CFA notes and coins are still manufactured in France.
Evidence
Nowadays, the French government says that the CFA franc has become an ‘African currency’ run by the Africans themselves; however, as we will see in the following pages, this statement deserves to be seriously called into question. For sure, the design of the banknotes and the staff of the central banks have been ‘Africanised’: Marianne and the ‘heroic figures’ of imperial France have been replaced by savannahs and African national monuments. But these clichés conceal a very different reality: to this day, the coins and notes used daily by the Africans of the franc zone continue to be manufactured in the former metropole, and specifically in the department of Puy-de-Dôme, and in Pessac, in the department of Gironde. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 45
Categorization
- corroborated: 2 independent passages support this claim — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 45
- XREF: connects to: Portugal replicated France’s currency cooperation model with Cabo Verde.; CFA currency is still physically manufactured in France; CFA franc notes and coins are printed and minted entirely in France — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 243 (+3 more)
Related
- CFA currency is still physically manufactured in France (similarity 0.94)
- All CFA franc banknotes are physically printed inside France (similarity 0.93)
- CFA franc notes are printed in France rather than by member states (similarity 0.92)
- CFA franc notes and coins are printed and minted entirely in France (similarity 0.91)
- Outsourced banknote production costs franc-zone states over half a billion euros (similarity 0.86)
- CFA francs are non-convertible among the three African franc-zone sub-units (similarity 0.86)
- Portugal replicated France’s currency cooperation model with Cabo Verde. (similarity 0.86)
- The CFA franc’s real purpose was draining colonial wealth to France. (similarity 0.86)
- CFA franc’s real aims were draining colonial wealth into France, not African progress. (similarity 0.86)
- CFA francs are not convertible anywhere in the world outside the French Treasury framework (similarity 0.86)
- France introduced the CFA franc to several African colonies in 1945 (similarity 0.85)
- The CFA franc originated in 1945 as a Françafrique control tool. (similarity 0.85)
- Producing CFA francs in France costs franc zone states over half a billion euros (similarity 0.85)
- The CFA franc is the central weapon of Françafrique’s neocolonial domination (similarity 0.85)
- The CFA system requires African central banks to deposit half their reserves with France. (similarity 0.85)
Broader Connections
- CFA currency is still physically manufactured in France
#corroborates(0.95) - All CFA franc banknotes are physically printed inside France
#corroborates(0.95) - CFA franc notes and coins are printed and minted entirely in France
#corroborates(0.90) — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 243 - CFA franc notes are printed in France rather than by member states
#corroborates(0.90) - The CFA system requires African central banks to deposit half their reserves with France.
#expands(0.70)