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West Africa: Eco Currency On the Horizon

Summary by allAfrica
Monrovia -- In a bold step toward deeper regional cooperation, the Economic Community of West African States (ECOWAS) has officially commenced its 2025 Mid-Year Joint Statutory Meetings, bringing together key financial institutions and policy stakeholders across the region.

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ECOWAS officially set the launch of Eco, its single West African currency, at 2027. The announcement was made by the President of the Commission, Omar Alieu Touray, during a meeting in Banjul with Gambian President Adama Barrow. After many years of hesitation and delays, the organisation now opts for a more flexible strategy [...]

After several postponements, the launch of Eco, the common currency of the Economic Community of West African States (ECOWAS), is now scheduled for 2027. This was announced by Omar Alieu Touray, Chairman of the ECOWAS Commission, following a hearing with Gambian President Adama Barrow last week in Banjul.

After several years of postponements, the project to launch the single currency of the Economic Community of West African States (ECOWAS), called Eco, is entering its decisive phase. ECOWAS Commission President Omar Alieu Touray confirmed that Eco will be born in 2027. This announcement was made following a hearing given by Gambian President Adama Barrow during his visit last week in Banjul. Determined to move forward, the subregional organisati…

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thepoint.gm broke the news in on Monday, August 4, 2025.
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