The West African nations in the CFA zone are required to deposit 50% of their foreign exchange reserves in a special French Treasury “operating account”. At one point it was 100%!
The rest of the continent has so far remained largely immune from the contagion of international criminal justice sweeping West Africa.
Unlike other regions of Africa, there’s a growing body of former opposition leaders in power in ECOWAS, including Nigeria’s Buhari, Liberia’s Sirleaf and Senegal’s Sall. They know the pain
The ECOWAS regional grouping has intervened in all major hot spots within its bloc ranging from the civil war in Liberia in 1990 to the post-election crisis in Côte d’Ivoire in 2011
The combination of improved life expectancy, greater political stability, and the shift toward presidency-for-life, means that as Africa becomes the world’s youngest continent, it will also have some of its oldest leaders
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