The latest kamikaze attack perpetrated by the Boko Haram sect on 11 July 2015 in the central market of N’Djamena, Chad, resulting in the loss of about 10 lives and many injuries, revived the debate on the special fund determined in February 2015 by the Extraordinary Conference of Head of State of the Central Africa Security and Peace Council (COPAX)
To this effect, Ahmad Allam-Mi (pictured), General Secretary of the Economic Community of Central African States (CEEAC), signed on 11 July in Libreville a communiqué which, in a first part, “condemns in the strongest possible terms this despicable and coward act, against the institutions of the Chadian state and the innocent civilian populations”. He continued, reminding that “this situation shows the urgent necessity for the member states to make available the special fund of FCFA 50 billion agreed during the Extraordinary Conference of the heads of state of COPAX in Yaoundé, in February 2015, in support of Cameroon and Chad”.
Indeed, in the framework of the Mutual Assistance Treaty between the member states of the CEEAC, in addition to the creation of a Joint Multinational Force (FMM), it was decided on 14 February to create an Emergency Aid Fund of FCFA 50 billion. Since then, only the FMM is progressively coming to reality. The financial commitment to support Cameroon and Chad in the front-line of the war against Boko Haram has not yet materialised.
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...
Government considers joining Medusa cable to improve network stability Project estimated at €20–60 million, with rollout targeted for...
Ethiopia signs roadmap with Russia’s Rosatom to develop civil nuclear sector Partnership aims to reduce reliance on hydropower, which dominates...
Senegal and Nigeria deepen cooperation on gas, refining, and energy policy Talks build on existing regional frameworks like the West African Power...
Mali allocates $289 million to 2026/2027 farm campaign, up 2% Cotton output target set at 598,500 tons, a 38% increase Cereal production...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...