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The story of the CFA and Bitcoin in Africa -Breaking

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© Reuters

Around 150 million Africans use the CFA franc (Financial Community of Africa) every day, from Senegal to the west and Gabon in central Africa.

The CFA Franc, which is used in 14 countries is pegged at the euro. It was printed in France, and the monetary policy of the country is managed by the Western powers. As Fodé Diop, a (BTCSenegal’s Lightning Developer More details, “The IMF and the French government still control the currency.”

West Africans have a wide range of options when it comes to mobile money. Source: Cointelegraph
Payments by mobile money are available next to MasterCard and Visa (NYSE:), as well as Bitcoin. Source: Cointelegraph