Togo to host first ECOWAS Investment Forum on April 4 and 5

Economic governance

Friday, 26 January 2024 18:49

Togo to host first ECOWAS Investment Forum on April 4 and 5

(Togo First) - Lomé will host the first ECOWAS Investment Forum (EIF) on April 4 and 5. The forum will be organized by the ECOWAS Bank for Investment and Development (EBID). Its theme is "Transforming ECOWAS communities in a challenging environment."

According to Ecofin Agency, the inauguration ceremony for the forum was held online on January 24. Key participants included the Togolese Minister of Economy, Sani Yaya, and the president of the EBID’s board of governors, Nialé Kaba. The upcoming forum is backed by Eximbank India.

The EIF will feature panel discussions, workshops, interactive sessions, and B2B meetings, and provide networking opportunities. It will also showcase various development models aimed at fostering family farming, strengthening food security, supporting SMEs, and investing in infrastructure.

The EBID currently seeks $1.48 billion for its 2021-2025 strategic plan, which aims to reduce investment deficit in the ECOWAS. The latter is estimated at $12 billion a year.

Ayi Renaud Dossavi

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