LIBREVILLE (Reuters) - The World Bank has suspended its disbursements to Gabon due to debt arrears of 17 billion CFA francs ($27 million), the central African country's public accounts ministry said.

The CFA franc is the common currency for the Franc Zone, created in the 1930s on the eve of the Second World War. It is made up of three areas, each of which has its own central bank and currency: • ...

Although Mali, Niger and Burkina Faso are leaving ECOWAS, they remain part of the West African Economic and Monetary Union (WAEMU), which consists of eight countries using the CFA franc as their ...

Then, there’s the common CFA currency zone. Created in December ... cease working with Western monetary institutions like the World Bank and International Monetary Fund but has done the opposite.

The value of transactions reached 462 billion CFA francs ... in West Bank refugee camp 5:45 PM UTC · Updated ago Reuters, the news and media division of Thomson Reuters, is the world’s largest ...