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'ECOWAS' Collective Interest Lies in Single Currency,' President of Community's Commission Says

'ECOWAS' Collective Interest Lies in Single Currency,' President of Community's Commission Says

Sputnik Africa

'ECOWAS' Collective Interest Lies in Single Currency,' President of Community's Commission SaysThe region is committed to launching the Eco single currency in... 21.05.2025, Sputnik Africa

2025-05-21T17:16+0200

2025-05-21T17:16+0200

2025-05-21T19:18+0200

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'ECOWAS' Collective Interest Lies in Single Currency,' President of Community's Commission SaysThe region is committed to launching the Eco single currency in 2027, despite delays caused by challenges like the COVID-19 crisis, Dr. Omar Alieu Touray told Sputnik Africa."The Eco is still an important project, the program of ECOWAS, the single currency, [and] particularly regional trade," the official said.🪙 Key details outlined by Touray:⦁ ECOWAS central bank governors recently met in Lagos to recommit to the initiative;⦁ The single currency requires many conditions to be fulfilled;⦁ Not all 12 member states may join at once — but the goal remains regional unity through a shared currency;⦁ Final decisions rest with West Africans themselves, not outsiders.

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