(CABNC)– The African Export-Import Bank (Afreximbank) has released its unedited financial statements for the half-year period ended 30 June 2018,showing gross revenue of $343 million. The figure represents a $21 million increase over the […]
(CABNC)-Rtd. Justice Ambassador. Sylvanus Adiewere Nsofor, Nigerian Ambassador to the United States of America warmly welcomed group of Nigerian-American group of professionals and committees at his […]
Participants during the Technical Working Group meeting Abuja, 16th August 2018. A Technical Working Group (TWG) comprising of focal points from Directorates of the Commission of the Economic Community of West African States (ECOWAS) recommended that regional and national strategies be developed in order to optimize the African Growth and Opportunity Act (AGOA) with the aim of boosting the economy of the region through trade.
In his remarks during the TWG meeting on 16th August 2018 in Abuja, Nigeria, the representative of the ECOWAS Commissions’ Directorate of Trade, Mr. Kola Sofola stated that the TWG has been convened in order to deliberate on strategies to improve trade, investment and economic cooperation between ECOWAS and the United States of America (U.S.A).
Mr. Sofola highlighted the need for ECOWAS to take into consideration ways of implementing the AGOA and the ECOWAS-U.S Trade and Investment Framework Agreement (TIFA).
‘The AGOA is a non-reciprocal trade preference progr..
Commissioner Sediko Douka, (R) right, and the Chair of the National Experts, Mustapha Bature Aminu, (Nigeria) August 14th 2018. National mining experts are examining the draft Economic Community of West African States (ECOWAS) model mining and minerals development Act of with a view of validating its texts.
To this end, a three-Day Workshop began in Abuja, Nigeria on the 14th of August 2018 to create a harmonious and regulated environment for the overall sustainability of the mining sector in the region, among others.
In his opening statement, the ECOWAS Commission’s Commissioner for Energy and Mines Mr. Sediko Douka noted that the Workshop “initiates the formal statutory process for the adoption of a Community Act on mining and mineral development”.
He charged the experts to carefully consider amendments both in substance and form to the entire draft mining document as presented and build consensus on the articles contained in the texts.
Commissioner Douka stressed that in the exe..
l-r_ Mr. Ashigye Willie John, Dieng Abdourahmane Abuja, August 13th 2018. Governmental experts of Member States have urged the Commission of the Economic Community of West African States (ECOWAS) to establish a monitoring and support mechanism for Security Sector Reform and Governance (SSRG).
The experts, after their two-day meeting in Abuja, Nigeria which ended on the 8th of August 2018, validated the SSRG Action Plan and made a body of recommendations with a view of improving National Ownership and Implementation of SSRG in Member States.
Other key recommendations bordered on the need for ECOWAS to sensitize political decision makers in Member States in order to address and strengthen political will, national commitment and national responsibility for SSRG.
Besides, the experts maintained that to promote a culture of SSRG consolidation, platforms for experience sharing, learning and coordination on SSRG should be institutionalized, including making the Governmental Experts Meeting..
Dosso (Niger), 7 August 2018. The Economic Community of West African States (ECOWAS), through its Regional Food Security Reserve donated 6,528 tons of grains to Niger authorities for the people affected by food crisis.
The presentation of food items including 3,028 tons of maize, 3,000 tons of millet and 500 tons of sorghum, took place on Tuesday, 7 August 2018, in the locality of Dosso, 135 km from Niamey, Niger.
The food items are stored in various warehouses of the Office of Niger Food Product (OPVN) located in Dosso (2,000 tons), Birnin Konni (1,028 tons), Maradi (2,000 tons) and Zinder (1,500 tons)
OPVN has monitored the quality of these food items since the stocks arrived in its warehouses in 2017. The food items donated to Niger is safe for consumption.
Receiving the food items on behalf of the Niger government, the Chief of Staff to the Prime Minister of Niger, Adamou Souley Hamadou, expressed his gratitude to the President of the ECOWAS Commission, Jean-Claude Kassi Brou, ..
A group picture of the participants Abuja, 11th August 2018 . Sectorial experts from Member States of the Economic Community of West African States (ECOWAS) have called for the development of national policies for the popularization of Liquefied Petroleum Gas (LPG) which will increase the access to modern energy such as electrical services and modern cooking fuels in the region.
In a two-day validation workshop of the regional strategy for the popularization of LPG in ECOWAS which ended on 10th August 2018 in Abuja, Nigeria, the experts called for a minimum target penetration rate of 30% by 2030 with emphasis being placed on rural communities’ access to LPG.
The experts noted that access to LPG in the ECOWAS region remains limited with Ghana, Cote d’Ivoire, Nigeria and Senegal accounting for 85% of the total 1.2 million tons of LPG being consumed amongst Member States.
They also noted that the consumption rate of LPG in rural areas stood at approximately 15% due to the accessibility..