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BREAKING: ECOWAS to Lift Economic Sanctions On Niger, Mali, Guinea

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The Economic Community of West African States (ECOWAS) has resolved to lift some sanctions on Niger Republic, Mali and Guinea.

The resolution was taken at the extraordinary summit on the peace, political and security situation in the ECOWAS sub-region in Abuja on Saturday.

While the regional bloc said the political and targeted sanctions on Niger Republic remain, it lifted some financial and economic sanctions on Guinea and some targeted sanctions on Mali.

Meanwhile, President Bola Tinubu called for the suspension of economic sanctions imposed on Niger, Mali, Burkina Faso, and Guinea by ECOWAS.

President Tinubu, who is the Chairman of the Authority of Heads of State and Government of the organization made the call at the Extra-ordinary Summit of ECOWAS in Abuja on Saturday,  saying that: “Everything we did was in hopes of persuading our brothers that there existed a better path, a path that would lead to genuine improvement of their people’s welfare through democratic good governance. And this was a path each of our nations had solemnly agreed with one another pursuant to formal regional treaty and protocol.

“However, the sanctions that we contemplated might help lead our brothers to the negotiating table have become a harsh stumbling block. In my mind and heart, that which is hurtful yet ineffective serves no good purpose and should be abandoned.

“ECOWAS was established for the unassailable objective of improving the lives of the people of this region through fraternal cooperation among all member states. This edifice was cemented on the strong foundation and apt conviction that, united as one, we can be the true masters of our destiny.”

The President further explained that ECOWAS took the steps it did based on the regional ideals of security, social stability; democratic governance, political freedom, broad-based prosperity, and sustainable economic development through fair opportunity for each and every one in West Africa.

He said neither hatred nor hidden motive influenced the steps taken and that there was never any intention to douse or undermine the legitimate political aspirations of any member state or to advance the interests of any outside party.

In calling for the suspension of sanctions, President Tinubu stressed that: “We must take note of the approach of the holy month of Ramadan and of Lent. Whether you pray in the mosque or in the church, this represents a time for compassion, hope, and harmony. It is a time that we must not only seek God but also a closer relationship with brother and neighbour.

“In the Spirit of the holy month and of the Lenten period, and with hearts bestirred by goodwill towards all our people, let us extend a hand as brothers and friends to those in Niger, Mali, Burkina Faso, and Guinea.

“What I suggest in real and practical terms is that we, my colleagues and fellow heads of state in ECOWAS, indefinitely suspend economic sanctions against Niger, Mali, Guinea and Burkina Faso and against the leadership of the military authorities in those nations.”

The President asked that ECOWAS facilitate the unfettered flow of foodstuffs, medicines and other humanitarian items to the people of these nations, especially to the most vulnerable, adding that for Nigeria, this will also mean the prompt resumption of export of electric power to Niger.

“In this vein, suspension of sanctions is an important but initial step. What we seek is more than the breaking of the diplomatic logjam. We must use this very moment when things seem tense and progress unavailing, to forge greater cooperation within our community.

“We not only reach out to our brothers. Today, we say unto them — let us begin to work more earnestly together for the economic development of our people and towards confronting those modern challenges that respect no borders or boundaries. Challenges ranging from climate change to violent extremism to illegal pilfering of our precious natural resources require that we join together in progress or we fail separately.

“As leaders of ECOWAS, we have accepted the honour and duty to draft the history of the region and its people during our tenure in office. We have also accepted the honour and duty to reach out to our brothers, letting them know this regional home belongs to us all. I shall do my utmost in this regard. I humbly beseech that you do the same.

“For these reasons, we must suspend sanctions and return to brotherly dialogue. I call on the leadership in Burkina Faso, Guinea, Mali, and Niger to embrace the hand extended,” the President stated.

International

Senegal scraps Akon’s $6bn Wakanda-inspired city project

Akon will retain just 8 hectares of the original land allocation, which will be absorbed into the broader development.

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The government of Senegal has cancelled Akon’s $6 billion plan to build a futuristic “Akon City” on the country’s Atlantic coast, after years of inaction and missed payments by the Senegalese-American singer.

Bloomberg reports that the project, first announced in 2020, was pitched as a tech-driven smart city inspired by Marvel’s Wakanda and promised to transform the quiet village of Mbodiène into a modern hub powered by solar energy and Akon’s own cryptocurrency.

But five years later, the Senegalese government has reclaimed most of the 136 acres of land initially allocated to the singer, after construction failed to begin and financial commitments were not met.

“That project no longer exists,” Serigne Mamadou Mboup, head of Sapco-Senegal, the state agency responsible for developing coastal and tourism zones, told L’Agence de presse sénégalaise.”

Bloomberg reports on Wednesday that SAPCO said it would now pursue a scaled-down, state-backed tourism project in the same area, with a budget of 665 billion CFA francs (about $1.2 billion), largely sourced from private investors.

Akon will retain just 8 hectares of the original land allocation, which will be absorbed into the broader development.

Despite the setback, officials say the revised plan could generate up to 15,000 jobs in its first phase, offering long-awaited economic hope for Mbodiène residents.

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Russian minister commits suicide after sack by Putin

Starovoyt, 53, served as Russia’s transport minister since May 2024.

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Russia’s former transport minister Roman Starovoyt killed himself Monday, July 7, 2025, hours after being officially dismissed by President Vladimir Putin.

The country’s Investigative Committee confirmed the incident via a statement on Monday.

Authorities said Starovoyt’s body was found in a Moscow suburb after the firing was announced, with “suicide” being considered the most likely cause of death.

Starovoyt, 53, served as Russia’s transport minister since May 2024.

He was previously the governor of the Kursk region, where Russia had battled a Ukrainian incursion.

The Investigative Committee said: “Today, the body of former Transport Minister Roman Starovoyt was found in his private car with a gunshot wound in the Odintsovo district.

“The main version (considered) is suicide.”

Russian state media and news agencies said Starovoyt shot himself.

It was not clear exactly when Starovoyt died.

(The Star.ng)

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International

Trump threatens extra 10% tariff on nations siding with Brics

A deadline for countries to agree a tariff deal with the US had been set for 9 July but US officials now say they will begin on 1 August.

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US President Donald Trump has warned that countries which side with the policies of the Brics alliance that go against US interests will be hit with an extra 10% tariff.

Trump has long criticised Brics, an organisation whose members include China, Russia and India, which was designed to boost countries’ international standing and challenge the US and western Europe.

“Any country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% tariff.

There will be no exceptions to this policy,” Trump wrote on social media.

A deadline for countries to agree a tariff deal with the US had been set for 9 July but US officials now say they will begin on 1 August.

(BBC)

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