Abstract
The CFA franc, a post-colonial currency utilised by fourteen Sub-Saharan African nations within the Franc Zone Economies, remains unique in its continued reliance on a former colonial power, France, for monetary stability through the “operations account” mechanism. This study quantitatively assesses the CFA franc's impact on the long-term economic viability and resilience of Franc Zone Economies. It examines the currency's role, identifies key determinants of sustainability, analyses vulnerabilities, evaluates the influence of global financial shifts, and explores alternative policy options. The research investigates questions concerning the CFA franc's effects on economic growth, inflation, trade, and regional integration, as well as its influence on member states' economic sovereignty. Employing a positivist approach, the analysis reveals that the CFA franc has not generated revenue and, in fact, has demonstrably detrimental effects on Franc Zone Economies.