field.
#Nigeria #Italy
@africaintel
Nigeria is withdrawing civil claims totalling $1.1 billion against Italian energy group Eni and related to allegations of corruption in a oilfield deal, Bloomberg News reported on Thursday.
Nigeria's justice ministry will waive the claims before Italy's highest court "unconditionally" and "with immediate effect" no later than November 17, the report said.
An Eni spokesperson confirmed that the group had received the letter regarding OPL 245, and said it was pleased about the Nigerian government's decision.
The energy group added it was ready to consider - together with the government of Nigeria - the necessary steps for achieving the conversion of the licence from prospecting into mining, to ensure development perspectives for the field.
#Nigeria #Italy
@africaintel
Africa Intel
🇳🇬🇮🇹 Nigeria withdraws $1.1 bln claim against Eni on oilfield deal Nigeria is withdrawing civil claims totalling $1.1 billion against Italian energy group Eni and related to allegations of corruption in a oilfield deal, Bloomberg News reported on Thursday.…
🇮🇹🇳🇬 Eni suspends World Bank arbitration in Nigeria oilfield dispute
Italy's Eni has temporary halted arbitration regarding an oilfield dispute with the Nigerian government, buying time to discuss a conversion of the licence from prospecting to mining, sources told Reuters.
Eni confirmed the suspension of the arbitration regarding OPL 245 oilfield at the World Bank's dispute settlement body.
"Eni has agreed with the Federal Government of Nigeria to mutually and temporarily suspend the arbitration proceedings in order to discuss with the government the necessary steps for achieving the conversion of the licence from prospecting into mining extraction," an Eni spokesperson told.
The move comes days after Nigeria withdrew civil claims totalling $1.1 billion against Eni related to allegations of corruption in OPL 245 deal.
#Italy #Nigeria
@africaintel
Italy's Eni has temporary halted arbitration regarding an oilfield dispute with the Nigerian government, buying time to discuss a conversion of the licence from prospecting to mining, sources told Reuters.
Eni confirmed the suspension of the arbitration regarding OPL 245 oilfield at the World Bank's dispute settlement body.
"Eni has agreed with the Federal Government of Nigeria to mutually and temporarily suspend the arbitration proceedings in order to discuss with the government the necessary steps for achieving the conversion of the licence from prospecting into mining extraction," an Eni spokesperson told.
The move comes days after Nigeria withdrew civil claims totalling $1.1 billion against Eni related to allegations of corruption in OPL 245 deal.
#Italy #Nigeria
@africaintel
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🇿🇲🇮🇹 Zambia's president travelled to Italy to strengthen bilateral ties
Zambian president Hakainde Hichilema arrived in Italy on Tuesday for a two-day state visit.
He met with Italian president Sergio Mattarella at the Quirinale Palace in Rome.
Hichilema said that him and his counterpart "explored ways in which Italy can contribute to accelerating Zambia's development through sustainable alliances with Italian businesses, particularly in the areas of agriculture, energy, tourism, and mining. "
News agency Nova reported that Hichilema will meet with Italy's Premier Giorgia Meloni as well as the chiefs of Food and Agriculture Organization and of the International Fund for Agricultural Development, during his stay.
Hichilema's visit at the invitation of Italy's president come after the latter visited Zambia in July 2022.
#Zambia #Italy
@africaintel
Zambian president Hakainde Hichilema arrived in Italy on Tuesday for a two-day state visit.
He met with Italian president Sergio Mattarella at the Quirinale Palace in Rome.
Hichilema said that him and his counterpart "explored ways in which Italy can contribute to accelerating Zambia's development through sustainable alliances with Italian businesses, particularly in the areas of agriculture, energy, tourism, and mining. "
News agency Nova reported that Hichilema will meet with Italy's Premier Giorgia Meloni as well as the chiefs of Food and Agriculture Organization and of the International Fund for Agricultural Development, during his stay.
Hichilema's visit at the invitation of Italy's president come after the latter visited Zambia in July 2022.
#Zambia #Italy
@africaintel
🇮🇹🇱🇾 Italy to evacuate 1,500 more refugees from Libya
The Italian government will take in 1,500 refugees and asylum seekers from Libya over the next three years, following an agreement with the UN's refugee agency.
The latest deal is an extension of previous resettlement initiatives, in which Italy evacuated 1,300 refugees and asylum seekers from Libya.
Among those who have already been resettled in the previous programmes include refugees and asylum seekers who had moved to Libya from other African countries.
