It appears the Economic Community of West African States, ECOWAS, will be unable to launch a single currency for West African countries by its original 2020 schedule.
ECOWAS Chairman, Geoffrey Onyeama, says that date would be a challenge to meet.
Speaking to reporters at the end of the 54th ordinary session of Heads of State in Abuja on saturday, Onyeama told journalists necessary criteria for archieving the single currency have not been meet by the region. To make this a reality, Chairman Onyeama, also Nigeria’s foreign minister, said the region’s governors of central banks, finance ministers and experts are working together to make this a reality.
Although the convergence currency idea is not moving forward as expected, ECOWAS commission president, Jean-Claude Brou, said good progress has been mde in efforts aimed at free movement of persons in the region through the use of ECOWAS biometric identity card which has been adopted by three countries. Of fully adopted by other ECOWAS countries, Brou says it will promote security and would improve the chances of achieving a single currency.
African Summit Gives Sudan Military Three Months To Implement Reforms
African leaders have agreed, at a meeting in Cairo on Tuesday, to give Sudan’s ruling military council three months to implement democratic reforms, and a quick restoration of the constitutional system through a political process, amid pressure for a handover of power to civilians.
The decision extends a 15-day deadline set by the African Union last week for Sudan’s Transitional Military Council (TMC) to hand over power or be suspended from the A.U. TMC took over after president Omar Al-Bashir was ousted earlier this month.
The TMC has been under pressure from demonstrators to hand power to civilians immediately.
Egypt`s Abdul Fatah Al Sisi, who holds the rotating African Union presidency, said at the end of the summit in Cairo, they have agreed on the need to give more time to Sudanese authorities and Sudanese parties to implement required measures.
Mozambican Authorities Warn Of A Possible Tropical Storm Hit
Mozambican authorities have warned of a tropical storm that could hit the country this week, just one month after cyclone Idai ravaged the nation. The next organized tropical cyclone, to be named Kenneth could also affect Tanzania.
The National Institute for Disaster Management’s spokesman, Paulo Tomás says, they will keep abreast of the evolution of the weather system.
Last month, cyclone Idai killed at least 960 people in parts of Mozambique, Malawi and Zimbabwe, leaving some 3 million people in need of humanitarian assistance.
Egypt Voters Approve Referendum Extending President’s Rule
Egypt’s election commission has announced, 88% of voters had approved changes to the constitution that could allow president Abdul Fattah Al-Sisi stay in power until 2030. The amendments would also give the president new powers over the judiciary.
The commission says, voter turnout during the three-day referendum was nearly 44 and a half percent and almost 90 percent approved the amendments while 11.17 percent voted no.
The amendments will extend Sisi’s current term to six years from four and allow him to run again for a third six-year term in 2024 and to appoint one or more vice presidents.
His critics questioned the credibility of the turnout figure announced and are asking how can a constitution be changed to fit one person.
Sisi’s supporters say he has stabilized Egypt and needs more time to reform and develop the economy.
After the announcement was made, Al-Sisi sent the message quote “I am your god.”
- Bombers Who Carried Out Attacks In Sri Lanka Were Well Educated – Investigators April 24, 2019
- Buhari Condemns Killing Of Christian Youths In Gombe April 24, 2019
- Nigeria’s Borrowing Remains Relatively Low At 19% – Minister April 24, 2019
- Iranian Foreign Minister Condemns Trump Silence On Saudi Mass Execution April 24, 2019
- North Korea’s Kim Arrives In Russia Ahead Of Summit With Putin April 24, 2019
World News3 days ago
Sri Lanka Bombings: At Least 207 People Killed By Explosions On Easter Sunday
African News7 days ago
Libya Death Toll Rises To 205 Amid Clashes In Tripoli says W.H.O
African News2 days ago
Congolese Official Says Belt And Road Initiative Helps Development In Africa
World News3 days ago
Updates: Death Toll From Sri Lanka Attacks Rises To 290, About 500 Wounded – Police
Sports News7 days ago
Atletico Madrid’s Costa Suspected Of Tax Fraud In Spain
Nigerian News7 days ago
We’re Still Working With Swiss Partners To Free Chibok Girls – Lai Mohammed
African News7 days ago
MSF Raises Alarm Over Malnutrition In Southern Ethiopia
World News7 days ago
Portugal Confirms 29 Germans Killed In Bus Crash