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Africa Trade Organizations

West African Monetary Zone (WAMZ)


Countries Involved:Africa Economic Institute Gambia, Africa Economic Institute Ghana, Africa Economic Institute Guinea, Africa Economic Institute Nigeria, Africa Economic Institute Sierra Leone,
Area of Cooperation:Economic Currency
Summary:

WAMZ seeks to introduce a common currency -the Eco- by 2009. WAMZ was formed by Nigeria and is a subgroup of ECOWAS. This is the alternative to the CFA franc shared by UEMOA.



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