When France Tried to Make a Currency for Its African Colonies — and It Still Exists Today
0:48
YouTubeHistory of Money
When France Tried to Make a Currency for Its African Colonies — and It Still Exists Today
France created the CFA franc in 1945 to manage its African colonies. Nearly eighty years later, 14 countries still use it, pegged to the euro and backed by France. This video explains why a colonial currency still shapes Africa’s economy today. #CFAFranc #Africa #Economy #ColonialHistory #France #Currency #Finance #HistoryOfMoney
624 views1 week ago
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