A single currency could help address West Africa’s monetary problems, such as the lack of independence of central banks and non-convertibility of some currencies.

Fifteen West African countries were due to introduce a new currency called the Eco in 2020, but Mr. Ouattara’s announcement will almost certainly kill that project, according to Ndongo Samba ...

Over a decade ago, the leaders of the Economic Community of West African States (ECOWAS), a regional trade bloc of 15 countries with a total population of roughly 400 million, committed to ...

Nigerian trade consultant Bamidele Ayemibo says it’s easier to sell his bean cake snacks to China than to neighboring Benin.

The 15-nation Economic Community of West African States has been planning a single currency since 2000. ... Ngozi Egbuna, said this would move the dream of a single west African currency closer.

The West African CFA franc (XOF) exchange rates represented on this page are live, updated every minute within the forex market's trading hours of 22:00 Sunday through 21:00 Friday GMT.

West Africa Economic Summit (WAES) in Abuja, leaders looked to the past for lessons, and to the future for bold reforms ...

The new initiative to launch the currency, dubbed the eco, comes after decades of delays, most recently due to the COVID-19 pandemic. West African regional bloc adopts new plan to introduce a long ...

Prof. Steve Hanke’s suggestion of a currency board for the eco, the new West African currency (“Farewell to the CFA Franc: Macron and Ouattara End a Colonial Relic,” Dec. 31), is hobbled by ...

In West Africa, a common currency shared by eight nations undergoes a major overhaul and many people aren't happy about it. The bills have deteriorated significantly since their 1992 printing.

Download PDF . A currency union encompassing all of West Africa promises benefits but faces a multitude of obstacles During the COVID-19 pandemic advanced economies have tapped their central banks for ...