Afrocover
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us
No Result
View All Result
Afrocover
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us
No Result
View All Result
Afrocover
No Result
View All Result

Mali, Burkina Faso, and Niger impose 0.5% levy on imports 

April 1, 2025
in Africa-Wide, Economy, News, Politics & Policies
0
Mali, Burkina Faso, and Niger impose 0.5% levy on imports 
Share on FacebookShare on TwitterShare on Whatsapp

Mali, Burkina Faso, and Niger have taken another step in solidifying their breakaway alliance by imposing a 0.5% levy on imported goods, a move that further distances them from the Economic Community of West African States (ECOWAS).

The military-led governments of the three countries announced that the levy, agreed upon on Friday, would take immediate effect.

It applies to all goods imported from outside their borders, except for humanitarian aid. However, they have yet to disclose how the funds will be utilized.

The three nations formed the Alliance of Sahel States (AES) in 2023 as a security pact, which has since evolved into a broader economic and military bloc. Plans are underway for a biometric passport system and deeper regional cooperation, signaling their commitment to moving away from ECOWAS structures.

The decision effectively ends free trade within West Africa under ECOWAS, highlighting the widening rift between the Sahel states and regional powers such as Nigeria and Ghana.

The juntas had announced their withdrawal from ECOWAS last year, accusing the bloc of failing to support their fight against Islamist insurgents.

ECOWAS had imposed economic and political sanctions in response, urging the countries to return to constitutional rule, but the measures had little impact.

Meanwhile, Mali, Burkina Faso, and Niger are among the world’s poorest nations and have faced a decade-long Islamist insurgency linked to al-Qaeda and the Islamic State. The violence has claimed thousands of lives, displaced millions, and deepened public distrust in democratic governance.

 

Related Posts

Navy cracks down on oil theft, dismantles illegal refineries in Rivers
News

Navy cracks down on oil theft, dismantles illegal refineries in Rivers

The Nigerian Navy Ship (NNS) Pathfinder has concluded a successful operation in the Ogba/Egbema/Ndoni area of Rivers State, dismantling...

by Editor
May 14, 2025
ASUU-UNN accuse JAMB of deliberate failure of South East candidates
News

ASUU-UNN accuse JAMB of deliberate failure of South East candidates

The University of Nigeria, Nsukka (UNN) branch of the Academic Staff Union of Nigerian Universities, ASUU, has vowed to...

by Jessica Jacob
May 14, 2025
Lagos to introduce new rent payment structure to combat rising housing costs
News

Lagos to introduce new rent payment structure to combat rising housing costs

The Lagos State Government has announced that plans are underway to introduce a new payment structure to combat rising...

by Editor
May 14, 2025
Oyo unveils export-ready food products, inaugurates new board 
Africa-Wide

Oyo unveils export-ready food products, inaugurates new board 

The Oyo State Government has launched a range of export-ready, value-added food products, including processed yam, cassava, and plantain...

by Rasheed Aladejana
May 14, 2025
Next Post
Omokri urges swift trial for Uromi killers to prevent retaliation

Omokri urges swift trial for Uromi killers to prevent retaliation

Afrocover news

The Afrocover team is a group of media enthusiasts that are committed to illuminate information fairness and objective media coverage across Africa. We also cover the depth of African Politics, History, Culture, Entertainment, and the Economy as the case may be.

© 2025 Afrocover – All right reserved

Subscribe To Our Newsletter

Loading
Facebook Twitter
No Result
View All Result
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.