Crisis hit ECOWAS currency as French-speaking W/Africa adopts ECO

N igeria and five other English-speaking West African countries have condemned the decision of their French-speaking counterparts to unilaterally rename the CFA Franc as ECO by 2020.     This came as the French President Emmanuel Macron during a recent visit to Ivory Coast announced at a joint news conference with the Ivorian President that France is working towards revamping the CFA franc. CFA Franc, known as “Colonies Francaises d’Afrique,” was established in 1945.     The currency was initially pegged to the French franc, but has been linked to…