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

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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.”



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110 Comments

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  • Arah wisdom December 24, 2019 07:59:17 AM
    nice update
  • Fortune Ndubuisi December 24, 2019 07:59:00 AM
    Good one, ECOWAS
  • Ifeanyi Nwokoye December 24, 2019 07:58:46 AM
    I love candy news
  • Abasifreke Ubonabasi December 24, 2019 07:53:12 AM
    Leave a commentoo
  • Dennis Benedict December 24, 2019 07:50:13 AM
    Thanks for the update ks for the update
  • Shinra tensei December 24, 2019 07:47:21 AM
    update retrieved
  • Umar Farouk December 24, 2019 07:44:02 AM
    Thank you for the news
  • Edeh Augustine December 24, 2019 07:43:07 AM
    Nice and interesting
  • Ayomide Samuel Aina December 24, 2019 07:40:27 AM
    Wow nice update
  • Agu Chinonso December 24, 2019 07:38:44 AM
    nice update
  • Ekuma Daniel December 24, 2019 07:38:32 AM
    Nice update
  • John Kings December 24, 2019 07:32:41 AM
    That's good and interesting update
  • Emmanuel Bifugha December 24, 2019 07:23:21 AM
    Interesting
  • Samson Gimba December 24, 2019 07:22:23 AM
    Thanks for the info
  • Esibere Michael December 24, 2019 07:22:22 AM
    Thanks for the information
  • Bright Lawrence December 24, 2019 07:19:52 AM
    nice update
  • Sandra Oghenekome December 24, 2019 07:19:41 AM
    Nice update
  • Christian Iyke December 24, 2019 07:15:24 AM
    Nice update
  • Victor Joe December 24, 2019 07:14:52 AM
    Good information
  • Agboighale Daniel December 24, 2019 07:13:08 AM
    Thanks for the update
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