Who is ECOWAS Commission?
The ECOWAS Commission is the engine room of all ECOWAS programmes, projects and activities. This ECOWAS administrative instrument was transformed from an Executive Secretariat to a Commission in 2007 in fulfilment of a decision to that effect taken the previous year in Niamey, Niger Republic.
What is the role of the ECOWAS Commission?
The ECOWAS Commission performs its tasks of designing, coordinating and monitoring the regional integration process with professional competence, thereby helping the member states to improve their implementation of its policy decisions related to economics and trade, and peace and security.
How many commissioners are ECOWAS?
At the helm of the Executive arm of the Community is the President of ECOWAS Commission appointed by the Authority for a non-renewable period of four years. He is assisted by a Vice President and 13 Commissioners.
What is ECOWAS single currency?
The 15-nation Economic Community of West African States (ECOWAS) on Saturday announced 2027 as the new date to launch its single currency, the “eco.” The bloc had planned to launch a common currency this year but postponed the plan due to challenges posed by the coronavirus pandemic.
Who signed the Treaty of Lagos?
In 1851 and with pressure from liberated slaves who now wielded political and business influence, Britain intervened in Lagos in what is now known as the Reduction of Lagos resulting in the installation of Oba Akitoye (and the ouster of Oba Kosoko) who signed the Treaty Between Great Britain and Lagos, 1 January 1852.
Is Kenya under ECOWAS?
The 15 members of the Economic Community of West African States (ECOWAS) are Benin, Burkina Faso, Cabo Verde, Cote d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.
How does Ghana benefit from ECOWAS?
As member of ECOWAS, Ghana benefits from the fact that there are numerous international Economic Partnership Agreements (EPA). Most important one is the ECOWAS-EU EPA, which led to the gradual removal of trade restrictions between the partners.
What are the five objectives of ECOWAS?
List of the aims and objectives of ECOWAS today
- Promotion of Cooperation and development.
- Harmonization of Agricultural, Economic, Monetary and Industrial Policies.
- Abolition of trade restrictions and Customs Duties.
- Establishment of Common Fund.
- Implementation of Infrastructural Schemes.
Which West African country is not a member of ECOWAS?
Member states 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.
Is ECOWAS a customs union?
The implementation of the ECOWAS CET, which began in January 2015 effectively ushered the Community into a customs union on the road to consolidating the West Africa regional market.
Which currency is highest in West Africa?
Ghanaian Cedi: Ghana has the highest exchange rate against the dollar in West Africa.