November 13, 2018

ECOWAS Ministers of Finance approve draft Supplementary Act on Community rules of origin and procedures

Group photograph of Finance ministers and other officials Abuja, 12th, November 2018. A Draft Supplementary Act on Community Rules of Origin and procedures applicable to products originating in the Economic Community of West African States (ECOWAS) has been approved by the Ministers of Finance from ECOWAS Member States. The final Report of their meeting which concluded on the 2nd of November 2018 in Abuja, Nigeria, stated that the draft supplementary Act was approved, subject to rephrasing its Article 26 to ensure that companies which already benefit from tariff preference under the old protocol do not lose it with the coming into force of the new text. Also approved is the draft Supplementary Act on Mutual Assistance and cooperation between customs administrations of ECOWAS member states and collaboration between them and ECOWAS Commission on customs matters. In addition to the draft regulation on the Change of Product Category in the ECOWAS Common External Tariff (CET), the Minist..
November 13, 2018

ECOWAS Commission concludes leadership training for line managers

Group photograph of participants 12th November 2018. The Commission of the Economic Community of West African States (ECOWAS) has concluded a leadership training programme for its line managers. The programme which is part of the strategic plan for the development of staff who hold supervisory roles in the Commission, is to ensure among others, that leadership at all levels, are aligned with the strategic objective of the regional community while working relationship is improved along the lines of global best practices. Bringing the series of training to a close at a certificate award ceremony, the ECOWAS Commission’s Commissioner for Human Resources Dr Jeremias Dias Furtado noted that in these days of training and retraining, it has been realized that organizations that own or develop leaders are sure to achieve more success in their exertions. Highlighting business leadership skill as one of the most important in today’s market, he said: “To lead means to direct people to a goal b..
November 12, 2018

Improving Africa’s Risk Profile Crucial To Realising Economic And Trade Growth Says Afreximbank

Casablanca, Morocco, 09 November 2018(CABNCTV)- Strong corporate governance and due diligence practices, coupled with the re-establishment of correspondent banking facilities, will ignite African trade and economic growth […]
November 12, 2018

Afreximbank, CDC Group Sign $100 Million Master Risk Participation Agreement

Casablanca, Morocco, 10 Nov. 2018: –  The African Export-Import Bank (Afreximbank) and CDC Group Plc. yesterday in Casablanca, Morocco, signed a $100-million master risk participation agreement to […]
November 12, 2018

Afreximbank Grants EUR 30 Million Facility to CDC Gabon to Support Operators at Special Economic Zone

Cairo, 12 Nov. 2018: –  The African Export-Import Bank (Afreximbank) today in Cairo signed an agreement granting an EUR 30 million revolving trade financing facility to Caisse […]
November 10, 2018

President Jean Claude Kassi Brou calls for increased Cooperation with the United States of America

R-L Tibor Nagy and President Brou Abuja, 9th November, 2018. The President of the Commission of the Economic Community of West African States (ECOWAS) Jean-Claude Kassi Brou has called for increased cooperation with the government of the United States of America in the bid to ensure political stability, peace, security and economic development in the West Africa. He made this call while receiving the Assistant Secretary of State for African Affairs Tibor Nagy and the US Ambassador to Nigeria, Stuart Symington during a courtesy visit at the Commission’s headquarters in Abuja, Nigeria on 9th November 2018. While highlighting the need for the US to sustain its global role and influence given its strategic importance to West Africa, President Brou briefed the US delegation about ECOWAS interventions in the political affairs of Member States such as the peaceful transition of power in the Gambia and its initiatives to ensure peace and security in countries such as Mali, Guinea Bissau, Lib..
November 8, 2018

NANT commends ECOWAS for its role in resolving trade dispute

Vice President Finda Koroma (m), Mrs. Halima Ahmed (L) and Mr. Tei Konzi(r) Abuja, 7th November, 2018.The Vice President of the Commission of the Economic Community of West African States (ECOWAS) Madam Finda Koroma urged a delegation from the National Association of Nigerian Traders (NANT) to have confidence in the Commission to handle disputes among Member States and Community citizens in line with ECOWAS protocols and utmost neutrality. Madam Koroma made this statement on 7th November 2018 in Abuja, Nigeria while receiving the President of the NANT, Ken Ukaoha, who led a delegation to thank and show appreciation to the Commission for the role it played in the re-opening of over four hundred shops and businesses belonging to Nigerians in Ghana. Mr. Ukaoha expressed his delight with the fact that after the association made its grievances known to the Commission, its Management moved swiftly to ensure that the shops and businesses were re-opened as a result of a meeting between the N..
November 5, 2018

Echoes of Oct. 2018

Echoes Vol 08 – English
November 2, 2018

ECOWAS Commission restates commitment to strengthening regional customs union and infrastructure upgrade

Group photograph of Finance ministers and other officials Abuja, 2nd November 2018. The President of the Commission of the Economic Community of West African States (ECOWAS) Jean-Claude Kassi Brou has restated the commitment of the Commission to strengthening regional Customs union and an infrastructural upgrade that can sustain the renewed integration efforts within the community. Declaring open the 4th meeting of the Ministers of Finance holding on the heels of the convergence of Directors-General of Customs Service of ECOWAS Member States in Abuja, Nigeria on the 2nd of November 2018, President Brou held that the main idea of establishing ECOWAS is to foster an economic union in order to raise the living standards of citizens while maintaining and enhancing the economic stability of the region. Speaking through the Commission’s Commissioner of Finance Mrs. Halima Ahmed, President Brou noted that the ECOWAS Authority of Heads of State and Government remains unshakeable and resolute..
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