Africa
ECOWAS small business group proposes railway corridor for member states
ECOWAS small business group proposes railway corridor for member states
Micro, Small, and Medium Enterprises (MSMEs) in the ECOWAS region, under the ECOWAS Small Business Coalition (ESBC), have called for the establishment of a railway corridor linking all member countries, alongside the existing road network.
The proposal was made at the end of their inaugural exhibition and workshop, which took place from November 21 to November 23 in Abidjan, Ivory Coast.
According to the News Agency of Nigeria (NAN), the event, organized by the ESBC in partnership with the ECOWAS Commission and Ivory Coast’s Ministry of Commerce and Industry, brought together small business operators from across the region.
The coalition highlighted the challenges faced by SMEs in transporting goods and services within the ECOWAS subregion.
They emphasized the need for better communication and a clearer understanding of cross-border trade obligations, as well as improvements in the movement of goods and people.
While ECOWAS has confirmed the free movement of goods and people under existing protocols, it clarified that such movements still require compliance with formalities and customs duties.
Addressing transportation and trade barriers
NAN reports that during the workshop, members of the ESBC presented a range of proposals to address transportation challenges.
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They called for an end to cross-border harassment and corruption, which they attributed to the imposition of unnecessary taxes.
They also suggested that local Small Business Coalitions (SBCs) should be empowered to issue certificates of origin to entrepreneurs to streamline trade processes.
Additionally, the coalition proposed the establishment of online training platforms for SBCs to enhance their capacity to support SMEs.
Proposals for improving access to information and financing
- The coalition also noted the importance of access to information for the success of SMEs and urged them to take advantage of policies such as the African Continental Free Trade Area (AfCFTA) and ECOWAS frameworks.
- They called for greater awareness of these initiatives to help SMEs navigate trade barriers.
- Furthermore, reports inform that the coalition underscored the need for the harmonization of fiscal policies across the ECOWAS region and advised SMEs to choose suitable business models and consult advisory firms for better guidance.
Innovation and sustainable development for SMEs
- The coalition also discussed the need for greater innovation and sustainability in the region’s SMEs to enhance their competitiveness.
- They proposed training programs focused on certification, efficient technology transfer, and increased research to help businesses expand across borders.
- Despite the availability of financing mechanisms for SMEs, the coalition pointed out that many small businesses struggle to access these funds due to inadequate resources and poor absorption capacity.
- In response, they suggested focusing on promoting new business models suited to African realities and learning from the BRICS nations’ approach to economic development.
Future initiatives for strengthening SMEs
- ESBC proposed several initiatives to further support SMEs in the region.
- These included the creation of an ESBC television network to raise awareness, the establishment of a dedicated bank for SME financing, and the development of strategies to encourage a common currency within ECOWAS.
- They also called for the removal of customs and monetary barriers and the establishment of international shipping lines to improve logistics. To address the needs of landlocked countries, the coalition proposed facilitating better access to ports for these nations.
- The ESBC concluded that substantial work remains to be done to enhance the competitiveness and growth of SMEs in the ECOWAS region, particularly in the areas of innovation, financing, and cross-border trade facilitation.
ECOWAS small business group proposes railway corridor for member states
Africa
Niger’s president faces fire at home over attack on Nigeria
Niger’s president faces fire at home over attack on Nigeria
Niger’s President Abdourahmane Tchiani is facing a backlash of criticism from his fellow countrymen following his recent allegation of a conspiracy by Nigeria against his country.
Tchiani in a Christmas Day interview claimed, among other things, that Nigeria had provided a base for French soldiers near Lake Chad had established training camps for terrorists in Sokoto, Zamfara and Kebbi states, all aimed at destabilising Niger.
The Federal Government has dismissed the allegations as baseless, with National Security Adviser Nuhu Ribadu and Special Adviser to the President on Policy Communication, Daniel Bwala, being the latest government official to debunk the claims.
Many Nigerien citizens reacting on social media to Tchiani’s claims against Nigeria say there is no credibility whatsoever in the allegations.
