Welcome to

Economic Growth and Development Center (Economic Center)

We are a private and independent international organization, committed to fighting poverty by developing strategies for productivity and economic prosperity.

Who we are

Economic Growth and Development Center (Economic Center) is a private and independent international organization, committed to fighting poverty by developing strategies for productivity and economic prosperity. We realize this by working with people, institutions, communities, governments, and nations to promote human capital development, global partnerships, and various strategies for achieving global economic competitiveness. The final analysis is all about raising the level of living by investing in people and protecting their assets.

What We do

Legacy Wealth

A generational wealth program
Legacy Wealth (Poverty Solutions in the Capital Market) program is a groundbreaking financial inclusion and empowerment initiative designed to combat intergenerational transfer of poverty.

Economic Development Africa

The Economic Development Africa (EDA) platform is a comprehensive hub dedicated to promoting economic growth across the continent. With a vision of a prosperous Africa free from poverty, EDA offers a range of programs, including funding initiatives.

Global Business Partnerships (GBP) and Study Tours

International Exposure and Collaboration To ensure global best practices and cross-learning opportunities, Economic Center collaborates with Economic Developers Alberta (EDA)

TOTAL ECONOMIC DEVELOPMENT (TEDev)

Many countries today are rich in natural resources, youthful populations, and intellectual talent, yet they remain poor, unstable, and uncompetitive. This paradox persists not because...

States/Local Government Training and Consulting

We support states and local governments in navigating the complexities of economic growth and development through specialized consulting and training services.

Economic Development Training for Development Officers

Tailored for senior government officials, policymakers, corporate leaders, and administrators seeking advanced insights into strategic economic planning, investment attraction, and sustainable community development.

Our Engagements

Meetup with Cowry Asset Management
The Economic Center team met with @cowryassetmgt , the official Fund Manager for the Legacy Wealth Program, to discuss strategies for managing and growing the investments of all subscribers.
Meetup with Cowry Asset Management
With their solid track record in cooperative fund management and community-driven investments, @cowryassetmgt will help ensure every contribution delivers real growth, financial inclusion, and lasting prosperity.
Meetup with Cowry Asset Management
Exciting times ahead as we continue laying strong foundations for shared wealth and empowerment!
A Defining Moment for Farmers and Financial Inclusion!
The All Farmers Association of Nigeria (AFAN) has taken a visionary step by signing an MOU to enroll millions of farmers into the Legacy Wealth Program, a groundbreaking initiative designed to help low-income earners build wealth, gain access to the capital market, and secure long-term prosperity.
A Defining Moment for Farmers and Financial Inclusion!
This partnership reflects a new era of empowerment, one where every farmer becomes a stakeholder in the nation’s economic growth. Through Legacy Wealth, members can now invest collectively, benefit from professional fund management, and build a foundation for generational wealth.
Strategic visit to the Director-General of the Securities and Exchange Commission Nigeria
The team from the Economic Growth and Development Center, led by Chairman Magnus Kpakol, paid a strategic visit to the Director-General of the Securities and Exchange Commission Nigeria, Emomotimi Agama, to present the Legacy Wealth Program.
Strategic visit to the Director-General of the Securities and Exchange Commission Nigeria
The engagement focused on positioning the program within the framework of Nigeria’s regulated capital market—highlighting transparency, credibility, and investor protection at the heart of the initiative. The visit underscores the commitment to ensuring that Legacy Wealth operates in alignment with the standards and principles that build public trust and confidence in long-term investment and wealth creation.
Africa at the G7 Study Tour
From the Ghanaian Ministry of Energy to UBA America, and from grassroots changemakers to senior officials across Canada, DFIs, trade professionals, diaspora leaders, and private sector investors, it brought together voices that are shaping the future with purpose, clarity, and collective resolve.
Africa at the G7 Study Tour
Convened by Afrifursa and steered by a forward-thinking Executive Committee including Magnus Kpakol, Shane M. Jaffer, Minerva Saddler Gray, MA, BA, Aaron Poirier, Tapfuma Musewe, MBA, Jacqueline M. Jaynain Panchal, and Frank F. Cotae, MBA, PhD, this landmark gathering showed what becomes possible when Africa steps forward not to be included, but to lead.
Africa at the G7 Study Tour
A standout moment was the keynote by Sola Yomi-Ajayi of UBA America, a message that captured both the momentum and the mission. Africa isn’t just showing up. Africa is showing the way.
University of Texas at Dallas
Prof. Magnus Kpakol, Chairman Economic Growth And Development Center, and Dr. Jennifer Holmes, Dean of Economic Political and Policy Sciences, University of Texas at Dallas
DHQ delegation at UT Dallas
Familiarization presentation for the DHQ delegation at UT Dallas
UT Dallas Familiarization and Evaluation tour
Prof. Magnus Kpakol, Dr. Jennifer Holmes, and Head of DHQ delegation to UT Dallas Familiarization and Evaluation tour.
UT Dallas campus tour
Chairman, Economic Center, Dr Jennifer Hilton Montero, Director for International Initiatives UT Dallas and DHQ delegation of UT Dallas campus tour
Orientation with the DHQ Delegation
Orientation conducted by Economic Center with DHQ delegation
Orientation with the DHQ Delegation
Orientation conducted by Economic Center with DHQ delegation
Orientation with the DHQ Delegation
Orientation conducted by Economic Center with DHQ delegation
DHQ delegation at the Success Institute
DHQ delegation led by Chairman, Economic Center to Success Institute
Human Capital Africa Forum
Cross-section of participants at the June edition of the Economic Center’s Human Capital Africa Forum(HCAF)
Human Capital Africa Forum
Prof. Magnus Kpakol speaking at the June edition of the Human Capital Africa Forum(HCAF)
Economic Development Alberta
Prof. Magnus Kpakol meeting with Leann Hickman-Carty, CEO of Economic Development Alberta (EDA) in Calgary, Canada
Nigeria Upstream Petroleum Regulatory Commission
Prof. Magnus Kpakol, Chairman Economic Center meeting with Engr. Gbenga Komolafe. Chief Executive of Nigeria Upstream Petroleum Regulatory Commission

