ECOWAS Entrepreneur proposes railway corridor for member states

Micro, Small, and Medium Enterprises (MSMEs) in the ECOWAS region, under the ECOWAS Small Business Coalition (ESBC), have called for the establishment of a railway corridor linking all member countries, alongside the existing road network.

The proposal was made at the end of their inaugural exhibition and workshop, which took place from November 21 to November 23 in Abidjan, Ivory Coast.

According to the News Agency of Nigeria (NAN), the event, organized by the ESBC in partnership with the ECOWAS Commission and Ivory Coast’s Ministry of Commerce and Industry, brought together small business operators from across the region.

The coalition highlighted the challenges faced by SMEs in transporting goods and services within the ECOWAS subregion.

They emphasized the need for better communication and a clearer understanding of cross-border trade obligations, as well as improvements in the movement of goods and people.

While ECOWAS has confirmed the free movement of goods and people under existing protocols, it clarified that such movements still require compliance with formalities and customs duties

NAN reports that during the workshop, members of the ESBC presented a range of proposals to address transportation challenges.

They called for an end to cross-border harassment and corruption, which they attributed to the imposition of unnecessary taxes.

They also suggested that local Small Business Coalitions (SBCs) should be empowered to issue certificates of origin to entrepreneurs to streamline trade processes.

Additionally, the coalition proposed the establishment of online training platforms for SBCs to enhance their capacity to support SMEs.

NAN

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