Close Menu
    What's Hot

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, June 5
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Foreign » Blinken Pledges $45m to Boost West Africa Security
    Foreign

    Blinken Pledges $45m to Boost West Africa Security

    Marketforces AfricaBy Marketforces AfricaJanuary 23, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Blinken Pledges $45m to Boost West Africa Security
    Share
    Facebook Twitter Pinterest Email Copy Link

    Blinken Pledges $45m to Boost West Africa Security

    U.S. Secretary of State Antony Blinken on Tuesday pledged $45 million in additional financing to help fight conflict and bring stability to coastal West Africa, where insecurity linked to jihadist insurgencies has increased in recent years.

    Blinken is on the second stop of a four-nation tour of Africa taking him to Cape Verde, Ivory Coast, Nigeria, and Angola from Jan. 21-26. The purpose of the trip is to discuss U.S.-African partnerships over trade, climate, infrastructure, health, security, and other issues.

    It follows a summit in Washington with African leaders in December 2022. Security challenges in West Africa, the fallout of a coup in Niger last year, and Russia’s growing influence in the region are among key topics during Blinken’s trip.

    He arrived in Ivory Coast’s financial capital Abidjan on Monday evening and met President Alassane Ouattara on Tuesday morning, after which he announced the extra financing at a joint press briefing.

    Ivory Coast is one of several coastal West African countries impacted in recent years by Islamist insurgencies that took root in Mali in 2012 and spread across the Sahel region despite costly, internationally backed military efforts to contain it.

    “We spent a lot of time discussing mutual security challenges,” Blinken said. “We appreciate Ivory Coast’s leadership in the fight against extremism and violence.” The funding will supplement 300 million dollars the U.S. has already invested in coastal West Africa over the past two years.

    “We have increased military training by 15 times and are investing in civil protection in Ivory Coast,” Blinken added. Ouattara said security in the region remained a challenge. Naira Steadies as Banks Issue Update on FX Purchase

    “That is why we do appreciate the USA for their support in the area of intelligence and the fight against terrorism,” he said. The U.S. faced a setback in its fight against militants in the Sahel when military officers toppled Niger’s President Mohamed Bazoum, a key ally, in July last year.

    The coup in Niger was one of a series of military takeovers or attempted power grabs that occurred in West and Central Africa over the past three years. The instability has raised concern, particularly as juntas have cut ties with traditional Western allies such as the European Union and France, which withdrew thousands of troops from the Sahel last year.

    Blinken met Akinwumi Adesina, president of the African Development Bank, at a sub-regional rice research institute in the afternoon. He is scheduled to fly to Nigeria in the evening. #Blinken Pledges $45m to Boost West Africa Security

    sECURITY U.S. Secretary of State Antony Blinken West Africa
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Related Posts

    News

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026
    News

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026
    News

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026
    News

    Kenya’s Private Sector Activity Deteriorates in May -PMI

    June 4, 2026
    News

    Germany’s Economy Set to Benefit as Europe Raises Defence Spending

    June 4, 2026
    News

    Senate Raises Sugar Tax, Establishes Health Fund for Diseases

    June 4, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026

    Kenya’s Private Sector Activity Deteriorates in May -PMI

    June 4, 2026
    Latest Posts

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026

    Kenya’s Private Sector Activity Deteriorates in May -PMI

    June 4, 2026

    Germany’s Economy Set to Benefit as Europe Raises Defence Spending

    June 4, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.