The 36th session of ECOWAS Heads of State and Government Summit, held in Abuja (Nigeria) on 22nd June 2009, endorsed the creation of a Fund for Development and Financing of ECOWAS Transport and Energy sectors (FODETE). The fund will be dedicated to financing the development of regional infrastructure in the Transport and Energy sectors and is expected to be fed from a levy on the key export resources (Agriculture, Oil & Gas, Natural Minerals etc.) within the region. The FODETE study was concluded in 2016 and demonstrated FODETE as a viable funding mechanism. Based on the consultants proposed l…

Read More