WEBVTT - Does ECOWAS have a future in West Africa?

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>Mali, Burkina, Faso and Niger have been given six further

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<v Speaker 2>months to reconsider leaving the Echoas trade block.

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<v Speaker 3>While the impending exit of Bukina, Fasu, Mali and Niger

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<v Speaker 3>from EQUAS is disheartening, we commend the ongoing mediation efforts

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<v Speaker 3>led by their excellencies, President ford Na Simbe of Togo

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<v Speaker 3>and President Vasirri Jomaifi of Senega. These efforts on the

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<v Speaker 3>score your collective commitment the preserving peace and unity in

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<v Speaker 3>our region.

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<v Speaker 2>The three junta led nations, the sites of coups, in

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<v Speaker 2>recent years have set up their own block, the Alliance

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<v Speaker 2>of Sahal States to protect each other and leave ECHOAS behind.

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<v Speaker 1>Sixty years of independence, no roads, no war, people can't

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<v Speaker 1>find water. Water is life. How can we live under

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<v Speaker 1>a so called democracy when there are no schools, people

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<v Speaker 1>are learning on the floor, there are no tables. We

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<v Speaker 1>think that times have changed, It is no longer a

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<v Speaker 1>time to talk about democracy.

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<v Speaker 4>Well.

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<v Speaker 2>Plus, on today's episode of the Next Africa podcast, we'll

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<v Speaker 2>ask how perilous this is for ECHOAS and West African

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<v Speaker 2>unity and does the block still have any ability to

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<v Speaker 2>Defend Democracy. I'm Jennifer Zabasaja and this is the Next

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<v Speaker 2>Africa Podcast, bringing you one story each week from the

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<v Speaker 2>continent driving the future of global growth with the context

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<v Speaker 2>only Bloomberg can provide. Joining me this week is our

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<v Speaker 2>West Africa reporter Katerina hooihe in Dakar. Katerina, thanks so

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<v Speaker 2>much for joining us again to walk us through this story.

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<v Speaker 2>Maybe we just start with explaining what EGOAS is and

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<v Speaker 2>who are its members and what exactly its aim is

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<v Speaker 2>to do in West Africa.

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<v Speaker 4>Yeah. So, echoa's the Economic Community of West African States.

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<v Speaker 4>It's an organization of fifteen member countries and they're doing

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<v Speaker 4>exactly that economic issues, trying to you know, work on

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<v Speaker 4>economic integration and development. And some of the most important

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<v Speaker 4>measures they have is the free movement of goods and

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<v Speaker 4>people between their countries to facilitate trade. And then they're

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<v Speaker 4>also cooperating in terms of you know, telecommunications and other links.

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<v Speaker 4>Eight of these countries also share a common currency, the CFA,

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<v Speaker 4>and the you know, they have a commission at parliament,

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<v Speaker 4>a court, an investment bank exists since nineteen seventy five,

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<v Speaker 4>so should be celebrating fifty years next year may be

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<v Speaker 4>done with less members as Pekina Fas and Mali in

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<v Speaker 4>the year are looking to leave next year in January.

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<v Speaker 2>Yeah, let's talk about that because at this summit Echoa summit,

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<v Speaker 2>they called it disheartening that these countries want to leave.

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<v Speaker 2>What's behind this?

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<v Speaker 4>I mean in Mali, Niger and Brikina Faso they have

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<v Speaker 4>sort of feeled the band felt abandoned by ECHOS, which

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<v Speaker 4>is partly true. They've been battling Islamist insurgencies for over

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<v Speaker 4>a decade now, which were a little help from their

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<v Speaker 4>neighboring countries except for some regional forces participating in the

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<v Speaker 4>UN force. In Mali. There's also the sort of whole

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<v Speaker 4>independent struggle after the military coupse, they've been trying to

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<v Speaker 4>seek well their sovereignty from France and which is the

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<v Speaker 4>form of colonial power. Leaving ECHOAS has been a popular

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<v Speaker 4>move among their populations, which has often seen the Echo's

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<v Speaker 4>organization has sort of being too close to France and Europe.

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<v Speaker 4>It all started actually when Nigeria and other countries the

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<v Speaker 4>data EQUAS members tried to reverse a coup in Nicer

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<v Speaker 4>in twenty twenty three by threats and military intervention, and

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<v Speaker 4>this sort of sparked a movement from both Nice and

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<v Speaker 4>Mali and Bukina Faso who said that we're not going

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<v Speaker 4>to be part of this. That create sort of a

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<v Speaker 4>how to say, a non aggression pact and promising to

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<v Speaker 4>defend each other if there were have attack, like sort

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<v Speaker 4>of a mini NATO in West Africa, and that has

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<v Speaker 4>since involved into this alliance of sahaz states that are

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<v Speaker 4>looking at both you know, more regional integration economic corporation

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<v Speaker 4>also sort of pooling their resources together their own rich

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<v Speaker 4>and gold and uranium in other minerals.

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<v Speaker 2>How much weight would they carry in doing that, Karina,

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<v Speaker 2>I mean, would they be able? Do they carry enough

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<v Speaker 2>resources in order to break off and become this as

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<v Speaker 2>block separate from ecoas.

