ECOWAS records 3.3 % growth in 2019 as investments hit $20 billion

Advertisements

The Lagos-Abidjan Highway will become a reality; Adesina told regional leaders, as AfDB is providing $11.1 million to the ECOWAS Commission to develop the Master Plan for the highway corridor, with additional $13.5 million for feasibility studies to be completed next year. It expects construction to start in 2022.

Current initiatives include a $25 billion investment to turn Africa into a global powerhouse in food and agriculture. This includes financing special agro-industrial processing zones in northern Togo, Côte d’Ivoire, and Senegal.
  
During the one-day meeting, ECOWAS leaders deliberated on critical issues affecting the region, including the proposed ECO single currency regime for the sub-region and the Action Plan for Regional Security.Adesina summed up the Bank’s vision for ECOWAS: “An integrated monetary zone and financial markets; a free zone for trade, with free movement of people, capital, goods and services; an ECOWAS region whose new currency would be ECO; and the echoes of that will reverberate across the world.”



Advertisements

110 Comments

You must be logged in to leave comments.
  • Chukwuemeka George December 24, 2019 07:12:00 AM
    thanks for the update
  • Nsofor Celestine December 24, 2019 07:11:50 AM
    Nice update
  • Joshua Ayanfe December 24, 2019 07:10:05 AM
    ECOWAS Indeed
  • Chukwuma Atueyi December 24, 2019 07:04:39 AM
    Nice update
  • Stephen Agbaje December 24, 2019 07:04:32 AM
    Nice update
  • Michelle Ezinne December 24, 2019 07:03:25 AM
    Nice update
  • Gabriel Ogwuche December 24, 2019 07:03:06 AM
    Nice update
  • Abdulganiyu mustapha December 24, 2019 07:02:55 AM
    That's good
  • Jibrin Hannah December 24, 2019 07:01:29 AM
    Interested
  • Adam Mustapha December 24, 2019 07:01:10 AM
    Nice update
  • Uchenna Atueyi December 24, 2019 06:56:51 AM
    nice update
  • Jibrin Hassan December 24, 2019 06:55:46 AM
    Ecowas good job thanks
  • Anderson Chibuike December 24, 2019 06:53:56 AM
    A good one
  • Larry Damie December 24, 2019 06:51:46 AM
    Thanks for the latest news
  • ejiro ewenode December 24, 2019 06:50:39 AM
    Nice update
  • Faith Oderanti December 24, 2019 06:48:25 AM
    Nice update
  • Emmanuel Simon Jonathan December 24, 2019 06:46:15 AM
    Thanks for the update candynews
  • Sadiq Kutigi December 24, 2019 06:41:27 AM
    Nice update retrieve
  • Aliyu Dahiru December 24, 2019 06:41:09 AM
    Nice information.
  • Akinmola Oluwaseun December 24, 2019 06:37:58 AM
    nice update
Quick Login
Forgotten password?
Not registered? Create an account
Quick Search