Public Management

G5 Sahel: France criticizes Saudi Arabia for failing to honor its financial commitments against terrorism in West Africa

G5 Sahel: France criticizes Saudi Arabia for failing to honor its financial commitments against terrorism in West Africa
Friday, 22 November 2019 18:00

On November 20, during a parliamentary hearing, the French Minister of Armed Forces, Florence Parly (pictured), discussed the financing of the G5 Sahel. The official criticized Saudi Arabia, one of France’s close allies, for failing to honor its commitments to provide millions of euros to the joint security force.

In 2017, Saudi Arabia said it would approve over €100 million for the G5 Sahel force, which is fighting Islamist terrorists in West Africa. However, two years after this announcement, the organization is still largely underfunded and struggles to launch its operations.

For the G5, there was a first phase when the international community was mobilized and donors offered commitments to arm the G5, but then there were delays […] Saudi Arabia has still not honored the promises it made [...] I can only regret that Saudi Arabia doesn’t honor those commitments,” the French official said.

More than €400 million was pledged by the international community to the G5 Sahel organization. France, which had been engaged in the Sahel since 2013, had tried, through President Emmanuel Macron, to obtain the personal commitment of Mohammed ben Salman, Crown Prince of the Saudi Kingdom, to contribute to the force and prove the kingdom's intention to fight against extremist ideology.

Of these €400 million, nothing has been paid so far,” Chadian President Idriss Deby regretted a few days ago, condemning a “lack of solidarity” from the international community.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Bank of Africa Senegal Q1 profit rises 9.7% to 5.7bn CFA Revenue and interest income growth drive higher operating income Loans, deposits...
Fidelity Bank raises 227 billion naira from share placement Central bank review trims oversubscribed offering to 87.7% Bank exceeds 500...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inflation and restore access to foreign currency IMF...
Ecobank’s 2025 results reflect the shift of a pan-African bank toward a more profitable, disciplined and long-term-oriented model. At 40, the challenge is...
Most Read
01

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
02

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
03

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
04

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
05

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
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.