ECOWAS Archives - Wontumi Online

24 May

ECOWAS, ITC launches West Africa Competitiveness Observatory

Wontumi1BusinessECOWAS, ITC

Ho, May 22, GNA – Policymakers and businesses in West Africa now have an online tool to track their countries’ trade competitiveness and find new business opportunities in the sub-region, with the launch of the West African Competitiveness Observatory. The ECOWAS Commission and the International Trade Centre (ITC), with financial support of the European Union (EU), launched the online platform at a high-level event on Monday to ensure economic growth across West Africa, where more than half of intra-regional export potential- valued at $3.2 billion – remains untapped. According to ITC release shared with the Ghana News Agency, West Africa’s…

27 Feb

We’ll Keep Supporting ECOWAS, AU To Restore Democracy In Africa – Akufo-Addo

Wontumi1BusinessAU, ECOWAS, SONA

President Nana Addo Dankwa Akufo-Addo has reaffirmed his support for the Economic Community of West African States (ECOWAS) and the African Union (AU) in their efforts to restore democracy in Africa. In his State of the Nation Address (SONA) on February 27, 2024, he condemned the recent wave of military coups and interventions that have undermined democratic governance in some parts of the continent. “There is, indeed, Mr Speaker, a state of palpable anxiety and tension in every corner of West Africa, raising the spectre of regional instability, which we thought had been banished. Unconstitutional changes in Government in parts…

08 Feb

Burkina Faso, Niger, And Mali’s ECOWAS Exit Predicted To Impact Ghana’s Food Import Prices

Wontumi1BusinessECOWAS, Ghana's foof import prices

Experts are anticipating potential import inflation on food commodities in Ghana due to the withdrawal of Burkina Faso, Niger, and Mali from the ECOWAS bloc, according to a report by B&FT. Global Credit Rating (GCR), a subsidiary of Moody’s, suggests that the departure of these three countries from ECOWAS will lead to inflationary pressures in the domestic markets of these countries, influencing the prices of food commodities imported by neighboring nations like Ghana. The GCR predicts restricted movement of people and reduced trading across borders, fostering commodity hoarding and subsequent price hikes. The withdrawal is also expected to weaken economic…

05 Feb

Burkina Faso, Niger, Mali To Decide Fate Of Ghanaian Traders Following ECOWAS ‘Exit’

Wontumi1BusinessECOWAS

There’s a looming diplomatic row as Burkina Faso’s Military leader Ibrahim Traoré has disclosed that his country will consult Mali and Niger to take a final decision on whether to allow Ghanaian traders and other West African nationals to do business in their countries. He said a final determination would be made on the matter as consultation would first have to be made by leaders of Niger Mali and Burkina Faso. ”We remain pan-African. Anyone in Africa or an African who wants to come to Burkina, is welcomed. We will decide what measures to take in due course regarding traders…

02 Feb

Court Dismisses Case By Former ECOWAS Commission Employee

Wontumi1Newscourt, ECOWAS

The ECOWAS Court has dismissed a case filed by a former employee of the ECOWAS Commission on the ground that she filed her case beyond the time limit. Dorothy Etim filed suit ECW/CCJ/APP/44/21, alleging that the ECOWAS Commission and its President wrongfully dismissed her on 8 September 2015. She stated that the incident was based on an allegation that she produced forged documents to access ECOWAS education grant for the benefit of her four children. She told the Court that she was not invited by the Respondents to respond or react to the allegations of “fraud” and “forgery”. She added…

02 Feb

Burkina Faso, Mali And Niger’s Withdrawal From ECOWAS Will Affect Their Citizens – Akufo-Addo

Wontumi1NewsECOWAS, ECOWAS withdrawal

President Nana Addo Dankwa Akufo-Addo has described as unfortunate the decision by Burkina Faso, Mali and Niger to withdraw their membership from the Economic Community of West African States (ECOWAS). The three countries, currently under military rule, have announced their decision to withdraw from ECOWAS. Their argument is that ECOWAS has outlived its usefulness and does not support their cause. President Akufo-Addo, a former ECOWAS Chair said the decision would affect the people in those countries. He also indicated that they were yet to meet to ascertain the impacts of their withdrawal and the way forward. “This unfortunate decision by…

29 Jan

ECOWAS Yet To Receive Formal Withdrawal Notification By Mali, Burkina Faso And Niger

Wontumi1NewsECOWAS

The Economic Community of West African States (ECOWAS) says it has not yet received formal notification of withdrawal from Mali, Burkina Faso, and Niger, according to a statement released on Sunday in Abuja. ECOWAS, a political and economic union of 15 West African countries, responded to announcements on the national television stations of Mali and Niger regarding the decision to withdraw from the union. The ECOWAS Commission emphasized that it has not received direct formal notification from the three member states about their intention to leave the community. The statement reiterated ECOWAS's commitment to working towards the restoration of constitutional…

18 Dec

ECOWAS Roads Ministers Affirm Commitment …To Abidjan-Lagos Corridor Highway Development Project

Wontumi1NewsAbidjan-Lagos corridor highway, ECOWAS

ECOWAS Ministers in charge of Roads Infrastructure in the sub-region have expressed the unwavering commitment of their respective governments to the successful execution of the Abidjan-Lagos Corridor Highway Development Project. They underscored its significance as a flagship and top-priority regional initiative poised to make substantial contributions to the economic and social development of the region. The ministers also acknowledged the decision made by the Heads of State and Governments during the 63rd Summit in Bissau, Guinea Bissau on July 9, 2023, to designate Côte d'Ivoire as the headquarters for the corridor management authority (ALCOMA) and pledged their unreserved dedication to…

12 Oct

“Assist ECOWAS With Resources In Terror Fight, Like You Do For Ukraine” – Pres Akufo-Addo To UK, US, & EU

Wontumi1NewsECOWAS, EU, Ukraine

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has called on leaders of the global community to put into full effect the provisions of Chapters Seven and Eight of the UN Charter and provide proportionate support to Africa’s fight against terrorism and violent extremism. According to President Akufo-Addo, despite the considerable economic difficulties confronting ECOWAS Member States, eleven (11) Member States of the fifteen (15) Member States of ECOWAS, the four (4) military-led States having been suspended, have made clear their willingness to take the fight to the terrorists, if they were sufficiently empowered. “Comparisons, they say, are odious,…

30 Aug

Gabon coup: Tinubu condemns action, seeks consensus against spread of ‘contagious autocracy’

Evans ManassehNewsBola Tinubu, ECOWAS

President Bola Tinubu has reacted to the latest coup in Gabon, where President Ali Bongo has been outsted and placed under house arrest. Recall that some military personnel had hinged their plot to seize power from Bongo on what they termed as observed flaws in the recent general election in the central African country. The officers had also admitted that the organisation of the general elections of August 26, 2023, did not meet the conditions for a transparent, credible and inclusive ballot so much hoped for by the people of Gabon. They had also cited irresponsible and unpredictable governance, resulting…