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West Africa is increasingly developing its economic potential and proof of this is the activity of the West African Economic and Monetary Union (UEMOA), an organisation created in 1994 and which includes Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and Togo with the main objective of establishing the construction of a harmonised economic space, in which the free movement of people, capital, goods, services and factors of production is guaranteed.

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