Burkina Faso, Mali & Niger Set To Abandon CFA FRANC | Creating A New Currency
Burkina Faso, Mali, and Niger are planning to abandon the CFA franc and establish a new currency as part of a broader move towards increased sovereignty and economic independence. This decision comes in the context of their recent departure from the Economic Community of West African States (ECOWAS) and the expulsion of French military forces from their territories. In today's video, we will explore the historical context of the CFA Franc, the motivations behind the decision to create a new currency, the anticipated challenges and benefits, and the broader implications for regional and global economics.
#cfa #africanhistory #africaneconomy #ecowas #currency
28 сен 2024