Public Management

AES Introduces 0.5% Import Tax to Fund Operations and Projects

AES Introduces 0.5% Import Tax to Fund Operations and Projects
Monday, 31 March 2025 14:22
  • The Alliance of Sahel States (AES) is imposing a 0.5% tax on imports from outside the bloc to finance its activities.
  • Customs authorities in each country will collect the funds, with exemptions for humanitarian aid, diplomatic goods, and intra-bloc trade.
  • The move comes as the three nations continue adjusting their trade ties after leaving ECOWAS in early 2025.

The Alliance of Sahel States (AES), comprising Mali, Niger, and Burkina Faso, has introduced a new import tax to help fund its operations. This "Confederal Levy" (PC-AES) will apply a 0.5% charge on goods entering the bloc from outside countries. The decision, made by the AES heads of state on March 28, 2025, is part of a broader push for financial independence.

According to a March 29 statement from Mali’s Foreign Ministry, the tax will be collected by customs authorities in each country and deposited into a special AES account. Some goods will be exempt, including products from within the bloc, humanitarian aid, and diplomatic shipments. To ensure transparency, the funds will be subject to annual audits and financial reports.

The tax takes effect immediately, and any disputes will be handled through diplomatic channels. However, the AES leaders may revise the rate in the future if necessary, the statement noted.

This measure comes as Mali, Burkina Faso, and Niger navigate new trade dynamics following their exit from the Economic Community of West African States (ECOWAS) in January 2025. Despite their departure, they continue to benefit from some ECOWAS trade advantages, such as the free movement of goods and people, as they negotiate the terms of their separation. The AES has also decided to maintain certain regional integration policies, allowing ECOWAS citizens to enter freely.

Nevertheless, the three countries remain heavily dependent on trade with the West African Economic and Monetary Union (WAEMU) and ECOWAS. Key imports from these regions include food products, petroleum, industrial equipment, and consumer goods.

In late 2024, ECOWAS accounted for 22.6% of Mali’s imports, while WAEMU made up 21.8%. In Burkina Faso, these figures stood at 31.3% and 22.4%, respectively, in the third quarter. Niger, on the other hand, saw a sharp decline in trade due to ECOWAS and WAEMU sanctions following the July 26, 2023, coup, dealing a major blow to its economy and businesses.

The new AES tax marks another step toward financial self-sufficiency while strengthening economic ties among its members. However, its impact on regional trade will become clearer in the coming months.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
First RMBS listing on BRVM backed by NSIA Banque Côte d’Ivoire CFA10 billion securitization aims to expand housing finance Move seeks to deepen...
Holmarcom to acquire BNP Paribas 67% stake in BMCI Deal pending approvals, expected to close Q4 2026 Move strengthens Holmarcom...
Strategy follows mining corridors and regional trade flows Expansion backed by record profits and pan-African growth plans Kenya's Equity...
WAEMU imposes new loan rate caps from June 1 BCEAO sets 14% for banks, 24% for others Reform aims to protect borrowers, align lending...
Most Read
01

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
02

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
03

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

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
04

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
05

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
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.