The Macron-Ouattara announcement represents a needed reform. But it is just one of many that needs to happen. Going forward, the challenge will be to keep the benefits of the CFA franc monetary zone, namely a stable currency and low inflation, while transitioning to a new institutional system away from France. A monetary system that holds a former colonial power as the guarantor, regardless of announcements or agreements, will always ultimately fail to eradicate neocolonialism.
My apologies, I didn’t know about this. https://hir.harvard.edu/true-sovereignty-the-cfa-franc-and-french-influence-in-west-and-central-africa/