Axmif - Axmin Inc. (gold)

Discussion in 'Penny Stocks' started by Jon Alba, May 17, 2018.

  1. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    Accelerating economic recovery in the Central African Republic

    https://moderndiplomacy.eu/2020/01/...mic-recovery-in-the-central-african-republic/

    Published 3 days ago on January 31, 2020By Newsroom

    A conference on “Strengthening capacity building in periods of economic recovery through South-South and triangular cooperation”, has been organized by the government of the Central African Republic, together with the International Organization of La Francophonie (IOF), the United Nations Office for South-South Cooperation (UNOSSC) and the United Nations Industrial Development Organization (UNIDO).

    Chaired by the Minister of the Economy, Planning and Cooperation of the Central African Republic, Félix Moloua, the Conference included plenary sessions, sectoral meetings and technical training workshops focusing on youth entrepreneurship and quick-impact initiatives. The event, which mobilized 32 national and international representatives and experts, helped to strengthen the operational capacities of young people and women to implement economic regeneration projects. It also provided an opportunity to explore, along with international partners, trade- and industry-related cooperation models in the fields of agribusiness and of Information and Communication Technology (ICT).

    “Through its interventions to strengthen the skills necessary for productive employment, UNIDO helps to establish social cohesion and equity, allowing the development of stable societies and the implementation of the Sustainable Development Goals,” said Tidiane Boye, UNIDO Representative in Côte d’Ivoire.

    Manuel Mattiat, Programme Officer in UNIDO’s Region Division for Africa, added that “UNIDO works for Central Africans alongside its partners, such as the IOF, in order to accelerate economic recovery by involving young people in entrepreneurship and through the development of income-generating activities.”

    Training sessions provided during the event concluded with 91 young people being certified on entrepreneurship practices and 60 officials and non-governmental organization leaders on quick-impact initiatives. Sectoral meetings focusing on the cotton industry were also held between representatives of Egypt and the Central African Republic.

    At the end of the conference, nearly 200 participating Central Africans adopted recommendations to promote employability and entrepreneurship among young people. For example, it was agreed that young people will be trained in the car and motorcycle mobility industries. Young entrepreneurs will also be brought together in a consortium whose financing will be guaranteed by a trust fund supplied by local Central Africans. Also, Central African authorities will aim to ensure that 10 per cent of public procurement and contracts will be allocated to young people and 20 per cent to women.

    Representatives of UNIDO and the IOF met with several partners and stakeholders likely to contribute to the implementation of the government’s National Recovery and Peacebuilding Plan of the Central African Republic (RCPCA) with the aim of identifying avenues to further develop and implement the recommendations adopted at the event, including the ones related to the establishment of a consortium of incubators dedicated to the digital economy, agro-industry, financial technology (Fintech) and mobility.

    This event was preceded, on 14 December, by a public dialogue which brought together a hundred young people and women from Bangui to look at challenges related to the employability of youth, the country’s economic recovery and the revival of productive sectors.

    The participants and organizers expressed their desire to explore possibilities of organizing a second edition of the Bangui Economic Conference in the near future.
     
  2. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
  3. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    GOVERNMENT AND MINUSCA REITERATE COMMITMENT TO IMPLEMENT PEACE AGREEMENT
    https://minusca.unmissions.org/le-g...QSQ6Z9Dz9TXyxHa_bUKkuKbuowAald2HtP4hoysGt-TQQ

    5 Feb

    2020

    GOVERNMENT AND MINUSCA REITERATE COMMITMENT TO IMPLEMENT PEACE AGREEMENT

    The Central African Government and MINUSCA reaffirmed on Wednesday their commitment to the implementation of the Political Agreement for Peace and Reconciliation in the Central African Republic (APPR-RCA) alongside other partners, while recalling the multiple challenges facing application of this peace tool faces. "I would like to reiterate the determination of the Government to firmly implement the commitments of the State contained in the APPR-RCA", said the Minister of Communication and Media and government spokesperson, Ange Maxime Kazagui, all recalling the need to consolidate the achievements of the Agreement.



