Senegalese Financier Proposes ‘Kopar’ Currency to Replace CFA Franc

Dr Babo Amadou Ba proposes replacing the CFA franc with a new Senegalese currency called the Kopar in a new book, arguing that the current arrangement limits Senegal's control over interest rates, exchange parity and credit direction. He sets out conditions for the transition, including preparation, macroeconomic discipline and public communication.