Six of the 15 members of the Economic Community of West African States (ECOWAS)—The Gambia, Ghana, Guinea, Liberia, Nigeria, and Sierra Leone—have launched an ambitious initiative to set up a second ...

Over the past several years, a number of countries have given up their national currencies and replaced them either with a multinational monetary union or with a prominent international currency ...

Past performance is not a reliable indicator of future results. The strength of the European monetary union would come under more pressure if the inflationary crisis were to result in a protracted ...

The leaders of the 15 ECOWAS member countries aimed to achieve a monetary and currency union by the end of 2020 but abandoned that timetable because the group was not ready. They were far from the ...

France has monetary cooperation agreements with three African monetary areas: the West African Monetary and Economic Union (WAEMU), the Central African Economic and Monetary Community (CEMAC) and the ...

Bulgaria is set to become the latest member of the European single currency. The move is painted as an almost natural march ...