Moody’s has downgraded Mali's foreign and local currency long-term issuer ratings to Caa1 from B3, and changed its outlook to negative from stable. Aurelien Mali, Vice President and Sovereign Analyst at Moody’s joins CNBC Africa’s Wole Famurewa for this conversation.
What's next for Mali? The country's new military leaders and West African mediators wrap up days of talks without settling on how to return to civilian rule. According to negotiators, ousted President Ibrahim Boubacar Keita says he doesn't want to come back to power. And Amnesty International accuses the Nigerian government of turning its back on vulnerable communities being targetted by armed gangs. The rights group estimates that bandits killed more than 1000 villagers between January and July this year.
A ceasefire has been called in Libya, a move heralded by the UN, the EU and Egypt, which is raising hopes of an end to years of violence in the country. In Mali, thousands take to the streets in Bamako to show their support for the military that ousted former President Ibrahim Boubacar Keita. And a Nigerian filmmaker has decided to release her film online in a bid to avoid censors who may take issue with the lesbian love story.
Military coup leaders in Mali faced a barrage of condemnation on Wednesday from international powers, with the African Union suspending the country’s membership a day after mutinying soldiers detained President Ibrahim Boubacar Keita following months of protests against his rule.
In an exclusive interview with FRANCE 24, Mali's military junta says a transitional president will be put in place from either civil society or the military. And West Africa's regional bloc ECOWAS announces it will send a delegation to Mali in an effort to reverse a military coup that unseated President Ibrahim Boubacar Keita.