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WAEMU
The West African Economic and Monetary Union, generally referred in English to by its French acronym UEMOA (for Union Économique et Monétaire Ouest-Africaine) and alternatively as WAEMU, is a treaty-based arrangement binding together eight West African states within the larger Economic Community of West African States, seven of which were previously colonies of French West Africa. It was established to promote monetary and financial stability as well as economic integration among countries that share the West African CFA franc (ISO 4217: XOF) as a common currency. From 1962 to 1994, it was known as the West African Monetary Union (WAMU or, in French, UMOA for ''Union Monétaire Ouest-Africaine''). Territorially, UEMOA mostly overlaps with another regional organization, the Economic Community of West African States, ECOWAS. UEMOA common institutions include its Council of Heads of State () and Council of Ministers; Commission, Court of Justice, and Court of Accounts (all in Ou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abidjan
Abidjan ( , ; N'Ko script, N'ko: ߊߓߌߖߊ߲߬) is the largest city and the former capital of Ivory Coast. As of the Demographics of Ivory Coast, 2021 census, Abidjan's population was 6.3 million, which is 21.5 percent of the overall population of the country, making it the sixth most populous city proper in Africa, after Lagos, Cairo, Kinshasa, Dar es Salaam, and Johannesburg. A cultural crossroads of West Africa, Abidjan is characterised by a high level of industrialisation and urbanisation. It is the most populous French language, French-speaking city in West Africa. The city expanded quickly after the construction of a new wharf in 1931, followed by its designation as the capital city of the then-French colony in 1933. The completion of the Vridi Canal in 1951 enabled Abidjan to become an important sea port. Abidjan remained the capital of Ivory Coast after its independence from France in 1960. In 1983, the city of Yamoussoukro was designated as the official political capita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West African Development Bank
The West African Development Bank - WADB (fr. Banque Ouest Africaine de Développement - BOAD / pt. Banco de Desenvolvimento do Oeste Africano - BDOA) was established in 1973 to serve the nations of Francophone and Lusophone West Africa. The BOAD is organised by the Central Bank of West African States and its eight member governments: Benin, Burkina Faso, Guinea Bissau, Côte d'Ivoire, Mali, Niger, Senegal and Togo. It is funded by member states, foreign governments and international agencies. Its headquarters are in Lomé, Togo. Creation The BOAD was created on 14 November 1973 by member states of the West African Monetary Union (WAMU). The original charter focused on development of member economies towards balanced development and to prepare economies for future West African economic integration. In 1994, it became the development arm of the West African Economic and Monetary Union (WAEMU/UEMOA). Structure Since that time several international organisations have become mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burkina Faso
Burkina Faso is a landlocked country in West Africa, bordered by Mali to the northwest, Niger to the northeast, Benin to the southeast, Togo and Ghana to the south, and Ivory Coast to the southwest. It covers an area of 274,223 km2 (105,878 sq mi). In 2024, the country had an estimated population of approximately 23,286,000. Previously called the Republic of Upper Volta (1958–1984), it was Geographical renaming, renamed Burkina Faso by then-List of heads of state of Burkina Faso, president Thomas Sankara. Its citizens are known as Burkinabes, and its Capital city, capital and largest city is Ouagadougou. The largest ethnic group in Burkina Faso is the Mossi people, who settled the area in the 11th and 13th centuries. They established powerful Mossi Kingdoms, kingdoms such as Ouagadougou, Tenkodogo, and Yatenga. In 1896, it was Colonization, colonized by the French colonial empire, French as part of French West Africa; in 1958, Upper Volta became a self-governing colony wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mali
Mali, officially the Republic of Mali, is a landlocked country in West Africa. It is the List of African countries by area, eighth-largest country in Africa, with an area of over . The country is bordered to the north by Algeria, to the east by Niger, to the northwest by Mauritania, to the south by Burkina Faso and Ivory Coast, and to the west by Guinea and Senegal. The population of Mali is about 23.29 million, 47.19% of which are estimated to be under the age of 15 in 2024. Its Capital city, capital and largest city is Bamako. The country has 13 official languages, of which Bambara language, Bambara is the most commonly spoken. The sovereign state's northern borders reach deep into the middle of the Sahara, Sahara Desert. The country's southern part, where the majority of inhabitants live, is in the Sudanian savanna and has the Niger River, Niger and Senegal River, Senegal rivers running through it. The country's economy centres on agriculture and mining with its most promine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ivory Coast
Ivory Coast, also known as Côte d'Ivoire and officially the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital city of Yamoussoukro is located in the centre of the country, while its largest List of cities in Ivory Coast, city and economic centre is the port city of Abidjan. It borders Guinea to the Guinea–Ivory Coast border, northwest, Liberia to the Ivory Coast–Liberia border, west, Mali to the Ivory Coast–Mali border, northwest, Burkina Faso to the Burkina Faso–Ivory Coast border, northeast, Ghana to the Ghana–Ivory Coast border, east, and the Atlantic Ocean's Gulf of Guinea to the south. With 31.5 million inhabitants in 2024, Ivory Coast is the List of African countries by population, third-most populous country in West Africa. Its official language is French language, French, and indigenous languages are also widely used, including Bété languages, Bété, Baoulé language, Baoulé, Dyula language, Dyula, Dan language, Da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benin
