The signing of the Grant Retrocession Agreement between ECOWAS and AfDB and the contracts for the feasibility, environmental, socio-economic and detailed engineering designs was done in the ECOWAS Commission in Abuja. ECOWAS Commission President, Jean-Claude Brou, said that the signing was in recognition of the decision of the Presidents of Nigeria, Ghana, Cote d’Ivoire, Togo and Benin in 2014 on the construction of the highway. The Senior Director, AfDB, Mr Ebrima Faal, said West Africa needed deeper market integration to promote industrialisation for the economic development of the region. Faal reiterated that the total intra-regional trade stood at 15 per cent, adding that the project would facilitate trade within the region. Cornelis said the project would strengthen the competitiveness of the territories, stimulate investments, encourage regional integration for development growth and job creation.”
Source: The Guardian February 04, 2019 15:00 UTC