Six of the 15 members of the Economic Community of West African States (ECOWAS)—The Gambia, Ghana, Guinea, Liberia, Nigeria, and Sierra Leone—have launched an ambitious initiative to set up a second ...

Moreover, eight ECOWAS countries, largely francophone, are already members of a currency union—Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. These members of the ...

Fifteen countries in West Africa have agreed ... Nigeria, whose oil-dependent economy accounts for two-thirds of the region's GDP, would dominate a future monetary union. Some economists have ...

France has monetary cooperation agreements with three African monetary areas: the West African Monetary and Economic Union (WAEMU), the Central African Economic and Monetary Community (CEMAC) and the ...

As the world’s top exporter of cocoa and raw cashew nuts, a net exporter of oil, and with a significant manufacturing sector, Côte d’Ivoire is the largest economy in the West African Economic and ...

Eight countries make up the West African Economic and Monetary Union and a further six are in the Central African Economic and Monetary Community. Since 1999, the CFA franc (in both zones ...

benefitting states within the West African Economic and Monetary Union (WAEMU) and the private sector. The investment also aligns with three of the Bank Group's "High 5" strategic priorities ...

All three are part of the West Africa Economic and Monetary Union (UEMOA), a francophone community for countries that share the common CFA currency. Like ECOWAS, the countries – Senegal ...