Benin, officially the Republic of Benin, is a country in West Africa. It was formerly known as Dahomey. It is bordered by Togo to the west, Nigeria to the east, Burkina Faso to the north-west, and Niger to the north-east. The majority of its population lives on the southern coastline of the Bight of Benin, part of the Gulf of Guinea in the northernmost tropical portion of the Atlantic Ocean. The capital is Porto-Novo, and the seat of government is in Cotonou, the most populous city and economic capital. Benin covers an area of , and its population in was estimated to be approximately million. It is a tropical country with an economy heavily dependent on agriculture and is an exporter of palm oil and cotton. From the 17th to the 19th century, political entities in the area included the Kingdom of Dahomey, the city-state of Porto-Novo#History, Porto Novo, and other states to the north. This region was referred to as the Slave Coast of West Africa from the early 17th century due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institut D'Émission De L'Afrique Occidentale Française Et Du Togo
An institute is an organizational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can be part of a university or other institutions of higher education, either as a group of departments or an autonomous educational institution without a traditional university status such as a "university institute", or institute of technology. In some countries, such as South Korea and India, private schools are sometimes referred to as institutes; also, in Spain, secondary schools are referred to as institutes. Historically, in some countries, institutes were educational units imparting vocational training and often incorporating libraries, also known as mechanics' institutes. The word "institute" comes from the Latin word ''institutum'' ("facility" or "habit"), in turn derived from ''instituere'' ("build", "create", "raise" or "educat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque De L'Afrique Occidentale
The (BAO, ), known from 1853 to 1901 as Banque du Sénégal and from 1965 to 1990 as the Banque Internationale pour l'Afrique Occidentale (BIAO), was a bank headquartered in Dakar. During most of its history it was the main or only commercial bank and bank of issue in French Senegal and French West Africa. Following the independence of most of France’s sub-Saharan African colonies in 1960, the bank remained a major financial institution and was present in 17 African countries by the late 1980s, when it experienced financial turmoil and was eventually dismantled in a restructuring led by the Banque Nationale de Paris. Banque du Sénégal The Banque du Sénégal was founded by decree of Napoleon III of , which established it as a discount and credit bank. It started operations in 1855 in Saint-Louis, by then the capital of French Senegal, under the rule of governor Louis Faidherbe. In 1867 the bank opened an agency in Gorée, the region's other trading center under Frenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Indochinese Piastre
The piastre de commerce ("trade piastre") was the currency of French Indochina between 1887 and 1954. It was first used in 1885. It was subdivided into 100 ''cents'', each of 2~6 '' sapèques''. The name '' piastre'' (), from Spanish pieces of eight (pesos), dates to the 16th century and has been used as the name of many different historical units of currency. Denominations The currency of French Indochina was divided into the ''piastre'', ''cent'' / ''centime'', and '' sapèque'' units. One ''piastre'' equals 100 cents and one cent equals between 2 and 6 ''sapèques'' depending on the dynasty and reign era.Phạm Thăng. Tiền tệ Việt Nam theo dòng lịch sử. Toronto, Canada. Date: 1995. (in Vietnamess). Page 159. According to that ratio, a French Indochinese piastre coin is worth from 200 to 600 traditional Vietnamese cash coins. The obverse of the banknotes and coins were inscribed in the French language, while the reverse side had inscriptions written in Tradi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CFP Franc
The CFP franc (French language, French: , called the ''franc'' in everyday use) is the currency used in the France, French overseas collectivity, overseas collectivities (, or COM) of French Polynesia, New Caledonia, and Wallis and Futuna. The initials ''CFP'' originally stood for () but since 2022 is officially (). Its ISO 4217 currency code is ''XPF''. The CFP franc is subdivided into 100 centimes, although there are no centime denominations. The currency is issued by ''Institut d'émission d'outre-mer'' (IEOM). History 1945–1949 The CFP franc was created in December 1945, together with the CFA franc, used in Africa, because of the weakness of the French franc immediately after the World War II, Second World War. When France ratified the Bretton Woods system, Bretton Woods Agreement in December 1945, the French franc was devalued in order to set a fixed exchange rate with the United States dollar, US dollar. New currencies were created in the French colonies to spare ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CFA Franc
CFA franc (, ) is the name of two currencies used by 210 million people (as of 2023) in fourteen African countries: the West African CFA franc (where "CFA" stands for , i.e. "African Financial Community" in English), used in eight West African countries, and the Central African CFA franc (where "CFA" stands for , i.e. "Financial Cooperation in Central Africa" in English), used in six Central African countries. The ISO currency codes are XOF for the West African CFA franc and XAF for the Central African CFA franc. Although the two currencies are commonly called ''CFA franc'' and (currently) have the same value, they are not interchangeable. It is therefore not a common monetary zone but two juxtaposed zones. Both CFA francs have a fixed exchange rate (peg) to the euro guaranteed by France: €1 = F.CFA 655.957 exactly. To ensure this convertibility guarantee, member countries were required to deposit half of their foreign exchange reserves with the French Treasury, but this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
