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The Central African CFA franc (French: franc CFA or simply franc; ISO code: XAF; abbreviation: F.CFA) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon.
The 1-franc notes were only printed until 1920, whilst 10 franc notes were introduced in 1937. 500 francs were introduced in the 1940s, with 10,000 francs introduced in 1942. In 1952, the Central Bank of Belgian Congo and Ruanda-Urundi introduced notes for 5, 10, 20, 50 and 100 francs, with 500 and 1000 francs added in 1953.
Usage of: West African CFA franc (XOF) Central African CFA franc (XAF) The CFA franc (French: franc CFA, [fʁɑ̃ seɛfɑ]) is the name of two currencies used by 210 million people (as of 2023) in fourteen African countries: the West African CFA franc (where "CFA" stands for Communauté Financière Africaine, i.e. "African Financial Community" in English), used in eight West African countries ...
The French Congo (French: Congo français), also known as Middle Congo (French: Moyen-Congo), was a French colony which at one time comprised the present-day area of the Republic of the Congo and parts of Gabon, and the Central African Republic. In 1910, it was made part of the larger French Equatorial Africa.
The zaire (French: zaïre, code ZRZ, ZRN) was the unit of currency of the Democratic Republic of the Congo and then of the Republic of Zaire from 1967 until 1997. All but six of the 79 series of banknotes issued bear the image of Mobutu Sese Seko. [1]
The Conseil monétaire evolved in 1964 into the Banque Nationale du Congo, the country's new central bank. [3] When the Congo changed its name to Zaire in 1971, the Banque Nationale du Congo became the Banque du Zaïre (Bank of Zaire). Then in 1997, when the country's name became the Democratic Republic of the Congo, the bank took its current ...
Following independence, France and Congo maintained a continuing but somewhat subdued relationship, with France offering a variety of cultural, educational, and economic assistance. The principal element in the French-Congolese relationship was the highly successful oil sector investment of the French petroleum parastatal Elf-Aquitaine (now ...
In 1961, France sent colonel Roger Trinquier to support the coup d'etat of Mobutu Sese Seko. [1]Valéry Giscard d'Estaing decided to send the French Army to Zaïre in 1977 to help Mobutu, whose régime threatened to crumble before rebels of the Congolese National Liberation Front in the Shaba I war.