The Economic Community of West African States (ECOWAS) has named Alhaji Aliko Dangote, the Nigerian billionaire and head of Dangote Group, as the first chairman of the ECOWAS Business Council (EBC). The announcement was made by ECOWAS President Dr. Omar Touray during the 95th Ordinary Session of the ECOWAS Council of Ministers in Abuja on Wednesday.
CLICK THE LINK TO READ FULL LIST
- Advertisement -
The EBC is an independent body created by ECOWAS to support private sector growth, encourage trade within the region, attract investments, and promote economic integration among West African countries. It aims to create a platform where business leaders and policymakers can engage in discussions on regional development and investment opportunities.
Related News
Sponsored Ads
Dangote’s appointment reflects his extensive business experience both within West Africa and across Africa. ECOWAS sees his leadership as a way to inspire local businesses to play a more active role in regional development instead of relying solely on foreign investments.
- Advertisement -
The council is expected to bring together private sector actors, government agencies, and ECOWAS institutions to foster partnerships, facilitate dialogue, and explore ways to strengthen economic ties among member states. This initiative comes as intra-regional investment in West Africa has been growing, with forums like the West African Economic Summit in Nigeria, Invest in District Savanes in Côte d’Ivoire, and Forum Senegal Invest in Senegal taking place this year.
Through the EBC, ECOWAS hopes to support the region’s private sector in taking the lead in shaping economic growth and creating opportunities for businesses across the sub-region.
Comments are closed.