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    MarketForces Africa » Inside Africa » ECOWAS Issues Deadline to Bukina Faso, Mali, Niger
    Inside Africa

    ECOWAS Issues Deadline to Bukina Faso, Mali, Niger

    Olu AnisereBy Olu AnisereDecember 15, 2024Updated:December 16, 2024No Comments2 Mins Read
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    ECOWAS Issues Deadline to Bukina Faso, Mali, Niger
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    ECOWAS Issues Deadline to Bukina Faso, Mali, Niger

    The authority of ECOWAS heads of state and government on Sunday set Jan. 29, 2025 to July 29, 2025 as a transitional period to keep ECOWAS doors open to Burkina Faso, Republic of Mali and the Republic of Niger.

    Dr Omar Touray, President of the ECOWAS Commission, said this while reading the Communique at the end of the 66th Ordinary Session of the Authority of Heads of State and Government, in Abuja.

    He said the authority had taken note of the notification by the three countries of their decision to withdraw from ECOWAS.

    He said authorities acknowledged that in accordance with the provisions of Article 91 of the revised ECOWAS treaty, the three countries would officially cease to be members of ECOWAS from Jan. 29, 2025.

    “In this regard, the authority extends the mandate of President for Gnassingbé of Togo, and President Faye of Senegal to continue their mediation rule up to the end of the transition period to bring the three member countries back to ECOWAS.

    “Without prejudice, for the spirit of the opening, the Authority directs the President of the Commission to launch withdrawal formalities after the deadline of Jan. 29, 2025 and to draw up a contingency plan covering various areas.

    “The Authority directs the Council of Ministers to convene an extraordinary session during the second quarter of 2025 to consider and adopt both separation modalities and the contingency plan covering political and economic relations between ECOWAS and the Republic of Niger, the Republic of Mali and Burkina Faso,” said Touray.

    He said the authority members of the authority of ECOWAS heads of state and government commended the exemplary diplomatic engagement of Bassirou Faye, President of Senegal, Faure Gnassingbé, President of the Togolese Republic.

    He said the Authority also commended the diplomatic efforts of the chairman of authority, President Bola Tinubu and other individual member states towards the three countries. #ECOWAS Issues Deadline to Bukina Faso, Mali, Niger#

    Africa Prudential Hits 52-week High

    ECOWAS Mali Niger
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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