Niger hints at new currency in ‘step out of colonialisation’ • FRANCE 24 English

Two weeks after pulling out of eoos ner Mali and Burkina Faso could now be ditching the CFA Frank on Monday nier’s military government hinted at the creation of a new common currency to help the three countries regain their sovereignty currency is a crucial step for us to exit

Colonialism the alliance of Sahel States is relying on its experts and when the time comes God willing we will make a decision often slammed as one of the last relics of colonialism the CFA Frank is a symbolic Target for the alliance of Sahel States the three country Coalition

Which was created last year in order to reinforce military and economic cooperation has repeatedly criticized France’s lingering influence in Africa and while it gave little detail on how or when the new currency would be introduced Monday’s announcement once again showcased the alliance’s determination to cut ties with its former colonial Power we won’t accept our countries being used as France’s Cash Cow anymore the three countries whose governments were all recently overthrown by the military have also been feuding with their neighbors in January they announced they would be leaving West African block echas after it imposed heavy sanctions on Mali and ner

The head of Niger’s military regime has hinted at the possible creation of a common currency with Burkina Faso and Mali, calling it a “step out of colonization”. It comes two weeks after the trio said they would quit regional bloc ECOWAS.
#Niger #currency #Mali

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22 comments

  1. Good news. However, it will take a while and lot of effort to work out new indices and trials for their new financial architecture as they break away.

  3. Even if you think you are creating ambiguity by writing the expressions in quotation marks, even the most idiots know that you are a COLONIST. Greetings to the independent and free peoples of Africa!

  5. What a brilliant idea , they could pin the currency to the russian ruble . Which countries outside of the three would accept payment in this new currency?.
    Printing and maintaining your own currency is both expensive and technically difficult , just another blah blah idea from these administrative wizards

  7. This will end so badly… they will crash their currencies and have hyperinflation, lol, this has happened so many times before

  14. I've searched YouTube and Google and can find hardly any more reporting on this story. Or Niger with their uranium
    I wonder why..?🤔🤔🤣🇫🇷❄️🤡🤷🏽‍♂️

    ✊🏽💪🏾💙👑

  17. If these French former colonies can all take this brave move to get complete freedom, the percentage of France as a country not collapsing within 2 years will be 05% out of 100%

  22. This should not be a very hard decision especially since the only nations still using the CFA are the 14 former colonies in western Africa. The CFA Franc is absolutely an obsolete useless currency that France stopped using over 20 years ago and now the currency of France is the Euro! So who & why are African countries still using a dead currency that today is only worth $0.0015 Euro? Answer: The countries that make up ECOWAS! They are the only countries using the CFA now it's clear why they are begging BK, Mali & Niger to remain as members. IF other nations of ECOWAS decided to breakaway thus abandoning the CFA, it would be the final nail in the coffin for the French colonial era.

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