Berliner Boersenzeitung - At 50, West African bloc teeters amid shifting alliances, security woes

EUR -
AED 4.248913
AFN 72.302456
ALL 96.16159
AMD 436.412601
ANG 2.070297
AOA 1060.752925
ARS 1614.18075
AUD 1.616293
AWG 2.085067
AZN 1.969238
BAM 1.950849
BBD 2.317219
BDT 141.653751
BGN 1.905938
BHD 0.436692
BIF 3440.216605
BMD 1.156764
BND 1.472681
BOB 7.985698
BRL 5.96786
BSD 1.156565
BTN 106.445384
BWP 15.505647
BYN 3.414279
BYR 22672.577489
BZD 2.318845
CAD 1.572384
CDF 2519.431812
CHF 0.902096
CLF 0.026291
CLP 1038.126384
CNY 7.942632
CNH 7.955281
COP 4285.649257
CRC 544.917012
CUC 1.156764
CUP 30.65425
CVE 110.615566
CZK 24.392457
DJF 205.580536
DKK 7.472004
DOP 70.562275
DZD 152.396696
EGP 60.00155
ERN 17.351462
ETB 180.921268
FJD 2.566633
FKP 0.859551
GBP 0.862408
GEL 3.140588
GGP 0.859551
GHS 12.533572
GIP 0.859551
GMD 85.019661
GNF 10150.605179
GTQ 8.867571
GYD 242.313965
HKD 9.051737
HNL 30.73571
HRK 7.535281
HTG 151.754849
HUF 387.666672
IDR 19653.423038
ILS 3.596669
IMP 0.859551
INR 106.842497
IQD 1515.361046
IRR 1528981.944058
ISK 144.815458
JEP 0.859551
JMD 181.160219
JOD 0.820133
JPY 183.836449
KES 149.445668
KGS 101.158614
KHR 4650.191876
KMF 492.781685
KPW 1041.127414
KRW 1708.146899
KWD 0.355034
KYD 0.963783
KZT 567.945821
LAK 24795.23989
LBP 104004.354951
LKR 359.550374
LRD 212.036566
LSL 18.737409
LTL 3.415623
LVL 0.699715
LYD 7.351262
MAD 10.833107
MDL 19.944296
MGA 4823.706751
MKD 61.61365
MMK 2428.552636
MNT 4142.267719
MOP 9.323796
MRU 46.409212
MUR 53.106814
MVR 17.872244
MWK 2009.299565
MXN 20.451018
MYR 4.529896
MZN 73.928924
NAD 18.735079
NGN 1613.109574
NIO 42.476105
NOK 11.159539
NPR 170.313747
NZD 1.956198
OMR 0.444762
PAB 1.15658
PEN 3.954397
PGK 4.974953
PHP 68.609959
PKR 323.321843
PLN 4.250588
PYG 7495.975377
QAR 4.211893
RON 5.090923
RSD 117.41848
RUB 91.644394
RWF 1687.718906
SAR 4.340577
SBD 9.306379
SCR 16.597249
SDG 695.215128
SEK 10.673697
SGD 1.47418
SHP 0.867873
SLE 28.450724
SLL 24256.765251
SOS 661.09289
SRD 43.348001
STD 23942.682565
STN 24.870429
SVC 10.11923
SYP 128.691491
SZL 19.063821
THB 36.773619
TJS 11.085465
TMT 4.048675
TND 3.382089
TOP 2.785211
TRY 50.997447
TTD 7.848183
TWD 36.800105
TZS 3007.586684
UAH 50.98424
UGX 4273.154826
USD 1.156764
UYU 46.521728
UZS 14060.468123
VES 506.266209
VND 30365.059137
VUV 138.141927
WST 3.158829
XAF 654.304873
XAG 0.01349
XAU 0.000223
XCD 3.126213
XCG 2.084464
XDR 0.811611
XOF 650.676578
XPF 119.331742
YER 276.00758
ZAR 19.079726
ZMK 10412.268188
ZMW 22.495199
ZWL 372.477587
  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSD

