Spain Unveils Innovative Job Creation and Economic Growth Initiative for West Africa

Spain has initiated a private sector investment program to stimulate economic growth and boost job creation in West Africa, as stated by Economy Minister Carlos Cuerpo during the World Economy Summit. Launched initially in Senegal, the Africa Forward Alliance will soon encompass The Gambia and Mauritania. Cuerpo emphasized the goal of harmonizing the interests of African nations with private investors, a vital step to addressing migration pressures towards Europe. Moreover, Spain has allocated $1.9 billion from IMF resources to aid the world’s neediest nations.