<P> 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): </P> <Ul> <Li> Benin </Li> <Li> Burkina Faso </Li> <Li> Guinea - Bissau </Li> <Li> Ivory Coast (Côte d'Ivoire) </Li> <Li> Mali </Li> <Li> Niger </Li> <Li> Senegal </Li> <Li> Togo </Li> </Ul> <Li> Guinea - Bissau </Li> <Li> Ivory Coast (Côte d'Ivoire) </Li>

Historical development of central bank in west africa