    For his part, the MINUSCA spokesperson, Vladimir Monteiro, welcomed the “respect of the commitments of the Central African Government and hailed the policy of the outstretched hand of the President of the Republic, marked recently by meetings with various Central African actors” , while paying tribute to all the victims of the violations, especially those committed after February 6, 2019. "MINUSCA will continue to work with the guarantors - the African Union and ECCAS -, the Government and other partners to implement the Agreement and protect the civilian population, "he said.



    During the bimonthly joint press conference with MINUSCA, the government spokesperson noted a certain number of achievements due to the Peace Agreement, in particular the return of State authority in certain prefectures, including including the deployment of the FACA and internal security forces, the disarmament and demobilization operation in western CAR which affected 1321 combatants, including 81 women belonging to eight armed groups, as well as advances in laws on the decentralization and the status of former heads of state and parties.



    However, he specified that even if the incidents and acts of violence on the populations decreased, "there is still too much", by asking that each one "be consistent with his signature so that the country can go towards peace". The spokesperson also indicated that the meeting at the Presidency of the Republic, on the occasion of the 1 st anniversary of the signing of the Agreement, aims to "take stock of the situation, in the presence of the signatories, of the parties politicians, civil society, the international community and government ”.



    The MINUSCA spokesman also cited many advances, before urging all armed groups to honor their commitments and urged all Central Africans to support the Peace Agreement. “If the dividends that are the result of the trust born between the signatory parties have to be recognized, there is no time for self-satisfaction. MINUSCA denounces and condemns the violations recorded as well as the human rights abuses repeated by the armed groups, "he added.



    On the 2020-2021 elections, the spokesperson said that in accordance with his mandate as coordinator of electoral assistance, MINUSCA will work with the Central African Government in mobilizing the resources necessary to organize the next elections.
     
  4. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    OBO WELCOMES NATIONAL DEFENSE FORCES WITH JOY AND HOPE

    https://minusca.unmissions.org/obo-...MEnpd95E8a4-td6ufA86jlqKsw1QnI-exL64wBY9zozc0

    17 Feb 2020 OBO WELCOMES NATIONAL DEFENSE FORCES WITH JOY AND HOPE

    SIMPLICE JEAN PRIVAT DEZILA

    February 14, 2020. It is 9:50 pm in Obo. As the locals prepared to close their doors to take advantage of the night, a concert of vehicle horns, motorcycles and cries of joy, and of hope, broke the silence of the night.

    As a UN Force tank opened the peloton, citizens wondered, " Is this the usual MINUSCA patrol ? Pui appeared in a convoy of 4X4 trucks in national colors: it was the arrival by land of the Central African Armed Forces (FACA) in Obo. A detachment which will replace the one deployed a year ago by air, thanks to the support of MINUSCA. An event that confirms the return of state authority to their Haut Mbomou prefecture.

    Long subject to rumors of attacks by armed groups, this return by land will restore confidence in the population who no longer believed in it. MINUSCA then organized community awareness sessions to put an end to the false rumors that were circulating.

    Since the signing of the Political Peace Agreement a year ago, armed groups have multiplied abuses in Haut Mbomou, in violation of the latter, particularly in Bambouti on October 17, 2019. The permanent presence of the FACA in Obo constitutes a reason for hope of peace and protection for the population who are waiting to see the new elements in action.
     
  5. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    Some important things to note today:

    1) David Weill the CFO exercised nearly $80,000 worth of options in Axmin Inc. Based on his already outstanding position of 1.7 million shares, he now has more than double that in common shares. To date he has not sold a single share in 9 years of being a director : https://ceo.ca/api/sedi?insider=&symbol=AXM&date=&transaction=&amount=&undefined[company_symbol]=AXM

    2) It's been a year since the peace agreement and much of the Central African Republic is under State Authority again, with the exception of the far north. At this point in time, FACA/MINUSCA are finishing this area off and it is my belief that we will see all of the Central African Republic under state authority by the summer time: https://news.un.org/en/story/2020/02/1057731 Axmin's Passendro property is in the center of the country, within the secured zone.

