Reforms are launched in order to address existing problems in an economy and finance plays an outstanding role in ensuring that the reform process is a success. Several education reforms have been implemented in Sub-Saharan Africa in a bid to improve the underdeveloped education system. This paper is an attempt to introduce the education reforms implemented in three francophone West African countries- Benin, Mali and Senegal, the reform achievements and how the reforms have been financed. The paper found out that the three countries on average increased their education expenditures during the reform years and also received substantial financial aids from donor agencies and development partners. However, the quality of education remains low because the funds are not disbursed efficiently and effectively.