Panelists discussing the potentials of the North West Region
The first ever North West Economic forum has kicked off in Bamenda with the North West Regional Assembly alongside its partners, have taken a monumental step towards redefining the region's development.
The two days Economic Forum, holding under the theme "From Resilience to Renaissance: Strategies for the Transformation of the North West Region," marks a new era of community-driven growth and partnership.
Prof Fru Angwafo III, President of the North West Regional Assembly
Speaking as he welcomed partners, startups, investors, and other stakeholders in the development drive of the region, Prof. Fru Angwafo III outlined a comprehensive strategic roadmap for the region's development, focusing on expanding local finance through modernized thrift schemes, enabling the region to tap into its own resources for growth.
"Our strategic road map consists of three key elements. First to expand local finance through a modernized thrift scheme, second, adding value chain to cassava, fish and livestock and a regional review of the cocoa sector, and lastly, cash for work under the peace and development initiative, PDI." Prof Fru Angwafo said.
Panelists discussed the fundamental importance of adding value to the cash crops and the artisanal sector of the region, targeting national and international markets.
Participants
The burden of development, as Prof. Fru Angwafo III aptly put it, does not rest solely on international bodies or the government. It is a collective responsibility that requires the active participation of the community. The agency to pilot this development is the North West Development and Investment Fund, NOWEDIF. By subscribing to NOWEDIF and supporting initiatives like the rebranding of the artisanal sector, innovations in traditional medicine, and education - which was the pride of the North West - communities can drive its own development.
The Economic forun is placed under the patronage of the President of the Republic, Head of state. Speaking at the event, the Governor of the North West Region, Adolphe Lele Lafrique, underscored that the region is moving very fast from crisis to stability and growth.
Governor Adolphe Lele Lafrique
He saluted the initiative of the vision bearer as mind-blowing.
"I must comment the President of the Regional Executive Council. Despite the challenges, he has been able to pull this through. His ideas are mind-blowing. I call on us all to subscribe to NOWEDIF and be agents of peace." Governor Adolphe Lele Lafrique said.
As the region moves from crisis to stability and growth, the call to action is clear: the community must come together to build its future. By investing in NOWEDIF and participating in its initiatives, individuals and companies can contribute to the region's renaissance. The theme "From Resilience to Renaissance" encapsulates the journey ahead, one that promises transformation and growth through strategic partnerships and community engagement.
By
Ndi Tsembom Elvis
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