UNE HISTOIRE DU FRANC FCA | DOCUMENTARY | By KATY LÉNA NDIAYE
1960 marks the end of the European colonial empires on the African continent. As a colonial power France disappeared from the map...but only in theory. The currency introduced by the French, the CFA franc, still circulates in 14 African states. The currency, pegged to the French franc and then to the Euro, offers Europe privileged access to the African market. The film unveils the strategies of predation at the service of France and Europe economic interests. From the end of the 1940s to the present day, it shows how the CFA franc is maintained as a substitute of the colonial pact. In December 2019 the French President, Emmanuel Macron, announced the end of the CFA, to be replaced by a new currency, the ECO. But will this bring about a real change to the realities on the ground in Africa?
Director & Writer KATY LÉNA NNDIAYE | Producer FLORIAN SCHEWE | Co-producer KATY LÉNA NDIAYE (SENEGAL), OUALID BAHA (FRANCE), AURELIEN BODINAUX (BELGIUM)
Director & Writer KATY LÉNA NNDIAYE | Producer FLORIAN SCHEWE | Co-producer KATY LÉNA NDIAYE (SENEGAL), OUALID BAHA (FRANCE), AURELIEN BODINAUX (BELGIUM)
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