Total Economic Development (TED)

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Total Economic Development (TeD) is an integrated consulting and training framework developed by the Economic Growth and Development Center (Economic Center) to address poverty, strengthen local economies, expand access to capital, and promote sustainable prosperity across Africa.

TeD is built on the principle that lasting economic development requires the coordinated mobilization of capital, human resources, institutions, natural resources, and markets. It brings Business, Academia, and Government (BAG) together with communities, traditional institutions, financial organizations, civil society, the diaspora, and development partners—the broader network known as the BAG and Baggage approach.

The framework connects households and communities to wider economic opportunities by aligning education, enterprise development, investment, infrastructure, institutional capacity, and public policy. It also emphasizes ethics, trust, accountability, local ownership, and shared responsibility as foundations for sustainable economic growth.

What’s in TeD Training?

TeD training equips participants with practical skills to address development challenges by connecting poverty reduction, investment attraction, export development, and sustainable economic growth.

Target Audience

The program serves elected leaders, traditional rulers, government professionals, Economic Development Officers (EDOs), university students, business leaders, civil society practitioners, military and security personnel, banking and microfinance professionals, technology practitioners, and community facilitators.

Training Structure

Training is delivered through participating universities in two formats: four-day in-person local courses and flexible online learning, including live and recorded, self-paced classes. Practical assignments help participants apply lessons to local economic opportunities and development projects.

International Study Tours

Economic Center also offers five-day international training and practical study tours with partners in Canada, the United States, and other countries. Participants engage with experienced practitioners, observe economic development strategies, and explore how successful practices can be adapted to African communities.

Consulting, Local Ownership and Implementation

Alongside training, Economic Center provides consulting services that help governments and organizations diagnose economic challenges, assess local resources, identify investment opportunities, develop poverty-eradication strategies, and establish practical implementation and monitoring systems.

The framework promotes Full Local Ownership (FLO) and Partial Local Ownership (PLO) to strengthen community participation in the benefits of natural resources and economic development. Through appropriate ownership structures, including community trust funds and development corporations, communities can pursue productive investment, enterprise development, and long-term local prosperity.

TeD also encourages collaboration with diaspora communities and microfinance institutions to connect remittances, financial services, expertise, and investment with family wellbeing and enterprise growth. Cybersecurity and personal safety are incorporated to help protect people, institutions, and the systems that support economic activity.

University Partnerships and Global Learning

Economic Center partners with universities and other tertiary institutions across Nigeria and Africa to provide training platforms, research opportunities, professional development, and practical community engagement. Universities contribute facilities, faculty, students, and local connections, while Economic Center provides the TeD curriculum, practitioners, course administration, consulting experience, and international partnerships.

For universities, the collaboration offers interdisciplinary teaching opportunities, executive education, practical student projects, stronger government and industry relationships, international exposure, and pathways for developing professional Economic Development Officers.

International study tours complement classroom learning through practitioner-led sessions, site visits, and practical exercises. Participants are encouraged to translate their observations into locally relevant projects, institutional improvements, and investment initiatives.

Economic Center’s Capability and Delivery

Economic Growth and Development Center is an independent, knowledge-driven, globally connected organization with operations and associates in Nigeria, the United States, and Canada. Its leadership brings experience in academia, economic consulting, national planning, poverty eradication, and public policy.

Economic Center assembles multidisciplinary teams of economists, development practitioners, university faculty, financial literacy facilitators, investment and enterprise specialists, cybersecurity professionals, and sector experts to meet the needs of each assignment.

Its delivery approach can combine economic assessments, executive training, classroom and online learning, practical casework, field visits, examinations, certification, international study tours, and implementation support. Continuing education, coaching, practitioner forums, and knowledge exchange help participating institutions and professionals sustain their capabilities over time.

Our Mission and Vision

TeD’s mission is to help individuals, institutions, and communities overcome poverty by building productive capacity, strengthening local ownership, improving access to capital, and coordinating the people and institutions responsible for economic development.

Its vision is an Africa where capable leaders, productive enterprises, empowered communities, and effective institutions work together to create shared prosperity that endures across generations.

Economic Center invites governments, universities, businesses, traditional institutions, civil society organizations, and development partners to collaborate in adapting the Total Economic Development framework to their communities and national priorities. Together, we can move from economic potential to practical action—and from action to lasting prosperity.