    3) Next Thursday, the Bangui Mining Expo will begin. This is the first international promotion of CAR since 2011. This will change the tide of investment sentiment towards the country.
    - https://semicacentrafrique.com/ : official site (French)
    - article from the CAR government website: http://mines.gouv.cf/actualite/134/point-de-presse-au-ministere-des-mines-et-de-la-geologie
    Mon 2/17/2020 - 12:00


    Following his participation in Captown in South Africa in the INDABAH Mining forum, The Minister of Mines and Geology, Léopold MBOLI FATRAN held a press point in his cabinet.

    According to the Member of the Government, this great forum which brings together all the actors of the mining sector of Africa and the investors of the whole world enabled him to promote SEMICA Central African Republic, the Exhibition of Mines and Petroleum in Central African Republic with the exhibitors. The said Fair will be held under the patronage of the Head of State, HE Professor Faustin Archange TOUADERA, from February 27 to 29 in Bangui.
    This forum also allowed several bilateral meetings, the Minister of Mines and Geology met the Canadian Minister of Mineral Resources, during their interview they talked about current affairs concerning the two countries and the strengthening of their bilateral cooperation. met with emissaries from Botswana who confirmed the upcoming arrival of Botswana experts who will be responsible for assessing the Central African mining production system. He also met the South African Minister of Mineral Resources who has renewed the confidence his government has in the mining sector of the Central African Republic, he also promised to intensify the cooperation that already exists between the two countries through an agreement signed two years ago.

    4) Gold is currently at $1,620 USD per ounce and Axmin has a proven reserve of 2 million ounces, yet the stock is trading at a yearly low. This would be ideal time to reassess the company, the country it operates in and the asset it carries. Also remember that Axmin owns a large position in Senegal as well.
     
  6. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    Recent articles about the Central African Republic which shows signs of country security and investment.

    This is important for Axmin because it is the only public company with exposure and a proven resource in the C.A.R. The faster things improve the sooner Axmin will be working on it's large gold deposit.

    Many of the articles will need to be translated, so make sure your browser translate is on.

    Central African Republic: towards the return of the CEMAC commission to Bangui: http://news.abangui.com/h/71087.htm...POxiqyora31FoD4e3hQjtF4BiK8fBCk3M8vSlcAFBpL8I

    Russia to push for lifting limits on Central African Republic diamond exports: https://www.reuters.com/article/us-...frican-republic-diamond-exports-idUSKBN20J1XI

    Article regarding journalists killed in CAR a while ago. Point of article is that is clearly dispels rumours of Russians taking gold from Axmin: https://inforeactor.ru/286695-rossi...mi-interesov-francii-i-ambicii-khodorkovskogo

    IMPROVING ACCESS TO BASIC SERVICES IN THE CENTRAL AFRICAN REPUBLIC: https://www.unops.org/news-and-stor...asic-services-in-the-central-african-republic

    Central African Republic: The construction sites of Bangui M'poko International Airport are on track with projects funded by ASECNA: http://news.abangui.com/h/71100.htm...3vA9NnWbXOXMWJUGW9Uju6q2qwMvn3LuqfhSW4Central

    1000 NEW ISPS PLEDGE ALLEGIANCE TO THE NATIONAL FLAG: https://minusca.unmissions.org/1000...lz3dzhodidleQjFUJBzifuxmUsm5q5GJdjrsPrL8Cd9Bg

    EUTM-RCA: Establishment of a FACA link network: https://corbeaunews-centrafrique.com/eutm-rca-mise-en-place-dun-reseau-de-liaison-faca/

    Central African Republic: Government encourages investors to take advantage of opportunities offered by the mining sector: http://news.abangui.com/h/71112.htm...liGuaJ9HBDGo5vSDQLhDzjYXEC20ju7JC2V83dqDxNhnM

    2000 Participants Expected At Bangui Mining Expo: http://www.rfi.fr/fr/afrique/202002...a-limites-développement-exploitation-minière-

