The end of oil will delink the two CFA francs and threaten the zone

Evidence

Another structural factor that will force the system to evolve is the predictable end of the oil age in the CEMAC area. This will have the effect of reducing the foreign exchange reserves of the member states, whose economies are not very diversified. This will most likely cause a delinking between the two CFA francs, which will call the very existence of the franc zone into question. Clearly, the more the current status quo prevails, the more painful the fall will be in the CEMAC. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 337

Related

• The CFA system gives France instruments to steer franc-zone politics (similarity 0.80)
• Exiting the CFA requires recovering all tools of economic sovereignty. (similarity 0.80)
• The 1994 devaluation capped decades of Paris refusing to adjust the overvalued CFA franc (similarity 0.79)
• The CFA franc persists because French and African elite interests both benefit. (similarity 0.78)
• The euro’s uncertain fate makes French monetary tutelage an added risk. (similarity 0.78)