3Implementation of the 2ATI-ECOWAS Investment Guarantee Mechanism formally launched in West Africa

The Economic Community of West African States (ECOWAS) moved a step closer to realising the establishment of an Investment Guarantee corporation for West Africa with the inaugural meeting of the Project Implementation Committee held in May. Late last year, the ECOWAS council of ministers passed a motion to shelve plans to create a new entity and instead, they agreed to work with the African Trade Insurance Agency (ATI) to create an ATI-ECOWAS institution in West Africa.

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