Economic Community of West African States
Economic Community of West African States
· Communauté économique des États de l’Afrique de l’Ouest (French) · Comunidade Económica dos Estados da África Ocidental (Portuguese) |
|
Emblem | |
Headquarters | Abuja, Nigeria 9°2′35″N 7°31′32″E |
Official languages | · English
· French · Portuguese |
Member states | 15 members[show] |
Leaders | |
• Chairman | Nana Addo Dankwa Akufo-Addo |
• President of the Commission | Jean-Claude Kassi Brou |
• Speaker of the Parliament | Moustapha Cissé Lô |
Establishment | 28 May 1975 |
• Treaty of Lagos | 28 May 1975[1] |
• Treaty Revision | 24 July 1993 |
Area | |
• Total | 5,114,162 km2 (1,974,589 sq mi) (7th) |
Population | |
• 2015 estimate | 349,154,000 (3rd) |
• Density | 68.3/km2 (176.9/sq mi) |
GDP (PPP) | 2015 estimate |
• Total | US$1.483 trillion[2] (18th) |
• Per capita | US$4,247[3] |
GDP (nominal) | estimate |
• Total | $675 billion[4] 2015 (21st) |
• Per capita | $1,985 |
Currency | · Escudo (CVE)
· Cedi (GHS) b · Dalasi (GMD) b · Franc (GNF) b · Dollar (LRD) c · Naira (NGN) b · Leone (SLL) c · W. African CFA franc (XOF) |
Time zone | UTC+0 to +1 |
Website http://www.ecowas.int/ |
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a. If considered as a single entity.
b. To be replaced by the eco. c. Liberia and Sierra Leone have expressed an interest in joining the eco. |
ECOWAS
The Economic Community of West African States, also known as ECOWAS, is a regional political and economic union of fifteen countries located in West Africa. Collectively, these countries comprise an area of 5,114,162 km2 (1,974,589 sq mi), and in 2015 had an estimated population of over 349 million.
The union was established on 28 May 1975, with the signing of the Treaty of Lagos, with its stated mission to promote economic integration across the region. A revised version of the treaty was agreed and signed on 24 July 1993 in Cotonou.[5] Considered one of the pillar regional blocs of the continent-wide African Economic Community (AEC), the stated goal of ECOWAS is to achieve “collective self-sufficiency” for its member states by creating a single large trade bloc by building a full economic and trading union.
The ECOWAS also serves as a peacekeeping force in the region, with member states occasionally sending joint military forces to intervene in the bloc’s member countries at times of political instability and unrest. In recent years these included interventions in Ivory Coast in 2003, Liberia in 2003, Guinea-Bissau in 2012, Mali in 2013, and The Gambia in 2017.
ECOWAS includes two sub-regional blocs:
The West African Economic and Monetary Union (also known by its French-language acronym UEMOA) is an organisation of eight, mainly French-speaking, states within the ECOWAS which share a customs union and currency union. Established in 1994 and intended to counterbalance the dominance of English-speaking economies in the bloc (such as Nigeria and Ghana), members of UEMOA are mostly former territories of French West Africa. The currency they all use is the CFA franc, which is pegged to the euro.
The West African Monetary Zone (WAMZ), established in 2000, comprises six mainly English-speaking countries within ECOWAS which plan to work towards adopting their own common currency, the eco. In addition, ECOWAS includes the following institutions: ECOWAS Commission, Community Court of Justice,[8] Community Parliament,[9] ECOWAS Bank for Investment and Development (EBID),[9] West African Health Organisation (WAHO),[10] and the Inter-Governmental Action Group against Money Laundering and Terrorism Financing in West Africa (GIABA).
The ECOWAS operates in three co-official languages—French, English, and Portuguese, and consists of two institutions to implement policies: the ECOWAS Commission and the ECOWAS Bank for Investment and Development (EBID), formerly known as the Fund for Cooperation until it was renamed in 2001. In 1976, Cape Verde joined the ECOWAS, while Mauritania withdrew in December 2000, having announced its intention to do so in December 1999.
In 2011, the ECOWAS adopted its development blueprint for the next decade, Vision 2020, and, to accompany it, a Policy on Science and Technology (ECOPOST).
