Benin’s President To Head The West African Monetary Union

Benin President Patrice Talon has been appointed the head of the West African Economic and Monetary Union (WAEMU).

According to Benin’s Minister of Foreign Affairs, Aurelien Agbenonci this is the first time that the President of Benin has assumed the presidency of a sub-regional institution. He will take office in one month during a virtual summit.

The minister said that the president’s mandate will be placed under the sign of a desire for reform and good governance, in a spirit of permanent consultation with the other heads of state. His intention is not to give lessons to anyone.

Talon’s appointment was agreed upon on Friday by heads of respective member states during a joint ECOWAS and Waemu summit in Accra. Speaking about his appointment, Benin’s Foreign Minister stated that Benin had also requested its minister of economy and finance to also head the ministerial council of the union.