West Africa – UEMOA At a Glance

Historical Background

  • UEMOA was established on January 10, 1994, in Dakar, with the primary objective of constructing a harmonized and integrated economic space in West Africa. This space ensures total freedom of movement of people, capital, goods, services, and factors of production, as well as the right of exercise and establishment for citizens throughout the community territory.

Membership and Reach

  • UEMOA consists of eight West African countries: Benin, Burkina Faso, Côte D’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. These member states are unified by the use of a common currency, the FCFA, and common cultural traditions. The union covers an area of 3,506,126 km² and has a population of approximately 120.2 million inhabitants.

Core Activities and Values

  • UEMOA aims to promote economic integration and development within its member states. This includes the use of a common currency and harmonized business laws, as well as initiatives to increase financial inclusion and economic growth within the region.

Governance Structure

  • Not available.

Membership Benefits and Services

  • Not available.

Professional Development Program

  • Not available.

Supporting Future Finance Professionals

  • Not available.

The International CFO Alliance (ICFOA) is a non-profit organization, classified as an “association loi 1901“, and is officially registered in France. It was established as a legal entity in 2023 and is recognized by the Directorate of Legal and Administrative Information (DILA). This status underscores our commitment to operating as a non-profit, dedicated to serving the interests of our members and the CFO profession globally.

Office for correspondence:

Sandton Close 2, Block A, First Floor, Cnr 5th Street and Norwich Close
Sandton, Johannesburg, 2196
Telephone: +27(0)12 643 1800. Email: office@dev10.saiba.org.za

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