Member states
As of February 2017, ECOWAS has 15 member states; eight of these are French-speaking, five are English-speaking, and two Portuguese-speaking. All current members joined the community as founding members in May 1975, except Cape Verde which joined in 1977. The only former member of ECOWAS is Arabic-speaking Mauritania, which was also one of the founding members in 1975 and decided to withdraw in December 2000.[12] Mauritania recently signed a new associate-membership agreement in August 2017.
Morocco officially requested to join ECOWAS in February 2017.. The application was endorsed in principle at the summit of heads of state in June 2017, but Morocco’s bid for membership was stalled.[18]
Statistics for population, nominal GDP and purchasing power parity GDP listed below are taken from World Bank estimates for 2015, published in December 2016.[19][20][21] Area data is taken from a 2012 report compiled by the United Nations Statistics Division.[22]
ECOWAS Zone A member states | ||||||
Country | Area[22] (km2) |
Population[19] (thousands) |
GDP (nominal)[20] (millions USD) |
GDP (PPP)[21] (millions intl.$) |
Currency | Official language |
Cape Verde | 4,033 | 521 | 1,603 | 3,413 | escudo | Portuguese |
Gambia | 11,295 | 1,991 | 939 | 3,344 | dalasi | English |
Guinea | 245,857 | 12,609 | 6,699 | 15,244 | franc | French |
Guinea-Bissau | 36,125 | 1,844 | 1,057 | 2,685 | CFA franc | Portuguese |
Liberia | 111,369 | 4,503 | 2,053 | 3,762 | dollar | English |
Mali | 1,240,192 | 17,600 | 12,747 | 35,695 | CFA franc | French |
Senegal | 196,712 | 15,129 | 13,610 | 36,625 | CFA franc | French |
Sierra Leone | 72,300 | 6,453 | 4,215 | 10,127 | leone | English |
ECOWAS Zone A total | 1,917,883 | 60,550 | 42,923 | 110,895 | — | — |
ECOWAS Zone B member states | ||||||
Country | Area[22] (km2) |
Population[19] (thousands) |
GDP (nominal)[20] (millions USD) |
GDP (PPP)[21] (millions intl.$) |
Currency | Official language |
Benin | 114,763 | 10,880 | 8,291 | 22,377 | CFA franc | French |
Burkina Faso | 272,967 | 18,106 | 10,678 | 30,708 | CFA franc | French |
Ghana | 238,533 | 27,410 | 37,543 | 115,409 | cedi | English |
Ivory Coast | 322,463 | 22,702 | 31,759 | 79,766 | CFA franc | French |
Niger | 1,267,000 | 19,899 | 7,143 | 19,013 | CFA franc | French |
Nigeria | 923,768 | 182,202 | 481,066 | 1,093,921 | Naira | English |
Togo | 56,785 | 7,305 | 4,088 | 10,667 | CFA franc | French |
ECOWAS Zone B total | 3,196,279 | 277,502 | 580,568 | 1,371,861 | — | — |
Structure
Executive Secretary | Country | In office |
Inaugural holder Aboubakar Diaby Ouattara | Ivory Coast | January 1977 – 1985 |
Momodu Munu | Sierra Leone | 1985–1989 |
Abass Bundu | Sierra Leone | 1989–1993 |
Édouard Benjamin | Guinea | 1993–1997 |
Lansana Kouyaté | Guinea | September 1997 – 31 January 2002 |
Mohamed Ibn Chambas | Ghana | 1 February 2002 – 31 December 2007 |
Mohamed Ibn Chambas | Ghana | 1 January 2007 – 18 February 2010 |
James Victor Gbeho | Ghana | 18 February 2010 – 1 March 2012 |
Kadré Désiré Ouedraogo | Burkina Faso | 1 March 2012 – 4 June 2016 |
Marcel Alain de Souza | Benin | 4 June 2016 – 1 March 2018 |
Chairpersons
Chairperson | Country | In office |
Yakubu Gowon | Nigeria | 28 May 1975 – 29 July 1975 |
Gnassingbé Eyadéma | Togo | 29 July 1975 – 13 September 1977 |
Olusegun Obasanjo | Nigeria | 13 September 1977 – 30 September 1979 |
Léopold Sédar Senghor | Senegal | 30 September 1979 – 31 December 1980 |
Gnassingbé Eyadéma | Togo | 1980–1981 |
Siaka Stevens | Sierra Leone | 1981–1982 |
Mathieu Kérékou | Benin | 1982–1983 |
Ahmed Sékou Touré | Guinea | 1983–1984 |
Lansana Conté | Guinea | 1984–1985 |
Muhammadu Buhari | Nigeria | 1985 – 27 August 1985 |
Ibrahim Babangida | Nigeria | 27 August 1985 – 1989 |
Dawda Jawara | Gambia | 1989–1990 |
Blaise Compaoré | Burkina Faso | 1990–1991 |
Dawda Jawara | Gambia | 1991–1992 |
Abdou Diouf | Senegal | 1992–1993 |
Nicéphore Soglo | Benin | 1993–1994 |
Jerry Rawlings | Ghana | 1994 – 27 July 1996 |
Sani Abacha | Nigeria | 27 July 1996 – 8 June 1998 |
Abdulsalami Abubakar | Nigeria | 9 June 1998 – 1999 |
Gnassingbé Eyadéma | Togo | 1999 – 1999 |
Alpha Oumar Konaré | Mali | 1999 – 21 December 2001 |
Abdoulaye Wade | Senegal | 21 December 2001 – 31 January 2003 |
