TSA

EAC members bicker over who will host regional central bank to be set up in 2023

A decision to set up the East African Monetary Institute (EAMI) — the Central Bank of East Africa — which is widely seen as a key institution required in implementing a single currency regime, will be made this year, East African Community (EAC) Secretary-General Peter Mathuki has said. Member states have so far failed to […]

France-Mali tensions escalate over arrest of diplomat accused in alleged coup plot

A diplomatic crisis has erupted between France and Mali following the arrest of Yann Vezilier, a French embassy employee accused by Mali’s military government of plotting to “destabilize” the Sahel country. Malian authorities allege Vezilier, whom they claim is linked to French intelligence, was recruiting military and civil society figures to orchestrate a coup. The […]

China’s costly gamble: Niger exposes risks of regime-agnostic diplomacy in Africa

China’s long-held strategy of “regime-agnostic” engagement in Africa is under strain as mounting instability in Niger threatens billions in Chinese investments, says a new study. A new report by the Washington-based Africa Center for Strategic Studies warns that China’s transactional diplomacy — prioritizing control over constitutional legitimacy — has left its state-owned enterprises (SOEs) vulnerable […]