WACOMP Newsletter Q1 2020

Overview of the West Africa Competitiveness Programme (WACOMP)

Funded by the European Union - Regional components implemented by UNIDO and ITC

 The West Africa Competitiveness Programme (WACOMP) was adopted under the 11th European Development Fund (EDF) of the Regional Indicative Programme for a total €120m.WACOMP aims to support a number of selected value chains at both national and regional level, to promote structural transformation and better access to regional and international markets. The major objective of WACOMP is to strengthen trade competitiveness of West African countries and enhance their integration into the regional and
international trading system. To reach this overarching goal, the programme will work to:
· improve the performance, growth and contribution to industry, regional trade and exports of selected value chains, and
· improve the business climate at national and regional levels.
The programme, which is aligned to support the implementation of the West African regional policies and programmes, including the West Africa Common Industrial Policy (WACIP), West Africa Quality System Programme (WAQSP) and ECOWAS Private Sector Development Strategy, will be instrumental in creating the foundations and promoting access of West African countries to the EU External Investment Plan (EIP).

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