Mali coup leader backs transition president

MALI’S caretaker president Dioncounda Traore will have his mandate extended beyond a 40-day period expiring Monday after the soldier who led Mali’s March 22 coup agreed to drop his objections to the move.The accord between Captain Amadou Sanogo and mediators from the ECOWAS bloc of West African states keeps Mali’s fragile transition to civilian rule on track and could open the way for the arrival of peacekeeping troops from neighbouring countries.“I can tell you that a deal has been reached in principle,” Sanogo told state television late on Saturday.“Of course we have a certain number of accompanying measures to put in place and we will remain in (the capital) Bamako the time it takes to ensure that, after these discussions, the institutions of state are stabilised,” he added.Sanogo handed over power to Traore last month as part of an earlier accord with ECOWAS that granted him the right to help shape the transition - a power he has wielded despite ECOWAS warnings of travel bans and asset freezes on him and his allies.The agreement to extend Traore’s mandate had been announced on Saturday by Burkina Faso Foreign Minister Djibril Bassole at a news briefing with Sanogo - who remained silent throughout.Sanogo seized power in March in protest at the government’s failure to end a Tuareg-led rebellion in the north, but the coup backfired and triggered an advance by rebels, some with links to al Qaeda, who now control two-thirds of the country.The twin crises have raised fears among neighbouring countries and in the West of the emergence of a new rogue state on the continent, as well as about Mali’s economy, notably causing disruptions in its gold sector, Africa’s third largest.