Connect with us

Politics

Ivory Coast: President Ouattara appoints Central Bank Governor, Tiémoko Koné as new Vice president

Published

on

President Alassane Ouattara of Ivory Coast has continued his announced shake-up in government as he has appointed the governor of the Central Bank of West African States (BCEAO) Tiémoko Meyliet Koné as the new Vice president.

The appointment comes after the resignation of ex-Prime Minister Patrick Achi last week.

President Alassane Ouattara reiterated plans to slim down the size of the cabinet and promised to announce new appointments.

The new Vice President, Tiémoko Meyliet Koné has headed the BCEAO since 2011 and is also an economist and a well-known technocrat.

Mr. Kone has also served between 2007 and 2011, as Director of the Prime Minister’s Cabinet, then as Minister of Construction, Urban Planning and Housing, and finally as Special Adviser to the President of the Republic, in charge of economic and monetary issues.

He also served between 2007 and 2011, as Director of the Prime Minister’s Cabinet, then as Minister of Construction, Urban Planning and Housing, and finally as Special Adviser to the President of the Republic, in charge of economic and monetary issues.

While addressing parliament, President Ouattara stressed that Kone had been a dedicated leader of the West African regional central bank BCEAO, which issues and manages the CFA franc currency used by eight countries.

“He’s a brilliant economist, a hard-working and competent man, who was involved in the reform of the CFA franc, which was a delicate operation,” he said, noting that Kone had also held high-ranking government jobs in Ivory Coast in the past.

Politics

Bola Tinubu sworn in as Nigeria’s 16th president

Published

on

Bola Ahmed Tinubu has been sworn in as Nigeria’s 16th President on Monday, May 29 at Eagle Square in the country’s capital city, Abuja.

Tinubu and his deputy, Kashim Shettima took the oath of office at exactly 10:28 AM and 10:38 AM respectively, administered by the Chief Justice of Nigeria, Justice Olukayode Ariwoola.

Shortly after being sworn in, the Nigerian President promised to solve terrorism and criminality. “Security shall be top of our administration,” he said, adding that he would reform security architecture, invest more in security personnel, providing better training and equipment.

Additionally, he pledged to transform the economy in order to spur expansion and increase the Gross Domestic Product through job creation, fighting extreme poverty, increasing food production, ensuring the inclusion of women and young people, and combating corruption.

On the controversial subject of fuel subsidy removal, he took a firm position, announcing that the fuel subsidy regime was over. He also stated that, on the monetary policy side, he would work towards a unified foreign exchange system.

He was declared the winner of the presidential elections held on February 25 in which the 36 states of the federation and the Federal Capital Territory (FCT) were won equally by the three leading candidates, twelve states each.

The ceremony was attended by some notable leaders from across the continent. Some of them are South Africa’s President, Cyril Ramaphosa, the new Prime Minister of Gabon, Billy By-Nze, President of the Republic of Cote D’Ivoire, Alassane Ouattara; Ghana President, Nana Akufo-Addo, and Rwanda President, Paul Kagame.

Tinubu garnered about 37 % of the total votes cast to become president. His experience includes being governor of Lagos State from 1999 to 2007, and a prior career in finance with top financial companies like Arthur Andersen, Deloitte and GTE Services Corporation. Nigerians will hope he will use his experience to transform the economy which critics believe performed below par under the outgone president, Muhammadu Buhari.

He is faced with the challenges of high foreign debt, unemployment, soaring inflation, unstable multiple exchange rate system, and insecurity, amongst other challenges.

Continue Reading

Politics

Embattled Senegalese opposition leader, Sonko arrested

Published

on

Embattled Senegalese opposition leader, Ousmane Sonko was arrested on Sunday by the police during a march across the country.

Last Friday, Sonko set off on a march back to the country’s capital, Dakar which drew a crowd, mainly of young supporters, and was marred by clashes between youths and security forces, in which one man was killed in the south of the country.

The Minister of Interior, Antoine Diome claimed that the arrest was a result of clashes between Sonko’s supporters and the police during his return to Dakar, in which one man was killed.

Diome stated while addressing the media that the politician should have requested prior authorisation before organising what he called a “freedom caravan”.

He added that “a man was killed in Kolda. Is the state going to stand idly by (…) The answer can only be no”.

“We were, therefore, able to escort the leader of the Pastef (party) (Mr Sonko) to his home (in Dakar) where he was dropped off”, he said.

The politician who is battling with a libel suit against him is also charged with rape and making death threats against an employee of a beauty salon in Dakar but has denied all wrongdoing and insists that his legal travails are politically motivated and aimed at scuttling his bid for the 2024 presidency.

Sonko finished third with 687,523 votes, narrowly behind President Sall and Idrissa Seck in second place in the 2019 presidential election. He is hopeful of another try at the poll in the December 2023 elections.

Continue Reading

EDITOR’S PICK

Uncategorized7 hours ago

Kenya, Russia sign deal to boost trade cooperation

Kenya’s presidency has revealed that the country is set to sign a trade pact with Russia focused on boosting cooperation...

Sports9 hours ago

Ndidi, Iheanacho, Daka suffer relegation with Leicester City

The three African players at Leicester City, Nigerian internationals, Wilfred Ndidi and Kelechi Iheanacho, as well as Zambian striker, Patson...

Tech9 hours ago

Nigeria’s identity verification startup, Youverify takes expansion drive into Kenya

Nigeria’s identity verification regtech startup, Youverify has taken its African expansion drive into Kenya after successfully launching its operations in...

Metro9 hours ago

WHO tells Zambia to grow sustainable crops instead of tobacco

The World Health Organisation (WHO) has admonished the Zambian government to encourage farmers to plant more food crops instead of...

Metro9 hours ago

Ugandan President, Museveni signs anti-gay bill into law

The Ugandan anti-gay bill which was presented by the parliament to President Yoweri Museveni for assent has finally been signed...

Culture9 hours ago

South African amputee dancer, Musa Motha dazzles at ‘Britain’s Got Talent’

South African amputee dancer, Musa Motha has entered the history books at the “Britain’s Got Talent” reality show after leaving...

Politics10 hours ago

Bola Tinubu sworn in as Nigeria’s 16th president

Bola Ahmed Tinubu has been sworn in as Nigeria’s 16th President on Monday, May 29 at Eagle Square in the...

Politics11 hours ago

Embattled Senegalese opposition leader, Sonko arrested

Embattled Senegalese opposition leader, Ousmane Sonko was arrested on Sunday by the police during a march across the country. Last...

Politics14 hours ago

Mali warns United States against disinformation against it

The military government in Mali has asked the United States to desist from disinformation about the country and its defence...

Behind the News1 day ago

Behind the News: All the backstory to our major news this week

In the past one week, there were lots of important stories from around the African continent and we served you...

Trending