Abuja, June 21, 2025—Leaders from across the West African region gathered in Abuja today for the 2025 West Africa Economic Summit, underscoring a unified commitment to driving economic integration and sustainable growth. Notably, President Bola Tinubu joined his counterparts from ECOWAS member states to chart a collective roadmap for the continent’s prosperity.
Summit Highlights & Strategic Outcomes
AfCFTA Trade Expansion
Keynote speakers lauded the African Continental Free Trade Area (AfCFTA) framework, forecasting a 30% increase in intra‑ECOWAS exports over the next five years through tariff reduction and streamlined trade facilitation.
$10 Billion Connectivity Fund
Delegates approved the launch of the West Africa Connectivity Fund, targeting roads, railways, and digital infrastructure upgrades to bridge transport gaps and spur cross‑border commerce.
Agribusiness & Fintech Innovation
A dedicated session showcased fintech platforms that have already reduced smallholder lending rates by 40%, ensuring farmers gain affordable access to capital and boosting regional food security.
500 MW Sahel Solar Initiative
Renewable energy experts unveiled plans for a 500 MW solar grid spanning the Sahel belt, advancing the region toward its renewable targets and reducing dependence on fossil fuels.
Green Growth Pact
Summit participants endorsed a “Green Growth Pact”, committing to carbon‑neutral industrial zones and sustainable mining practices. A new cross‑ministerial task force will harmonize customs procedures, aiming to cut border delays by 20%.
Youth Innovation Challenge
As a lasting legacy, leaders announced an annual Innovation Challenge to seed startups in health, education, and climate resilience—empowering West Africa’s emerging entrepreneurs and cementing the region’s competitive edge on the global stage.