    Security Council demands armed groups in Central African Republic cease hostilities: http://www.xinhuanet.com/2020-02/28/c_1125636385.htm

    UPC Rebels back UN for peace(main group that affected Ndassima/Bambari/Alindao until last year: http://french.peopledaily.com.cn/Afrique/n3/2020/0229/c96852-9663378.html
     
  7. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    AXMIN Announces Changes in Board of Directors and Management

    https://www.juniorminingnetwork.com...ges-in-board-of-directors-and-management.html

    2020-03-02 06:00 MT - News Release

    Vancouver, British Columbia--(Newsfile Corp. - March 2, 2020) - AXMIN Inc. (TSXV: AXM) (the "Company" or "AXM") announces the resignation of its Chief Financial Officer and member of the Board of Directors, Mr. David de Jongh Weill, effective February 28, 2020.

    "It has been very satisfying to see how this Company has evolved over the past year. I'm excited to pass on the baton to my successor and will be actively following the progress of the company," says Mr. Weill.

    CEO and Chairman of AXMIN, Ms. Lucy Yan, comments, "On behalf of the entire Board of Directors, I would like to thank David for his many contributions to AXMIN over the past years and we wish him all the best in his other ventures."

    The Company would also like to announce the appointment of Ms. Terry Wong as a director of the Company, subject to the approval of the TSX Venture Exchange.

    Ms. Wong is a Chartered Professional Accountant and a Chartered Business Valuator. She has over 15 years of financial experience working for both private and public companies. She has also worked closely with companies and professionals within the finance, mining, and energy industries. Ms. Wong has advanced knowledge of Canadian GAAP and IFRS regulations.

    Ms. Yan comments, "We are pleased to welcome Terry to AXM's Board of Directors. We are confident that Terry's expertise with both the Greater Chinese and Canadian capital and public markets will service AXM well as the company moves forward with its partnership with AU Metals Limited."

    The Company would also like to announce the appointment of Ms. Yan as Interim CFO while a suitable replacement is found.

    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 at www.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
    [email protected]
    AXMIN Inc.
    Investor Relations
    [email protected]
    www.axmininc.com

    Background of Terry Wong: https://www.linkedin.com/in/terry-wong-cpa-cma-cbv-24715433/
    VP of Business Development
    Company NameNAI Interactive Ltd.
    Dates EmployedMay 2011 – Present
    Employment Duration8 yrs 11 mos
    LocationVancouver, Canada Area
    o Has in-depth experience in a variety of industries, including mining, oil and gas, life science/health care, and technology.
    o Provide or assist the strategic development, internal valuation, relevant due diligence and marketing support for start-ups, small and medium enterprises and publicly-listed companies in North America
    o Outreach and relationship building for North America companies with parties in the Asia Pacific region that would be suitable for a strategic relationship, partnership, distribution, licensing, offtaking, manufacturing, or joint venture arrangement
    o Assist in the formulation of a corporate restructuring plan, serve as interim CFO for listed companies during transition if required
    o Coordinate different associates including lawyers, administrators, and auditors in taking projects public on the TSX or TSX-V Exchange

    Information regarding NAI Interactive: https://nai500.com/about-us/



    [​IMG]
    NAI Interactive Ltd. (NAI), established in 1998, is a leading market intelligence and investor relations service provider for fast growing public companies trading on the North American stock exchanges. Our goal is to serve as a bridge between public companies and Chinese investors, nurturing investor loyalty and form functional networks via our unique platform. Throughout the years, NAI has established itself as the most trusted firm in providing market insights to Chinese investors. We strive to provide a more powerful platform for companies and investors to connect with each other.

    The 3 Strengths of NAI500
    • Extensive Experience in the Business
      With 15 years in the IR business, NAI excels in the field of investor relations and market intelligence. Our professional team is specialized in targeting companies and connecting promising opportunities with investors.
    • Comprehensive Coverage of the Market
      NAI hunts for investment opportunities from the perspective of an investor. Our extensive experience in the industry has helped build a vast network and ensures our access to the best market information in quantity and quality.
    • Precise Positioning
      Our expertise in aggregating and distributing information has made us one of the most trusted sources to obtain company updates and analyses that are most important and relevant to investors.
     
