How France continues to plunder Africa

How France continues to plunder Africa

By Fidato

There are 14 African countries which are paying colonial debt to France. They have to put 85% of their foreign reserve into ‘Banque de France’. France has been holding the national reserves of 14 African countries since 1961:

Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo, Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon. François Mitterand prophesied in 1957 that: “Without Africa, France will have no history in 21st century.”

Even more ignominious is the fact that France has assassinated 22 African Presidents since 1963. During the last 50 years, 67 coups happened in 26 countries of Africa. 16 of those countries are French ex-colonies, which means 61% of the coups happened in Francophone Africa.
According to German publication Deutsche Wirtschafts Nachrichten, the former colonies of France must put $418 billion (400 Billion Euros) into the French treasury on annual basis. The French economy is surviving on Africa’s economic subjugation.
There were 147.5 million people in those 14 countries of Africa which are paying colonial debt to France as of 2013. This further explains that each person in the former colonies of France is paying an annual colonial tax of $2824 — almost $3000 — to the French govt.
Former French President Jacques Chirac said in March 2008:
“Without Africa, France will slide down into the rank of a third [world] power.”
Moreover, France has the prerogative to buy all the natural resources found in the land of its ex-colonies in Africa.
Even while issuing government contracts, French companies have to be considered first. In Côte d’Ivoire, French companies are controlling major utilities – water, electricity, telephone, transport, ports and major banks. Similarly in commerce, construction, and agriculture.
The “Defence Agreements” along with the Colonial Pact signed by the African countries allows France to deploy troops and intervene militarily whenever they deem necessary. There are permanent French bases in former colonies of Africa.


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Categories: Geopolitics, History

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