On 26 November 2014, the Economic Community of West African States (ECOWAS) Commission officially launched programs for the West African common market, including the regional economic and trade integration process and the private sector competitiveness program. Main projects of the programs included the long-planned ECOWAS Single Currency, the Eco, and the ECOWAS Common External Tariff. Implementation of both is expected to begin early 2015.
The programs are supported by the European Development Fund, the World Bank, the UN Industrial Development Organization and the German International Cooperation Agency.
The ECOWAS countries include Benin, Burkina Faso, Cape Verde, Gambia, Ghana, Guinea, Guinea Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
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