Will France’s Africa Policy Hold Up?

Sum­ma­ry Dur­ing his first term, French Pres­i­dent Emmanuel Macron sought to revi­tal­ize his country’s diplo­mat­ic out­reach to coun­tries through­out Africa. Some aspects of this piv­ot were designed to more direct­ly address the lega­cy of French colo­nial­ism in Fran­coph­o­ne coun­tries. He also sensed that the grow­ing stature of non-West­­ern pow­ers like Chi­na has giv­en African counterparts…

Bank of Central African States Urges CAR to Annul Bitcoin as Currency

Yaounde, Cameroon —  The Cameroon-head­­quar­tered Bank of Cen­tral African States (BEAC) has urged the Cen­tral African Repub­lic (CAR) to annul a law it passed in late April that made the cryp­tocur­ren­cy Bit­coin legal ten­der. The bank warned in a let­ter made pub­lic last week that the move breached its rules and could affect mon­e­tary stability…