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Tag: ECOWAS

Guinea’s transition back to a democratic path

This will be a pivotal year for charting the trajectory of Guinea’s transition back to a democratic path. A military junta led by Colonel Mamady Doumbouya seized power from Guinea’s first democratically elected president, Alpha Condé, in September 2021. As part of a 10-point transition roadmap negotiated with the Economic Community of West African States…
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February 20, 2024
Nigeria to join BRICS in next two years – FM

The African nation sees membership as a way to make its voice heard on the global stage Nigeria’s foreign minister has announced that the country intends to become a member of the BRICS group of nations within the next two years, Bloomberg reported on Wednesday. Yusuf Tuggar added that the move is part of the Nigerian…
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February 11, 2024
Ghana struggling with extreme surplus of secondhand clothes

It takes Nii Armah and his crew of 30 fishermen hours to haul their weighty nets to shore on the bustling Korle-Gonno beach of Ghana’s capital Accra. Finally, their catch emerges — a colossal barracuda and a less welcome bounty of bundles of discarded clothing. Where once nets teemed with fish, they are now tangled…
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February 10, 2024
New Financing to Support 900,000 Farmers and Road Users for Economic Transformation in Liberia

WASHINGTON, December 22, 2023 – The World Bank Board has approved a Second Additional Financing for the Rural Economic Transformation Project (RETRAP-AF II). This financing is funded by an International Development Association (IDA)* credit of US$76 million from its Scale-Up Window (SUW) and $9 million grant from the KfW Development Bank through the Liberia Reconstruction Trust…
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February 8, 2024
Three West African Nations Withdraw from ECOWAS, Citing “Inhumane” Sanctions

In a surprise move that sent shockwaves through the region, Mali, Burkina Faso, and Niger announced their immediate withdrawal from the Economic Community of West African States (ECOWAS) on January 28th, 2024. This unprecedented decision followed months of tensions with the regional bloc, stemming from the military coups that brought the current governments to power…
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January 28, 2024
African startups secure new UNDP aid

Ecofin Agency) – The United Nations Development Program (UNDP) has joined forces with African nations to develop an innovative fund named “Timbuktoo”. This tool is aimed at bolstering the African startup ecosystem and supporting the growth of high-potential enterprises across the continent. According to an official UNDP statement, the $1 billion fund will raise both…
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January 19, 2024
The Ghanaian government abruptly canceled the major Pan-African convention just hours before thousands of anticipated guests.

The Ghanaian government abruptly canceled the major Pan-African convention just hours before thousands of anticipated guests, including renowned figures such as Professor P. L. O. Lumumba, Julius Malema, Dr. Arikana Chihombori-Quao, and Peter Obi, were set to gather. These individuals are indisputably pivotal figures in the movement for the advancement of Africa and Pan-Africanism. Regrettably,…
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January 7, 2024