Guinea opts out of planned ECOWAS single currency, the eco
The 12 member West African economic bloc is set to launch the monetary union and eco currency in July 2027.
Guinea is the first member state to announce it will retain its national currency, the Guinean franc.
The bloc is set to meet again in December to resolve outstanding issues, particularly around the future central bank, decision-making rules, and which countries will adopt the eco first.
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