Africa Business West Africa World 

West African countries to adopt single currency in 2027

– – Ecowas leaders have agreed to now work towards launching a single currency by January 2027. The West African regional bloc had planned to adopt the currency called Eco in 2020 but said the road map was disrupted by the Coronavirus pandemic. On Saturday however the West African leaders at a summit in Ghana’s capital, Accra agreed a new… Read More
Africa Business West Africa World 

West Africa’s new single currency delayed for five years

– – West African nations planning to adopt a single currency called the “ECO” effective this year say that won’t happen until after at least five years. In June last year, the regional bloc Ecowas made the headlines after announcing that beginning in January 2020, countries within the group will use a single currency called ECO. That decision was taken… Read More
Africa Business Ghana West Africa World 

Ghana in line to host ECOWAS central bank

Ghana is seeking to host the ECOWAS central bank which is expected to be set up in the coming months. The bank would be critical ahead of the introduction of the ECOWAS common currency the ‘Eco’ from January 2020. ECOWAS Commissioner in charge of Micro Economic Policy said Ghana is one of the leading countries in line to host the… Read More