West African Economic and Monetary Union

It continued that an adverse conflict scenario involving the Strait of Hormuz remaining effectively closed until June 10 and an average oil price of $100 per barrel in 2026 remains a rating-relevant credit risk despite the recent ceasefire.

It warned that this scenario would renew inflationary pressures in many African countries, particularly net hydrocarbon importers such as south africa kenya morocco and tunisia fitch added that it would also pressure most countries in the west african economic and monetary union and could lead to four shortages in some areas again fetch forecasts that the western terms of trade and the potential for reduced foreign investor appetite could pressure some currencies That's it for the Marketplace.

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despite the recent ceasefire.

It warned that this scenario would renew inflationary pressures in many African countries, particularly net hydrocarbon importers such as South Africa, Kenya, Morocco, and Tunisia.

Fitch added that it would also pressure most countries in the West African Economic and Monetary Union and could lead to fall shortages in some areas.

Again, Fitch forecasts that the worsening terms of trade and the potential for reduced foreign investor appetite could pressure some currencies.

There's one group called...

What is it called? The West African Economic and Monetary Union.

And then there is another one called the Central African one.

So the divisions here are built around the idea that some people in these groups wanted to conspire with the French to actually rename the franc, just call the franc the Eco.