Some of them are of the view that the Nigerien leader was only looking for an excuse to hang his failure in office on after 17months of ousting his predecessor, Mohamed Bazoum, in a palace coup.
One Nigerien critic even alleged that loyalists of the Niamey military regime are under instruction to spread falsehood that France in collaboration with Nigeria and other neighbouring countries plans to invade Niger.
A Nigerien commentator, Maidalili Namu, spoke of alleged frustration of the Tchiani regime to stabilise the country as they promised to do after deposing Bazoum.
Namu claimed on Muduba Mugani podcast that the country is being ruined by those he branded 16 generals.
“You have been in power for 17 months, confined to the villa and fed with false information that clouds your judgment,” PR Nigeria quoted Namu as saying of Tchiani in a video recording.
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Namu also accused the Nigerien strongman of fostering animosity both regionally and internationally, sowing seeds of discord with Niger’s neighbors and other nations.
He said: “When it was announced that you would address the nation at 8 pm on December 25, 2024, in Hausa, Zabarma and French, the prevailing rumour was that your speech would lack originality, filled only with the usual condemnation of France, ECOWAS, Nigeria and others as our adversaries.
“Some even wagered that they would give goats or cash if you didn’t mention France in your address.
“Nigeriens are fed up with your repetitive statements that yield no progress.
“What is most frustrating is that you vindicated their predictions. Some even began to tally how many times you mentioned France, Nigeria and ECOWAS, suggesting they are conspiring to destabilise Niger.
“You have accused numerous countries, both within and outside Africa, of undermining Niger, leading some to question your mental fitness for leadership.
“Your diplomatic failures are evident. You have insulted numerous leaders from various countries, implicating at least 20 nations in a conspiracy against Niger, many of whom we have no direct relations with.
“The real issues affecting Nigeriens—economic hardship, insecurity, unemployment, fuel scarcity and the rising cost of living—were overlooked.
“Instead, we heard the same old narrative of external threats and unfounded claims of terrorist camps supervised by the French.
“You asserted that camps have been established for training terrorists in Burkina Faso and Niger—concluding that by the end of 2024, at least 400 terrorists will be trained under French supervision.
“If you possess accurate information about these camps, why do you not coordinate efforts to dismantle them instead of using this information merely as a talking point?
“You must recognise that none of the leaders you’ve insulted have retaliated; you have disparaged leaders from countries like Tanzania, Mauritania, Chad and others. If your assertions hold any truth, how can we possibly survive more than 24 hours amidst the threats you mention?
Niger’s president faces fire at home over attack on Nigeria
THE NATION
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Africa
ECOWAS refutes claims linking Nigeria to terrorism sponsorship
ECOWAS refutes claims linking Nigeria to terrorism sponsorship
The Economic Community of West African States has expressed concern over allegations directed at Nigeria and other member states, accusing them of sponsoring terrorism.
The commission in a statement on Thursday rejected the claims, describing them as unfounded and contrary to Nigeria’s longstanding commitment to regional peace and security.
It highlighted Nigeria’s leadership in the Multinational Joint Task Force, which had achieved significant successes in combating terrorism and maintaining stability in the West African region.
It stressed that Nigeria’s contributions extended beyond the subregion, underscoring the country’s role as a pillar of peace on the African continent.
ECOWAS refuted any suggestion that Nigeria, known for its generosity and dedication to stability, could be linked to terrorism sponsorship.
The commission urged all states in the region to prioritize dialogue and cooperation, calling for an end to baseless accusations that could undermine unity and peace efforts.
“The commission stands firmly with Nigeria and other ECOWAS member states against allegations that they are sponsoring terrorism.
“For years, Nigeria has supported the peace and security of several countries not only in the West African subregion but also on the African continent.
“ECOWAS therefore refutes any suggestion that such a generous and magnanimous country would become a state-sponsor of terrorism.
“ECOWAS calls on all states in the region to promote dialogue and stability and refrain from making accusations that are not supported by any evidence,” the statement read.
ECOWAS refutes claims linking Nigeria to terrorism sponsorship
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