UNHCR said it welcomed the evacuation deal as it provided "a critical lifeline for refugees and asylum seekers facing heightened protection risks".
#Italy #Libya
@africaintel
The Italian government will take in 1,500 refugees and asylum seekers from Libya over the next three years, following an agreement with the UN's refugee agency.
The latest deal is an extension of previous resettlement initiatives, in which Italy evacuated 1,300 refugees and asylum seekers from Libya.
Among those who have already been resettled in the previous programmes include refugees and asylum seekers who had moved to Libya from other African countries.
UNHCR said it welcomed the evacuation deal as it provided "a critical lifeline for refugees and asylum seekers facing heightened protection risks".
#Italy #Libya
@africaintel
🇹🇳🇮🇹 Forty Tunisian migrants missing after setting off in a boat toward Italy coast
About 40 Tunisian migrants were missing after setting off in a boat toward the Italy coast last week, the national guard said on Tuesday.
Tunisia is facing a migration crisis and has replaced Libya as a main departure point for people fleeing poverty and conflict in Africa and the Middle East in the hope of a better life in Europe.
Coast guard ships supported by aircraft are searching for the missing people.
#Tunisia #Italy
@africaintel
About 40 Tunisian migrants were missing after setting off in a boat toward the Italy coast last week, the national guard said on Tuesday.
Tunisia is facing a migration crisis and has replaced Libya as a main departure point for people fleeing poverty and conflict in Africa and the Middle East in the hope of a better life in Europe.
Coast guard ships supported by aircraft are searching for the missing people.
#Tunisia #Italy
@africaintel
🇮🇹🌍 Meloni looks to reset Italy's relations with Africa during a summit in Rome
African leaders converge on Rome this weekend for a summit where Prime Minister Giorgia Meloni will finally unveil a strategic plan aimed at redefining Italy's relations with the continent and curbing immigration.
The so-called Mattei Plan, named after the late Enrico Mattei who founded Italian energy giant Eni in the 1950s, has been billed as a cornerstone of Meloni's foreign policy as she looks to enhance Rome's diplomatic footprint.
More than 20 heads of state and government will be in Rome for the event, which kicks off with a dinner on Sunday ahead of the official summit on Monday.
While the details of the plan have been kept secret, Italy has said it wants to serve as a transit hub for African energy while stimulating investment in an effort to curb illegal immigration across the Mediterranean.
#Italy #Africa
@africaintel
African leaders converge on Rome this weekend for a summit where Prime Minister Giorgia Meloni will finally unveil a strategic plan aimed at redefining Italy's relations with the continent and curbing immigration.
The so-called Mattei Plan, named after the late Enrico Mattei who founded Italian energy giant Eni in the 1950s, has been billed as a cornerstone of Meloni's foreign policy as she looks to enhance Rome's diplomatic footprint.
More than 20 heads of state and government will be in Rome for the event, which kicks off with a dinner on Sunday ahead of the official summit on Monday.
While the details of the plan have been kept secret, Italy has said it wants to serve as a transit hub for African energy while stimulating investment in an effort to curb illegal immigration across the Mediterranean.
#Italy #Africa
@africaintel
🌍🇮🇹 African presidents are in Rome for Italy summit
Several African leaders are in Italy's capital, Rome, for the Italy-Africa summit, which is aimed at boosting relations between Africa and the European nation.
During the two-day summit, Italy is expected to launch a "new approach" for cooperating with African countries, which is "not predatory, not paternalistic, but not charitable either", Italian Prime Minister Giorgia Meloni said.
The targeted areas for collaboration include energy, economic and infrastructure development, culture, food security and education and vocational training.
The summit, which started on Sunday, is also aimed at boosting investment in African countries as a strategy to curb irregular migration from the continent.
#Africa #Italy
@africaintel
Several African leaders are in Italy's capital, Rome, for the Italy-Africa summit, which is aimed at boosting relations between Africa and the European nation.
During the two-day summit, Italy is expected to launch a "new approach" for cooperating with African countries, which is "not predatory, not paternalistic, but not charitable either", Italian Prime Minister Giorgia Meloni said.
The targeted areas for collaboration include energy, economic and infrastructure development, culture, food security and education and vocational training.
The summit, which started on Sunday, is also aimed at boosting investment in African countries as a strategy to curb irregular migration from the continent.
