ECO/AfCFTA: ECOWAS sets new guidelines on single currency and market

January 27, 2021 Ecofin Agency 0 Comments

On Sunday, January 23, 2021, the member countries of the Economic Community of West African States held their 58th Ordinary Session of the ECOWAS Authority of Heads of State and Government. This virtual meeting saw the establishment of new guidelines regarding the community’s single currency and market.

Concerning the single currency (ECO), the ECOWAS communiqué stressed that the deadline for this project, which has already been postponed several times, will be postponed again, particularly following the impact of the coronavirus pandemic on the macroeconomic performance of West African countries. Read More.

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