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by galvin
913 days ago
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The CFA franc is used by 14 countries. Until 2020, those countries were required to deposit half of their foreign exchange reserves with the French Treasury. France also maintains a military presence in several of its former colonies. Colonialism may have ended, but France continues to exert influence in Africa. |
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Yes, of course. Lots of countries exert influence in Africa. The PRC just opened its first off-shore military base Djibouti. Russia has whatever fresh hell the Wagner group is bringing - especially to the Central African Republic. America has bases in at least 10 African countries.
Colonialism may be over but challenges in managing international influence will always persist.