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<v Speaker 4>I mean, I think that depends on how much how

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<v Speaker 4>hard this split is. They obviously still depend on the

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<v Speaker 4>neighboring countries. All these three countries are landlocked, so they

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<v Speaker 4>rely on words in neighboring countries in Senegal, Iricos and Ghana,

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<v Speaker 4>so they still need to keep those connections up. Second

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<v Speaker 4>thing is, of course, again the movement of people. There's

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<v Speaker 4>like hundreds of thousands of members from the Malisa Hella

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<v Speaker 4>Nica living in the neighboring countries and vice versa. So

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<v Speaker 4>again they would they would still depend on the links

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<v Speaker 4>with neighboring countries so far. I mean, there's other bilateral

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<v Speaker 4>and multilateral agreements that regulate all the movements and stuff

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<v Speaker 4>between those countries. So if they managed to keep you know,

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<v Speaker 4>sort of tax exemptions, continue to keep the free movement

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<v Speaker 4>of people, you know, the split might not have to

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<v Speaker 4>have that hard impact on them or equesst Countries and Keterina.

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<v Speaker 2>We should note, of course, these three countries that would

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<v Speaker 2>make up the aes R Juntelad they have had coups

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<v Speaker 2>which I think you mentioned when we when we focus

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<v Speaker 2>on echos though, and there are attempts to try to

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<v Speaker 2>promote and protect democracy. How much legitimacy do they have

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<v Speaker 2>because I've read a bit about how their attempts to

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<v Speaker 2>engage with a lot of these coop leaders is sometimes criticized.

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<v Speaker 2>I mean, how would you say democracy stands in the

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<v Speaker 2>ecoas block?

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<v Speaker 4>The ability or the credibility of echo West Intervene has

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<v Speaker 4>definitely taken a hit since the coups in these countries

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<v Speaker 4>and also in Guinea and West Africa since twenty twenty.

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<v Speaker 4>So far their actions and interventions politically have not gone

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<v Speaker 4>far to solve any military coups. The juntor leaders are

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<v Speaker 4>still in place. In the past they have been able

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<v Speaker 4>to sort of at least negotiate a transfer back to

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<v Speaker 4>civilian rule, which we've seen in Mali and also in

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<v Speaker 4>Gabon in twenty seventeen when their leader, the president, who

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<v Speaker 4>was lost in elections, tried to stay on but obviously

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<v Speaker 4>so farming. But what's left now is really negotiations and

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<v Speaker 4>trying to limit the impact of an exit, and that

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<v Speaker 4>could maybe be done in these six months, hoping that

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<v Speaker 4>tensions between the ECHOS members and these three countries have

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<v Speaker 4>east a little since that failure to intervene military in

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<v Speaker 4>Niger about last year.

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<v Speaker 2>And stick with us, Katerina, We're going to take a

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<v Speaker 2>quick break, but when we come back, we're going to

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<v Speaker 2>talk about what these countries do plan to do instead.

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<v Speaker 2>You alluded to that a bit, and whether echoas in

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<v Speaker 2>its current form can survive separate from these countries. We'll

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<v Speaker 2>be right back. Welcome back today on the podcast, we're

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<v Speaker 2>talking about a breakup in West African unity. We have

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<v Speaker 2>Bloomberg's Katerina joyhe joining us Katerina. What's been interesting to

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<v Speaker 2>read is the reaction from Senegal's president, who has been

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<v Speaker 2>very active in at least trying to put forward that

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<v Speaker 2>he's trying to negotiate and move the discussions forward with

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<v Speaker 2>these countries that want to break off. Does that essentially

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<v Speaker 2>show that the echo AS members are a bit concerned

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<v Speaker 2>about what this could mean if they do remove themselves

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<v Speaker 2>from the block permanently.

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<v Speaker 4>So far, their actions have been very limited. Of course,

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<v Speaker 4>behind the scenes, the spin like you said, Senegal's president

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<v Speaker 4>Pasey or do my Fi negotiating alongside the Togu's president.

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<v Speaker 4>I mean they obviously picked these leaders because the scene

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<v Speaker 4>as pan Aficant presidents and five was elected just last

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<v Speaker 4>year and have since taken a stance speaking for more

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<v Speaker 4>sovereignty for both Senegal and for the region. So that

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<v Speaker 4>was at least a good choice, and these leaders have

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<v Speaker 4>been shuttling between the Malinis year and bukin a fas.

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<v Speaker 4>So so far the shuttle diplomacy has not really ritinalely

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<v Speaker 4>rendered anything anything concrete. But again, with this sort of

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<v Speaker 4>six months grace period for the countries, negotiations could hopefully

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<v Speaker 4>lead somewhere it's likely to convince the countries to come back,

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<v Speaker 4>but it's possible that it could, you know, sort of

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<v Speaker 4>limit the impact of an exit of Malinesia and Bikina

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<v Speaker 4>Faso and also possibly set the stage for, you know,

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<v Speaker 4>when tensions eases or when there's a change of power

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<v Speaker 4>in this country, that these countries could come back into

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<v Speaker 4>the regional bloc.

