ECOWAS, Spain sign 1.4m euros MoU to support economy development projects in West Africa

By Cynthia Ezekwe

The Economic Community of West African States(ECOWAS), and  the Spanish Agency for International Development Cooperation of Spain has signed a Memorandum of Understanding(MoU) worth one million, four hundred and ninety-six thousand euros to support  ECOWAS Centre for Gender Development (ECDG), the ECOWAS Agency for Agriculture and Food (RAAF) and the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) .

The MoU was signed by Omar Alieu Touray,the president of ECOWAS commission,alongside the Spanish Agency for International Development Cooperation recently in  Abuja.

According to the MOU, Spanish Cooperation will make a voluntary contribution in 2022 directly of 1,498,000 euros to the ECOWAS specialized agencies through the ECOWAS Commission including:

A line of 500,000 euros which will go to the RAAF’s Project for the promotion of integrated school feeding models in West Africa.

A line of 250,000 euros for ECREEE’s Water and Energy Project for the Increase of food security and socio-economic development, corresponding to the first annuity.

A line of 498,000 euros from ACID’s Ecological Transition Program (FONTEC) to support the project’s transition to a clean energy circular economy through the optimisation of high energy intensity value chains in high impact sectors.

 A line of 250,000 euros which will go to the Project of institutional support and promotion of the new strategies of the ECGD within ECOWAS on the promotion of gender equality and the fight against gender-based violence.