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Chad postpones presidential elections, grants interim President Deby right to contest

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Chadian authority has pushed back democratic elections by two years to extend interim leader Mahamat Idriss Deby’s tenure and make him eligible to run for president in the eventual vote.

There was an initial 18-month transition plan to elections when President Deby seized power in April 2021 after his father, President Idriss Deby, was killed on the battlefield during a conflict with insurgents.

The West Africa sub-region has witnessed a series of military coups in recent years. In MaliGuinea, and Burkina Faso since August 2020. The lifting of the sanctions is some sort of relief for the countries who cannot afford more economic restrains than the troubling cases of insurgency already caused them.

There has been clamor from international communities like the African Union, the United States, and other foreign powers that the junta must not monopolize power by extending the transition or fielding presidential candidates.

Under the new arrangements, elections would take place around October 2024. That allows Deby to remain in power until the vote, although his Transitional Military Council will dissolve and be replaced with a transitional government, appointed by Deby.

The current Chadian leader, Deby took the reins of the country after his father was killed during an operation against rebels in April 2021.

Politics

South Sudan’s finance minister Bak Barnaba Chol fired

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President Salva Kiir of South Sudan has dismissed Bak Barnaba Chol, the Minister of Finance and Planning, and appointed engineer Daniel Daniel Chuong in his place.

 

Kiir removed the Finance Minister without providing a reason in a presidential decree that was published in South Sudan’s capital, Juba.

 

Before his appointment, the new finance minister was the petroleum ministry’s technical adviser and the previous minister of petroleum.

 

The country’s local currency, the South Sudanese pound (SSP), was depreciating at the same time as the changes were implemented, causing hyperinflation.

 

Three months ago, the SSP was worth 1,100 units against the US dollar; three months later, it was worth a record low of 1,800 units.

 

To secure hard currency and stabilize the economy, the nation is currently struggling to raise daily oil production from the current 150,000 barrels per day to 175,000 barrels per day.

 

South Sudan is currently in a dangerous situation. UN reports state that local violence between different armed groups and factions is on the rise.

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Senegal: opposition figure Sonko promises new national currency if party wins election

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Controversial Senegalese opposition leader, Ousmane Sonko, said the country would consider the implementation of
reform of the West Africa region’s CFA franc currency at a regional level first, and if that failed, would consider creating a national currency, if his preferred candidate, Bassirou Diomaye Faye, wins the next presidential election.

Faye is one of the main candidates in Senegal’s March 24 presidential election. He is backed by the popular firebrand Sonko, who was disqualified from the race over a defamation conviction.

Sonko made the promise while speaking at a joint press conference with Faye, shortly after both politicians were released from jail.

It appeared the comment was aimed at easing concerns after their election campaign, which promised to introduce the new currency if Faye won.

“We will try to implement a monetary reform at the sub-regional level first,” Sonko said. “If that fails, we will decide as a nation.”

Sonko alleged that the CFA franc currency, which is pegged to the euro and used by eight countries of the West Africa Monetary Union, affects economic development in the region, and the time is right to explore more options.

“There’s no sovereignty if there is no monetary sovereignty,” said Faye, speaking at the same press conference.

To be declared the winner in a presidential poll, a candidate must secure the signatures of 0.8% to 1% of the voting public. At least 2,000 sponsors must be secured for each of Senegal’s fourteen regions, where a minimum of seven signatures are required.

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