ECOWAS is once again targeting 2027 for the launch of the Eco, a shared currency intended to make trade, payments, and investment easier across West Africa. This episode traces the project’s four-decade history, explains why repeated launch dates have failed, and examines the economic convergence standards countries must meet before joining.

In this edition, we explore the challenges of applying one monetary policy across economies as different as Nigeria, Ghana, and the CFA franc countries, including inflation, fiscal deficits, exchange-rate policy, and exposure to different economic shocks.

The episode also considers what may be different this time: a phased rollout involving qualifying countries first, the registration of the Eco trademark, an active presidential task force, and a potentially more favorable regional economic environment.

Show Notes

00:00 — Welcome to Daba Markets Talk

Follow Daba Finance

Website: https://www.dabafinance.com/en