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Tag: ECOWAS

News

ECOWAS court orders Nigeria to probe military-era share seizure

The ECOWAS Court of Justice sitting in Abuja has ordered the Federal Government of Nigeria to investigate the 1978 seizure of shares belonging to a 94-year-old Nigerian businessman, Mr Kolawole Koiki, in the New Nigeria Salt Company Limited by the former military government. The regional court also awarded Mr Koiki the sum of ₦5 million […]

Policy and Regulations

ECOWAS approves plan to cut West African airfare

The Economic Community of West African States has approved significant changes designed to decrease the high cost of flying within Nigeria and the wider West Africa region. This decision is expected to revolutionize the air transport sector. The ECOWAS Commission issued a statement yesterday announcing that the Heads of State and Government, meeting at their […]

Appointments

ECOWAS appoints Aliko Dangote as pioneer business council chair

The Economic Community of West African States has moved to deepen regional economic stability by partnering with leading private sector players, including Africa’s billionaire industrialist Aliko Dangote. The plan was unveiled on Wednesday by the President of the ECOWAS Commission, Omar Touray, at the 95th Ordinary Session of the ECOWAS Council of Ministers in Abuja. […]

featured Investment

ECOWAS secures €18m French funding for regional livestock projects

The Economic Community of West African States Commission has received €18 million in financial support from the French Development Agency to implement two flagship regional projects for the agricultural sector. These projects form part of the implementation of the Regional Agricultural Policy and the regional strategy for livestock development and securing pastoral systems in West […]

Business

FG urges S’East businesses to utilize ECOWAS trade scheme

The Federal government has urged the business community in the South East to avail themselves of the opportunity presented by the Economic Community of West African States Trade Liberalization Scheme to boost the international trade of their products. The ETLS is a trade instrument established in 1979 by ECOWAS as a cornerstone for regional integration, […]

Conferences

ECOWAS conference seeks to combat lassa fever outbreak

The Economic Community of West Africa Lassa Fever International Conference began Monday in Abidjan, Côte d’Ivoire. The four-day conference is organised by the West Africa Health Organisation. The theme of the conference is “Beyond borders: Strengthening Regional Cooperation to combat Lassa Fever and Emerging Infectious Diseases”. Building on the first Lassa International Conference held in […]

Tech

ECOWAS urges strong legal framework on AI usage in W’Africa

The Speaker of the ECOWAS Parliament, Hadja Ibrahima, has advocated for a robust legal framework to guide the development and deployment of Artificial Intelligence across West Africa. She made the call on Monday during a delocalised session of the Parliament’s Joint Committee on Education, Science, and Digital Innovation, held in Dakar, Senegal. The meeting, themed […]

Air cargo demand rises by 18.4% January - IATA
featured News

ECOWAS laments expensive airfares in West Africa

The Economic Community of West African States has raised alarm over the soaring cost of air travel within the region, describing it as the most expensive in the world and a major hindrance to regional integration. Speaking at the opening of a delocalised meeting of the ECOWAS Parliament’s Joint Committee in Lomé on Tuesday, ECOWAS […]

Mali, Burkina Faso, Niger impose 0.5% levy on ECOWAS imports
News

Mali, Burkina Faso, Niger impose 0.5% levy on ECOWAS imports

Mali, Burkina Faso, and Niger have implemented a 0.5% levy on imported goods from Economic Community of West African States member nations, including Nigeria. Effective immediately, the levy is intended to finance their newly formed three-state union following their collective withdrawal from ECOWAS. The three West African nations, all governed by military juntas that seized […]

ECOWAS intensifies efforts to launch single currency by 2027
News

ECOWAS intensifies efforts to launch single currency by 2027

The Economic Community of West African States has reaffirmed its commitment to introducing a single regional currency, the Eco, by 2027. This resolve was highlighted during the 11th ECOWAS Convergence Council meeting in Abuja, where financial leaders gathered to strategize on accelerating the currency’s launch to strengthen economic integration and financial stability across the region. […]

News

ECOWAS finalizes $75m renewable energy facility, targets $19b rice investment

The Economic Community of West African States has finalized a $75 million framework for its Renewable Energy and Energy Efficiency Facility, aiming to boost sustainable energy across the region. Additionally, the bloc has emphasized the need for improved storage, milling, and mechanization in paddy production, projecting a $19 billion investment requirement to achieve these goals. […]

News

ECOWAS launches $380m electrification initiative for Nigerian schools, others

The Economic Community of West African States Commission has unveiled a significant initiative to invest $380 million aimed at electrifying public schools and health centers across 18 countries, including Nigeria, Benin, and Chad. This ambitious project seeks to tackle the persistent electricity access challenges faced by over 208 million people in the region, with a […]

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