    0.0700

    23.15

    +0.3%

  • CMSC

    -0.0100

    23.24

    -0.04%

  • JRI

    0.2100

    12.85

    +1.63%

  • RYCEF

    0.7800

    17.68

    +4.41%

  • BCC

    -0.6400

    71.9

    -0.89%

  • GSK

    -0.1700

    55.15

    -0.31%

  • BCE

    -0.5000

    25.89

    -1.93%

  • RIO

    0.4000

    92.08

    +0.43%

  • NGG

    -0.1600

    89.69

    -0.18%

  • AZN

    -1.6800

    193.31

    -0.87%

  • RELX

    -0.4300

    34.76

    -1.24%

  • VOD

    -0.0600

    14.4

    -0.42%

  • BP

    1.6200

    41.56

    +3.9%

  • BTI

    -0.2500

    59.16

    -0.42%

At 50, West African bloc teeters amid shifting alliances, security woes
At 50, West African bloc teeters amid shifting alliances, security woes / Photo: OLYMPIA DE MAISMONT - AFP

At 50, West African bloc teeters amid shifting alliances, security woes

Leaders of ECOWAS are gathering on Wednesday to celebrate 50 years since its formation and are expected to address regional security challenges as the continent also seeks answers in the face of US trade tariffs and aid cuts.

Text size:

The anniversary could not have come at the worst of moments for the Economic Community of West African States -- once internationally respected as a force for stability.

ECOWAS is now fractured following the departure of junta-led countries Mali, Burkina Faso and Niger earlier this year.

It is also grappling with its security challenges with jihadists exploiting strained relationships between members and gaining ground in the Sahel and Lake Chad region. Benin and Nigeria have experienced a wave of attacks in recent months.

And the Sahel region was in 2024 ranked the epicentre of global "terrorism" for the second straight year, accounting for more than half of deaths put down to terror attacks worldwide, according to the Global Terrorism Index published in March.

Coups and attempted putsches - driven by widespread public discontent and distrust in political elites - have rocked nearly half of original ECOWAS countries in the last decade, putting democracy on the ropes and straining relations among neighbours.

The departure of the three countries from ECOWAS dealt a blow to the bloc's credibility and regional influence, experts say.

The exit "is a major dent on this organisation's capacity to harness the optimism and hopes of its birth", said Kwesi Aning, an expert in international cooperation at the Accra-based Kofi Annan International Peacekeeping Training Centre.

"It reflects a disastrous level of leadership amongst ECOWAS leaders," he added.

- Turmoil and trade -

Nigeria's President Bola Ahmed Tinubu, the current head of the rotating ECOWAS presidency, and the 89-year-old ECOWAS co-founder and former Nigerian military leader, General Yakubu Gowon, are due to address the gathering at a hotel in Lagos.

As the region's largest economy and most populous nation, Nigeria was expected to be ECOWAS's "stabilising force", but it is "faltering", said SBM Intelligence in a report released Wednesday.

"Its internal crises — including economic mismanagement, political instability, the Boko Haram insurgency, and governance failures — have significantly diminished its ability to lead", said the report.

Overall, ECOWAS "finds itself at a critical juncture between its foundational aspirations of economic integration and peace and the stark realities of regional insecurity, democratic backsliding, and internal fragmentation," said SBM Intelligence.

The impact of the turmoil on trade among countries is stark.

Before relations between neighbours Nigeria and Niger soured following a coup in Niamey in July 2023, Nigerian traders shipped out several truckloads of edible grains from the bustling Dawanau market in the northwestern state of Kano daily.

While the volume of grains supplied from the Kano market into Niger has not changed much, it is the cost of doing so that is now biting.

Multiple traders and truckers told AFP in Kano that taxes paid on Nigerian goods imported into Niger have increased fivefold, fuelling a spike in smuggling activities across porous borders.

"We were paying an equivalent of 100,000 naira (about $64) as import duty on each truck before they left ECOWAS, but we now pay around 500,000 naira," said 40-year-old trucker Aliyu Abubakar.

"Smuggling is thriving," said Mustapha Buhari, 47, a resident of Nigeria's Mai-Adua, a border town.

(U.Gruber--BBZ)