'Extraordinary' elephant that survived poaching dies in drought-hit Kenya
September 30, 2022, 11:02 am

'Extraordinary' elephant that survived poaching dies in drought-hit Kenya

Through August to December 2021, 62 elephants have died in Kenya due to drought. Kenya Wildlife Service (KWS) lacks sufficient resources to put up water pans in the drought-affected areas (File photo: Pixabay)

An "extraordinary and resilient" African elephant who defied all odds to give birth despite being shot five times by poachers has died in Kenya's drought-ravaged north, conservationists said on Thursday (Sep 29).

"Monsoon" was euthanised by veterinarians after collapsing several times in poor health in Samburu, an arid expanse that like most of northern Kenya is suffering the driest conditions in 40 years.

The great matriarch was believed to be in her mid-60s, at the upper reaches of life expectancy for an elephant in the wild.

"It's estimated her ill health was brought on by old age and exacerbated by the drought," read a statement from Save the Elephants, a Kenya-based wildlife conservation group.

A mother of seven calves, Monsoon survived being shot five times during a rampant poaching crisis about a decade ago that sent Africa's wild elephant populations into freefall.

Kilimanjaro national park in kenya, Africa - Pixabay

During the wholesale massacre of elephants for ivory, Monsoon lost two of her own calves to poachers, and scientists believed she would never give birth again after the trauma of being shot.

But in 2018 she delivered a calf in Samburu, nine years after her ordeal.

It was not the first time she had defied the experts.

From August to December 2021, Kenya lost 62 elephants due to drought

In 2006 she led her family to safety up one of the biggest hills in Samburu, shortly after Save the Elephants published a study asserting that elephants tended to avoid steep terrain.

Four consecutive rainy seasons have failed in Kenya, Somalia and Ethiopia, an unprecedented climatic event that has pushed millions across the Horn of Africa into extreme hunger.

Older elephants and young calves are the first to succumb to prolonged drought, experts say.

Bangladesh elephants rescued after fleeing into Bay of Bengal

Save the Elephants founder Iain Douglas-Hamilton said: "Sadly the outlook for rain later this year is grim and there are fears the drought may stretch well into 2023, which is a major worry.”

"We are working with our partners, local communities and government in Kenya to address the long-term problems the drought will bring to wildlife and communities alike and doing our best to prevent more elephants like Monsoon from dying."

Source: france24

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.