Created in December 1945 at a time when calls for independence were already mounting, the CFA currency zone encompasses 14 ...
The CFA franc (Franc des Colonies Francais d’Afrique) was introduced in 1945, well before France’s decolonization in the late ...
France’s influence in Africa is weakening, but it hasn’t disappeared. While political ties are fading, its economic grip ...
These countries use the West African CFA franc (XOF); • The Economic and Monetary Community ... the monetary policy committee and the board of governors of the BEAC (1 French governor out of 7). Since ...
Opponents of the CFA franc dismiss these fears as scaremongering. As Belinga told World Finance: “Nigeria is the natural leading country of this region. There is no reason to be alarmed. An irrational ...
Longstanding labor unrest over low wages, union suppression, and unsafe work conditions at Cameroon’s largest sugar company, ...
Ending US dollar dominance alone will not end monetary imperialism. Only much better multilateral arrangements to clear ...