ECO: UNE AVANCEE MAJEURE POUR UNE INTEGRATION DURABLE EN AFRIQUE DE L’OUEST

Abstract

The introduction of the Eco, the prospective single currency of ECOWAS, marks a significant milestone in the process of economic integration in West Africa. For several decades, the nations of the region have expressed their desire to strengthen monetary cooperation in order to boost trade, ensure greater economic stability, and enhance financial independence. However, the transition to a single currency faces obstacle linked to economic convergence, divergent monetary policies, and complex relations with France and the euro. This study examines the challenges and prospects associated with the implementation of the Eco for sustainable integration in West Africa. The objective is to analyse the viability of this common currency and its potential impact on regional economic stability. Drawing on a qualitative approach, the study uses documentary sources, economic analyses, and interviews with experts in regional integration. The findings indicate that, despite its potential to strengthen the regional economy, the Eco faces persistent structural challenges, and its success will largely depend on sustained political will, effective macroeconomic convergence, and credible regional monetary governance.