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Tracy Akoth

What will it take to replace the CFA Franc?

Francophone Africa has relied on the CFA Franc for decades even after independence and talks of a replacement are getting traction. The new currency will span across west Africa all the way to central Africa covering over 15 countries.

Economists predict that this new currency will improve the economic integration of West Africa and enhance the monetary stability that will be more resilient to inflation because it will be pegged across different independent economies.

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