The Economic Community of West African States (ECOWAS) has agreed to lift the sanctions it previously imposed on military-led Niger. The decision, taken on February 24 during the extraordinary summit held in Abuja, Nigeria, came after former Nigerian president Yakubu Gowon, a founding member of ECOWAS, called for an end to punitive measures against countries affected by military coups.
The relief includes unblocking financial and banking transactions, ending the energy embargo, resuming commercial flights to and from Niger, and reopening national borders. Furthermore, ECOWAS authorities have invited leaders from the four suspended countries (Niger, Burkina Faso, Mali, and Guinea) to rejoin discussions, especially during forthcoming sessions of the heads of state and government conference.
Originally, the sanctions - which encompassed economic and diplomatic constraints, along with border closures - aimed to pressure Niger's new military leaders to restore constitutional and civil governance swiftly. However, these sanctions were criticized by the military rulers, who, along with Mali and Burkina Faso, declared their immediate withdrawal from ECOWAS.
The removal of sanctions represents ECOWAS's effort to maintain its unity, which has been threatened by the coups d'état in the three countries belonging to the new Alliance of Sahel States (AoSS) and Guinea. This action responds to Mr. Gowon's call for sanctions to be eased and for these nations to remain within the community, now reduced to 15 members since Mauritania's official departure.
The lifting of sanctions by ECOWAS is expected to alleviate the hardship faced by businesses and the general population, who have been among the hardest hit, particularly concerning restrictions on the free movement of people and goods. This ECOWAS initiative reflects a concerted effort to maintain unity and sustain membership in the context of escalating regional disputes.
AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...
Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...
Investment bank BCID-AES established in Bamako Bank aims to fund infrastructure, agricultur...
This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...
Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...
Madagascar begins drafting national cybersecurity strategy amid rising digital use Strategy to address cyber threats, child protection, and digital...
Angola’s Lobito Corridor is a key element of the U.S. strategy to source critical minerals, offering a transport route for copper exports from the...
Prometeon to build $300M tire plant in Egypt’s free zone New facility targets truck, machinery, and tractor tire production $400M also planned...
Togo launches cash transfer programme for over 700,000 vulnerable households Each household to receive 25,000 CFA via mobile money platforms Programme...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...
Palm Hills Developments signs agreement with Marriott International to introduce the St. Regis brand in West Cairo. Project to include a luxury...