The CFA franc, a seven-decade-old currency shared by more than a dozen states in West Africa, has found itself in the spotlight over calls for it to be scrapped.
Here is a fact file:
– Colonial origins –
The CFA franc is used by 14 nations in western and central Africa. Their 155 million people account for 14 percent of Africa’s population and 12 percent of its GDP, according to the International Monetary Fund (IMF).
The CFA — its initials come from the French words for African Financial Community