Friday, May 21, 2010

Françafrique at 50

To accept de Gaulle’s offer, these leaders had to agree, among other things, to allow the stationing of French troops on their territory, provide France with a steady supply of raw materials at pre-determined prices, assume all colonial-era debts incurred by France, maintain the CFA Franc as their common currency, and grant the French Treasury veto authority over their sub-regional central banks. De Gaulle got most of what he wanted, and granted independence. READ MORE

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