How does the CFA franc system work? Is it true France holds ex colonies' gold and collects yearly payments from them? - Quora
![French colonialism lives on in Africa - The CFA franc is a monetary union that subjugates African states to French economic interests. : r/europe French colonialism lives on in Africa - The CFA franc is a monetary union that subjugates African states to French economic interests. : r/europe](https://external-preview.redd.it/2xQFo5dsjqEZzLcS9Z_VCGgKZvfx911dJrzR2OAaMW0.jpg?auto=webp&s=b329039acab091e5c20e34aaa421f34eaf346f6a)
French colonialism lives on in Africa - The CFA franc is a monetary union that subjugates African states to French economic interests. : r/europe
![Kalu Aja on X: "CFA Explainer. The CFA Franc is the common currency for 14 former African French colonies. It was created by France in 1945. Two currency blocs with CFA currency Kalu Aja on X: "CFA Explainer. The CFA Franc is the common currency for 14 former African French colonies. It was created by France in 1945. Two currency blocs with CFA currency](https://pbs.twimg.com/media/F5P4RAKa4AAf9mE.jpg)
Kalu Aja on X: "CFA Explainer. The CFA Franc is the common currency for 14 former African French colonies. It was created by France in 1945. Two currency blocs with CFA currency
![African Revolt on X: "Africans! Another French Atrocity needs to be exposed: Now Listen. CFA is the currency used by all French colonies in Africa. From Gabon, Niger, Mail, and some other African Revolt on X: "Africans! Another French Atrocity needs to be exposed: Now Listen. CFA is the currency used by all French colonies in Africa. From Gabon, Niger, Mail, and some other](https://pbs.twimg.com/media/F5VcwLPXoAAlzlg.jpg)
African Revolt on X: "Africans! Another French Atrocity needs to be exposed: Now Listen. CFA is the currency used by all French colonies in Africa. From Gabon, Niger, Mail, and some other
![All West African CFA franc Banknotes - 500 Francs to 10.000 Francs - 2003 to 2014 Issue in HD - YouTube All West African CFA franc Banknotes - 500 Francs to 10.000 Francs - 2003 to 2014 Issue in HD - YouTube](https://i.ytimg.com/vi/ij6VP5IMpT4/maxresdefault.jpg?sqp=-oaymwEmCIAKENAF8quKqQMa8AEB-AH-CYAC0AWKAgwIABABGFogWChlMA8=&rs=AOn4CLBheeKXMjPVM9P60UKbaIrEcjxslg)
All West African CFA franc Banknotes - 500 Francs to 10.000 Francs - 2003 to 2014 Issue in HD - YouTube
![8 West African countries rename currency in historic break from France — but colonial-era debts persist · Global Voices 8 West African countries rename currency in historic break from France — but colonial-era debts persist · Global Voices](https://globalvoices.org/wp-content/uploads/2019/12/5000_frank_cfa_UEMOA_a.jpg)