Central Bank Of The West African States
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Central Bank Of The West African States
The Central Bank of West African States (french: Banque Centrale des États de l'Afrique de l'Ouest, BCEAO) is a central bank serving the eight west African countries which share the common West African CFA franc currency and comprise the West African Economic and Monetary Union (UEMOA): *Benin *Burkina Faso *Guinea-Bissau * Ivory Coast (Côte d'Ivoire) *Mali *Niger *Senegal *Togo The Bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. History Its predecessor, the ("note-issuing institute of French West Africa and Togo"), was created in 1955 and became BCEAO in 1959. The treaty establishing the West African Monetary Union (UMOA), signed on May 12, 1962, gave BCEAO the exclusive right to issue currency as the common central bank for the, then, seven member countries: * Ivory Coast * Dahomey (modern day Benin) * Haute-Volta (modern day Burkina Faso) *Mali * Mauritania *Niger *Senegal On June 30, 1962 Mali left the gr ...
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Dakar
Dakar ( ; ; wo, Ndakaaru) (from daqaar ''tamarind''), is the capital and largest city of Senegal. The city of Dakar proper has a population of 1,030,594, whereas the population of the Dakar metropolitan area is estimated at 3.94 million in 2021. The area around Dakar was settled in the 15th century. The Portuguese established a presence on the island of Gorée off the coast of Cap-Vert and used it as a base for the Atlantic slave trade. France took over the island in 1677. Following the abolition of the slave trade and French annexation of the mainland area in the 19th century, Dakar grew into a major regional port and a major city of the French colonial empire. In 1902, Dakar replaced Saint-Louis as the capital of French West Africa. From 1959 to 1960, Dakar was the capital of the short-lived Mali Federation. In 1960, it became the capital of the independent Republic of Senegal. History The Cap-Vert peninsula was settled no later than the 15th century, by the Lebu peop ...
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Financial Inclusion
Financial inclusion is defined as the availability and equality of opportunities to access financial services. It refers to a process by which individuals and businesses can access appropriate, affordable, and timely financial products and services. These include banking, loan, equity, and insurance products. Financial inclusion efforts typically target those who are unbanked and underbanked, and directs sustainable financial services to them. Financial inclusion is understood to go beyond merely opening a bank account. It is possible for banked individuals to be excluded from financial services. Having more inclusive financial systems has been linked to stronger and more sustainable economic growth and development and thus achieving financial inclusion has become a priority for many countries across the globe. In 2018, it was estimated that about 1.7 billion adults lacked a bank account. Among those who are un-banked a significant number were women and poor people in rural areas a ...
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Jean-Baptiste Compaoré
Jean-Baptiste is a male French name, originating with Saint John the Baptist, and sometimes shortened to Baptiste. The name may refer to any of the following: Persons * Charles XIV John of Sweden, born Jean-Baptiste Jules Bernadotte, was King of Sweden and King of Norway * Charles-Jean-Baptiste Bouc, businessman and political figure in Lower Canada * Felix-Jean-Baptiste-Joseph Nève, orientalist and philologist * Gui-Jean-Baptiste Target, French lawyer and politician * Hippolyte Jean-Baptiste Garneray, French painter * Jean-Baptiste (songwriter), American music record producer, singer-songwriter * Jean-Baptiste Alphonse Karr, French critic, journalist, and novelist * Jean-Baptiste Bagaza, chairman of Supreme Revolutionary Council in Burundi until 1976 and president of Burundi (1976-1987) * Jean-Baptiste Baudry, son of Guillaume Baudry, Canadian gunsmith bevear goldsmith * Jean-Baptiste Benoît Eyriès, French geographer, author and translator * Jean-Baptiste Bessières, duke ...
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Justin Damo Baro
Justin may refer to: People * Justin (name), including a list of persons with the given name Justin * Justin (historian), a Latin historian who lived under the Roman Empire * Justin I (c. 450–527), or ''Flavius Iustinius Augustus'', Eastern Roman Emperor who ruled from 518 to 527 * Justin II (c. 520–578), or ''Flavius Iustinius Iunior Augustus'', Eastern Roman emperor who ruled from 565 to 578 * Justin (magister militum per Illyricum) (''fl.'' 538–552), a Byzantine general * Justin (Moesia), a Byzantine general killed in battle in 528 * Justin (consul 540) (c. 525–566), a Byzantine general * Justin Martyr (103–165), a Christian martyr * Justin (gnostic), 2nd-century Gnostic Christian; sometimes confused with Justin Martyr * Justin the Confessor (d 269) * Justin of Chieti, venerated as an early bishop of Chieti, Italy * Justin of Siponto (c. 4th century), venerated as Christian martyrs by the Catholic Church * Justin de Jacobis (1800–1860), an Italian Lazarist missionar ...
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Charles Konan Banny
Charles Konan Banny (11 November 1942 – 10 September 2021)Biography at BCEAO website
was an Ivorian politician, who served as from 7 December 2005 until 4 April 2007.


