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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

CFA franc

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Africa

CFA franc: conditions are ripe for replacement of the west African currency rooted in colonialism – expert

  By Kai Koddenbrock, Bard College Berlin   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 overwhelmingly voted for leftwing Pastef candidate Bassirou Diomaye Faye (and his former party leader Ousmane Sonko) while the coup governments in Mali, Burkina Faso and Niger […]

todayApril 8, 2024 104

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Africa

Burkina Faso, Mali and Niger hint at a new west African currency: what it’ll take for it to succeed

    By Thierno Thioune, Université Cheikh Anta Diop de Dakar   On 11 February 2024, the head of Niger’s ruling military junta, General Abdourahmane Tiani, spoke of the possible creation of a common currency with Burkina Faso and Mali. “The currency is a first step toward breaking free from the legacy of colonisation,” he said on national TV, referring to the CFA franc inherited from French colonisation. Burkina Faso, […]

todayMarch 15, 2024 17

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