CFA Franc
About CFA Franc
The CFA franc is the name of two currencies, the West African CFA franc, used in eight West African countries, and the Central African CFA franc, used in six Central African countries. Both currencies are guaranteed by the French treasury.
Emmanuel Macron's mission to counter Russia in Africa
... But he is also anxious to pursue the diversification of French engagement across a much broader canvas, touching culture, history, immigration, trade, development and even reform of the Cfa Franc - a currency used by 14 countries and pegged to the euro under a guarantee provided by Paris...
Akon's Wakanda, grazing goats and a crumbling crypto dream
... The current legal tender in Senegal is the Cfa Franc, which is regulated and issued by Central Bank of West African States (BCEAO), which share the money...
Why ex-French colonies are joining the Commonwealth
... A growing number of younger urban citizens demand an end to the Cfa Franc currency which is pegged to the euro under an arrangement guaranteed by the government in Paris...
Why the Central African Republic adopted Bitcoin
... The Cameroon-based Bank of Central African States (BEAC) oversees the CAR s currency, the Cfa Franc, which is backed by France and is shared by five other countries in the region...
CFA franc Photos
