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!
I had to share this snippet of Mallence Bart-Williams’ TEDx talk. It is so good. It says it all! We, Africans, are made to think that we are poor, when in reality, like Jacques Chirac, previous French president, said “without Africa, France will be relegated to a third world power.”
Mallence says it so well…”why is it that, 5000 units of our currency is worth 1 unit of your currency, when we are the ones with the actual gold reserves! It is quite evident that the aid is in fact not coming from the west to Africa, but from Africa to the Western world, the Western world depends on Africa in every possible way!“… “So sweet of you to come with your colored paper for our gold and diamond.” “we want to share with you our wealth and invite you to share with us.” And “…in nature, any species that is over hunting, over exploiting the resources they depend on for nourishment, natural selection will sooner or later take the predator out because it offsets the balance!” This is to all Africans, stop thinking yourself poor, and rise!
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, 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 furious, and in a historic act of fury the french administration in Guinea destroyed everything in the country which represented what they called the benefits from french colonization. …
Slowly fear spread through the African elite, and none after the Guinea events ever found the courage to follow the example of Sékou Touré, whose slogan was “We prefer freedom in poverty to opulence in slavery.”
[…] In March 2008, former French PresidentJacques Chiracsaid: “Without Africa, France will slide down into the rank of a third [world] power.”
Chirac’s predecessorFrançois Mitterandalready prophesied in 1957 that: “Without Africa, France will have no history in the 21st century”
At this very moment I’m writing this article,14 african countriesare obliged by France, trough a colonial pact, to put85%of their foreign reserve into France central bank under French minister of Finance control. Until now, [2017],Togo and about 13 other african countries still have to pay colonial debt to France.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.
[…] Below are the 11 main components of the Colonisation continuation pact since 1950s:
#1. Colonial Debt for the benefits of France colonization
The newly “independent” countries should pay for the infrastructure built by France in the country during colonization. …
1000 Fcfa_BEAO
#2. Automatic confiscation of national reserves
The African countries should deposit their national monetary reserves into France Central bank.
France has been holding the national reserves of fourteen 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.
“The monetary policy governing such a diverse aggregation of countries is …operated by the French Treasury, without reference to the central fiscal authorities of any of the WAEMU or the CEMAC. Under the terms of the agreement which set up these banks and the CFA the Central Bank of each African country is obliged to keepat least 65%of its foreign exchange reservesin an “operations account” held at the French Treasury, as well as another20% to cover financial liabilities.
The CFA central banks also imposea cap on credit extended to each member country equivalent to 20%of that country’s public revenue in the preceding year. Even though the BEAC and the BCEAO have an overdraft facility with the French Treasury,the drawdowns on those overdraft facilities are subject to the consent of the French Treasury. The final say is that of the French Treasury which has invested the foreign reserves of the African countries in its own name on the Paris Bourse.
In short,more than 80% of the foreign reserves of these African countries are deposited in the “operations accounts” controlled by the French Treasury. …” Wrote Dr. Gary K. Busch.
10,000FCFA (BEAC-1992)
It’s now estimated thatFrance is holding close to $500 billions African countries money in its treasury, and would do anything to fight anyone who want to shed a light on this dark side of the old empire.
The African countries don’t have access to that money.
France allows them to access only 15% of the money in any given year. If they need more than that, they have to borrow the extra money from their own 65% from the French Treasury at commercial rates.
To make things more tragic,France impose a cap on the amount of money the countries could borrow from the reserve. The cap is fixed at 20% of their public revenue in the preceding year.If the countries need to borrow more than 20% of their own money, France has a veto. …
#3. Right of first refusal on any raw or natural resource discovered in the country
France has the first right to buy any natural resources found in the land of its ex-colonies. It’s only after France would say, “I’m not interested”, that the African countries are allowed to seek other partners.
#4. Priority to French interests and companies in public procurement and public biding
In the award of government contracts, French companies must be considered first, and only after that these countries could look elsewhere. It doesn’t matter if the african countries can obtain better value for money elsewhere. …
As a consequence, in many of the french ex-colonies, all the majors economical assets of the countries are in the hand of french expatriates. …
French military bases in Africa (Source: Olivier Berger, SiliconAfrica.com)
#5. Exclusive right to supply military equipment and Train the country military officers
Through a sophisticated scheme of scholarships, grants, and “Defense Agreements” attached to the Colonial Pact, the Africans should send their senior military officers for training in France or French ran-training facilities. …
… France has trained hundreds, even thousands of traitors and nourish them. They are dormant when they are not needed, and activated when needed for a coup or any other purpose!
