Public Management

Burkina Faso, Mali, and Niger Form Confederation at First AES Summit

Burkina Faso, Mali, and Niger Form Confederation at First AES Summit
Monday, 08 July 2024 16:07

The Confederation of the Alliance of Sahel States (AES) is set to focus on economic, social, and infrastructure development, as well as counter-terrorism efforts. These two key areas present significant challenges in the West African region and will be the benchmarks against which its actions will be measured in the coming months.

Leaders from Niger, Mali, and Burkina Faso met yesterday in Niamey for the inaugural summit of the Alliance of Sahel States. They established a "Confederation," as stated by Abdourahamane Tiani of Niger, who declared at the session's opening that the people of the three countries have "irreversibly turned their backs on ECOWAS."

This meeting resulted in official resolutions, including the creation of instruments to fund the socio-economic policies of the new Confederation and the facilitation of free movement of people, goods, and services within its geographic space.

In their declaration, the junta leaders also emphasized mutual respect for the "sovereignty and interests" of their states, the primary point of contention that has caused friction with the Economic Community of West African States (ECOWAS) in recent months.

ECOWAS is set to hold a summit next Sunday in Abuja, where discussions will include, among other topics, the new relationship with the AES countries.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Bank aims to raise CFA67.5 billion ($120 million) by selling 20% stake on BRVM Offering expected in May 2026, with listing scheduled for August...
Ivory Coast adopted two draft laws to reform banking and microfinance regulations. The banking reform introduces Islamic finance, fintech companies and...
Gabon created a National Public Debt Committee to oversee debt policy, coordination and control. The government also launched an audit to determine the...
The World Bank approved a $225 million program to strengthen healthcare, nutrition and early childhood development in Ivory Coast. The program...
Most Read
01

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
02

From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...

Weekly Health Update | Africa Steps Up Pandemic Preparedness as Health Sovereignty Takes Center Stage
03

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
04

Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...

Ecobank's Quiet Inclusion in the AfDB Mission Reshapes the Abidjan-Lagos Corridor Story
05

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.