The ECO, the single currency projected for the Economic Community of West African States (ECOWAS), is very unlikely to be adopted this year. This is one of the conclusions of the recently ended 57th summit of ECOWAS Heads of State.

The leaders decided to follow a new roadmap whose content was not yet disclosed. The summit however informed that the launch of the single currency has been postponed to an ulterior date while taking into account the reasons that pushed the WAEMU States to switch currencies.

For more information, please see https://www.togofirst.com/en/economic-governance/1109-6225-ecowas-leaders-postpone-the-launch-of-eco