ECOWAS: West Africa Competitiveness Programme (WACOMP)
Overview
Summary
The overall objective of the regional programme is to "strengthen the competitiveness of West Africa by enhancing the production, transformation, and export capacities of the private sector in alignment with regional and national industrial and SME strategies." The specific objective is "to improve the performance and growth of selected priority sectors and value chains and related services by stimulating their contribution to industry, regional trade, and exports."
The ITC's intervention through the West Africa Competitiveness Programme (WACOMP) involves implementing activities that promote better regional linkages among selected value chains, support key regional intermediary organizations, reinforce industrial competitiveness in the region, and establish the West African Competitiveness Observatory along with related business tools.
Partners
Sustainable Development Goals
Projects
Expanding West African trade
The West African Competitiveness Programme, or WACOMP, harnesses the expertise of the International Trade Centre (ITC) to increase regional integration through trade. We promote conducive business environments and greater participation of the private sector in a public-private dialogue on trade policy.
Our regional programme concentrates on improving micro, small and medium-sized enterprises’ access to secure investments and improving their regional reach. We also work to advance production and processing in the agro-food industry.
To improve business performance and value chain connectivity, we are reinforcing national trade and investment support institutions as well as supporting the ECOWAS Trade Promotion Organisations Network to share best practices and insights.
WACOMP also operates national programmes in Guinea, Senegal and Sierra Leone, which advance particular national priorities.
Business tools
We are extending the use of ITC technological tools to gather comprehensive information in the region.
The WACOMP Observatory is a monitoring tool for the trade competitiveness of West African countries, aiding policymakers in defining trade policies and supporting local SMEs in integrating into regional value chains. The Trade Obstacles Alert Mechanism (TOAM) identifies existing trade barriers with the goal of addressing them to improve regional trade flows.
Additionally, ITC has integrated the ECOWAS trade map tool (ECOTIS) on the ECOWAS Commission’s website. This tool assists in tracking trade performance and capitalizing on potential trade opportunities in the region.
Videos
WACOMP Guinea
In retrospect, the Pineapple Sector Revival Project (REFILA) emerges as a pivotal WACOMP initiative, championed by ITC.
The project sought to revitalize Guinea's pineapple industry by optimizing the entire value chain, fostering sustainable economic growth, and creating a conducive business environment. During the project, 327 tonnes of pineapple were exported in Africa and internationally
As a result of the project, 14 businesses were launched thanks to ITC' support, including three owned by women owned. Networking activities led to 339 business contacts reported by beneficiaries.
As an implementing partner, the ITC strategically facilitated Guinean pineapple access to international markets through market identification, robust marketing plans, client support in new export ventures, and crucial linkages with target markets.
The project spotlighted Guinea's diverse pineapple varieties, emphasizing the potential for niche markets and international exports.
Crucially, the initiative was made possible through the support of the United Nations Industrial Development Organization and the Comité de Liaison Europe-Afrique-Caraïbes-Pacifique.
With a focus on the Baronne de Rothschild and smooth Cayenne varieties, the project sought to position Guinea prominently in the global pineapple market.