top of page
  • Writer's pictureNana yaw Dynamic

Fate of Ghanaian traders hangs in the balance as Burkina Faso, Niger, Mali consider closing borders to ECOWAS members after exit

A potential diplomatic pressure is not too far off as Burkina Faso's military leader, Ibrahim Traoré, has uncovered that his nation will take part in discussions with Mali and Niger prior to settling on a last choice on whether to allow Ghanaian dealers and other West African nationals to lead business in their nations.

The military leader expressed that a convincing choice would be arrived at after leaders from Niger, Mali, and Burkina Faso take part in meetings regarding this situation.

"We remain pan-African. Anybody in Africa or an African who needs to come to Burkina is invited. He stated, "We will decide in due course what measures to take regarding traders coming from Ghana, Nigeria, and other West African countries."

The three countries, Mali, Burkina Faso, and Niger, authoritatively announced last week their choice to leave the sub-local ECOWAS exchanging coalition.

The Ghana Union of Traders Association (GUTA) has communicated worries about possible interruptions to its production network inside West Africa following the new declaration.

As per the Leader of the Association, Dr. Joseph Obeng, the flight of these nations could make more obstacles in carrying on with work.

"It will most likely have an effect, and we don't have the foggiest idea what it will mean for the free progression of traffic and people. The prior we attempt to track down an answer for this better," he said.

On his part, President Akufo-Addo has communicated lament over the awful choice made by Mali, Niger, and Burkina Faso to pull out their enrollment from ECOWAS.

As the previous ECOWAS Seat, President Akufo-Addo noticed that this choice would have repercussions for the residents of these countries.

He referenced that conversations were forthcoming to evaluate the results of their withdrawal and decide the subsequent stages forward.

In 2021, Burkina Faso traded $50.3M to Ghana. The principal items that Burkina Faso sent out to Ghana are Other Slick Seeds ($21.2M), Other Unadulterated Vegetable Oils ($5.95M), and Coconuts, Brazil Nuts, and Cashews ($5.41M). During the most recent 26 years, the commodities of Burkina Faso to Ghana have expanded at an annualized pace of 10.3%, from $3.95M in 1995 to $50.3M in 2021.


AG RADIOListen Live
bottom of page