WAEMU releases $100M for Burkina Faso, Niger and Mali to better fight terrorism

Security
Wednesday, 04 December 2019 14:51
WAEMU releases $100M for Burkina Faso, Niger and Mali to better fight terrorism

(Togo First) - The West African Economic and Monetary Union (WAEMU) will release approximately $100 million (XOF50 billion) for Burkina Faso, Mali and Niger to better fight terrorism. 

This was disclosed yesterday by Abdallah Boureima, Chairman of the WAEMU Commission. This was just after the 22nd extraordinary session of the Conference of Heads of WAEMU States.

The funds are part of a larger amount (up to $500 million) which WAEMU committed to invest in the fight against terrorism in the region (over the 2020-2024 period). 

At the conference, the heads of State also adopted an act to establish a regional security fund.

R.E.D

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