Saturday, November 7, 2026

ECOWAS boosts MSMEs for regional growth

Ms Toure-Litse urged member states to collaborate in shaping actionable strategies for integration, competitiveness, and innovation.

• March 11, 2025
ECOWAS officials in Cape Verde
ECOWAS officials in Cape Verde

The Economic Community of West African States has reaffirmed its commitment to empowering micro, small, and medium-sized enterprises as key drivers of regional economic growth and development.

Massandjé Toure-Litse, ECOWAS’ commissioner for economic affairs and agriculture, stated this during a meeting of the ECOWAS Small-Scale Business Coalition in Praia, Cape Verde, on Monday.

Ms Toure-Litse urged member states to collaborate in shaping actionable strategies for integration, competitiveness, and innovation.

She also encouraged them to harness the African Continental Free Trade Area to boost industrialisation, strengthen trade frameworks, and attract investments that turn challenges into opportunities.

According to her, the coalition is a beacon of hope and well-positioned to create jobs, empower women and youth, and enhance economic cooperation among member states.

Ms Toure-Litse described the formation of ESBC as a milestone that underscores the coalition’s determination to drive economic growth, innovation, and empowerment across the subregion.

She noted that ESBC had established a thriving ecosystem that supports businesses and communities, highlighting the coalition’s progress and inspiring achievements.

Abdulrashid Yerima, ESBC president, said the event’s theme was not just a slogan but a clarion call to action for economic transformation.

He said AfCFTA and the ECOWAS Trade Liberalisation Scheme were gateways to unlocking opportunities for millions of women-led businesses.

Mr Yerima stressed that investing in women’s access to finance, digital tools, and cross-border markets is essential for fostering sustainable growth that benefits entire communities.

He described the event as a tribute to the resilience of women in West Africa and beyond, whose leadership and innovation are shaping a future of shared prosperity.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Ebola patients

Health

Deaths from Ebola rise to 5,198 in DR Congo

The WHO said in a statement on Saturday that the figure recorded was as of November 3, representing a case fatality ratio of 48.7 per cent.

WHO

Health

WHO urges Nigeria to make health services accessible to all

WHO said that health programmes often fail to identify people who are left out of services.

Super Eagles

Sport

AFCON 2027 Qualifier: Chelle releases 24-man Super Eagles list for double-header against Tanzania

Nigeria will host the Taifa Stars at the Godswill Akpabio Stadium in Uyo on November 13.

President Bola Tinubu and Atiku Abubakar

NationWide

Tinubu accuses Atiku of using public funds to build university

Mr Abubakar was yet to respond to the allegation as of the time of filing this report.

Kaduna State University (KASU)

Education

Court restrains KASU unions from embarking on strike

The court also ordered the unions to cease and desist from giving effect to any strike action pending the hearing.

Abdulaziz Yari

Hot news Home top

Tinubu’s campaign DG says only lazy Nigerians are crying of hunger

However, Mr Tinubu has admitted that economic hardships in the country are a necessary sacrifice for a better future.