Simeon Koffi

Executive Director at ECOWAS Regional Competition Authority - Serrekunda, Banjul, The Gambia

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HQ
(220) 233-0006
Location
Nigeria
Company
ECOWAS Regional Competition Authority
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ECOWAS Regional Competition Authority logo, ECOWAS Regional Competition Authority contact details

ECOWAS Regional Competition Authority

Serrekunda, Banjul, The Gambia • 3 Employees
International Trade & Development

In 2007, the Economic Community of West African States (ECOWAS) adopted a Regional Competition Policy Framework (RCPF), articulating the purpose and basic principles of competition law and its many benefits to the Community Market and the regional integration process. The RCPF reported on the state of competition law in the region at the time as well as the conditions for implementing and enforcing competition principles within ECOWAS. Following the RCPF, the ECOWAS Authority of Heads of State and Government enacted two key legislation in 2008 that would establish the framework for regional competition regulation. The first was Supplementary Act A/SA.1/12/08 adopting the Community Competition Rules and the modalities for their application within ECOWAS and second was Supplementary Act A/SA.2/12/ 08 on the establishment, functions and operation of the ECOWAS Regional Competition Authority (ERCA). The adoption of the Competition Rules and establishment of ERCA are important steps toward achieving market efficiency, economic growth and integration in West Africa which are fundamental objectives of ECOWAS. In 2014, the ECOWAS Authority of Heads of State and Government granted the government of The Gambia hosting rights for ERCA. The formal launching of ERCA took place in May 2019, following a meeting of the Technical Committee of Trade and Competition Experts in Banjul, the Gambia.

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