which would later become the East African Central Bank that would issue a single currency. The main benefits of a monetary union are the reduction in transaction costs, savings in international ...

The East African Community (EAC) has reconstituted the region’s Monetary Affairs Committee (MAC) following the appointment of new heads of central banks, bringing hope for fresh ideas to re-energise ...

Ecowas has been struggling to keep its membership intact after Mali, Burkina Faso and Niger, all junta-led states, decided to quit the bloc in January and sever ties with France ...