Mr Fonbaustier said these benefits contribute to the decision of some Francophone countries, including members of the AES, who are “bullish on colonialism” to continue using the CFA.

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 ...

Eight West African countries announced their intent to cease using the CFA franc, a France-backed currency used by former colonies in the region, beginning July 1, and renamed a common currency, the ...

It may be why the biggest economy in Africa has been reluctant to adopt the Eco, according to analysts who are studying the economic and political implications of the single currency on the continent.

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