#Africa #Italy
@africaintel
🇮🇹🌍 Italy's Meloni seeks new partnership with Africa, funds limited
Italian Prime Minister Giorgia Meloni called for a new partnership with Africa on Monday, unveiling a plan aimed at boosting economic ties, creating an energy hub for Europe and curbing immigration.
Speaking at a summit attended by 45 African states representatives at various levels. and European Union officials, Meloni outlined a series of initiatives, pledging an initial 5.5 billion euros, including state guarantees.
"We believe it is possible to envision and write a new chapter in the history of our relationship, a cooperation among equals, far from any predatory imposition or charitable stance towards Africa," Meloni said.
She said her government would look to help from the private sector and international bodies such as the European Union.
Critics however have said that heavily indebted Italy cannot hope to compete with the likes of China, Russia and Gulf states, that are all looking to boost their presence in Africa.
#Italy #Africa
@africaintel
Italian Prime Minister Giorgia Meloni called for a new partnership with Africa on Monday, unveiling a plan aimed at boosting economic ties, creating an energy hub for Europe and curbing immigration.
Speaking at a summit attended by 45 African states representatives at various levels. and European Union officials, Meloni outlined a series of initiatives, pledging an initial 5.5 billion euros, including state guarantees.
"We believe it is possible to envision and write a new chapter in the history of our relationship, a cooperation among equals, far from any predatory imposition or charitable stance towards Africa," Meloni said.
She said her government would look to help from the private sector and international bodies such as the European Union.
Critics however have said that heavily indebted Italy cannot hope to compete with the likes of China, Russia and Gulf states, that are all looking to boost their presence in Africa.
#Italy #Africa
@africaintel
🇰🇪🇮🇹 Kenya endorses Italy's Africa plan despite criticism over funding
Kenya's president endorsed Italy's plan for closer cooperation with Africa, saying it was evidence that Europe was taking the continent seriously despite criticism over the limited initial funding.
Italian Prime Minister Giorgia Meloni unveiled an initiative aimed at helping African countries prosper in return for curbing illegal immigration, pumping a preliminary 5.5 billion euros into the scheme.
Kenyan President William Ruto told that the plan represented a good start.
"Every journey begins with one simple step. And I think that the most important step has been made, that we are recalibrating our relationship with Italy as a continent," Ruto said.
The Kenyan leader said that he was confident Meloni would honour her pledge to promote African interests during her presidency.
"The narrative around Africa was conflict, disease, war. Now it's changing. It is opportunity, investment, market and solutions," he said.
#Kenya #Italy
@africaintel
Kenya's president endorsed Italy's plan for closer cooperation with Africa, saying it was evidence that Europe was taking the continent seriously despite criticism over the limited initial funding.
Italian Prime Minister Giorgia Meloni unveiled an initiative aimed at helping African countries prosper in return for curbing illegal immigration, pumping a preliminary 5.5 billion euros into the scheme.
Kenyan President William Ruto told that the plan represented a good start.
"Every journey begins with one simple step. And I think that the most important step has been made, that we are recalibrating our relationship with Italy as a continent," Ruto said.
The Kenyan leader said that he was confident Meloni would honour her pledge to promote African interests during her presidency.
"The narrative around Africa was conflict, disease, war. Now it's changing. It is opportunity, investment, market and solutions," he said.
#Kenya #Italy
@africaintel
🇮🇹🇪🇹 Italy handed back Ethiopia's first-ever aeroplane
Ethiopia's premier says that the first aircraft built in Ethiopia in 1935 has been handed back to the country by Italy.
It had been taken during Italy's fascist era during the occupation of what was then Abyssinia, eventually going on display in the Italian Aviation Museum in Rome.
It was formally given to Prime Minister Aby Ahmed at a ceremony in Rome and he said it marked "a day of great pride" for the country.
Known as Tsehai, the green, red and yellow aircraft is said to have been named after then-Emperor Haile Selassie's daughter.
#Italy #Ethiopia
@africaintel
Ethiopia's premier says that the first aircraft built in Ethiopia in 1935 has been handed back to the country by Italy.
It had been taken during Italy's fascist era during the occupation of what was then Abyssinia, eventually going on display in the Italian Aviation Museum in Rome.
It was formally given to Prime Minister Aby Ahmed at a ceremony in Rome and he said it marked "a day of great pride" for the country.
Known as Tsehai, the green, red and yellow aircraft is said to have been named after then-Emperor Haile Selassie's daughter.
#Italy #Ethiopia
@africaintel