The BCEAO plans to launch e-CFA, a version fully digital CFA franc. Everyone will be able to directly use their currency via your phone, a card or an application, in complete security.

The aim of the BCEAO is Make payments faster, less expensive, accessible everywhere and at any time. Unlike cryptocurrencies like Bitcoin, e-CFA will not be a private currency. It is a official currency, guaranteed by the Central Bank of African States the West. Its value is the same as that of the current CFA franc. With the e-CFA, the BCEAO is in control. It is a tool to preserve our sovereignty monetary and not depending on foreign currencies or platforms internationals.

With this new currency, citizens no longer have need tickets made in France. It facilitates the transfers of fast and cheap money transfers. Also, it guarantees safety strengthened against fraud and money laundering, and especially a currency that circulate Faster, even without Internet thanks to new technologies planned.

According to Prof. Amath Ndiaye, faseg-ucad style="font-size:14.0pt; line-height: 107%; font-family: "Bookman Old Style”, serif; mso-bidi-font-family: "Segoe UI">, an eminent Senegalese economist, it's about each citizen, even without a bank account, will be able to dispose of it.