Posted by: Dr. Y. | August 16, 2019

The 11 Components of the French Colonial Tax in Africa

10,000FCFA (BEAC-1992)

An old 10,000 FCFA from Central Africa

This is yet another favorite on the African Heritage blog.

Please take a moment to reflect on this colonial tax African countries have been made to pay for the past 70+ years, particularly in view of the new West African money ECO which is trying to come to life. We applaud the idea of a common currency in West Africa, and in Africa as a whole… remember that this was Kwame Nkrumah‘s dream and the forefathers of the African Union, but when we hear France’s puppet Alassane Ouattara of Côted’Ivoire say  that the ECO will be just another name for the FCFA, we can only scream against it, or rather against France’s scheming yet again to impoverish African countries. What France is doing to African countries, by getting over 500 billion dollars every year for free (Africa is funding Europe!), is the same thing that Nazi Germany did to France with their currency at the time of World War II: the FCFA was inspired from it. Yet… after pillaging Africa yearly and raping her daily, they do not seem to hold their economy down, dealing with unemployment, and the Yellow Vests! Free money is always like that: because you did not work for it, it always seems to run out quickly! It’s about time they think of a partnership… but then it is France, so that will probably never happen!

African Heritage

Carte des pays de la zone CFA Carte des pays de la zone CFA

African countries continue to pay colonial tax to France 50 years after their independence. This system is an abomination destined to keep African countries poor forever! Here are some excerpts from the article by Mawuna R. Koutonin. For the full article, go to France Colonial Tax , and do not forget to check out the article I wrote a while back on the Franc CFA: slave currency! Also, please read the book by Pr. Nicolas Agbohou on the subject:  ‘Le Franc CFA et l’Euro contre l’Afrique.’

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Did you know that many African countries continue to pay colonial tax to France since their independence till today?

sekou-toure-time-cover-021959-600 Sekou Toure, Cover Time Magazine, Feb. 16, 1959

Sékou Touré of Guinea decided in 1958 to get out of french colonial empire, and opted for the country’s independence, the french colonial elite in Paris got so…

View original post 1,235 more words


Responses

  1. I remember that post. You did a great job breaking it down to explain why the FCFA is a predatory Nazi currency. That was something I never realized until I came to your blog and seeing Dr. Mumbi briefly mention that money in one of her older videos.

    Like

    • Thanks Ospreyshire… I truly appreciate it.

      Liked by 1 person

      • You’re certainly welcome, Dr. Y.

        Like


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