• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Sahel-ECOWAS Impasse: Experts concerned for trade and security

1 year ago
in Business, Features, highlights, Home, home-news, latest News, Trade
3 min read
0 0
0
58
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Sahel-ECOWAS Impasse: Experts concerned for trade and security

The stalemate between ECOWAS and the Sahelian countries of Burkina Faso, Mali, and Niger lingers on, causing further apprehension among citizens within and outside of the economic community.

Recent efforts by ECOWAS demonstrate some sense of a desire to reconcile, but the question remains: has the bridge been burnt beyond repair or can it be rebuilt?

The communique that emerged out of the just-ended Extraordinary Summit of Heads of State held in Abuja suggests that ECOWAS has extended a hand of friendship to these countries to keep the regional integration dream alive.

To be specific, ECOWAS has lifted sanctions on travel and trade while urging the countries in question to “reconsider their decision to withdraw from ECOWAS, in view of the benefits that all ECOWAS Member States and their citizens enjoy for being part of the Community,” citing socio-economic, political, security and humanitarian consequences of parting ways.

Returning ECOWAS to the fervour of its early years would not be easy; but, regional and security proponents believe it is a worthwhile endeavour.

Three of such individuals are the National President for Borderless Alliance, Ziad Hamoui, the CEO of Africa Trade Academy, Dode Seidu and renowned Security Analyst Dr. Adam Bonaa who discussed the unfortunate turn of events in West Africa on the award-winning Eye on Port television program ahead of the meeting in Abuja.

RelatedPosts

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

They collectively expressed disappointment at the management of the situation on both ends, lamenting the damage caused to regional efforts to promote trade and tighten security.

While the head of Ghana’s wing for trade advocacy group, Borderless Alliance, Mr. Hamoui, empathized with why the three countries’ feel disenfranchised in the regional community, he still urged them to take a conservative approach as they consider severing ties with the bloc.

“Keep in mind that, in the longer term these three countries are landlocked countries. There’s nothing that they can do that can change this fact. A landlocked country will rely on the coastal countries for its normal functioning in the import and the export of raw materials. Critical components for food, life and health will thrive on the assumption of a healthy relationship between the coastal countries and the landlocked countries” he highlighted. 

In the meantime, Mr. Hamoui said his outfit had advised the trading community to keep their ears on the ground and tarry awhile when it comes to sending goods across these countries until the situation becomes clear.

He said it is pretty disappointing how events have unfolded at ECOWAS considering that the community was preparing to enter celebratory mode this year.

 “In December during the Heads of State Summit the discussions were all centered about how near we are to celebrating 50 years of ECOWAS in 2025 and how 2023 will actually be a year of celebrations in the run up to the 50 years. There was also talk about Accra hosting a summit about free movement” he said.

The National President of Borderless Alliance urged ECOWAS to do all it can to reintegrate these countries into the community as it serves the interest of both parties and keep the momentum for the socio economic and political integration of West Africa.

Trade expert, Dode Seidu was also of the opinion that the ongoing events set back Pan-African efforts including the African Continental Free Trade Area.

“The AfCFTA negotiations and implementation is built on the achievements of the regional economic communities so if a part of the regional bloc has been chipped or is being chipped off it affects how the bloc is represented and how it can participate effectively in the AfCFTA trade. Also, the harmony of the regional blocs is an indicator of the strength of the trade. In a nutshell, these developments have not augured well for the continental efforts coming from ECOWAS” he explained.

He said the coup d’états in the Sahel generally created a disabling environment for the security of trade which was further worsened by sanctions placed on those countries. 

Consequently, this had a telling impact on the participation of the aforementioned countries in future trade negotiations within the ECOWAS community and Africa at large.

The Chief Executive Officer of Africa Trade Academy said considering that 8% of the Gross Domestic Product (GDP) and being a major commodity source in the region, separation from the bloc will bear negative consequences on both parties.

More seriously, security analyst Dr. Adam Bonaa said the impact of recent developments on the security outlook of the region is more threatening than it seems. He was very critical of the initial Tinubu-led attempt to resort to military interventions following the coup d’état in Niger, insinuating that was the event that added more salt to the wounds of the countries involved.

He said regional initiatives and projects undertaken to tighten security are left in a vulnerable state due to the standoff between ECOWAS and the Sahelian countries.

 Dr. Bonaa bemoaned that the Accra Initiative, aimed at preventing the spillover of terrorism from the Sahel and to address transnational organized crime and violent extremism in member countries’ border areas, “is on its knees” as a result of these developments.

 “I am on the board of the Small Arms Commission on light weapons representing civil society. There are several treaties that have been signed and these countries that seeded are part of the treaties signed within ECOWAS. The moment they wrote that they’ve ceded, technically it means that these treaties don’t work and one of the treaties has to do with arms trade. So if you were in Niger and you wanted to import Firearms the treaty says that all the other countries would have to know what you are importing, the number and other details. If they disagree you can’t bring them in and the reason is that one country cannot arm against the other. With these countries having ceded, do we know what they have coming in? So now we are all endangered species,” he lamented.

He argued that for years, there appeared to be a disconnect between the decisions of ECOWAS and the needs of its citizens, leading to unsatisfactory results in the implementation of certain policies and action plans.

The Security Analyst says the ECOWAS Commission and the Authority of Heads of States moving forward must reorient themselves and govern with an inclusive approach, taking into consideration the views of the average citizen, civil society, traders and experts.

  

 

Source: Eye on Port
Via: norvanreports
Tags: ECOWASSahel-ECOWAS Impasse: Experts concerned for trade and security
No Result
View All Result

Highlights

OPEC+ Nears Decision Point on Next Oil Output Hike

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Trending

Business

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

August 3, 2025

Multichoice Rebuffs Minister's Claim On DSTV Price Cuts, Cites Market Conditions MultiChoice Ghana has pushed back against...

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.