Supporters of the CFA franc have a guilty conscience. They know full well that none of the arguments in favour of this monetary system can match the emotional power of the objections it elicits: the ...
In the inner circles of West African sovereigntists, it is fashionable to vilify the CFA franc. Indeed, the currency of France’s former African colonies, born in the aftermath of the Second World War, ...
Venezuela’s economy has been roiled by U.S. sanctions targeting the regime of Nicolás Maduro. Despite Mr. Maduro’s efforts to ease the sanctions' bite, the country was forced to sell another $1 ...
At no point in history has the CFA franc – the name of a colonial currency used in west and central African countries belonging to the franc zone – been closer to its demise. Senegal has ...
JOHANNESBURG/NIAMEY, Feb 13 (Reuters) - Days after Burkina Faso, Mali and Niger announced last month they were quitting the West Africa political union ECOWAS, Burkina Faso's military ruler Ibrahim ...
After nearly three-quarters of a century, the CFA franc used by 14 African states is undergoing major change. The CFA franc -- its initials come from the French words for African Financial Community - ...
The CFA franc is used by 14 nations in western and central Africa. Their 155 million people account for 14 per cent of Africa’s population and 12 per cent of its GDP, according to the International ...
The CFP franc (XPF) is the official currency for French territories in the Pacific, including New Caledonia, French Polynesia, Wallis, and Futuna, introduced in 1945, ...
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