John Kufuor | Ghana | 31 January 2003 – 19 January 2005 |
Mamadou Tandja | Niger | 19 January 2005 – 19 January 2007 |
Blaise Compaoré | Burkina Faso | 19 January 2007 – 19 December 2008 |
Umaru Musa Yar’Adua | Nigeria | 19 December 2008 – 18 February 2010 |
Goodluck Jonathan | Nigeria | 18 February 2010 – 17 February 2012 |
Alassane Ouattara | Ivory Coast | 17 February 2012 – 17 February 2013 |
John Mahama | Ghana | 17 February 2013 – 19 May 2015 |
Macky Sall | Senegal | 19 May 2015 – 4 June 2016 |
Ellen Johnson Sirleaf | Liberia | 4 June 2016 – 4 June 2017 |
Faure Gnassingbé | Togo | 4 June 2017 – 31 July 2018 |
Muhammadu Buhari | Nigeria | 31 July 2018 – 29 June 2019 |
Mahamadou Issoufou | Niger | 29 June 2019 – 2 June 2020 |
Nana Akufo-Addo | Ghana | 2 June 2020 – present |
Regional security co-operation
See also: Economic Community of West African States Monitoring Group
The ECOWAS nations assigned a non-aggression protocol in 1990 along with two earlier agreements in 1978 and 1981. They also signed a Protocol on Mutual Defence Assistance in Freetown, Sierra Leone, on 29 May 1981, that provided for the establishment of an Allied Armed Force of the Community.[23]
Community Parliament
The Community Parliament consists of 115 members, distributed based on the population of each member state.[24] This body is headed by the Speaker of the Parliament, who is above the Secretary General.
Country | Parliament Seats |
Benin | 5 |
Burkina Faso | 6 |
Cape Verde | 5 |
Ivory Coast | 7 |
Gambia | 5 |
Ghana | 8 |
Guinea | 6 |
Guinea-Bissau | 5 |
Liberia | 5 |
Mali | 6 |
Niger | 6 |
Nigeria | 35 |
Senegal | 6 |
Sierra Leone | 5 |
Togo | Expanded ECOWAS Commission
For the third time since its inception in 1975, ECOWAS is undergoing institutional reforms. The first was when it revised its treaty on 24 July 1993; the second was in 2007 when the Secretariat was transformed into a Commission. As of July 2013, ECOWAS now has six new departments (Human Resources Management; Education, Science and Culture; Energy and Mines; Telecommunications and IT; Industry and Private Sector Promotion. Finance and Administration to Sierra Leone has been decoupled, to give the incoming Ghana Commissioner the new portfolio of Administration and Conferences). Community Court of Justice Main article: ECOWAS Court The ECOWAS Community Court of Justice was created by a protocol signed in 1991 and was later included in Article 6 of the Revised Treaty of the Community in 1993.[26] However, the Court did not officially begin operations until the 1991 protocol came into effect on 5 November 1996. The jurisdiction of the court is outlined in Article 9 and Articles 76 of the Revised Treaty and allows rulings on disputes between states over interpretations of the Revised Treaty. It also provides the ECOWAS Council with advisory opinions on legal issues (Article 10). Like its companion courts, the European Court of Human Rights and East African Court of Justice, it has jurisdiction to rule on fundamental human rights breaches.] PLEASE ADD DROP DOW MANUE HERE Sporting and cultural exchange ECOWAS nations organise a broad array of cultural and sports events under the auspices of the body, including the CEDEAO Cup in football, the 2012 ECOWAS Games and the Miss CEDEAO beauty pageant. |
Economic integration]
West African Economic and Monetary Union (UEMOA) [edit]
See also: CFA franc and Economic and monetary union
UEMOA
WAMZ
ECOWAS only (Cape Verde)
The West African Economic and Monetary Union (also known as UEMOA from its name in French, Union économique et monétaire ouest-africaine) is an organisation of eight, mainly francophone West African states within the ECOWAS, that were dominated otherwise by anglophone heavyweights like Nigeria and Ghana.[28] It was established to promote economic integration among countries that share the CFA franc as a common currency. UEMOA was created by a Treaty signed at Dakar, Senegal, on 10 January 1994, by the heads of state and governments of Benin, Burkina Faso, Côte d’Ivoire, Mali, Niger, Senegal, and Togo. On 2 May 1997, Guinea-Bissau, a former Portuguese colony, became the organisation’s eighth (and only non-francophone) member state.