  8. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    Some positive developments, the last rebel held area of the Central African Republic is now under state authority, which means that the country is much safer and Axmin can finally get back to work soon on their 2 million ounce gold deposit. See news article below.

    For those that want to get in touch with the company, give Joe Tai a call at 1-604-307-9918

    https://corbeaunews-centrafrique.com/centrafrique-les-soldats-faca-de-retour-a-ndele/

    Central African Republic: FACA soldiers return to Ndélé. By Moïse BANAFIO, Journalist and CNC correspondent at Bria -May 13, 2020 Ndélé (Central African Republic) - after 8 years of absence, soldiers from the Central African armed forces are back this Wednesday, May 13 in Ndélé, capital of the prefecture of Bamingui-Bangoran. A tangible sign of the return of state authority to this tourist town long occupied by armed groups. Welcomed in their jubilation upon their arrival by rebel leader Abdoulaye Hissen Ramadan and the local populations, FACA soldiers, on board dozens of military vehicles, were taken to the TP base, a former training and cantonment site for the rebels of the FPRC. A theater of confrontation between different rival armed groups, the city of Ndélé, emptied of its inhabitants since the last clashes between the FPRC and the RPRC, has just welcomed the FACA soldiers again after more than 8 years of absence. For the moment, according to a national army officer, the exchanges are very cordial between the FACA soldiers and the rebel fighters of the FPRC. The return of Faca soldiers to Ndélé is made possible thanks to the political agreement for peace and reconciliation in the Central African Republic (APPR-RCA), signed on February 6, 2019 between the government and the 14 armed groups, and supported by the community. international. Unfortunately, when the FACA returned to Ndélé, all the civilian populations were in the IDP camp near Minusca. Case to follow.
     
  9. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    Information Regarding “Au Group Ltd” – Axmin Inc’s Joint Venture Partner

    Axmin Inc.(AXM.V) announced on January 20th 2020 that their “first” strategic partner would be a company named “Au Metals Ltd” which is a subsidiary of “Au Group Ltd”. This was great news, but the issue was that “Au Group Ltd” is a private company (limited information online) and therefore many shareholders did not know the financial push that they could assist Axmin with. This is why the stock did not get the true value appreciation it deserved. There was obviously some confidentiality agreement signed where they could not disclose more information regarding “Au Group Ltd”. On March 3rd 2020, a small update stated that things have progressed with the Joint Venture partner. Then on April 27th 2020, the company had announced a postponement to the financials and an update due to COVID-19 and auditor delays.

    In the meantime, I have tried several times to research this “Au Metals Ltd” with little luck. This is understandable because it’s private, so I decided to try and look for “Au Group Ltd” instead. Being the parent company, this would give a good indication as to what kind of projects or investments this private group does. After much time spent researching, I found some great content which connects this group to what Axmin has stated. Not only is “Au Group Ltd” part of a state owned enterprise, but their treasury is likely in the billions. This is why Axmin likely chose them as a partner after having numerous offers, as stated in a news release on May 6th 2019.


    Note: “Au Group Ltd” also goes by the name “Aomei Group Co” which is stated in the registration below. Even with all the names researched “Aomei Group Co”, “Au Group Ltd”, “Au Metals Ltd”, “Au Ventures Ltd” there still isn’t tons of information. Either way, these are all the articles I could find. If I looked up “Aomei Group Co” articles would show up with the name “Au Group Ltd”



    Axmin News Release: https://www.juniorminingnetwork.com...r-of-intent-with-first-strategic-partner.html


    Axmin Inc. has signed a letter of intent for the development of its Passendro gold asset in the Central African Republic (CAR) with Au Metals Ltd., a subsidiary of the Au Group Ltd. Au Metals is a gold and copper mineral focused venture capital firm established in 2015 in Hong Kong, special administrative regions, and the British Virgin Islands. Au Metals, through its related company Au Ventures Ltd., operates venture capital funds. Au Metals has been involved with numerous mining companies. Au Metals' team also has operational experience in projects throughout Asia, Africa, North America and Australia. Au Metals is well connected in the mining industry, and has close relationships with corporate and state-owned enterprise mining operations and investors in the Asia region. Au Metals maintains offices in Hong Kong, Beijing, Sydney, Melbourne, Perth and Brisbane.


