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100 Francs

Issuer Banque de l'Afrique Occidentale
Year 1936-1941
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Printer Banque de France, France
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Reverse description Central intaglio vignette of a standing African woman carrying a woven basket balanced on her head, set against a lush tropical floral and foliate underprint in soft polychrome tones, engraved by Marguerite Dreyfus (Rita). A large blank oval watermark reserve occupies the left side, while an ornate cartouche at upper right carries the anti-counterfeiting legal warning text. The bank title BANQUE DE L'AFRIQUE OCCIDENTALE is inscribed in a decorative panel at the foot of the note.
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Protection description Blank watermark oval visible on both obverse and reverse
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Comments

The Banque de l'Afrique Occidentale was a private commercial bank granted the note-issuing privilege for French West Africa, not a central bank in the modern sense — a colonial arrangement that persisted until the postwar monetary reforms. This note spans the awkward years when Dakar-based circulation continued under first the Third Republic, then Vichy, which means surviving examples could have passed through either administrative regime without any visible change to the note itself.

Marguerite Dreyfus, who signed her work as "Rita," was one of very few women engravers credited on Banque de France production work during this period.

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