France is Holding Hostage West African's New Currency the ECO

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West Africa economy: Leaders push for single currency ECO

As many as 15 countries in West Africa have agreed to adopt a single currency, called ECO, next year. Experts are divided on the effect it would have on the region’s economy, especially in the eight member states that use the French-backed CFA franc. Al Jazeera’s Nicolas Haque has more on that from Senegal’s capital […]

Single currency hopes to unite West African nations

West African leaders are gathering in Ivory Coast to plan the rollout of a single shared currency. It is part of a plan to strengthen regional ties and boost trade. The move would mean eight former French colonies giving up their use of the CFA Franc currency. Al Jazeera’s Ahmed Idris reports from Abidjan. – […]