Eight West African Nations Rename Common Currency To Eco
- Eight West African countries have agreed to change the name of their common currency to ‘Eco’ and severed their earlier currency CFA Franc's links to former colonial ruler France.
- Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo currently use the currency. All the countries are former French colonies with the exception of Guinea-Bissau.
