Franc CFA

CFA franc after Macron's win

Macron Is Boosting The euro; What About The CFA Franc?

France has a financial system worth seven billion euros, compared with Germany’s four billion or the Spanish financial system’s three billion (because of Santander and BBVA). But the Bank of France’s balance sheet is supported by the CFA franc.


Francophone Africa: The Polemic Over the CFA Franc

There has long been much polemic surrounding the CFA franc. Is it a symbol of  France’s “exploitation and pillaging” in Africa, which has been denounced by demonstrators and many experts who analyse issues affecting this continent. Or, on the contrary, is the CFA franc a guarantee of economic stability and development, as its European and African defenders claim?