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West Africa and Sahel

Niger and Mali Announce Joint Investment Bank for the Sahel

During a visit to Bamako, Niger’s President Abdourahmane Tchiani and Mali’s transitional leader Assimi Goïta announced the completion of preparations to establish a unified Investment and Development Bank for the Sahel States Alliance.

The announcement came at a press conference held by President Tchiani following bilateral talks, including a one-on-one meeting with Goïta and an extended session with defense ministers and senior military officials.

“All necessary preparations are complete. The Investment and Development Bank will be officially launched from Bamako soon,” Tchiani said, highlighting the institutional progress achieved by the Alliance since its creation in September 2023.

The Nigerien president also revealed that joint military operations of the Alliance had begun against armed groups in the Sahel, expressing gratitude to the peoples of the region for their “resilience and commitment to sovereignty and dignity,” and stressing that unity among Sahel states is the “key to a stable and successful future.”

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