West Africa: Debate Intensifies Over Future of CFA Franc in West Afric – AuthenticAfrican

Posted on by All Africa

[VOA] Debate on the future of the CFA franc in the six-member Central African Economic and Monetary Community (CEMAC) has intensified after it was announced last week that eight West African countries agreed to change the name of their common currency to Eco. They also severed the CFA franc's links to former colonial ruler France.