West African Countries Choose New ECO Single Trade Currency

As part of its plans to make Africa a more integrated continent, leaders of the Economic Community of West African States (ECOWAS) have adopted the name 'ECO' for a planned single currency to be used in the region. The 15 member group announced at the end of an ECOWAS summit in Abuja, Nigeria's capital.Six member countries, including Nigeria, Liberia, and Ghana, could be swapping via IFTTT