Posted by: Dr. Y. | September 15, 2017

FCFA: France’s Colonial Tax on Africa

10000FCFA-1978

10000FCFA-1978

As the battle to end the FCFA, the Slave Currency, intensifies, I have decided to share with you this video about it. It tells it all, the mathematics of it in a short time. This has to stop. We, Africans, deserve to be independent, and independence starts with the ability to define how to use our money.

To summarize, the FCFA is the colonial tax paid by African countries to France since their independence. As Mawuna R. Koutonin says it, “African leaders who refuse are killed or victim of a coup. Those who obey are supported and rewarded by France with lavish lifestyle while their people endure extreme poverty, and desperation. It’s such an evil system even denounced by the European Union, but France is not ready to move from that colonial system which puts about 500 billions dollars from Africa to its treasury year in year out.” No wonder the French people are always on strike, requesting shorter times of work (32 h vs 35 h vs 37h per week): because Africans are slaving for them, and every year they get 500 billion dollars without even having raised a finger!


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