The economic, political, and geopolitical crisis in France today: the collapse of Paris’s “grandeur” and geostrategic vision

France, once the undisputed protagonist of Francophone Africa through the network of Françafrique — the web of political, economic, military, and cultural ties that linked Paris to its former colonies — now appears to be going through a painful transition. This is not a sudden crisis but a slow rupture: African countries — from the Sahel to West Africa — are reducing or severing their military, monetary, and diplomatic ties with Paris. At the same time, France is allocating increasing resources to support Ukraine and to meet its defense needs in Europe. The result is a mounting accumulation of financial and strategic pressures that are testing France’s very place in the emerging global order.

The Decline of French Influence in Africa

For decades, France has played a central role in Francophone Africa — not only as a political power but also as a monetary guarantor through the CFA franc, as controller of key institutions (central banks, foreign reserve mechanisms, financial decision-making), and as a military interlocutor and guarantor of stability. Some analysts have described this as a form of implicit “monetary seigniorage,” in which part of the monetary sovereignty of African states was effectively tied to Paris. This system allowed France to “cash in” on stability, influence, and privileged access to mineral resources such as uranium and other critical minerals.

In recent years, however, that system has begun to unravel. According to numerous reports, countries that once depended on Paris for military protection are provocatively distancing themselves: Mali, Burkina Faso, Niger, and others have expelled French troops or closed military bases. This military withdrawal coincides with a surge in the involvement of external actors — notably Russia and China — who offer alternative strategic partnerships to these governments.

The fact that France has even begun withdrawing from symbolic countries such as Côte d’Ivoire shows that what was once considered an “unbreakable” bond no longer is. African governments reclaiming “sovereignty” are also responding to public sentiment: on the streets, people denounce political interference, the perception of one-sided advantages for France, and demand independent control over their resources.

Thus, Paris is losing its spheres of influence — not only militarily but also economically and symbolically. Although 14 countries still belong to the CFA franc zone, the currency system is under growing criticism. The rule that obliges member states to deposit half of their reserves in the French Treasury is seen by many as a brake on local development. Under these conditions, France can no longer extract the same “implicit rents” as before: the push for monetary decolonization, the rejection of colonial legacies, and the resounding “France, go home” movements are growing louder across the continent.

The Weight of the War in Ukraine and Strategic Commitments

While Paris loses influence in its former African “backyards,” it is increasingly involved in the major theater of European security — especially in supporting Ukraine. This requires massive military, diplomatic, and logistical spending. Europe expects powers like France to take a leading role in continental defense, especially as the United States maintains broader global priorities.

The resources allocated to Ukraine — weapons, logistical aid, coordination with allies, intelligence sharing — inevitably reduce the budget available for domestic priorities. At a time when the French state’s finances are under stress (existing debt, social spending, investments in the energy transition), this additional burden creates imbalances: cuts to public services, higher taxes, and forced strategic reorientations.

This situation produces an image of a “diluted” France — less able to manage both its African periphery and the challenges of the European front simultaneously. The risk is that Paris ends up overextended, engaging in high-risk strategies while losing pieces of its once-vast sphere of influence.

The Advancing Economic Crisis

With shrinking or less reliable rents from Africa, France finds itself with fewer financial margins. Compensatory measures — higher taxes, spending cuts, new debt — are painful for a European society already strained by inflation, energy costs, and post-pandemic stagnation.

The political perception is changing: a nation that sees itself as a Grande Puissance must justify, to its own citizens, the high cost of its foreign ambitions. Domestic consensus can weaken if voters perceive that “others are always paying the price” — a sensitive issue in a country where public spending and welfare are integral to state legitimacy.

The sectors most affected could be infrastructure, innovation, health, and education. If the government continues to prioritize armaments and foreign missions, there will be less room for domestic growth policies. In a Europe where internal competition is fierce (Germany, Italy, Spain), those who fail to maintain attractive social and fiscal balances risk falling behind.

Geopolitical Uncertainty: A Crossroads for France

France thus finds itself at a crossroads. It is no longer the colonial power that once dominated Africa at will, but it also cannot afford strategic withdrawals without losing prestige. It must reinvent itself — but how?

One option is to double down on soft power: culture, language, academic exchange, cooperation, and policies perceived as respectful rather than paternalistic. In many African countries, French remains a language of elites and a vehicle of culture, and France’s legacy in education and infrastructure remains a valuable asset. Yet soft power has its limits: it is slow, fragile, and easily undermined unless accompanied by genuine equity.

Another path involves a concrete reconfiguration of bilateral cooperation — allowing African countries to participate more equally, with less paternalism and more mutual benefit, based on local sovereignty, fair partnership, and sustainable development. Paris will have to accept relationships that are less hierarchical but more legitimate.

At the same time, France must make its European defense strategy credible — working with EU partners, avoiding global overstretch, and ensuring that overseas military efforts do not erode domestic cohesion.

On the economic front, France will need to diversify its sources of revenue and reduce its dependence on external rents. More than ever, investments in high-tech sectors, renewable energy, innovation, and private capital mobilization will be essential. A poor balance between geopolitical ambition and internal management could trigger a downward spiral, eroding France’s international credibility.

A Great Power in Transition

The crisis France faces today is not merely financial or military — it is symbolic. The loss of economic influence in its former colonies challenges the very narrative of French greatness, while the growing cost of supporting the war in Ukraine exposes the practical limits of its global ambitions.

If Paris fails to redefine its role and balance its resources, it risks sliding into the status of a “medium power” with global pretensions out of step with its actual capabilities. But if it acts wisely, it could transform this crisis into a turning point: acknowledging that it can no longer command from the center of the world, embracing more balanced ties with Africa, building a credible European defense posture, and continuing to project a modern soft power.

In this multipolar era, the real mistake is not to change — but to cling to outdated models that no longer work. France still has the cultural capital, political strength, and historical identity to reinvent itself — but it must do so before it loses too much.

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