Unified Currency Eludes ECOWAS Nations: West Africa Tackles Economic Downturn – Rodney D. Sieh
Accra, Ghana –
Mo Ibrahim, the Sudanese-born magnate once said: “Many African States are too small to continue to exist independently. The idea that 53 small African countries thought they could compete with China. India, Europe, and the USA was a ‘fallacy’. Africa “needs scale” to compete with the big economic players. We need scale and we need that now, not tomorrow, the next year or the year after.”
Mr. Freddie Taylor, President Liberian Chamber of Commerce at Tuesday’s ECOWAS business chamber meeting.
Ibrahim’s concept is one of the basis for a three-day workshop on the Popularization of the Federation of the West Africa Chambers of Commerce and Industry aimed at creating awareness among member countries about the problems, challenges and opportunities offered by intra-ECOWAS trade in goods and services. Continue reading “Unified Currency Eludes ECOWAS Nations: West Africa Tackles Economic Downturn – Rodney D. Sieh”