    Au Group Ltd Registration: https://www.hongkongcompanylookup.com/company/2204323/


    Au Group Limited was established in Hong Kong on February 16, 2015. The company number is: 2204323, which belongs to a private limited company. The company's annual review date is after the establishment of the next year, from February 16 to March 30 every year. As of today, the company has operated for 5 years, 3 months and 0 days.


    Article From China Daily In 2016: https://wxn.qq.com/cmsid/2016070505858500


    Important Segment: Recently, Beijing Real Estate Market Co., Ltd., together with Au Group Ltd and Kuafu Properties, held a real estate investment appraisal meeting at No. 1289 in Lexington, Manhattan s Upper East Side. The project is located at the intersection of 86th Street and Lexington Avenue in the Upper East Side of Manhattan. It is in the core commercial and high-end residential area. The 10028 postal area is one of the richest areas in the United States and Manhattan. It has 18-storey luxury apartments and 3-storey corner retail shops. We have received a letter of intent for a world-renowned brand for 15 years.


    Shanghai Real Estate site that mentions Au Group Ltd: http://3sfc.com/zufang/1/10019.html



    Important Segment: Beijing Real Estate Market Co., Ltd. joined with Au Group Ltd., and affordable housing is a government-sponsored project to solve the housing problems of low-income and lowest-income families. Hefei Apartment ranked among the top six in Chengdu.


    About Kuafu Properties: http://kuafuproperties.com/



    Kuafu Properties LLC is a privately held, fully integrated real estate development and investment company based in New York City. Kuafu was established with the vision of being the ultimate bridge between Chinese and other international investors to the overseas real estate market in the United States. This bridge has been established by building a team of local market experts (investment, development, construction, sales & marketing, real estate services) based in Manhattan who have a deep understanding of the U.S. real estate markets with a specific emphasis on New York City, and strong ties to foreign investors who understand New York and seek real estate exposure through Kuafu Properties.


    Connecting The Dots



    1) Dates – Axmin mentioned that the venture firm was established in 2015. This corresponds to what the Hong Kong registry states. The two articles also have dates of 2016, roughly a year after the company was formed. This proves that it’s a real company.


    2) Locations – Axmin mentions that Au Metals has worked on projects across the globe and has several offices. Au Group Ltd also works with companies across the globe. Au Group Ltd is more real estate focused and its subsidiary is into mining. Au Group has an office in Beijing, which again ties it closely to it’s partners for work around China or investments aboard, as per the two articles.


    3) Partners – Both articles mention “Beijing Real Estate Market”, which is likely a state-owned enterprise that works with “Au Group Ltd”. Axmin also mentions that “Au Metals” is affiliated with “State Owned Enterprises”. The second article talks about government sponsored housing, meaning that Au Group would have to be quite large in order to accommodate such a project.


    4) Beijing - The November 2019 news release mentions that Axmin met with Au Metals In “Beijing”. “Au Group Ltd” has worked closely with “Beijing Real Estate Market Co” which seems like a strange coincidence. Au Group has offices around the world, yet Beijing is always the primary connection.


    5) Funding – If Au Group Ltd is invested in some of the most expensive real estate in America (As mentioned in the article) then they obviously have more than enough funds to finance the construction of Passendro or any gold mine for that matter. The parent company “Au Group Ltd” would just infuse it’s subsidiary “Au Metals Ltd” with the funds needed to move forward.


