Tag: Economic Community of West African States
The Economic Community of West African States has suspended Mali over the ousting of its President Boubacar Keita on Tuesday. Meanwhile, Soldiers who staged Keita’s removal and forced resignation have said they plan to form a civilian transitional government that will organise new elections. In neighbouring Cote d'Ivoire protesters have continued to march against President Alassane Ouattara’s third term bid. Nonyane Gaimin, Macro Adviser and Strategist at K-Frontiers Solutions joins CNBC Africa for more.
Moody’s Investors Service says debt burdens have risen across ECOWAS member states raising concerns over debt sustainability in the region. Lucie Villa, Vice President and Sovereign Analyst at Moody’s joins CNBC Africa’s Kenneth Igbomor to discuss the debt concerns in West Africa.
Despite pressure from its neighbouring West African countries, Nigeria continues to insist on compliance with the ECOWAS Protocol as a condition for relaxing its border restrictions. Deputy Comptroller and PRO of Nigeria Customs Service, Joseph Attah tells states that never at any time was a January terminal date set for Nigeria’s border restriction and also talks economic gains and progress with Nigeria's neighbours, six months on. He joins CNBC Africa’s Christy Cole for more.
Heads of State from the Economic Community of West African States (ECOWAS) have agreed to set up a committee to study and make a full report on the impact of Nigeria’s land border closure with her neighbours. Nigeria had closed its borders in August 2019. The government says the decision seeks to curb smuggling among others. But was this move the right call? Joining CNBC Africa for more is Paul Alaje, Senior Economist at SPM Professionals.
Nigeria’s non-oil revenues fell by 17 per cent in the fourth quarter of 2018 from the preceding quarter, the government’s non-oil revenue was below the proportionate quarterly budget estimate of 1.4 trillion naira. Meanwhile, The Economic Community of West African States (ECOWAS) and African Development Bank (AfDB) have signed a 22.7 million-dollar agreement for the Abidjan-Lagos corridor highway development project to increase trade and investment among member states. Obiora Madu, CEO Multimix Group joins CNBC Africa for more.
Thumps up to free trade in Africa but not a single currency – Economist
West African regional bloc ECOWAS hit 20 Guinea-Bissau politicians and businessmen with sanctions, including travel bans and asset freezes, on Tuesday, accusing them of undermining efforts to resolve a prolonged political crisis. The...
12Page 1 of 2