Adambi and his peers make important resolutions in Cotonou

by time news

2023-11-03 02:10:32

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Officials and participants at the 16th meeting of the APPO Executive Council in family photothe

What is important : The Council of Ministers of the African Oil Producers Organization (Appo) met in its 44th Ordinary Session in Cotonou on November 2, 2023. He is the Minister of Energy, Water and Mines from Benin, Samou Seidou Adambi, president of APPO, who chaired the work. L’The objective of this work was the improvement of the statutes, the amendment of the regulations and above all the validation of the reforms within the organization for its smooth running.

What you should remember : At the end of the work of the Meeting, several resolutions were adopted unanimously by the participants as well as nominations were made. Indeed, the Assembly took note of the founding documents, establishment agreement, charter and headquarters agreement negotiated with Afreximbank. Thus, seven (07) member countries have expressed their interest in hosting the headquarters of the African Energy Bank. After reviewing the submissions, the organization will make its decision by January 31, 2024. The Working Group delegated for this purpose has been urged to ensure that the selection process is conducted in accordance with the requirements. The ministers approved the operationalization of the African Energy Bank no later than June 30, 2024 and urged member countries to expedite the ratification of the Bank Establishment Agreement before the Heads of State Summit. ‘State. On this occasion, the 2024 work program of the Secretariat and a three-year budget cycle (2024 – 2025 – 2026) amounting to €4,282,750 per year with the contribution of Member Countries were approved.

Between the lines : Regarding the appointments, the Managing Director of the SNH and Plenipotentiary of Cameroon to the Council of Ministers of the APPO, Adolphe MOUDIKI and the Minister of Hydrocarbons of the Republic of Congo, Bruno Jean-Richard ITOUA are appointed respectively as President and Vice-President of APPO for the year 2024. The heads of delegations also appointed Stev Simplice ONANGA, Member of the Executive Council of Congo and Dominique WETSHONDO OSOMBA, Member of the Executive Council for DR Congo respectively in as President and Vice-President of the Executive Council for the year 2024. The appointment of the Member of the Executive Council for Cameroon, Maurice Matanga, was ratified and the appointment of the following Members of the Executive Council confirmed: Rémini Amine for the Algerian Republic Democratic and Popular and Essé Kouamé Welcome to the Republic of Côte d’Ivoire. The Assembly also ratified the reappointment of the Kouzolo Cabinet as Auditors for the year 2022 and approved the recommendation to have the Kouzolo Cabinet as Auditors for the 2023 and 2024 financial years.

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