ACCRA, 25th September 2019 – The United Nations Industrial Development Organization (UNIDO) and the European Union in collaboration with the Government of Ghana through the Ministry of Trade and Industry (MOTI) will on Thursday 26th September hold a stakeholder briefing in Accra at the La Palm Royal Beach Hotel.
The briefing is to present an over view of WACOMP to the media and foster dialogue among various stakeholders. Key partners of the programme will also speak on various thematic themes related to the WACOMP Ghana component.
The West Africa Competitiveness Programme (WACOMP) is a partnership initiative between the Economic Community of West African States (ECOWAS) and the European Union (EU).
It has a bearing on regional economic integration and highlights a commitment to the Economic Partnership Agreement (EPA) between the EU and West Africa.
The overall objective of the programme is to strengthen the competitiveness of West Africa and to enhance the ECOWAS countries’ integration into the regional and international trading system, including the newly established African Continental Free Trade Area (AfCFTA).
The WACOMP embraces the vision of the Third Industrial Development Decade for Africa (IDDA III) and is also aligned to UNIDO’s mandate of fostering Inclusive and Sustainable Industrial Development (ISID). The programme was launched in March, 2019 in Ghana and funded by the European Union.
The programme seeks to improve the competitiveness of Ghanaian exports with a focus on three main value chains – cassava, fruits (mango and pineapple), cosmetics and personal care products through enhanced value-addition, low carbon sustainable production and processing aimed at increased access to regional and international markets.