West Africa
The Economic Community of West African States (ECOWAS) covers 15 countries with a population of more than 300 million, among them Ghana and Nigeria. With improving framework conditions for investments, these countries feature high growth rates and increasing investments of domestic and foreign enterprises. The private sector is taking a dynamic development.
Office Director Andreas Voss and his staff accompany the customers in West Africa.
DEG has been committed in West Africa since the early 1980s and has provided some 440 million euros for more than 150 investment projects in the region. The current portfolio amounts to financings of more than 130 million euros. Focuses with additional potential are on agribusiness and food industry and on the infrastructure sector.With the Accra Office DEG opened its third office in Africa in 2008. It aims at boosting its presence on this important continent, at promoting the long-term dialogue with enterprises and disseminators in the region and at contributing to the sustainable development of the private sector in West Africa.
