West African Economic and Monetary Union (WAEMU)

What is West African Economic and Monetary Union (WAEMU)?

West African Economic and Monetary Union (WAEMU) meaning

note – also known as Union Economique et Monetaire Ouest Africaine (UEMOA)

 

established – 1 August 1994

 

aim – to increase competitiveness of members’ economic markets; to create a common market

 

members – (8) Benin, Burkina Faso, Cote d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, Togo

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html