First Independent Mena Newspaper
Heads of State of the 15-member West African Community of African States (ECOWAS) have adopted a flexible currency regime after making considerable progress on plans for a single currency in the region. In a meeting held Saturday in the Nigerian capital Abuja, the bloc said it had made considerable progress on the single currency […]
West African finance ministers and central bank governors of the Economic Community of West African States agreed at a meeting in Côte d’Ivoire to speed up the creation of a single currency next year. “At a ministerial level, we’ve established a roadmap” for the establishment of a new currency in 2020, Ivorian Finance Minister Adama […]
The ECOWAS Bank for Investment and Development (EBID) and the Private Finance Advisory Network (PFAN) have signed a partnership agreement to promote renewable energy within the Economic Community of West African States (ECOWAS). According to the Lomé-based financial institution, the objective of the partnership is to encourage private investment in renewable energy production in the […]
The Economic Community of West African States (ECOWAS) is looking to hire two consultants – a renewable specialist and a power system planning expert – to help steer the set-up of a solar corridor in the region. Between April and June this year, the experts will produce a strategic plan on how to deliver the […]
The Economic Community of West African States (ECOWAS) has finalized its new Regional Master Plan for the Production and Transmission of Electric Power. The plan, which was presented by Secretary General of the West African Power Pool (WAPP), Siengui Appollinaire Ki, aims to increase power access and coverage across the West African region. The new […]
The government of Benin plans to electrify about 100 rural communities after securing $28 million loan from the ECOWAS investment and development bank (BIDC). The communities involved in the project will be connected to the national electricity grid through the establishment of high voltage transmission and distribution lines, the government said. The operation will cover […]
The Economic Community of West African States (ECOWAS) has approved $66 million for the development of energy infrastructure in Gambia. According to Gambian Minister of Energy and Oil, Fafa Sanyang, the grant aims to increase electricity access in pre-urban and rural areas covering localities within a 100 km radius of the Soma and Brikama OMVG […]
The African Development Bank and the Economic Community of West African States Commission (ECOWAS) have signed an agreement for a study into a highway linking Côte d’Ivoire’s commercial capital Abidjan, to Lagos in Nigeria, marking a new step in building regional integration and trade. The proposed Abidjan-Lagos Corridor Highway, a six-lane (3-lane dual) motorway, will […]
A survey shows that 75% of West Africa’s MPs support Morocco’s membership in the Economic Community of West African States. The survey conducted by French institutes, Opinions et Région and IPSE, shows that the majority of MPs considered Morocco’s membership as a factor that will strengthen the ECOWAs while the remaining 25% considered the move […]
Speaker of the Parliament of the Economic Community of West African States (ECOWAS), Moustapha Cissé, received in Morocco’s southern city of Dakhla the 2018 Crans Montana Foundation prize in recognition for his commitment to regional integration. The prize was awarded at a ceremony chaired by Crans Montana Honorary President and Founder Jean-Paul Carteron and attended […]