ECOWAS confirms the ECO currency will launch in 2027 for states meeting convergence criteria, with Ghana, Nigeria, and four others named as potential first-wave adopters.
Africa · Western
Key Facts
—2027 Launch Confirmed. ECOWAS heads of state reiterated at their July 2026 summit in Sierra Leone that the ECO will launch in 2027.
—Multi-Speed Rollout. Only member states that meet economic convergence criteria and are deemed “ready” will adopt the currency in the first phase.
—Ghana in Core Group. Ghana is explicitly cited alongside Nigeria, Sierra Leone, Liberia, Guinea, and The Gambia as a potential first-wave adopter, pending compliance.
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