The Foreign Affairs Minister, Samuel Okudzeto Ablakwa, has stated that citizens of ECOWAS member states should “keep hope alive” in anticipation of a common currency and a Central Bank.
The dream of establishing a unified trade platform has been in the pipeline for over a decade. The idea was proposed with the hope of creating a currency to rival the Euro and the US dollar, which are globally recognized currencies for trade.
The ‘ECO’ is intended to enhance trade and eliminate trade barriers within the ECOWAS sub-region.
“The vision is alive. It hasn’t been abandoned. It hasn’t been deserted,” Ablakwa said at a press conference, on Monday, April 21.
According to him, the main challenge lies in establishing a common platform for convergence. He noted that preliminary structures have been put in place, adding that there is the necessary “political will.”
ECOWAS is expected to mark its year-long golden jubilee celebrations in 2025, with activities beginning in Accra.
Heads of member states will arrive in Accra from April 21 to 26 to launch the ECOWAS@50 celebrations and unveil a commemorative logo.
As part of the plans, heads of state will hold a series of meetings, and a report will be presented on the three nations, Mali, Niger and Burkina Faso currently under military rule.
Foreign Affairs and Finance Ministers, as key stakeholders, are expected to meet to discuss, among other issues, economic cooperation, trade and the establishment of a common platform to eliminate barriers to trade.
“In the shortest possible time, we shall have a common currency, a common standby force, and common institutions that will help us attain full integration,” he said.
He added that a common central bank and other ideals committed to by the founding fathers are actively being pursued.
“There are no contradictions amongst the African masses – only amongst Africa’s elites” – Amilcar…
By Abiola Olawale A two-term Ekiti State Governor and one time minister of Solid Minerals,…
Vice President Professor Naana Jane Opoku-Agyemang issued a soulful call to action, urging Ghanaians to…
*'Why Them, Why Now, Why This Way?'- Chief of Staff Asks Amid Helicopter Crash Grief*…
07/08/25 *On that partly cloudy but dark day,* Carlos Calony and the cameraman of JoyNews…
08/08/25 A nation is wounded in the heart when an unfathomable tragedy befalls. It is…
View Comments
I've been absent for a while, but now I remember why I used to love this site. Thanks, I?¦ll try and check back more often. How frequently you update your web site?
You have observed very interesting details! ps decent website . "Loneliness seems to have become the great American disease." by John Corry.
I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thanks again!
This site is my intake, very good style and design and perfect articles.
Hello! I just would like to give a huge thumbs up for the great info you have here on this post. I will be coming back to your blog for more soon.
With everything that seems to be building inside this particular subject material, your viewpoints are actually relatively radical. On the other hand, I beg your pardon, but I can not subscribe to your entire idea, all be it stimulating none the less. It seems to everyone that your remarks are not entirely validated and in fact you are yourself not wholly confident of the assertion. In any event I did appreciate reading through it.
My brother recommended I would possibly like this blog. He was once entirely right. This put up actually made my day. You can not imagine just how a lot time I had spent for this info! Thanks!