Why AES Rejected ECOWAS’s New ECO Currency

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42 комментария

  1. If the currency ECO is created,it is dead from its inception because member states lack political nor economic sovereignty. Its value will be manipulated by the neo colonialist rather than the market. Its a con job, it's a fraud, and I think African intellectuality is better than this. Global sovereignty first and then a common currency, no more no less. SAHEl is right to reject it.

  2. ECOWAS should be trying to unite with the AES to develop their own currency for the whole of Africa, if they were serious. By allowing the AES to take the lead, this would convince other countries that this endeavor will truly benefit the interest of the African people. As of today, ECOWAS is not looked upon as a honest broker.

  3. Ghana and Nigeria must either retain their national currencies or join the AES. What does all this mean? Why did Osagyefo Dr. Kwame Nkrumah, after independence, dismantle Ghana’s participation in the sterling currency union with Nigeria and introduce the Ghanaian Cedi? Why should France or the EU have a stranglehold on West African currency when respected figures like Dr. Bawumia have successfully defined the true nature and meaning of "open market operations" to rec-tify the Central Bank's errors? You see, Europeans have no respect for Africans! What they always do is that, after we have toiled and created something from which we are about to harvest, they come as vultures to snatch it away. We put in every effort to create goods and services, develop businesses and markets and in the end the European Union comes to tell us which currency, pegged to their currency with a fixed rate must be used? What kind of insult, arrogance, humiliation and disrespect is that? We design and decide for a currency and they simply come and want to take it over with their conditions? How long should we allow this master-servant relationship?
    Dear Africa,

    Can’t you join the great and large Nations like Russia and China with all your Resource’s? Let us chart our own ways, create our Institutions and replenish all we consider necessary? This is certainly the Path the AES is considering, which is certainly sovereign. We must stop behaving like a termi-nology I am about to coin out, namely ‘francophonsyndrom,’which can be seen as irrespective of all the adverse and cunning political relationship which Africa has endured with Europe and the USA, we still engage with them with overwhelming love and respect, especially how African leaders en-gage with Presidents from France is beyond reasoning let alone the behaviour of South Africans de-claring their affinity to their white minorities. Well, let us leave it here.

  4. AES do not be seduced to give up all that you had laboured for now for ECOWAS’ new ECO currency trap. To do so brings you back to where you were that made you decide to leave ECOWAS and dumped CFA franc.
    Maintain your sovereignty on sound economic instrument independent of ECOWAS. My considered view is that your currency will be stronger and more stable than ECOWAS proposed ECO currency for obvious reason. You can manage your currency much better than leaving it at the mercy of ECOWAS' ECO currency management.
    Stay focused on your plan, AES. Distance yourself from ECOWAS political skirmishes. I have great expectation of you. Always remember that Africa is not one but 54 countries. Do not listen to the fallacy that it ease trade transaction and makes sound economic sense for Africa or West Africa to use one currency for trade and investment.

  5. Citizens of the so called ecowas must reject this currency outright. It's another colonial currency or the cfa in expansion where countries must deposit monies to French treasury be warned of an eminent disaster if adopted.

  6. ECOWAS doesn’t know how to move away from Europe. They don’t have an African identity. They still need a hug from their colonial masters. Please let them all move to Europe-and let’s find some real Pan-African leaders

  7. Eco currency is damage control of sellouts Ecowas. What is Eco currency if countries are not sovereign, do not control minerals and own nothing including soil they walk on. Eco money is a trap of the imperialists and it's African owned and controlled.

  8. The ECO will crush the economies across West africa, for the CAR countries nothing changes except the name. Non CFA countries will lose control of their financial economic autonomy and like CFA countries their money will be used to prop up the Euro. Why move to currency controlled and by Europe with a monetary board controlled by France and so benefit French corporations in Africa. The ECO will hamper countries wanting to join BRICS because the anti Russia and Chinese canal will likely block and sanction countries. The ECO is economic slavery.

  9. Why are white supremacists criminals so obsessed with black African currency? They claim we're inferior race of monkeys, yet they want to continue plundering our resources for their white supremacists survival while laughing at us Africans for being so stupid.

  10. 🌟… "Just As a Snake That Sheds its Skin Remains a Snake, So Too Does Counterfeit and Fraudulent Currency, Disguised Under Another Name and Appearance, Remain Counterfeit and Fraudulent Currency" … ! ! ! 🌟🌟

  11. ECOWAS is EVIL and a modern slavery body designed by foreign powers to keep west Africa poor via DEMOCRACY. AFRICA NEED TOTAL FREEDOM but organisations like AU AND ECOWAS are against Africa freedom. For example, who controls Nigeria resources at the moment?. Democracy is EVIL and a modern slavery system of government.

  12. ECOWAS is EVIL and a modern slavery body designed by foreign powers to keep west Africa poor via DEMOCRACY. AFRICA NEED TOTAL FREEDOM but organisations like AU AND ECOWAS are against Africa freedom. For example, who controls Nigeria resources at the moment?. Democracy is EVIL and a modern slavery system of government.

  13. True Power is Taken not Given
    True Power is built on ones Economy not controlled by outsiders
    Success is measured by Ownership of one Sovereignty not from the orders of a Colonist Setup that will still keep your People and Countries in Poverty.
    It is not about who introduce the currancy first but who controls the Strings
    Homeland are Death

  14. Why must the AES accept another French and EU control currency. In the first this is just another noise from useless, cowardly ECOWAS that will never happen. These western backed puppets so called leaders are about to put West Africa into chains paid for by the imperialists. ECO another currency printed by colonial France.

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