Burkina Faso may leave West African currency union, Mali says not planning to
Jan. 31, 2024 Mail said on Wednesday it was not planning to leave West Africa’s currency zone while Burkino Faso indicated it would do so after they and Niger announced…
Niger, Mali, Burkina Faso quit ECOWAS regional block
Jan. 28, 2024 Three West African junta-led states Niger, Mali and Burkina Faso said on Sunday they are immediately leaving the Economic Community of West African States (ECOWAS), a regional…
Niger coup setback for Sahel development – German minister
Aug. 15, 2023 German development minister Svenja Schulze on Tuesday said the Niger coup was “a setback that aggravates the complex development challenges in the country and in the Sahel.”…
Mali debt defaults due to sanctions reach $180 million
March 1, 2022 Mali has failed to pay 46.32 billion CFA francs ($78.5 million) in principal and interest on a treasury bond, the West African debt agency Umoa-Titres said on…
Mali Says It Will Work With Regional Bloc, AU, UN on Transition Timeline
Feb. 10, 2022 Mali’s transitional government has created working groups with members of West Africa’s regional bloc, the African Union and the United Nations to work toward a return to…
Mali asks West African monetary union to lift “inhumane” sanctions
Feb. 8, 2022 Mali’s government has asked the West African Economic and Monetary Union (UEMOA) to lift sanctions that will have severe consequences for the population, it said on Monday….
Resist temptation of tenure elongation to avoid political crisis – Buhari tells ECOWAS leaders
President Muhammadu Buhari has called on leaders from the Economic Community of West African States (ECOWAS), to resist the temptation of elongating their tenure in office beyond what their constitutions…
President Buhari cautions that ambition for Eco regional currency could be in ‘serious jeopardy’
President Muhammadu Buhari on Tuesday cautioned that the ambition for Eco regional currency could be in ‘serious jeopardy,’ unless member states complied with agreed processes of reaching the collective goal….
Eco: Ghana to adopt new West African currency next year but ditch euro peg
President Nana Akufo-Addo of Ghana Ghana’s government said it is determined to join a West African currency that will replace the France-backed CFA franc as soon as next year…