The French elite politicians caused Sylvano Olympio to face the same fate when he criticised France’s centralisation of its currency in West Africa. Dr. Quao is married to a Ghanaian medical doctor and Internal Medicine expert, Dr. Saban Nii Quao, by whom she had five children. They operate a customs and currency union (WAEMU) and a regional central bank, BCEAO, with headquarters in Dakar, Senegal in West Africa. In 1994, the French Treasury imposed a unilateral 50 per cent devaluation of the CFA, amidst protests throughout Francophone West Africa. The latest phony reforms are certainly the outcome of a collision between Emmanuel Macron and some west African leaders.

Source: The Guardian December 31, 2019 23:37 UTC