The World Bank discusses with ECOWAS the portfolio dedicated to regional integration in West Africa

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The President of the ECOWAS Commission, HE Dr. Omar Alieu Touray, received today, September 8, 2022 in Abuja, a delegation from the World Bank Group (WBG) carrying out a two-day mission with the aim of carrying out a review of the Bank’s support for regional integration in favor of ECOWAS and its Member States.

The delegation was led by Ms. Boutheina Guermazi, Director of Regional Integration for Africa, the Middle East and North Africa at the World Bank.

In welcoming the delegation, President Touray expressed his thanks to the Bank for the support provided to ECOWAS and its institutions, which amounts to 263 million US dollars, for 13 ongoing projects. He undertook to consolidate the rich and multifaceted partnership that exists between ECOWAS and the Bank, by agreeing, at the end of the two days of meetings, to set up a platform to contribute to improving the mechanisms coordination, as well as ways to identify new priorities for consideration and funding by the Bank.

As for the head of the World Bank delegation, Ms. Boutheina Guermazi, Director of Regional Integration for Africa, the Middle East and North Africa, she wished the new ECOWAS management team ” success in efforts to put ECOWAS and the region on the path to a peaceful and prosperous West Africa, in a spirit of collaborative partnership”. Ms. Guermazi underlined that ECOWAS occupies a prominent place in terms of development on the continent as it is probably the most important economic community in Africa.

Furthermore, she recalled that the World Bank has been a privileged partner of ECOWAS since its creation and that at present, its portfolio in the region amounts to 7 billion US dollars, for 32 projects. She promised to work to strengthen the collaboration, with commitments of more than $2 billion expected.

This meeting is scheduled to end tomorrow, September 9, 2022.

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