The CFA franc (Franc des Colonies Francais d’Afrique) was introduced in 1945, well before France’s decolonization in the late 1950s, as a way for France to control the economies of its African ...
It also made him a symbol of the struggle against the CFA franc, a currency used in 14 countries across West and Central Africa. Anti-CFA demonstrations are not rare in these parts of Africa. In 2015, ...
Mali, Niger and Burkina Faso have officially left West Africa’s main political and trade group ECOWAS after more than a year ...
The Central Bank of Nigeria (CBN) has approved the use of the CFA franc on the Nigeria Export Proceeds (NXP) form for export earnings repatriation.
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