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Africa, the reform of the CFA Franc: the six Countries denounce: this is a decision one-sided
the ROME (agenzia DIRE) - A group of English-speaking Countries of west Africa, with Guinea, has "expressed concern"
for the "unilateral decision" to change its name to the CFA franc on the part of some Countries where the currency is in force. The meaning of the CFA, at the origin, in 1945, was of the "Franc of the French Colonies of Africa", then divennuto acronym of the Financial Community African; it is the name of the common currency of 14 african Countries, which has orbited in the area of the former French Franc, today the Euro. On the role of this tool of economic exchange, light up, and occasionally even in recent times, several controversies - sometimes instrumental - but that still allude to the facts of the concrete, and that is, with the still very widespread influences economic post-colonial, considered by many to be at the origin of disharmonic social and civil development and of the glaring inequalities that persist in almost all of the 54 african nations.

The transformation program. The declaration of Nigeria, Guinea, Sierra Leone, Ghana, Gambia and Liberia (all English-speaking Countries) was widespread from Abuja - Nigeria's capital - on the sidelines of a meeting of the currency Area in west Africa. On the 21st of December last, the president of Ivory Coast Alassane Ouattara, together with the French counterpart Emmanuel Macron, had announced the program to transform the CFA into an ECHO in all the Countries members of the economic and monetary Union of west Africa. These are Benin, Burkina Faso, Ivory Coast, Mali, Niger, Senegal and Togo, all former French colonies, and Guinea-Bissau, already a Portuguese colony. The old acronym, which now stands for "financial Community of africa," or "financial Cooperation in central Africa", a reminder to many of its original meaning: "the French Colonies in Africa".

depart the project of "single Currency". But the change of the name from the part of the nations of francophone "is not in line" with the program for a single currency, call it too ECHO, which should involve all the 15 Countries of Ecowas, the Community economic of west African States. Other critics of the ECHO of the French-speaking Africa highlight how its value would be anchored to the Euro, just as it was for the CFA franc. To discuss the exchange of currency in former French colonies, expected in July, the signatories of the declaration have called for an extraordinary meeting of the leaders of Ecowas.

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