Tomorrow Will Once Be: Currency Devaluation in Djibril Diop Mambety's Le Franc

Djibril Diop Mambety's 1994 film Le Franc explores experiences of disruption and powerlessness caused by monetary devaluation. This paper examines the cinematic grammars of Mambety's film as they relate to currency devaluation. The CFA franc was devalued by 50 percent on January 12, 1994. The devaluation, imposed on countries in the franc zone, represents an instrument of financial control that restrains their monetary sovereignty, perpetuating vestiges of imperialism. Analyzing Mambety's cinematic language, I offer a reading of his film through these economic structures. He works against the forms of temporal disruption introduced by processes of financialization in general and by the devaluation in particular. Ultimately, by embracing the future-past tense, Mambety reaches into a future that has still yet to come, wresting comedy and even hope out of intolerable economic and social realities and offering a radical vision of possibility in the midst of degradation.
On January 12, 1994, without any prior warning, the CFA franc was devalued by 50 percent. The devaluation and its reverberating consequences became the historical backdrop in which the final [...]