Brussels, Belgium – The Economic Community of West African States (ECOWAS) and the European Union have entered into seven agreements with a total value of €212.5 million.
According to a news release by the Africa News Agency, the investment is in alignment with the EU’s Global Gateway strategy.
Agriculture in West Africa is set to benefit from an €80 million investment, while €61.5 million will be allocated to promote sustainable intra-African trade and bolster Africa-EU trade relations. A further €71 million is earmarked for the energy and migration sectors.