About Central Bank of West African States (BCEAO)
The Central Bank of West African States (BCEAO) is an international public institution headquartered in Dakar, Senegal. It is the issuing institute common to the member states of the West African Monetary Union (UMOA). When it was created on May 12, 1962, it brought together the Republics of Côte d’Ivoire, Dahomey, Upper Volta, Mali, Niger, Mauritania, Senegal and the Togolese Republic.
The BCEAO enjoys the exclusive privilege of issuing money in all the member states of the West African Monetary Union. It issues monetary signs, notes and coins, which are legal tender and have legal tender in all the Member States of the Union. The creation, issue and cancellation of monetary signs are decided by the Council of Ministers… Continue reading about Central Bank of West African States (BCEAO) here.
Website: https://www.bceao.int/
