Discover postsExplore captivating content and diverse perspectives on our Discover page. Uncover fresh ideas and engage in meaningful conversations
ECOWAS was forced in 2021 to push back the introduction of the currency to 2027 due to the outbreak of COVID-19. The currency was proposed to boost economic development in the West African region and improve cross border trade. In addition, it is expected to be eventually merged with the Euro-pegged CFA franc, which is used by most French-speaking West African countries within the West African Economic and Monetary Union (UEMOA).
