West African CFA Franc - Future Proposals

Future Proposals

The English-speaking states of Gambia, Ghana, Liberia, Nigeria and Sierra Leone, along with the French-speaking state of Guinea, have formed the West African Monetary Zone (WAMZ) and aim to introduce a common currency, the Eco, on 1 January 2015, with the ultimate goal of uniting the West African Economic and Monetary Union and the WAMZ to form a single West African monetary zone.

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