Posts Tagged ‘West Africa’

See Eight West African countries in agreement to sever common currency from France

by Ikokwu Ikembaon December 22, 2019
Eight West African countries Saturday agreed to change the name of their common currency to Eco and severed the CFA franc’s links to former colonial ruler France. The CFA franc was initially pegged to the French franc and has been linked to the euro for about two decades. Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, […]

SONY Music West Africa Welcomes New Boss ‘banko’ Lloyd As Michael Ugwu Departs

by Ikokwu Ikembaon August 12, 2019
Sony Music made a trendsetting move three years ago, when it opened an office in Lagos, Nigeria to serve as the new hub of its on-the-ground operations in West Africa. Universal Music Group followed suit last summer, launching its own Lagos office under the Universal Music Nigeria brand, led by Ezegozie Eze Jr. (Interesting to […]

BREAKING| Nigeria has Lowest GDP growth in West Africa

by Ikokwu Ikembaon July 11, 2019
West African economic growth rates have been insufficient in most countries to make significant reductions in poverty. Essentially, West Africa’s farmers and firms produce and trade in highly localized markets and do not achieve the sufficient economies of scale required to attract broad-based investment that could accelerate growth and reduce poverty. This is due to […]