Public Management

Nigeria signs African Union Trans-Border Agreement

Monday, 30 January 2017 15:30

Nigeria has signed the African Union Agreement on Cross-Border Corporation, making it the 11th country to do so.

This convention was signed at the ongoing 28th African Union Summit in Addis Ababa.

The Niamey Convention, which was adopted in 2014, is aimed at promoting Cross Border Corporation at local, sub-regional and regional levels with the purpose of ensuring a peaceful resolution of border disputes.

According to the Minister of Foreign Affairs, Geoffrey Onyeama (photo), the action was a demonstration of the country’s commitment to ensuring peace on the continent.

We do so by signing this agreement to join the list of countries that have appended their signatures to the convention. Hopefully, we believe that as we appended our signature, the convention would soon come into force within the shortest period as possible and all these in the interest of member states. On the part of the Nigeria Government, I will like to assure that we will do everything possible on our side to abide by the rule of this convention,” he said.

He noted that the convention would help member states settle boundary disputes with a manner of fraternity and without any recourse to force, the Herald news reports.

Anita Fatunji

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Banks’ exposure to sovereign risk rose to 32% of total assets in 2024 48.8% of banks’ treasury assets were invested in public securities Cameroon,...
BEAC raises key interest rates to support CFA franc Policy rate lifted to 4.75% amid falling foreign reserves Shift reverses earlier easing criticised...
African companies raised about $220 billion in equity on local stock markets over the past 25 years Equity market capitalization rose...
WAEMU foreign exchange reserves rose to about $33 billion by end-October 2025. Import cover increased to six months from 3.8 months in...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
03

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
04

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
05

Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...

$138 Million Standard Bank Facility to Power Safaricom's Ethiopia Business Expansion
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.