Patrick Heinisch

Passionate about Africa. Conducting economic research on Emerging Markets in general and Africa in particular @Helaba. Traveling to various African countries.

[Patrick Heinisch @PatrickHeinisc1]

The #US is seeking a role for its companies in #Ethiopian Airlines' $12.5 billion Bishoftu airport ​project, a senior US Commerce Department official said on ‌Wednesday. https://t.co/1vqDuChwPI

[Patrick Heinisch @PatrickHeinisc1]

nor to waive the requirements regarding supporting documents that Somali visa applicants must submit, nor to exempt holders of diplomatic or service passports from paying visa fees.

[Patrick Heinisch @PatrickHeinisc1]

In addition to #Somalia's reluctance to readmit its nationals, cases of fraud in the issuing of diplomatic passports, the use of troops trained with European support for political ends, and Somalia's general attitude towards its international partners https://t.co/e5gvasy6OB

[Patrick Heinisch @PatrickHeinisc1]

some migrants from other countries in the Horn of Africa have falsified their country of origin. Pending a resolution to this diplomatic impasse, no EU member state is currently able to issue multiple-entry visas to Somali nationals,

[Patrick Heinisch @PatrickHeinisc1]

Traffic through the Adré border crossing between #Chad and #Sudan resumed on Wednesday after a one-day closure, following the release by the Rapid Support Forces (RSF) of two Chadian nationals detained during a security operation in the Adékonk area. https://t.co/eTkYhoitys

[Patrick Heinisch @PatrickHeinisc1]

Like other investors having shown an interest in Ethiopia, Ecobank executives consider a minority stake in a local credit institution would not meet commercial and financial requirements.

[Patrick Heinisch @PatrickHeinisc1]

Despite initial informal talks, the Togo-based pan-African bank Ecobank does not see entering the #Ethiopian market in a positive light, given the current regulatory framework. The caps on the proportion of local banks' share capital https://t.co/9VuPmKsQvG

[Patrick Heinisch @PatrickHeinisc1]

With regulators lacking progress on the issue, Ecobank, which is considering its opportunities for expansion in East Africa, is taking a wait-and-see approach.

[Patrick Heinisch @PatrickHeinisc1]

On Tuesday, a virtual meeting took place between #Sudan's government and the International Monetary Fund mission to Sudan to discuss the draft "Roadmap for Completing Sudan's Debt Relief Process" under the Heavily Indebted Poor Countries (HIPC) Initiative. https://t.co/Gu8TLkXt3s

[Patrick Heinisch @PatrickHeinisc1]

#Somalia’s Finance Minister Bihi Iman Egeh has called for faster efforts to build a self-sustaining economy after revealing that foreign financial assistance to the country fell by 25 per cent over the past two years. https://t.co/R2Z2vi5wGJ

[Patrick Heinisch @PatrickHeinisc1]

On Tuesday, #Chadian authorities closed the Adré border crossing leading to #Sudan's West Darfur state after Chadian citizens were arrested in the town of Adikonq during a security campaign by the Rapid Support Forces. https://t.co/u1ZAoXQIVD

[Patrick Heinisch @PatrickHeinisc1]

#Sudan's gold production is poised for a new upswing: 17 mining companies in South Kordofan State have entered the actual production phase. A total of 61 companies are active in the mining sector in South Kordofan, one of Sudan's key gold-producing states. https://t.co/x8QbQpb6xA

[Patrick Heinisch @PatrickHeinisc1]

to create a security unit to protect shipping lanes, to provide support and technical assistance to improve the capabilities of the Somali navy, as well as to address the security concerns raised by Asian shipping companies and the implications for freight costs.

[Patrick Heinisch @PatrickHeinisc1]

Several sources within the KDF report that militias from the 🇸🇴 coast had attempted to intercept cargo ships carrying foodstuffs from Asia to #Kenya, with #Somali pirates suspected of being behind at least three attacks that took place b/w March and June. https://t.co/1Rqyk3EjvR

[Patrick Heinisch @PatrickHeinisc1]

Kenyan military intelligence has raised its concerns with the Somali government. During their meeting in mid-July, officials from both countries discussed avenues for cooperation to curb the activities of the militias along the Somali coast,

[Patrick Heinisch @PatrickHeinisc1]

The increase of EPF funding still needs to be formally approved by the 27 EU member states. Brussels is counting on Kenya as a partner set to play an increasingly important role in regional security operations.

[Patrick Heinisch @PatrickHeinisc1]

The €40m military aid package could add to an initial €20m instalment approved by the #EU for #Kenya in 2024. The subsidies are intended to provide non-lethal military supplies to the armed forces, including drones, https://t.co/hFM6l2pJph

[Patrick Heinisch @PatrickHeinisc1]

transport vehicles and material for detecting improvised explosive devices. Backed by German diplomat Henriette Geiger, the outgoing head of the EU delegation in Nairobi, the project is to be funded from the €17bn budget allocated to the European Peace Facility (EPF).