NOTHING IS IMPOSSIBLE TO A VALIANT HEART No.00073/25-09/RDPF-KUMZSE/ADN-2025.
For a national or sub-regional currency to fight poverty and achieve true economic, financial, and monetary autonomy
The CFA franc was created in December 1945 with an initial parity considered fair at the time: 1 FCFA = 1.70 French francs, directly tied to the French currency. However, in July 1948, the French franc was devalued (1 FCFA = 2 French francs), already undermining the real value of the CFA franc.
Today, the parity is fixed at 1 euro = 655.957 FCFA, a rigid monetary anchor that blocks African countries from adapting their monetary policies and deprives them of genuine economic sovereignty. This fixed parity acts like a chain that hinders our economic growth and perpetuates dependence on a neocolonial financial system.
Our ambitious Marshall Plan for Cameroon, expanding from 60,000 to 300,000 billion FCFA, has the potential to transform our nation. Yet, without monetary freedom, these colossal sums will lose much of their power because fixed parity limits our ability to manage inflation, finance crucial projects internally, and tailor policies to our economy’s real needs.
Creating a national or sub-regional currency would give us the power to control our monetary policy, reduce poverty effectively, and build genuine economic resilience. While the nominal size of the Marshall Plan may appear smaller with a new currency, its real impact will be far greater — sparking a stronger, sovereign economy that can chart its own course. Cameroon’s rich natural and human resources more than meet the criteria for a strong, independent currency.
The dirt roads, unfinished buildings, and daily struggles in places like Ngui(Foréké-Dschang ) as well as in Others many Cameroon localities remind us: the root cause of persistent poverty is economic submission tied to the CFA franc system. Breaking these chains is not only an economic necessity; it is a political and moral imperative for Cameroon’s dignity, sovereignty, and future.
That is why we fully support President Bello Bouba Maïgari’s courageous vision to break with the CFA franc’s fixed parity and reclaim our monetary independence. This decisive move will unlock sustainable development, end neocolonial financial dependence, and empower every Cameroonian.
The time to unite and demand real change is now — for a Cameroon that controls its money, its economy, and its destiny.
Fraternally Yours,
Dr NDEMMANU Antoine De Padoue, Ph.D in Social Economics.
National President of RDPF-KUMZSE.
Former Candidate in the October 12, 1997 Presidential Election.
Member of the Cameroonian People.
Contact: (+237) 690 922 056 / 670 655 614.
