A divisive decision by an activist to set a CFA note on fire in Senegal has reignited a debate on the common currency and the influence France still holds over francophone Africa.
Kemy Seba set fire to a 5,000 CFA note (equivalent to $9.20) on Aug. 19, in protest over “Francafrique”—France’s continued political and economic influence over its former African colonies. Seba was arrested after a complaint by the Central Bank of West African States, which prints the notes. The West African CFA is the currency of Senegal and seven of other nations.
The currency remains pegged to the euro and governed by treaties with France. The currency is managed by two regional bodies (pdf), the West African Economic and Monetary Union (WAEMU). The Central African Economic and Monetary Community (CEMAC), manages the Central African CFA for currencies of oil producers like Chad, Equatorial Guinea, Cameroon and three other central African nations. In the Comoros, the CFA is known as the Comorian Franc. CONTINUES
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Steve Biko's thinking must have been very good since feminists disagree with some of it. Feminism was begun by the powers-that-be to destroy the family. And we see it happening today all over the western world if not even farther away than the west.