The European Union says it will invest €194 million to fight growing terrorism in the G5 Sahel. According to the institution, “the serious crisis affecting the G5 Sahel and Lake Chad Basin States could spread to neighboring countries and even to the coastal countries of the Gulf of Guinea.”
The money is additional funding that will be used to “strengthen the security forces and accelerate the redeployment of states in fragile areas.” The operation mainly targets the “three border areas” between Mali, Niger, and Burkina Faso, which is plagued by frequent jihadist attacks.
In recent years, several international donors such as the EU have announced funding for the organization. Unfortunately, these pledges have been slow to materialize, slowing down the operationalization of the G5 Sahel Joint Force.
While the new coronavirus pandemic has added further stress to global economic activity, the question of the effective disbursement of new funding to support forces on the ground remains a topical issue. Also, to address the dual security and health crisis, the G5 Sahel leaders called on their European partners to adopt even more significant measures, including “outright cancellation of Africa's debt.”
Moutiou Adjibi Nourou
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...
Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...
Maluku SEZ to receive river dock to boost logistics Saphir Ceramics funds dock to improve exports via river Facility supports growing industrial...
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Nigeria considers increasing 75 MW electricity exports to Togo Talks focus on meeting rising demand and recent supply disruptions Expansion depends on...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime against humanity Backed by AU, CARICOM; aims support...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...