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ECOWAS


ECOWAS



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
HeadquartersAbuja, Nigeria 9°2′35″N 7°31′32″E
Official languages·         English

·         French

·         Portuguese

Member states15 members[show]
Leaders
• ChairmanNana Addo Dankwa Akufo-Addo
• President of the CommissionJean-Claude Kassi Brou
• Speaker of the ParliamentMoustapha Cissé Lô
Establishment28 May 1975
• Treaty of Lagos28 May 1975[1]
• Treaty Revision24 July 1993
Area
• Total5,114,162 km2 (1,974,589 sq mi) (7th)
Population
• 2015 estimate349,154,000 (3rd)
• Density68.3/km2 (176.9/sq mi)
GDP (PPP)2015 estimate
• TotalUS$1.483 trillion[2] (18th)
• Per capitaUS$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 zoneUTC+0 to +1
Website
http://www.ecowas.int/
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 2003Liberia in 2003Guinea-Bissau in 2012Mali 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
CountryArea[22]
(km2)
Population[19]
(thousands)
GDP (nominal)[20]
(millions USD)
GDP (PPP)[21]
(millions intl.$)
CurrencyOfficial
language
 Cape Verde4,0335211,6033,413escudoPortuguese
 Gambia11,2951,9919393,344dalasiEnglish
 Guinea245,85712,6096,69915,244francFrench
 Guinea-Bissau36,1251,8441,0572,685CFA francPortuguese
 Liberia111,3694,5032,0533,762dollarEnglish
 Mali1,240,19217,60012,74735,695CFA francFrench
 Senegal196,71215,12913,61036,625CFA francFrench
 Sierra Leone72,3006,4534,21510,127leoneEnglish
ECOWAS Zone A total1,917,88360,55042,923110,895


























































































ECOWAS Zone B member states
CountryArea[22]
(km2)
Population[19]
(thousands)
GDP (nominal)[20]
(millions USD)
GDP (PPP)[21]
(millions intl.$)
CurrencyOfficial
language
 Benin114,76310,8808,29122,377CFA francFrench
 Burkina Faso272,96718,10610,67830,708CFA francFrench
 Ghana238,53327,41037,543115,409cediEnglish
 Ivory Coast322,46322,70231,75979,766CFA francFrench
 Niger1,267,00019,8997,14319,013CFA francFrench
 Nigeria923,768182,202481,0661,093,921NairaEnglish
 Togo56,7857,3054,08810,667CFA francFrench
ECOWAS Zone B total3,196,279277,502580,5681,371,861

Structure




























































Executive SecretaryCountryIn office
Inaugural holder Aboubakar Diaby Ouattara Ivory CoastJanuary 1977 – 1985
Momodu Munu Sierra Leone1985–1989
Abass Bundu Sierra Leone1989–1993
Édouard Benjamin Guinea1993–1997
Lansana Kouyaté GuineaSeptember 1997 – 31 January 2002
Mohamed Ibn Chambas Ghana1 February 2002 – 31 December 2007
Mohamed Ibn Chambas Ghana1 January 2007 – 18 February 2010
James Victor Gbeho Ghana18 February 2010 – 1 March 2012
Kadré Désiré Ouedraogo Burkina Faso1 March 2012 – 4 June 2016
Marcel Alain de Souza Benin4 June 2016 – 1 March 2018

 Chairpersons























































































































































































ChairpersonCountryIn office
Yakubu Gowon Nigeria28 May 1975 – 29 July 1975
Gnassingbé Eyadéma Togo29 July 1975 – 13 September 1977
Olusegun Obasanjo Nigeria13 September 1977 – 30 September 1979
Léopold Sédar Senghor Senegal30 September 1979 – 31 December 1980
Gnassingbé Eyadéma Togo1980–1981
Siaka Stevens Sierra Leone1981–1982
Mathieu Kérékou Benin1982–1983
Ahmed Sékou Touré Guinea1983–1984
Lansana Conté Guinea1984–1985
Muhammadu Buhari Nigeria1985 – 27 August 1985
Ibrahim Babangida Nigeria27 August 1985 – 1989
Dawda Jawara Gambia1989–1990
Blaise Compaoré Burkina Faso1990–1991
Dawda Jawara Gambia1991–1992
Abdou Diouf Senegal1992–1993
Nicéphore Soglo Benin1993–1994
Jerry Rawlings Ghana1994 – 27 July 1996
Sani Abacha Nigeria27 July 1996 – 8 June 1998
Abdulsalami Abubakar Nigeria9 June 1998 – 1999
Gnassingbé Eyadéma Togo1999 – 1999
Alpha Oumar Konaré Mali1999 – 21 December 2001
Abdoulaye Wade Senegal21 December 2001 – 31 January 2003
John Kufuor Ghana31 January 2003 – 19 January 2005
Mamadou Tandja Niger19 January 2005 – 19 January 2007
Blaise Compaoré Burkina Faso19 January 2007 – 19 December 2008
Umaru Musa Yar'Adua Nigeria19 December 2008 – 18 February 2010
Goodluck Jonathan Nigeria18 February 2010 – 17 February 2012
Alassane Ouattara Ivory Coast17 February 2012 – 17 February 2013
John Mahama Ghana17 February 2013 – 19 May 2015
Macky Sall Senegal19 May 2015 – 4 June 2016
Ellen Johnson Sirleaf Liberia4 June 2016 – 4 June 2017
Faure Gnassingbé Togo4 June 2017 – 31 July 2018
Muhammadu Buhari Nigeria31 July 2018 – 29 June 2019
Mahamadou Issoufou Niger29 June 2019 – 2 June 2020
Nana Akufo-Addo Ghana2 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.






































































