Africa has revived talks of a common currency, with Finance ministers from the region optimistic the dream feasible in five to six years. He said West Africa under the Economic Community of West African States (ECOWAS) has already made baby steps towards having a regional currency. ''We are determined to work towards achieving that common currency by the year 2020,''Diallo said. Fifteen West African States adopted 'ECO' as the name for the region's common currency in Abuja, Nigeria on June 15. An African monetary union is envisaged in the Abuja Treaty of 1991.

Source: The Star October 23, 2019 12:45 UTC