West Africa trade will take a hit as Mali, Niger and Burkina Faso leave Ecowas
THE membership of the Economic Community of West African States (Ecowas) has been whittled down from 15 to 12 following the unilateral withdrawal of Niger, Mali and Burkina Faso in February. Founded in 1975, Ecowas is one of eight regional economic communities recognised by the African Union to foster regional integration on the continent. Its main objective is to create a single, large trading bloc through economic cooperation. Since 1975, Ecowas and its sister organisation the West African Economic and Monetary Union (known by its French acronym, Uemoa) have implemented numerous policies aimed at improving how west African countries trade…