#6. Right for France to pre-deploy troops and intervene military in the country to defend its interests
Under something called “Defense Agreements” attached to the Colonial Pact, France had the legal right to intervene militarily in the African countries, and also to station troops permanently in bases and military facilities in those countries, run entirely by the French….
#7. Obligation to make French the official language of the country and the language for education
Oui, Monsieur. Vous devez parlez français, la langue de Molière! …
1000 FCFA (BCEAO)
#8. Obligation to use France colonial money FCFA
That’s the real milk cow for France, but it’s such an evil system even denounced by the European Union, butFrance is not ready to move from that colonial system which puts about 500 billions dollars from Africa to its treasury.
#9. Obligation to send France annual balance and reserve report.
Without the report, no money. …
#10. Renunciation to enter into military alliance with any other country unless authorized by France
… In the case France ex-colonies, France forbid them to seek other military alliance except the one it offered them.
#11. Obligation to ally with France in situation of war or global crisis
Over onemillion africans soldiersfought for the defeat of nazism and fascism during the second world war.
Their contribution is often ignored or minimized, but when you think that it took only 6 weeks for Germany to defeat France in 1940, France knows that Africans could be useful for fighting for la “Grandeur de la France” in the future.
Map of Haiti
There is something almost psychopathic in the relation of France with Africa.
France is severely addicted to looting and exploitation of Africa since the time of slavery. …
It’s up to us as African to free ourselves, without asking for permission, …
For historical comparison, France madeHaitito pay the modern equivalent of$21 billionfrom1804till1947(almost one century and half) for the losses caused to french slave traders by the abolition of slavery and the liberation of the Haitian slaves.
About 6 years ago, most African countries, particularly those in Francophone Africa, celebrated 50 years of independence. Yes… we were all told how many of them fought for their independence, how some of our forefathers bled to death, were killed, to get a chance to march proudly as Africans. We all cheered, and proclaimed ourselves independent. Then, a few months later, starting on 16 December 2010, the light shined on our “dependence”. On that fateful day of 11 April 2011, when the French army bombed the presidential palace of Cote d’Ivoire (and had been bombing all state institutions for over 10 days without any UN mandate and no declaration of war) and dragged its president and first lady in front of the world like mere criminals. In February 2011, NATO and the UN issued an order to bomb Libya and its institutions because Kadhafi was supposedly killing its people… They bombed Libya, killed, and uprooted its people. Today, 5 years later, the people of Gabon are now witnesses to their “obvious dependence” to France. Yes… you heard me right: these countries with that slave currency called FCFA are vassals of France, and today more than ever it has been made clear to us. “Vassals” you asked? “How come? we are independent?”… well, explain to me why a sovereign country with laws, institutions, and a constitution, will not be able to handle elections without meddling from France as was the case in Cote d’Ivoire in 2010 and currently in Gabon in 2016.
After I heard the French prime minister tell the Gabon president that he needed to have the elections recounted “bureau de vote par bureau de vote”, I thought: could the president of any African country ask the French people to recount their elections? Could the president of any African country tell the French president that he needs to pack his bags and let someone sit on his seat because he did not win the elections fair and square? Well, for starters, elections in Europe, and in America are usually won in the 50-55% range, and nobody says: “the country is divided in the middle”. Second of all, no candidate proclaims himself president before the results of the elections are announced by the constitutional court or supreme court of the country, like we just saw in Gabon. Third, no African ambassador to a European country or the African union calls the headquarters of the opponent or drags the person supposed to read the elections’ results to a hotel the day/hour he is supposed to read (Cote d’Ivoire 2010, where the French and US ambassadors took Mr. to Hotel Ivoire, headquarters of the opponent to read the results of an election). Fourth, nobody, and I mean nobody, goes to TV to issue warning to Bush or Gore to let go because they lost or won. Nobody sullies the constitution of another country. However, for the past 6 years, we have seen the constitutions of African countries being trampled upon by France, the European Union, NATO, and the US. Now, during hurricane Katrinawhen countless Americans were dying and their government was not raising a finger, did we Africans bomb their land? Did anybody go to the UN security council and say this is outrageous? Did anybody even talk? Did we interfere in that country’s government, and laws? In November 2015 when there was a terrorist attack in France, did the UN security council say to Francois Hollande: “you are destroying that country, your security is not tough enough, basta … we will take it from here”? NO…
Libreville today
SO now when I hear French ministers having a say in the Gabonese elections, and some French journalists telling us “prior to these elections, Ali Bongo reached out to the Americans, looking for a rupture with France, how dare he?” I say “are we really independent?”
