The ECOWAS Parliament, led by Speaker Hadja Memounatou Ibrahima, convened a meeting in Cotonou to discuss reforms aimed at empowering regional MSMEs, which are crucial for economic growth and security in West Africa.
ECOWAS Parliament has called for urgent policy reforms to enhance the growth of Micro, Small and Medium Enterprises (MSMEs) in West Africa, emphasizing their critical role in economic integration, job creation, and poverty reduction during a meeting in Cotonou, Benin.
ECOWAS Parliament warns that nearly 90% of West Africa's economy is informal, with 60% of the workforce outside the formal sector. It calls for reforms to formalize Micro, Small and Medium Enterprises (MSMEs) to enhance economic growth and job creation.