Our Courses

We offer the following Courses

Legacy Wealth Financial Literacy Training

Cybersecurity for Economic Development

Community Development and Resilience

Poverty Eradication strategies

TOTAL ECONOMIC DEVELOPMENT (TEDev)

Economic Development Officers

LATEST

Mobilizing Diaspora Capital for Capital-Market -Led Poverty Eradication in Africa

Economic Center has formally integrated two flagship initiatives developed by Economic & Business Strategies (EBS) Ltd.—the Legacy Wealth Program: Poverty Solutions in the Capital Market, and the One Shout Security Program—into its diaspora-led development strategy.

Legacy Wealth Program with the One Shout Security App Integrating Human Security: The One Shout Program

Economic Center recognizes that economic empowerment cannot be sustained in environments of insecurity. The One Shout Security Program complements Legacy Wealth by providing digital tools for emergency alerts, location tracking, and rapid response, thereby strengthening personal and community safety.

Legacy Wealth Program: Capital market to the rescue

Are you ready to build generational wealth? Do you want to build a productive workforce? Do you want to be a Poverty Eradication Promise Keeper Champion? Then Legacy Wealth (Poverty Solutions in the Capital Market) program is for you.

Economic Development Training

This training is designed for elected officials, leaders, professionals, educators, and economic development officers seeking to drive growth, innovation, and long-term success in their organizations, industries, and communities. This program covers key areas such as poverty eradication, human capital development, entrepreneurship, exporting, access to capital, human security, cybersecurity in a digital world, global partnerships, investment and talent attraction, community development, and more.

Economic Development Study Tour With Prof. Magnus Kpakol (For Business, Academia & Government)

This study tour is designed for policymakers, professionals, scholars, and leaders committed to driving economic development. This program provides a unique opportunity to engage with industry leaders, investors, policymakers, and top academic institutions, fostering collaboration in investment, finance, innovation, and human capital development.

Through strategic networking, high-level discussions, and site visits to leading universities, research centers, business hubs, and government agencies, participants gain valuable insights into global best practices in economic development.

Prosperity Economy Rule Your World Course

Prosperity Economy: Rule Your World is designed as a comprehensive human capital development program that equips leaders, politicians, professionals, entrepreneurs, artists, technicians, students, and all individuals with the skills needed to excel and rule their world.

Transform Africa Today (Economic Development Training) with Economic Developers Alberta

To transform your organization, community and economy; join our professional and practical Economic Development Training Programs in Calgary, Canada. Enjoy global partnerships and access to investment opportunities. Next batch begins on the 15th of April. Register before the 15th of February 2024.

EXECUTIVE EDUCATION

Programs for individuals and organizations designed to help experienced executives expand their global perspective and lead at a higher level

ONLINE

Online Certificate course, led by award-winning faculty, to help you master essential business concepts.

DOCTORAL PROGRAMS

Eight full-time programs leading to a PhD degree for scholars interested in Academic Research

Economic Center signs MOU on Development
Training for Africa with Economic Developers Alberta

Join the Economic Growth and Development Center (Economic Center) and Economic Developers Alberta (EDA) for an exclusive opportunity to enhance your economic development expertise. Through our comprehensive Study Tours and Training program, you’ll gain valuable insights and practical skills to drive sustainable economic growth in your community.

Economic Development Club

Elevate your expertise from the comfort of your home by becoming a member of our Economic Development Club. Access our Economic development online training, certifications, and invaluable networking opportunities.

The Team

Prof. Magnus Kpakol

Executive Chairman

Cynthia Ugwu

Director of Administration and Program Services

Mrs. Esther Fola Abiodun Adebayo

Associate Director for Commodity Associations and Exporters

Isabella Peters

Producer

Magnus Kpakol-Total Economic Development Show

Blessing Solomon

Social Media and Marketing Executive

Human Capital Development

Energy Transition: Is Africa Ready For Green Energy?

Study Tours And Global Partnerships

Defence Headquarters Evaluation And Familiarization Tour

A Passionate Plea for Investing in Our People

Professor Magnus Kpakol’s Goodwill message at Nasarawa State University Keffi

Our Partners

Rivers govt
Nigerian Defense headquarters
University Of Texas Dallas
Huston-Tillotson-logo-Transparent
EDA Alberta