No franc zone state beyond Mauritania and Madagascar sought monetary independence.

Evidence

The heart of the system, however, remained unchanged: in sub-Saharan Africa, apart from Mauritania and Madagascar, no state dared to ask for greater monetary independence. Thus, France’s sphere of influence remained practically unchanged. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 184 (#corroborates, via linked claim)

Unlike all the other colonial powers, however, France managed an incredible feat: to maintain its monetary empire built around the CFA franc even after the African countries officially gained their independence. This is why today people talk of the CFA franc as a ‘colonial relic’, a ‘vestige of colonialism’ or, more simply, as a ‘neocolonial currency’. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 52 (#corroborates, via linked claim)

With independence, they gave way to national currencies around the world except in the countries of the franc zone and in some small island countries and some ‘dependencies’, such as overseas territories and departments, the Vatican, San Marino, Monaco, etc. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 350 (#qualifies, via linked claim)

Categorization

  • XREF: connects to: Paris punished Mauritania’s exit to deter other franc-zone states; Madagascar quit the franc zone rather than accept French monetary conditions.; No franc-zone state dared request monetary independence, leaving France’s influence intact — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 184 (+4 more)

Broader Connections