Un article du journal Notre Voie vient d’annoncer la dévaluation imminente du Franc CFA, prévue pour le 1 er Janvier 2012. Bien que cela m’étonne, c’était à envisager, vu que l’Europe va mal, que la France est en faillite, quoi de mieux que de dévaluer le FCFA et multiplier son argent par 2, et les dettes des pays francophones envers la France qui vont aussi être multipliées. Les seules personnes à déplorer là-dedans sont bel et bien ces africains, intello ou ignorants, qui ont applaudis lorsque les bombes françaises tombaient sur les civils ivoiriens et le président Gbagbo, tous ceux-là qui ont gloussé de joie quand le peuple libyen se faisait bombarder par 42 nations (l’OTAN) pendant plus de 8 mois. Ils ont applaudis, disaient-ils, parce que le ‘dictateur’ Gbagbo devait partir… dommage car c’est bien Gbagbo qui avait commencé à imprimer une monnaie ivoirienne (le MIR). Ils applaudissaient parce que, disaient-ils, le ‘dictateur’ Kadhafi devait partir… dommage car c’est bien Kadhafi qui avait crée et financé le fonds monetaire africain et la Banque centrale africaine qui devaient ouvrir leurs portes ce Décembre… dommage car c’est bien Kadhafi qui préconisait l’indépendance réelle de l’Afrique et une monnaie telle l’or pour les échanges. Au lieu de cela, les africains sont restés silencieux ou ont gloussé de joie quand deux pays souverains africains étaient bombardés par des forces externes sans aucune déclaration de guerre. N’avions-nous pas vu le peuple ivoirien se réunir à l’appel de Charles Blé Goudé le 26 Mars pour une veillée en support à leur président? N’avions-nous pas vu le peuple libyen se reunir a Bab-Al-Aziziyah le 1er Juillet, liant leurs mains et leurs drapeaux verts sur plusieurs kilomètres, en support a leur Guide? Que dire de quelqu’un qui applaudit quand la maison de son voisin vole en flammes? Que dire de quelqu’un qui ne bouge pas d’un pouce lorsque la maison de son voisin brûle? Ou lorsqu’elle est pillée de toutes parts? Est-ce un lâche? Est-ce un idiot? Non… plutôt un fou!
1000cfa (BEAO – 1983)
Aujourd’hui la dévaluation du Franc CFA est imminente… que faire de ce continent plein de lâches et fous? Qu’est-ce-que le peuple qui a supporté Gbagbo ou Kadhafi doit faire… car là-dedans il y a bien eu des gens censés, il y en a qui ont denoncé et continue de denoncer… Que faire quand il y en a parmi nous qui sont hypnotisés par le mot ‘démocratie’ sans vraiment comprendre ce que c’est que la democratie? … le 26 Mars nous avons vu le peuple ivoirien à Abidjan clamer son amour du beau et de l’indépendance; le 1er Juillet nous avons vu le peuple libyen clamer sa joie et son amour du Guide… c’est ça la vraie démocratie… et non la fusicratie (‘Je ne t’aime pas, je te tue’… ou plutot ‘je désire ton or, alors je te bombarde’).
25000 FCFA (Banque Malgache-1994)
J’ai appris il y a de cela quelques jours que la compagnie aérienne Swiss ne s’arrêterait plus au Cameroun, que Air Ivoire avait été vendue à Air France… et j’ai crié le ciel pour cette grosse malédiction, car comme je le disais en Avril lorsqu’on bombardait la Cote d’Ivoire, ‘si on ne fait rien la recolonisation de l’Afrique aura bel et bien commencé!‘ Que penser de ce continent ou on doit prendre Air France pour se déplacer d’une capitale africaine à une autre?Comment comprendre que l’on prenne Air France pour aller de Yaoundé à Brazzaville? de Dakar à Abidjan? ou de Lomé à Ouagadougou? ou de Niamey à Nouakchott? Quelle incongruité? et avec la dévaluation, mes freres africains seront servis! … bonjour l’asservissement total! Comment traiter avec la Chine avec une monnaie de singe? Comment prétendre vouloir de nouveaux rapports et se tourner vers la Chine pour les profits commerciaux quand on doit encore verser 70% de ses revenus à la métropole à cause de cette monnaie? Quelle incongruité! Oh je pleure pour toi, pauvre Afrique… tu es trop pleine de lâches et de fous! Je vous invite a voir cette vidéo sur l’histoire du Franc CFA (N’oubliez pas de regarder Parties 2, and 3).
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.
About 
After I heard the French prime minister tell the Gabon president that he needed to have the elections recounted “bureau de vote par bureau de vote”, I thought: c
African Heritage 