Overview

Monetary issues in Africa: Sovereignty, stability and continental ambitionsThis book offers a rigorous and committed analysis of African monetary systems at a time of major geopolitical and technological upheaval. It explores the issues of economic sovereignty, the limits of the CFA franc, single currency (ECO) projects, hybrid models (local, regional, complementary currencies) and the new prospects offered by central bank digital currencies (CBDCs) and fintech.In this hard-hitting, well-documented essay, Cheikh Mbacké SENE uses economic data, case studies and solid theoretical references to decipher the major monetary issues facing the African continent: from persistent dependence on the CFA Franc to the hopes placed in the ECO, from the rise of digital currencies to the emergence of hybrid and community-based solutions. He questions the viability and ambitions of monetary reform in the service of development, stability and African unity.

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