Mali
According to a note disclosed Tuesday by Mali's Ministry of Economy and Finance, the World Bank has allowed the lifting of the suspension of its financial operations in Mali, a measure taken in May 2021 after two coups in less than a year.
"The Vice President, Western & Central Africa for the World Bank, Ousmane Diagana, sent a letter dated July 18, 2022 to the Minister of Economy and Finance, announcing the lifting of the suspension of disbursements for projects and programs financed by the World Bank in Mali," a note posted on the government's Facebook page read.
A development that will enable "the release of payments (...) of the companies concerned as well as the immediate resumption of the activities of the said projects and programs ", the statement followed.
West African presidents lifted early July sanctions imposed on Mali. ECOWAS in January had imposed a trade and financial embargo on Mali after its military government unveiled a scheme to rule for five years.
The consensus Mali and Ecowas reached plans that Mali will hold presidential elections in February 2024. The poll will be preceded by a referendum on a revised constitution in March 2023 and legislative elections in late 2023. Ecowas Commission President said the regional block would continue to monitor the situation.
Go to video
Gaza war: FIFA to seek legal advice on proposal to suspend Israel from international football
01:44
April 2024 breaks global heat records, Morocco prepares for scorching heatwave
Go to video
Russia: Vladimir Putin takes oath for historic 5th term
00:55
Togo's president signs law expected to extend his decades-long rule
01:11
Counting begins in Chad Presidential election
00:41
Chad votes in first Sahel presidential poll since wave of coups