SUMMARY OF THE CONSOLIDATED 2025 NATIONAL INVESTMENT REPORTS
OVERVIEW

Ten Member States (Benin, Cabo Verde, Côte d’Ivoire, The Gambia, Ghana, Liberia, Nigeria, Senegal, Sierra Leone and Togo) submitted 2025 National Investment Reports at the Fifth Meeting of the Technical Committee of the ECIM Council in Abidjan, 27–30 April 2026. Reports from Guinea and Guinea-Bissau were not available at the time of compilation.
The reports show a region that continues to attract capital and deepen reforms despite a challenging global environment, though Member States start from very different baselines.

Figures are as reported by each Member State and are not yet harmonised across countries.
Common strengths:
 Modernized investment laws (Benin, Côte d’Ivoire, Nigeria, Senegal, Sierra Leone)
 Digital registration and facilitation
 Stronger one-stop shops and aftercare, and
 Active AfCFTA engagement.
Common challenges:
 Foreign-exchange volatility and short-term capital dominance,
 Infrastructure and logistics gaps,
 Climate vulnerability
 Capacity limits in dispute prevention and treaty modernisation, and
 Uneven implementation of the ECOWAS Investment Code and AfCFTA Investment Protocol.

ACTIONS TO BE TAKEN BY MEMBER STATES WITH SUPPORT FROM THE COMMISSION

 Accelerate implementation of the ECOWAS Investment Code and national AfCFTA implementation strategies.
 Deepen digital one-stop facilitation and aftercare, with particular attention to SME access.
 Strengthen regional infrastructure corridors and logistics to cut the cost of intra-ECOWAS investment.
 Attract more long-term greenfield and brownfield investment, reducing reliance on short-term portfolio flows.
 Enhance peer learning on free-zone governance, BIT modernisation and dispute prevention, and improve data comparability in future reports.