AES plans regional bank ahead of unified African economy

The Alliance of Sahel States (AES) plans to expedite the establishment of the Confederal Bank for Investment and Development (BCID-AES).

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The bank aims to enhance financial independence and strengthen economic sovereignty within AES members.

The initiative follows the departure of Burkina Faso, Mali, and Niger from ECOWAS, marking a shift toward regional economic autonomy.

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