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Mali militia says it obtains U.S. military vehicle from Niger raid

15 March 2018 Comments (0) Actualites, Africa, Military, Politics

DAKAR/WASHINGTON (Reuters) – A Malian militia said on Wednesday it had obtained a sport utility vehicle abandoned by U.S. special forces in neighboring Niger during a deadly ambush last October, and offered to return it to the United States.

Four U.S. special forces members and at least four Nigerien soldiers were killed in the raid in the western Niger village of Tongo Tongo by dozens of militants armed with machine guns and rocket-propelled grenades. Islamic State’s West Africa affiliate claimed responsibility.

The ambush marked the first U.S. combat casualties in Niger. It sparked an international debate about America’s covert role tracking Islamist insurgents in the arid and thinly-populated Sahel region, south of the Sahara desert.

It also prompted discussion within the United States about the military tactics being used in remote battlefields. After the incident, President Donald Trump clashed publicly with a congresswoman who accused him of speaking insensitively to the pregnant widow of one of the American soldiers who was killed.

Colonel Mark Cheadle, a spokesman for the U.S. military’s Africa Command, said it was investigating the statement made by MSA-GATIA, a Tuareg militia group in northern Mali, but that it could not confirm its claim to have found the vehicle.

In the statement, which was accompanied by a photo of a beat-up blue Toyota Landcruiser and two military-style rifles, MSA-GATIA said it captured the material from unidentified “armed bandits” on the Mali side of the border with Niger in fighting on March 11 and 12.

“The MSA-GATIA coalition proposes returning this material to American authorities by legal channels,” the statement said.

The militia, composed mainly of ethnic Tuaregs, has frequently clashed with jihadist groups whose influence is on the rise in northern and central Mali.

The jihadists have used Mali as a springboard for attacks into neighboring Niger and Burkina Faso, including coordinated raids on the military headquarters and French embassy in the Burkina Faso capital Ouagadougou earlier this month that killed eight people.

Those attacks have alarmed U.S. officials, who fear that the Sahel could become a new haven for Islamist militants and have deployed hundreds of American troops to train local forces and gather intelligence.

 

(Reporting By Aaron Ross and Phillip Stewart; Editing by Edward McAllister and Peter Graff)

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U.S. to press Nigeria on foreign exchange rate flexibility

29 March 2016 Comments (0) Africa, Business, Latest Updates from Reuters

WASHINGTON (Reuters) – The United States said on Monday it would press Nigeria in talks this week to adopt a more flexible foreign exchange rate to boost growth and investment in Africa’s largest economy.

U.S. Assistant Secretary of State for Africa, Linda Thomas-Greenfield, told an audience at the U.S. Institute of Peace that Nigeria should ensure that the value of the naira currency versus the U.S. dollar was “more realistic.”

“While most people complain about the possibility of there being a devaluation, people are already operating on a devalued currency, and the only people who are not, are people who are doing it officially,” Thomas-Greenfield said.

“Our recommendation is, and we will have discussions about it … that they should look at the exchange rate and try to make the exchange rate more realistic to what the value of the naira is to the dollar,” she added.

She spoke before talks in Washington to be launched by Secretary of State John Kerry on Wednesday and which will focus on Nigeria’s economy, security and development.

Nigeria faces its worst economic crisis in decades as the falling price of oil has slashed revenues, prompting the central bank to peg the currency and introduce curbs to protect foreign exchange reserves, which have fallen to an 11-year low.

Some members of Nigeria’s central bank monetary policy committee have said the naira should be devalued.

Thomas-Greenfield said the parallel currency market in Nigeria was “alive and well,” warning that a rigid exchange rate, capital controls and import bans could undermine President Muhammadu Buhari’s efforts to expand economic growth and fight corruption. Buhari has rejected the idea of devaluing the naira.

“Capital controls that limit access to foreign exchange rewards insiders and undermines the stated goals of Nigeria to increase domestic production because both Nigerian and expat investors alike tell us many businesses are unable to obtain the capital to purchase badly needed intermediate goods,” she said.

The naira trades some 40 percent below the official rate on the black market versus the dollar. The central bank last year pegged the exchange rate to curb speculative demand for the dollar and conserve foreign exchange reserves after it restricted access to hard currency for imports of certain items, frustrating businesses.

The International Monetary Fund called on Nigeria to lift the curbs and let the naira reflect market forces more closely, as the restrictions have significantly affected the private sector.

 

 

(Reporting by Lesley Wroughton; Editing by Tom Brown and Peter Cooney)

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