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US Special Envoy to Attend IGAD’s Extraordinary Summit

US Special Envoy to Attend IGAD’s Extraordinary Summit
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US Special Envoy to Attend IGAD’s Extraordinary Summit

US Special Envoy to Attend IGAD’s Extraordinary Summit

US Special Envoy for the Horn of Africa Mike Hammer will attend the 41st Extraordinary Summit of the Inter-Governmental Authority on Development (IGAD) Assembly Heads of State and Government in Sudan and meet with Djiboutian officials.

The US Embassy in Sudan announced that Hammer will support regional and international efforts in Sudan to end the conflict, promote a democratic transition, press for unhindered humanitarian access, and support justice and accountability for victims of the violence.

According to the statement, the Ambassador will participate in the Doha Forum and discuss regional and international efforts with Qatari officials to end the ongoing violence in Sudan and advance stability in the Horn of Africa.

Hammer is also scheduled to visit Ethiopia and intends to meet with African Union (AU) officials to coordinate efforts on Sudan and other regional priorities.

- Gebeyehu-Hammer

IGAD Executive Secretary Workneh Gebeyehu met with the US envoy on Friday ahead of the 41st Extraordinary Session of the IGAD Assembly in Djibouti.

They discussed issues of common concern and the partnership contributing to regional development, peace, and security.

The Personal Envoy of the UN Secretary-General to Sudan, Ramtane Lamamra, will also participate in the summit.

During his visit to Djibouti in November, the head of the Sudanese Sovereign Council and the army commander, Abdel Fattah al-Burhan, agreed with the IGAD secretary to hold an emergency summit to develop a clear road map to end the crisis.

- Salva Kiir - Hamdok

South Sudan Prime Minister Salva Kiir Mayardit met with Sudan’s former premier Abdullah Hamdok in UAE. The meeting discussed peace and stability in Sudan.

South Sudan’s Minister of Presidential Affairs, Joseph Bakosoro, said that the meeting focused on finding a peaceful settlement to the current crisis in Sudan.

- The division of Sudan

In the meantime, the leader of the Forces of Freedom and Change, Khalid Omar Yousif, warned of the worst scenario that may face the country in light of the ongoing war between Sudan’s National Army and the Rapid Support Forces (RSF) since last April.

Yousif said in a political forum on the Clubhouse application that the negotiated political solution is the only way to end the war. Otherwise, the country could face worse scenarios, such as the division of Sudan into failed states and turning the country into a hotbed for terrorist groups.

He asserted that the peaceful, negotiated solution is highly complex and may succeed or fail, pointing out that the continuation of the war will lead to the destruction and collapse of Sudan.

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Arab World

UN Warns of Profound Liquidity Crisis in Yemen’s Houthi-Controlled Areas

For the first time, the Houthis will face difficulties in financial transfers and foreign currency supply (local media)
For the first time, the Houthis will face difficulties in financial transfers and foreign currency supply (local media)
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UN Warns of Profound Liquidity Crisis in Yemen’s Houthi-Controlled Areas

For the first time, the Houthis will face difficulties in financial transfers and foreign currency supply (local media)
For the first time, the Houthis will face difficulties in financial transfers and foreign currency supply (local media)

A UN program recently warned of low foreign currency reserves and a liquidity crisis in Houthi-controlled areas if the economic conflict with the internationally recognized government continues in Yemen.

It also noted that the poor food consumption significantly worsened in the north, increasing by 78% year-on-year, compared to a 52% increase in the south.

In its Food Security Update, the World Food Program (WFP) warned that a banking crisis is looming in Yemen, as a transaction ban has been announced between the intentionally recognized government and the Houthis-controlled areas.

“These developments, coupled with diminished foreign currency reserves in the north, could result in liquidity crisis with profound implications on markets, livelihoods, and food security situation,” it said.

The Program also noted that the current escalation in the “economic conflict” is likely to disrupt the flow of remittances and the overall financial and banking sectors, posing significant challenges for importers to procure essential food and non-food items, and ultimately impacting food supply and food price.

According to the WFP Update, this conflict comes while limited income opportunities are a key challenge to accessing food, reported by 71% in the north and 60% in the south.

It added that the depth and severity of food deprivation (poor food consumption) also peaked in May, at 32% in the north and 31% in the south.

This trend significantly worsened in the north, increasing by 78% year-on-year, compared to a 52% increase in the south.

Severe food deprivation reached an all-time high in Al Jawf, Al Bayda, Hajjah, Amran, and Al Hodeidah, WFP said.

Around 8% of households in the north reported relying on begging to meet their essential needs, compared to three percent in the south, it showed, adding that this practice was particularly pronounced in Sadah, Hajjah, Amran, and Al Bayda.

WFP also said the total volume of fuel imported via the Red Sea ports increased by 32% during Jan-May 2024 compared to the same period in 2023.

Fuel imports via the southern ports of Aden and Mukalla decreased by 41% year-on-year, as local crude oil production from Marib largely contributes to covering domestic fuel needs in government controlled areas.

However, the WFP update said it is crucial to closely monitor import flows over the coming months, especially given the increased insurance costs for Yemeni ports, the diminished foreign currency reserves, and the banking crisis.

Also, by the end of May 2024, WFP said that the Yemeni riyal (YER) depreciated to an all-time low of YER 1,749 per dollar in government-controlled areas, losing around 25% of its value against the US dollar year-on-year.

“This decline is primarily attributed to low foreign currency reserves and revenue shortages due to reduced crude oil exports,” it said.

The UN program also noted that the overall volume of food imports via all Yemeni seaports increased by 22% during the first five months of 2024 compared to the same period in 2023.

However, it showed that the Red Sea ports saw a 35% annual rise in food imports during Jan-May 2024, while the southern ports of Aden and Mukalla exhibited a 16% annual decline.