West Africa – UEMOA At a Glance

Historical Background

UEMOA was established on January 10, 1994, in Dakar, with the primary objective of constructing a harmonized and integrated economic space in West Africa. This space ensures total freedom of movement of people, capital, goods, services, and factors of production, as well as the right of exercise and establishment for citizens throughout the community territory.

Membership and Reach

UEMOA consists of eight West African countries: Benin, Burkina Faso, Côte D’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. These member states are unified by the use of a common currency, the FCFA, and common cultural traditions. The union covers an area of 3,506,126 km² and has a population of approximately 120.2 million inhabitants.

Core Activities and Values

UEMOA aims to promote economic integration and development within its member states. This includes the use of a common currency and harmonized business laws, as well as initiatives to increase financial inclusion and economic growth within the region.

Governance Structure

Not available.

Membership Benefits and Services

Not available.

Professional Development Program

Not available.

Supporting Future Finance Professionals

Not available.