Examples of Franc de la Communauté Financière Africaine in a sentence
The responsible monetary authority is the “Banque Centrale des Etats de l'Afrique de l'Ouest”, whose CFA franc (F.CFA = Franc de la Communauté Financière Africaine) is legal tender only in the aforementioned countries.
In 1985, EQG became a member of the Economic and Monetary Community of Central Africa (CEMAC), adopted the Franc de la Communauté Financière Africaine (FCFA) as a currency, and with it a fixed exchange rate system to provide a more stable macroeconomic framework conducive to foreign direct investment (FDI) and private sector development.
The French provide strong support to UEMOA, in the interest of sustaining the FCFA (Franc de la Communauté Financière Africaine currency).
According to the State Party, 200 millions FCFA (i.e. Franc de la Communauté Financière Africaine) were invested in total in restoration works for the Island.
Elle reste caractérisée par l’existence d’une monnaie commune, le Franc de la Communauté Financière Africaine (FCFA), d’un marché commun avec un taux d’inflation moyen annuel de 3,4% en 201936, un taux de croissance réelle du PIB de 6,1%, un taux de croissance démographique de 2,8% et un PIB nominal de 20711,8 milliards de FCFA,37 l’UEMOA est le dernier né des grands ensembles sous régionaux africains.
The initial target of African Financial Community Franc, Franc de la Communauté Financière Africaine FCFA) 4.76 billion for 2012 was exceeded by 145 percent.
For UEMOA member countries, it has been known as the Franc de la Communauté Financière Africaine (FCFA) since 1960.
The colonial abbreviation has remained until today, but now stands for « Franc de la Communauté Financière Africaine » in West Africa and « Franc de la Coopération Financière en Afrique Cen- trale » in Central Africa.22 The CFA Franc has a fixed rate compared to the Euro (formerly to the French Franc).