Africa’s French Roadblock
While some African countries now rank among the world's fastest-growing economies, others – including the 14 countries that form the franc zone – remain mired in poverty. To break out of it, franc-zone leaders must pursue complete emancipation from France, abandon the CFA franc, and build relations with China.
DAKAR – In recent years, China and Africa have formed one of the modern era’s most successful economic and trade partnerships. China benefits from Africa’s oil, minerals, and markets, while Africa benefits from increased trade and investment in infrastructure, health, education, small-scale businesses, and low and medium technologies.