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West African Regional Bloc Adopts New Plan to Launch Eco Single Currency in 2027
from DAWN
since 2020, with 700,000 to go, all aimed at cooling the city and preventing landslides.
She trains unemployed youth to start businesses collecting waste using tricycle carts, opening up former dump site for transformation to community gardens. "So many people are scrambling for land as the city keeps expanding and deforestation increases," Kargbo said.
In her new year-long role, Kargbo hopes to
expand her existing projects and collect a raft of new heat and housing data to help the city
plot a strategy for the long term. "Climate change is on our doorstep and we are seeing it already impact farmers, food security and people's health and safety," said Kargbo."We need to innovate to reduce health impacts on the most vulnerable." https://baloboba.blogspot.com/2021/10/africasfi rst-chief-heat-offi cer-on.html Source: Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers the lives of people around the world who struggle to live freely or fairly. Visit <a href="http://news. trust.org" target="_blank">https://ift.tt/395i6L9> Image credit: therealistwoman.com, Freetown City Council
ECOWAS commissioner Jean-Claude Brou at an ECOWAS G5 security summit in Ouagadougou, Burkina Faso, in 2019. © Issouf Sanogo, AFP
By NEWS WIRES
A group of fifteen West African countries have adopted a new road map to launch a single currency in 2027 after its previous plans were derailed by the coronavirus pandemic.
THE NEW ROAD MAP was agreed by heads of state of the Economic Community of West African States (ECOWAS), Jean-Claude Kassi Brou, president of the ECOWAS Commission, told a news conference after a summit of the leaders in Ghana on Saturday
The countries hope a single currency will help to boost trade and economic growth
"Due to the shock of the pandemic, the heads of state had decided to suspend the implementation of the convergence pact in 2020-2021" Brou said. "We have a new road map and a new convergence pact that will cover the period between 2022-2026, and 2027 being the launch of the Eco," he said, referring to the name of the new currency.
Nigeria, the largest economy in West Africa, currently operates a managed float for its currency, while eight others including top cocoa producer Ivory Coast, use the France-backed CFA, pegged to the euro.
https://amp-france24-com.cdn.ampproject.org/v/s/amp. france24.com/en/africa/20210619-west-african-regionalbloc-adopts-new-plan-to-launch-eco-single-currencyin-20277