Togo : ECOWAS Investment Forum, strengthening bonds and boosting development in west Africa

The first edition of the ECOWAS Investment Forum was inaugurated on Thursday, April 4th, in Lomé, in the presence of Victoire Tomegah-Dogbé, Prime Minister of Togo. In opening the proceedings of this inaugural forum, the Togolese Prime Minister emphasized Togo’s commitment to fostering cooperation rather than isolation, both politically and financially.

This meeting, held under the theme « Transforming ECOWAS Communities in a Challenging Environment », brings together more than 400 key stakeholders in development, investment, and governance in West Africa. Discussions at this major event will continue until April 5th, 2024.

The Prime Minister of Togo advocated for increased investment in sectors such as energy, digital technology, and economic infrastructure, which remain major challenges for countries in the region. She also called on the private sector to engage in these areas.

Furthermore, Victoire Tomegah-Dogbé urged the ECOWAS Investment and Development Bank to review its practices to better support both public and private actors in real economic development.

The ECOWAS Investment Forum is designed as a strategic platform bringing together key development actors to promote investment opportunities in priority sectors of member states.

Its objective is to raise awareness of the significant investment potential in the region, facilitate partnerships among stakeholders, and provide a space for discussion on crucial issues such as food security, infrastructure development, and combating climate change.

The Prime Minister welcomed this initiative as a new dynamic, promising that this inaugural forum will be a platform for dialogue and action for the advancement of the region.

Sandra AMUZU