Guinea opts out of ECOWAS single currency, retains franc

By Nkiruka Nnorom with agency report Guinea has become the first member of the Economic Community of West African States (ECOWAS) to formally opt out of the planned West African single currency, the eco, opting instead to retain its national currency, the Guinean franc. The decis...

The Briefing Africa

August 2, 2026 · 18:59 · 5 min read

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Guinea opts out of ECOWAS single currency, retains franc

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Guinea opts out of ECOWAS single currency, retains franc