UEMOA is a customs union and currency union between the members of ECOWAS. Its objectives include:
Greater economic competitiveness, through open markets, in addition to the rationalisation and harmonisation of the legal environment
The convergence of macro-economic policies and indicators
The creation of a common market
The co-ordination of sectoral policies
The harmonisation of fiscal policies
Among its achievements, the UEMOA has successfully implemented macro-economic convergence criteria and an effective surveillance mechanism. It has adopted a customs union and common external tariff and has combined indirect taxation regulations, in addition to initiating regional structural and sectoral policies. A September 2002 IMF survey cited the UEMOA as “the furthest along the path toward integration” of all the regional groupings in Africa.
ECOWAS and UEMOA have developed a common plan of action on trade liberalisation and macroeconomic policy convergence. The organizations have also agreed on common rules of origin to enhance trade, and ECOWAS has agreed to adopt UEMOA’s customs declaration forms and compensation mechanisms.[31]
Membership
ECOWAS Bank for Investment and Development headquarters in Lomé.
- Benin (Founding Member)
- Burkina Faso (Founding Member)
- Ivory Coast (Founding Member)
- Guinea-Bissau (Joined on 2 May 1997)
- Mali (Founding Member)
- Niger (Founding Member)
- Senegal (Founding Member)
- Togo (Founding Member)
West African Monetary Zone]
See also: Eco (currency)
Formed in 2000, the West African Monetary Zone (WAMZ) is a group of six countries within ECOWAS that plan to introduce a common currency called the Eco.[32] The six member states of WAMZ are Gambia, Ghana, Guinea, Nigeria and Sierra Leone who founded the organisation together in 2000 and Liberia who joined on 16 February 2010. Apart from Guinea, which is francophone, they are all English-speaking countries. Along with Mauritania, Guinea opted out of the CFA franc currency shared by all other former French colonies in West and Central Africa.
The WAMZ attempts to establish a strong stable currency to rival the CFA franc, whose exchange rate is tied to that of the euro and is guaranteed by the French Treasury. The eventual goal is for the CFA franc and eco to merge, giving all of West and Central Africa a single, stable currency. The launch of the new currency is being developed by the West African Monetary Institute based in Accra, Ghana.
Membership
- Gambia (Founding Member)
- Ghana (Founding Member)
- Guinea (Founding Member)
- Liberia (Joined on 16 February 2010)
- Nigeria (Founding Member)
- Sierra Leone (Founding Member)
Transport
Main article: ECOWAS rail
A Trans-ECOWAS project, established in 2007, plans to upgrade railways in this zone. Brown card system – motor insurance scheme of ECOWAS
- East African Community
- Economy of Africa
- Intergovernmental Authority on Development
- Southern African Development Community(SADC)
- Common Market for Eastern and Southern Africa(COMESA)
- Economic Community of Central African States(ECCAS)
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Authority control | · BNF: cb123136476 (data)
· CiNii: DA08592650 · NKC: kn20050427026 |
Economic Community of West African States
Organizations established in 1975
International economic organizations
International organizations based in Africa
Regional Economic Communities of the African Union