Business News of Sunday, 29 December 2019Source: Myjoyonline.comWest Africa's new currency, the Eco: Rebrand or fresh start? Remnants of French empireThe CFA is used in 14 African countries, split into the West African CFA and the Central African CFA. However, the changes will only affect the West African form of currency. In the economist's view, it does not make sense to promote West African monetary integration without involving countries like Ghana or Nigeria. Before joining the currency, countries are required to meet ten key demands by the West African Monetary Institute (WAMI).

Source: GhanaWeb December 29, 2019 09:45 UTC