Africa Trade Organizations
West African Monetary Zone (WAMZ)
| Countries Involved: |  Gambia,  Ghana,  Guinea,  Nigeria,  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. |