Life and career

Banny joined the (BCEAO) in 1976, holding various positions in the Bank over the years. In 1988 he became Special Advisor to the Governor of BCEAO. After BCEAO Governor

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Alassane Ouattara
Alassane Dramane Ouattara (; ; born 1 January 1942) is an Ivorian politician who has been President of Ivory Coast (Côte d'Ivoire) since 2010. An economist by profession, Ouattara worked for the International Monetary Fund (IMF)"Ivory Coast's Alassane Ouattara in profile"
, , 11 April 2011.
and the (french: Banque Centrale des Etats de l'Afrique de l'Ouest, BCEAO), and he was the

Abdoulaye Fadiga
Abdoulaye is a West African masculine given name and surname. It is equivalent to the Arabic names Abdallah or Abdullah ( ar, عبد الله ''ʿAbdu-llahi''; ''servant of God''), given name of Muhammad's father. People with this name include: Given name Footballers * Abdoulaye Keita (Guinean footballer), Guinean goalkeeper of the 1970s and 1980s * Abdoulaye Sarr (born 1951), Senegalese coach *Abdoulaye Kaloga (born 1959), Malian midfielder * Abdoulaye Sogue (born 1965), Senegalese striker *Abdoulaye Traoré (Ivorian footballer) (born 1967), striker * Abdoulaye Traoré (Burkinabé footballer) (born 1974), midfielder *Abdoulaye Coulibaly (footballer born 1976), Ivorian defender *Abdoulaye Demba (born 1976), Malian forward *Abdoulaye Faye (born 1978), Senegalese defender * Abdoulaye Khouma Keita (born 1978), Senegalese defender *Abdoulaye Soulama (born 1979), Burkinabé goalkeeper *Abdoulaye Camara (born 1980), Malian defender *Abdoulaye Méïté (born 1980), Ivorian centre-back * A ...
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Robert Julienne
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It can be use ...
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Ouguiya
The ouguiya ( ar, rtl=yes, 1=أوقية موريتانية, links=, lit=, translit= (); sign: UM; code: MRU), at one time spelled "ougiya", is the currency of Mauritania. Each ouguiya constitutes five khoums (meaning "one fifth"). As such it is one of two circulating currencies, along with the Malagasy ariary, whose division units are not based on a power of ten. The current ouguiya was introduced in 2018, replacing the old ouguiya at a rate of 1 new ouguiya = 10 old ouguiya, which in turn replaced the CFA franc at a rate of 1 old ouguiya = 5 francs. The name ''ouguiya'' () is the Hassaniya Arabic pronunciation of ''uqiyyah'' ), meaning "ounce". First Ouguiya (MRO) Coins In 1973, coins of (1 khoums), 1, 2, 5, 10 and 20 ouguiya were introduced into circulation. This was the only year that the khoums was minted, as the ouguiya was worth five CFA Francs a khoums was the equivalent of the franc (which had no subdivision). The most recent issues were in 2003 (1 ouguiya) and 2004 (oth ...
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Malian Franc
The Malian franc was the independent currency of Mali between 1962 and 1984. Although technically subdivided into 100 ''centimes'', no subdivisions were issued. History Until 1962, Mali used the West African CFA franc. The Malian franc was introduced that year at par with the CFA franc, but devalued relative to it in 1967 due to greater inflation in the country than had occurred in the CFA franc zone. In 1984, Mali readopted the CFA franc, with 2 Malian francs = 1 CFA franc. Exchange rates *1 July 1962 to 4 May 1967: Peg with the French franc (1 MLF = 0.02 FRF = 1 XOF). *5 May 1967 to 31 May 1984: Devalued by 50% (1 MLF = 0.01 FRF = 0.50 XOF) due to greater inflation in Mali than in countries using the CFA franc. On 1 June 1984, Mali readopted the CFA franc, worth two Malian francs. Coins In 1962, aluminium coins were issued (dated 1961) in denominations of 5, 10 and 25 francs. A second issue of aluminium and nickel-brass Nickel silver, Maillechort, German silver, Argentan, n ...
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Mauritania
Mauritania (; ar, موريتانيا, ', french: Mauritanie; Berber: ''Agawej'' or ''Cengit''; Pulaar: ''Moritani''; Wolof: ''Gànnaar''; Soninke:), officially the Islamic Republic of Mauritania ( ar, الجمهورية الإسلامية الموريتانية), is a sovereign country in West Africa. It is bordered by the Atlantic Ocean to the west, Western Sahara to the north and northwest, Algeria to the northeast, Mali to the east and southeast, and Senegal to the southwest. Mauritania is the 11th-largest country in Africa and the 28th-largest in the world, and 90% of its territory is situated in the Sahara. Most of its population of 4.4 million lives in the temperate south of the country, with roughly one-third concentrated in the capital and largest city, Nouakchott, located on the Atlantic coast. The country's name derives from the ancient Berber kingdom of Mauretania, located in North Africa within the ancient Maghreb. Berbers occupied what is now Mauritania ...
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