Established by France in December 1945, just after World War II, the CFA Franc, originally “Colonies Françaises d’Afrique” (French Colonies of Africa), still shapes the economies of 14 countries across West Africa. Today, it’s often said to mean “Communauté Financière Africaine” (African Financial Community), but its colonial legacy runs deep.
In this episode of Strategic Talks from the MEA Institute for Strategic Studies, host Chaima Ouahil sits down with Muhammed Musa, Head of our Sub-Saharan Africa Programme and investment research associate, to unpack the promise and the pitfalls of the proposed Eco currency.
From the colonial legacy of the CFA Franc to the tough convergence criteria, political exits, and lessons from Asia, this conversation dives deep into what it really takes to build true regional integration. Is West Africa ready for a single currency? And what happens if it’s not?
Stay informed on one of the continent’s most significant monetary debates, and what it could mean for sovereignty, stability, and growth in West Africa.
