members - (5) African Development Bank, Belgium, European Investment Bank, France, Germany

** West African Economic and Monetary Union (WAEMU) **

note - also known as Union Economique et Monetaire Ouest Africaine (UEMOA)

established - 1 August 1994

aim - to increase competitiveness of members' economic markets; to create a common market

members - (8) Benin, Burkina Faso, Cote d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, Togo

** Western European Union (WEU) **

established - 23 October

1954; effective - 6 May 1955

aim - to provide mutual defense and to move toward political unification