    Conclusion: This was created to help bring to light what kind of partner Axmin Inc has. Au Group Ltd. Is a real company, so are the subsidiaries. They are likely a state owned enterprise with strong connections to Beijing, AKA the Chinese government. This means that any project, even in a third world country like CAR, will be pushed through as China is on a record gold purchasing spree at the moment. China has already spent millions in the last couple years trying to help stabilize and rebuild the Central African Republic, meaning CAR government officials will have to comply with the Chinese if they intend to keep the funding and support going.
     
  10. Jon Alba

    Jon Alba Senior Investor

    Joined:
    May 2018
    Posts:
    616
    Likes Received:
    3
    May 17th 2020 - MINUSCA To Secure Central Region Of CAR

    From Wikipedia: Ouaka is one of the 16 prefectures of the Central African Republic.[1][2] It borders the Democratic Republic of the Congo, covers an area of 49,900 km2, and has a population of 224,076 (2003 census), giving a population density of under 5 inhabitants/km2. The capital is Bambari.

    Note: This is the region where AXM's Passendro mine is located.

    https://minusca.unmissions.org/la-m...gkriuXUsk-jGH5Zsjr73MqOJnBiy3VbdLAQeldj1E7VvY

    May 17 2020

    MINUSCA LAUNCHES TWO NEW PROTECTION AND SECURITY OPERATIONS IN THE CENTRAL REGION OF CAR

    As part of its mandate to protect populations, the MINUSCA Force has just launched two major operations, namely Operation "Igana siriri" (Bringing Peace to Sango) in Ndélé (north-central Central African Republic) as well than in the Sibut-Grimari-Kouango triangle (Ouaka and Kemo prefectures), in order to deal with the security situation in these regions.

    The operation in Ndélé will be carried out jointly with the hundred FACA soldiers, who have just been deployed in the city, and aims to restore a safe and secure environment in and around the city, to ensure the protection of civilians and d '' assist in the establishment of security conditions allowing the immediate resumption of humanitarian activities intended for populations, especially those who have fled their homes. It also aims to create conditions conducive to a lasting political solution to the crisis in the prefecture of Bamingui-Bangoran, thereby contributing to the implementation of the Agreement for Peace and Reconciliation in the Central African Republic (APPR-RCA ) In the region. To this end, the workforce is reinforced, in particular with the deployment of a rapid intervention blue helmet unit dedicated to large-scale operations as well as the dispatch of a detachment of United Nations police officers capable of supporting the investigations initiated and of help maintain order in order to prevent any criminal act in the city. The operation in Ndélé is justified by the series of deliberate attacks against the civilian population by armed groups, to which the MINUSCA Force had to respond vigorously on April 29, to expel the attackers from the city.

    As for the operation in the Sibut-Grimari-Kouango triangle, the aim is to put an end to the illegal activities of the criminal group led by the so-called Ayoloma, to strengthen the protection of civilians and to ensure freedom of movement along the main axes and secondary in the Sibut-Grimari-Kouango area. The operation follows the atrocities committed by this group on the local population, including that of March 15, during which a Burundian peacekeeper fell in his mission to protect civilians.

    In addition to these two new operations, the MINUSCA Force is continuing Operation Kiri na Autorité (Restoring State Authority) launched on April 10 in western CAR, in order to curb the activities of armed groups which, during transhumance, illegally tax populations and contribute to insecurity. To this end, the Force's ultimatum in early May forced elements of the Return, Claim and Rehabilitation (3R) group to leave the village of Baboua (Nana-Mambéré) where they were trying to set up a base, in violation of the APPR-RCA. In addition, in Lobaye, the UN Forces control the area and monitor the transhumance routes in order to avoid any incident between nomadic and sedentary populations.

    Despite the context of COVID-19, MINUSCA reiterates its commitment to fully execute its mandate, including the protection of civilians and institutions, support for the implementation of the Peace Agreement and the creation of a secure environment conducive to the holding of the next elections. It continues to work closely with the Central African defense and security forces, as evidenced by the significant support recently provided by the MINUSCA Force and Police to the deployment of police and gendarmes to Ippy, Bria and Kaga-Bandoro, as well as FACA in Ndélé, regions where the Central African defense and security forces have been absent since 2012.
     

Share This Page