single currency ecowas
ECOWAS leaders participating at the 54th Ordinary Session in Abuja/Twitter

The Economic Community of West African States (Ecowas) new single currency will make its debut in 2020 in chosen states.

Concise News understands that this was revealed recently at the Ecowas seminar in Dakar Senegal.

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The seminar was on the Challenges and prospects of tthe creation of the ECOWAS single Currency.

It was presided over by the President of the National Assembly of Senegal, Moustapha Niasse; President of Ecowas Commission, Jean-Claude Kassi Brou and the Speaker of the Community Parliament, Moustapha Cisse Lo.

According to the Speaker of the Ecowas Parliament, Moustapha Cisse Lo, the Single Currency will lift the commercial and monetary barriers.

He added that it will lower the cost of transaction and spark up economic activities in the region.

The forum, therefore, called on all stakeholders to implement the revised road map on the single currency.