LAGOS – The Economic Community of West African States (ECOWAS) is on the brink of launching a dedicated fund for the energy and transport sectors by the end of 2024.
The initiative is aimed at bridging a financing gap exceeding $12 billion annually in infrastructure within the integration space. Regional authorities plan to use this fund, housed at the ECOWAS Bank for Investment and Development (EBID), as a financial lever to fill the infrastructure deficit in the energy and transport sectors.
