Macron and Ouattara hijacked the ECOWAS ‘eco’ currency name
Evidence
By deciding to rename the CFA franc the eco without notifying the non-WAEMU ECOWAS member countries, French and Ivorian presidents Macron and Ouattara have visibly tried to torpedo the monetary integration project designed by ECOWAS. Some Anglophone analysts have spoken of the ‘kidnapping’ of the eco, based on the fact that the WAEMU countries, with the exception of Togo, do not meet the criteria defined by ECOWAS and also on the invitation made by Macron to Anglophone countries, with the exception of Nigeria, to join the WAEMU zone. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 379
Categorization
- XREF: connects to: France rebranded the CFA franc to undermine ECOWAS monetary integration; The proposed eco currency is the CFA franc under another name.; the MOC “The Ledger of the Mind: How French Colonial Finance Inscribed Itself on the Souls of the Ruled”
Related
- France rebranded the CFA franc to undermine ECOWAS monetary integration (similarity 0.95)
- The proposed eco currency is the CFA franc under another name. (similarity 0.92)
- The 1962 WAMU treaties renamed the CFA franc while keeping French control (similarity 0.81)
- The 2019 Macron reform makes three changes to the WAEMU CFA system (similarity 0.81)
- Macron’s 2019 CFA reform was limited and prepared in secrecy (similarity 0.80)