CountryParliament Seats
 Benin5
 Burkina Faso6
 Cape Verde5
 Ivory Coast7
 Gambia5
 Ghana8
 Guinea6
 Guinea-Bissau5
 Liberia5
 Mali6
 Niger6
 Nigeria35
 Senegal6
 Sierra Leone5
 TogoExpanded 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 BeninBurkina FasoCôte d'IvoireMaliNigerSenegal, 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.


 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 GambiaGhanaGuineaNigeria 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


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


References ^ "African Union". Archived from the original on 17 October 2015. Retrieved 26 October 2014.

  1. ^ "GDP, PPP (current international $) | Table". World Bank. Retrieved 8 August 2014.

  2. ^ "GNI per capita, PPP (current international $) | Table". World Bank. Retrieved 8 August 2014.

  3. ^ "GDP (current US$) | Table". World Bank. Retrieved 8 August2014.

  4. ^Odeyemi, Temitayo Isaac (2020), Oloruntoba, Samuel Ojo (ed.), "Regional Integration and the Political Economy of Morocco's Desire for Membership in the Economic Community of West African States (ECOWAS)", Pan Africanism, Regional Integration and Development in Africa, Springer International Publishing, pp. 97–123, doi:1007/978-3-030-34296-8_6ISBN 978-3-030-34295-1

  5. ^Adeyemi, Segun (6 August 2003). "West African Leaders Agree on Deployment to Liberia". Jane's Defence Weekly.

  6. ^"The 5 previous West African military interventions". Yahoo News. AFP. 20 January 2017. Retrieved 27 January 2017.

  7. ^"CCJ Official Website".

  8. Jump up to:ab "Economic Community of West African States(ECOWAS) | ".

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  10. ^"Welcome !". GIABA. Retrieved 16 October 2019.

  11. Jump up to:ab Pazzanita, Anthony (2008). Historical Dictionary of MauritaniaScarecrow Press. pp. 177–178. ISBN 978-0-8108-6265-4.

  12. ^Odeyemi, Temitayo Isaac (2020), Oloruntoba, Samuel Ojo (ed.), "Regional Integration and the Political Economy of Morocco's Desire for Membership in the Economic Community of West African States (ECOWAS)", Pan Africanism, Regional Integration and Development in Africa, Springer International Publishing, pp. 97–123, doi:1007/978-3-030-34296-8_6ISBN 978-3-030-34295-1

  13. ^Okanla, Karim. "Like a magnet". D+C, Development and Cooperation.

  14. ^"Afrique". Diplomatie.ma. 24 February 2017. Archived from the originalon 6 March 2019.

  15. ^"Togolese president Faure Gnassingbe takes the reins of the ECOWAS Authority of Heads of State and Government". 7 June 2017. Retrieved 15 June 2017.

  16. ^Odeyemi, Temitayo Isaac (2020), Oloruntoba, Samuel Ojo (ed.), "Regional Integration and the Political Economy of Morocco's Desire for Membership in the Economic Community of West African States (ECOWAS)", Pan Africanism, Regional Integration and Development in Africa, Springer International Publishing, pp. 97–123, doi:1007/978-3-030-34296-8_6ISBN 978-3-030-34295-1

  17. ^Imru AL Qays Talha Jebril (13 February 2020). "Morocco-ECOWAS: Good intentions are not enough". Moroccan Institute for Policy Analysis.

  18. Jump up to:ab c "Population 2015" (PDF)World Bank. 16 December 2016. Retrieved 27 January 2017.

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  20. Jump up to:ab c "Gross domestic product 2015, PPP" (PDF)World Bank. 16 December 2016. Retrieved 27 January 2017.

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  34. ^Proposed Ecowas railway Archived 24 October 2009 at the Wayback Machine. railwaysafrica.com.









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·         WorldCat Identitieslccn-n80060817


Economic Community of West African States

Organizations established in 1975

African Union

International economic organizations

International organizations based in Africa

Regional Economic Communities of the African Union

Trade blocs

Organizations based in Abuja

United Nations General Assembly observers

Supranational unions

Customs unions

1975 establishments in Africa