France’s Le Pen calls for end to CFA franc currency

French far-right presidential candidate Marine Le Pen pledged on Wednesday to break with her country's decades-old relationship with Africa known…

French far-right presidential candidate Marine Le Pen pledged on Wednesday to break with her country’s decades-old relationship with Africa known as “Francafrique” and abolish the CFA franc currency policy that binds Paris and its former colonies.

Francafrique describes an informal web of relationships Paris has maintained with its former African colonies and its support, sometimes in the form of military backing, for politicians who favour French business interests.

Le Pen, one of the frontrunners in the presidential election, spoke at the end of a two-day visit to Chad where she sought to outline her policies regarding the continent, which has long held an important place in French foreign policy.

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