Central Bank of West African States (BCEAO)

Brief History

Established in October 1962. Reconstituted in November 1973 as the Inter-African Corporation. The treaty on West African Monetary Union came into force in November 1962 and was revised in November 1973. It is the bank of issue and Central Bank of the West African Monetary Union. It is the central bank for the Republic of Benin, Burkina Faso, Ivory Coast, Mali, Niger, Senegal, Togo and, since 1997, Guinea-Bissau.


Tiémoko Meyliet Kone
Terms of office: 6 years; appointed

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