First ECOWAS Investment Forum : boosting economic development in West Africa

The ECOWAS Investment and Development Bank (BIDC) announces the holding of the first ECOWAS Investment Forum (EIF) on April 4th and 5th, 2024, in Lomé, Togo. This major event is part of a firm commitment to promote public-private partnerships as drivers of economic development in the Economic Community of West African States (ECOWAS) region.

In partnership with the governments of Togo and India, through the India Exim Bank, this forum aims to highlight the transformation potential of public-private partnerships to boost economic growth and improve living conditions for communities within the ECOWAS. At a press conference at the BIDC headquarters, this initiative was presented as a strategic response to stimulate shared prosperity and eradicate poverty in the sub-region.

The general theme of this event, « Transforming ECOWAS Communities in a Challenging Environment, » underscores the intention to provide a strategic platform for development actors and stakeholders operating in the region. The goal is to promote investment opportunities in key sectors of ECOWAS member states, with a particular focus on creating shared prosperity and reducing poverty.

EIF 2024 will showcase the investment potential of West Africa

« EIF 2024 will showcase the investment potential of West Africa, » according to the organizers. It will present a range of projects and development programs from both the private and public sectors. It will also facilitate relevant investment partnerships and exchanges, with a particular focus on infrastructure and agriculture sectors.

BIDC President Georges Donkor emphasizes the importance of this forum in creating partnership opportunities in essential areas such as infrastructure and agriculture. He stresses the need to mobilize all stakeholders to stimulate inclusive and sustainable economic growth in the region.

Discussions at EIF 2024 will focus on strategies to improve the investment climate in the region, create opportunities for inclusive and sustainable economic growth, and enhance resilience to global shocks and threats. Togo’s Minister of Economy and Finance, Sani Yaya, expressed his government’s commitment to maximizing the impact of this event for the benefit of the region.

This forum aims to raise awareness of the strong investment potential in the ECOWAS region, facilitate investment partnerships among key actors operating within the ECOWAS, and provide a platform for discussion on key issues such as food security, infrastructure development, climate change, and job creation. It also aims to promote inclusive and sustainable economic growth, improve human capital, strengthen resilience to global shocks and threats, and connect investors and developers to promote economic development in the region.

For more information : https://bidc-ebid.org/eif/