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
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...
The institution said the outlook for commodity prices remains subject to significant risks, including a longer-than-expected duration of hostilities in...
DRC plans new submarine, regional links to boost connectivity Country relies on two cables amid outages, limited redundancy Expansion aims to cut...
Transtu to acquire 48 railcars for metro and TGM lines €160 million EBRD-backed plan supports rail upgrades and expansion Government targets 36...
ArcelorMittal Q1 iron ore output falls 3.2% to 9.7 million tons Liberia operations hit record output amid $1.8 billion expansion Company targets...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....