Single currency for West Africa "well on course"

The West African Monetary Institute (WAMI) says the planned convergence of a single currency by member countries of the West African Monetary Zone (WAMZ) is well on course. "Following the landmark decisions in Bamako, Mali, in December 2000, establishing the WAMI, notable developments in the WAMZ programme have taken place," Dr M O Ojo, Director-General, WAMI. said on Monday.

Briefing newsmen on the monetary intervention at the institute in Accra, Dr Ojo said among the frameworks already prepa