The cooperation agreements preserved the CFA franc across former colonies.

Evidence

Hence, in the early 1960s, France’s former African colonies, with some exceptions, maintained the use of the CFA franc, thanks to the ‘cooperation agreements’. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 91

Categorization

  • XREF: connects to: The cooperation agreement was renewed secretly, preserving French guarantees; France gained bases, markets, and franc-payment privileges from the agreements. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 89; The 1962 WAMU treaties renamed the CFA franc while keeping French control — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 154 (+5 more)

Broader Connections