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ECOWAS CONVERGENCE COUNCIL REVIEWS PROGRESS TOWARDS SINGLE CURRENCY | Economic Community of West African States (ECOWAS)

Summary by ecowas.int
The ECOWAS Commission convened the Fourteenth Session of the Convergence Council by videoconference on September 7, 2026, to review progress towards the establishment of the ECOWAS Single Currency, The ECO, targeted for launch in 2027.   The Session considered the report of the 68th Meeting of the Committee of Governors (CoG) of the Central Banks of ECOWAS Member States, held on 4 September 2026. The CoG meeting followed the 3rd Joint Meeting of…
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The Economic Community of West African States (ECOWAS) wants to speed up the process of setting up ECO, the future single currency of the region. At the end of its 14th session, held on Monday, 7 September 2026 by videoconference, the Convergence Council instructed the Executive Secretariat of the organization to convene immediately a meeting of the Presidential Working Group. The aim is to give new impetus to the process and to prepare for the …

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Nairametrics broke the news on Tuesday, September 8, 2026.
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