The Authority also directed the commission and the central banks to accelerate the operation of the Special Fund for financing of programmes in the revised Roadmap for the ECOWAS Single Currency Programme. “It further directs the commission to ensure implementation of the recommendations of the meeting of the ministerial committee held in Abidjan on June 17 and June 18 as well as preparation and implementation of the Communication Strategy for the single currency programme. Op-ed 

Towards the ECO single currency 2020, is ECOWAS ready?

    By Slolleh Kofa   Even with the yet an unsolvable cancer of internal divisions plaguing each ECOWAS country, West African leaders still believe that a mere monetary currency will defy all odds in uniting and integrating their countries in the sub-region in the absence of vibrant and workable integration policies. According to Tokunbo Afikuyomi an economic analyst, a single currency will only work if all the countries involved are economically aligned, which is not the case at the moment, even though Ecowas has set bench marks to integrate…

Read More