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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Although filmed just two years ago, the video of pan-African activist Kémi Séba setting fire to a 5,000 CFA franc banknote (worth around $8.43) in front of a cheering crowd in Dakar, Senegal, is ...

Did you know that some African countries are still using their colonial currency? At least 14 countries are still sending money to France because they still using their colonial currency.

The CBN gave approval for the CFA franc to be recorded on the Nigeria Export Proceeds form to repatriate export earnings According to NEPC, the CFA Franc is a currency widely used in international ...

In reality, the term “CFA franc” refers to three different currencies and is the source of some confusion – and sometimes even the subject of falsehoods. Here are some frequently asked questions. The ...