Africa's Last Colonial Currency
- 192 Seiten
- 7 Lesestunden
How the CFA Franc enabled France to continue its colonies in Africa
How the CFA Franc enabled France to continue its colonies in Africa
Exploring the CFA Franc's origins, the book delves into its role in maintaining economic imperialism in fourteen African states post-colonialism. It examines why French authorities established this currency in 1945 and the implications of its continued influence on former colonies' monetary sovereignty. As protests against the CFA Franc escalate, the authors highlight the necessity of demystifying its legacy, arguing that true decolonization remains incomplete. This critical analysis sheds light on the ongoing impact of colonial monetary policies in Africa.