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<v Speaker 2>Last week, we were speaking with you and Simon about

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<v Speaker 2>the role of Russia in Africa, the evolving role of

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<v Speaker 2>Russia of course after the fallabasade in Syria. When we

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<v Speaker 2>talk about Russia and even China and maybe even potentially

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<v Speaker 2>France to a certain extent, I mean, do they play

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<v Speaker 2>any role in some of these negotiations, Could they help

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<v Speaker 2>ease tensions?

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<v Speaker 4>I mean, they don't play any indirect role into negotiations.

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<v Speaker 4>It's true that all these countries have moved closer to Russia,

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<v Speaker 4>and some of the Russian intervention, particularly you know, supporting

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<v Speaker 4>local sovereignty and also backing these SUNA leaders has obviously

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<v Speaker 4>given it a position where well, it's more likely to

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<v Speaker 4>be listened to than France, for example, which have lost

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<v Speaker 4>a lot of its cloud in these countries. China is

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<v Speaker 4>known for not really meddling in African politics. What it

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<v Speaker 4>could happen, I mean, the sort of the advantage for

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<v Speaker 4>for maybe a country like Russia if Malinisia and Mucina

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<v Speaker 4>fas I actually do exit, is that it would would

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<v Speaker 4>leave a bigger space for them to act in these

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<v Speaker 4>countries as other partners might much struggle to work with

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<v Speaker 4>the JUNA does. That's said, I think Russia is sort

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<v Speaker 4>of at its limits in West Africa at this point,

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<v Speaker 4>and the engagement they have in these countries is what

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<v Speaker 4>they're going to stick to. That said is clear that

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<v Speaker 4>again they've been backing the sovereignty product of the JUnit

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<v Speaker 4>does much more, much more forcefully than the than the

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<v Speaker 4>other other partners have.

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<v Speaker 2>So then if if negotiations do not yield a return

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<v Speaker 2>to civilian rule, do we see more of these Eco

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<v Speaker 2>West countries potentially going the way of these their junta

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<v Speaker 2>led countries or even feeling a bit less secure in

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<v Speaker 2>their own stability.

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<v Speaker 4>I think that's the that's the hope of the style

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<v Speaker 4>has stakes. You know, they've been been calling for the

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<v Speaker 4>other countries to join, especially no inviting invite di Senegal.

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<v Speaker 4>With the new leader in place, that has again taken

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<v Speaker 4>more Pan African stance, and it's also breaking a bit

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<v Speaker 4>with the with the Ald France AFREK relationship. I wouldn't

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<v Speaker 4>see any of the other countries. And if the coastal

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<v Speaker 4>countries to join, they benefit of often benefit more from

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<v Speaker 4>from being members of echoas than maybe Marl Nichier and

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<v Speaker 4>Bukina FASO has done. That are some of the poorest members.

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<v Speaker 4>They don't have access to the when the same same

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<v Speaker 4>funds as other countries have, So I don't I don't

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<v Speaker 4>think that's a risk right now for ECHO as of

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<v Speaker 4>course it's that has already lost so much leverage. I mean,

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<v Speaker 4>the struggle will really be to to sort of keep

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<v Speaker 4>the block together and some reforms will possibly be necessary

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<v Speaker 4>either to sort of get these countries back or to

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<v Speaker 4>to maintain it's It's important is in Newegian.

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<v Speaker 2>And you can read all of our coverage on West

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<v Speaker 2>Africa and all the regions across the continent on Bloomberg platforms.

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<v Speaker 2>Now here's a few other stories we've been following across

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<v Speaker 2>the region. This week, the Democratic Republic of Congo filed

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<v Speaker 2>lawsuits against Apple in France and Belgium, accusing the company

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<v Speaker 2>of using minerals pillaged from the Central African nation in

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<v Speaker 2>its products. The complaints allege that Apple uses minerals that

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<v Speaker 2>have been laundered through international supply chains. They also claim

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<v Speaker 2>that the firm has deployed deceptive commercial practices to assure

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<v Speaker 2>consumers that the tech giant supply chains are clean. In

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<v Speaker 2>a statement, Apple said it strongly disputes the claims and

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<v Speaker 2>Kenya plans to use IVF techniques to save the northern

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<v Speaker 2>white rhino, a species that has only two females remaining worldwide,

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<v Speaker 2>from the brink of extinction. It will involve developing embryos

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<v Speaker 2>in a laboratory and using so called stem cell associated

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<v Speaker 2>techniques with ancient material to help reproduce the rare mammals.

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<v Speaker 2>And you can follow all of these stories across Bloomberg,

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<v Speaker 2>including the Next African Newsletter. We'll put a link to

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<v Speaker 2>that in the show notes. This program was produced by

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<v Speaker 2>Adrian Bradley. Don't forget to follow and review this show

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<v Speaker 2>wherever you usually get your podcasts. I'm Jennifer's Abasaja. Thanks

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<v Speaker 2>for listening.