RESIGNATION OF MALI’S PRESIDENT NDAW SIGNALS POLITICAL INSTABILITY HURTING DEVELOPMENT

Mali’s interim president and prime minister resigned on Wednesday, two days after they were arrested by the military, an aide to the vice president said, deepening a political crisis and potentially setting up a standoff with international powers.

President Bah Ndaw and Prime Minister Moctar Ouane were taken to a military base outside the capital on Monday after a Cabinet reshuffle in which two officers lost their posts. Read more via Reuters

Political stability is an essential element that spurs foreign direct investment for infrastructure development. Which ensures Mali’s social and economic well being.

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