My main research question states that because of a set of economic and political conditions, the CFA Franc zone negatively affects the economic growth and sovereignty of Francophone Africa. In this...Show moreMy main research question states that because of a set of economic and political conditions, the CFA Franc zone negatively affects the economic growth and sovereignty of Francophone Africa. In this study, I investigate the mechanisms that cause the latter in order to identify the relation between CFA membership and the lack of economic sovereignty and development. The insufficient development of CFA countries, the financial restrictions linked to the monetary system, and the rise of African resentment towards CFAF will be the premise to reply to the research question and show how the disadvantages of the CFAF prevail over the benefits. This paper argues that CFA membership may not be as favourable for Francophone Africa as it was declared.Show less
