The term “Françafrique” describes the political, economic and military networks built to preserve French influence in Africa. It refers to a past era but many believe that it still shapes relations ...

Overhauling the CFA franc, a France-backed currency used by former colonies in West Africa, could give Francophone Africa more control over their economies, experts say, even as skepticism remains.

The central bank of France is all set to test-run its digital currency in the first quarter of 2020, according to a cryptocurrency publication Cointelegraph. What Happened The governor of the Bank of ...

Emmanuel Macron has met with West African leaders to revamp the regional currency. The CFA Franc has been criticized as a relic of French colonialism, which Macron called a "grave mistake." French ...

It has featured among complaints by French "yellow vest" protesters and in populist Italian rhetoric: Africa's CFA franc currency has become an unexpected hot topic on Europe's political fringes. When ...

The West African Economic and Monetary Union has agreed with France to a number of changes to the CFA franc currency, including a new name, Ivory Coast’s President Alassane Ouattara said Saturday, as ...

Colonialism began as a mercantilist enterprise, with companies establishing trading posts along the ocean coastlines in the warm waters of the tropics. They used whichever medium of exchange was most ...