The president of the ECOWAS Bank for Investment and Development, George Agyekum Nana Donkor has lamented that millions of graduates from universities in Nigeria and other West African countries, have no jobs.
He said such development among others, constitutes a part of the economic challenges facing the region but seized the moment to call for urgent solutions by relevant stakeholders.
As disclosed by the bank in its X page on Saturday, Donkor raised the concern during the ECOWAS Investment Forum 2024 which took in Lomé, Togo between April 4 and 5, 2024.
At the maiden 2024 edition of the EIF tagged, “Transforming ECOWAS Communities in a Challenging Environment”, the president maintained that West African governments must step up by investing resources to drive future economy, explore agriculture and do away from unnecessary borrowing.
Donkor said,
Donkor highlighted that agricultural technology is one of the key areas the Bank would support member states to address regional challenges.
He said one cannot continue to do the normal farming we have been doing, adding ” our mandate is to add value such as storage, provisions of fertilizer and construction of roads.’
Donkor also encouraged public-private Partnerships (PPPs) as a way to addressing infrastructure deficits.