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 ...

The decision by the military-led Alliance of Sahel States to impose a 0.5% tariff on goods from rival ECOWAS nations has ...

Meanwhile, the West African Economic and Monetary Union is expected to see growth rates of 5.9% in 2024 and 6.2% in 2025, bolstered by strong economic activities in Benin, Côte d’Ivoire ...

The West African Economic and Monetary Union (WAEMU) faces rising liquidity costs despite a stable official interest rate. • Banks across the region are building up reserves to cope with uncertainty ...

Despite the bitter exit of Burkina Faso, Mali and Niger from ECOWAS and their formation of the rival AES, the destinies of ...

Alassane Ouattara made the remarks while chairing the 22nd session of the heads of state and government of the West African Economic and Monetary Union (UEMOA) via video conference. "We must ...

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 ...

received a delegation from the Ombudsmen Association of the member states of the West African Economic and Monetary Union ...

AES balance of trade has consistently been a deficit as imports into the region exceed exports from the region.

Analysis - Despite the bitter exit of Burkina Faso, Mali and Niger from ECOWAS and their formation of the rival AES, the destinies of the two blocs remain deeply intertwined.