Is France Trying to (re) Colonize Africa?

500 Fcfa_BEAO
1000 FCFA (West African CFA)

On the eve of Christmas last year, the Côte d’Ivoire President, Alassane Ouattara, and the French president Emmanuel Macron announced the “end” of the FCFA and the introduction of a new currency, the ECO, to replace the treacherous FCFA currency. Many have applauded the announcement, but to me, it looks more like a coup perpetrated by France on African countries to colonize even the countries it never colonized, … simply by using currency.

The FCFA is a colonial tax imposed by France on its former colonies which amounts to at least 500 billion Euros every year in the coffers of France without having to raise a finger, as African countries which are part of this FCFA zone deposit 50-60 % (at one point it was 85 %) of their foreign reserves into France central bank.

A few things were already fishy with the Ouattara-Macron announcement:

ECOWAS_members
ECOWAS Member States

1. Only FCFA countries in West Africa (BeninBurkina FasoGuinea-BissauCote d’IvoireMaliNigerSenegal and Togo) will have their currency changed to the ECO, while the FCFA countries in Central Africa (CameroonCentral African RepublicChadRepublic of the CongoEquatorial Guinea and Gabon) will continue to have the FCFA as a currency and to send out 60 % of their reserves to France. Why is it only West Africa moving on to the ECO? Isn’t the FCFA used by 15 countries in West Africa, Central Africa, and the Comoros? Why is the break only for West Africa then? Sounds like a divide-and-conquer tactic!

2. Also, France says the new currency’s value will be pegged to the Euro, similar to the way the FCFA‘s value was pegged to the French Franc, and now to the Euro. The ECO will remain fixed to the Euro, though the required deposits from these nations into French coffers are now eliminated (how true is this?) and France will no longer hold a seat on the UEMOA-linked West African central bank; it will instead send its puppets like Ouattara.

FCFA_Franc_map
FCFA Map

Why do I call this a coup? The ECO is the currency that the  Economic Community of West African States (ECOWAS), 15 members of the West African union, had been working on for years, to be rolled on the entire territory of their union to facilitate exchanges between countries. Thus the name ECO stems from ECOWAS. The 15 member states of the ECOWAS are Benin, Burkina Faso, Cape Verde, Ivory Coast, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo. Out of these 15 countries, 6 are not part of France’s pré-carré, and thus do not use the FCFA: NigeriaGhana, Gambia, Cape Verde, Liberia, and Sierra Leone. As you can see, Africa’s second biggest economy, Nigeria with its Naira is part of the ECOWAS, as well as Ghana with its Ghanaian cedi. This is also the reason why only the West African Franc zone countries will move to the ECO while the Central African Franc zone will not: because France is simply stealing the ECOWAS idea! Given the protests in recent years asking for France to step away from the FCFA and to leave African countries alone, France had no real choice but to act as if they had taken into considerations the requests. Now, France is trying to stage a coup on stable economies such as Nigeria and Ghana which have been fighting so hard to re-create President Kwame Nkrumah‘s dream of a common currency in the region and in Africa as a whole.

ECOWAS_Flag
ECOWAS Flag

In essence, France is simply hijacking the idea of the ECO. More importantly and this is cause for serious action, France is trying to colonize some of Africa’s biggest economies simply by using the currency! This is extremely deceitful, and we pray that NigeriaGhana, Gambia, Cape Verde, Liberia, and Sierra Leone, will not fall for this. France is simply trying to harvest where it never sowed (as always), with the help of its puppet, Ouattara!

As a last note, it is about time that we, Africans, those who are still in the FCFA zone, those from whom France collects 500 billions Euros every year, it is high time to awaken, and to break the chains of slavery. Thomas Sankara said in his 1984 speech at the UN, “the slave who is not capable of assuming his rebellion does not deserve that we feel sorry for him. This slave will respond only to his misfortune if he is deluding himself about the suspect condescension of a master who claims to free him. Only struggle liberates …!AFRICA MUST UNITE and FREE ITSELF!!!

To learn more, read my articles The 11 Components of the French Colonial Tax in AfricaFCFA: France’s Colonial Tax on AfricaAfrica is funding Europe!, and also read this article on Africa Report.

“Le saviez-vous ? 14 pays africains contraints par la France à payer l’impôt colonial pour les « avantages » de l’esclavage et de la colonisation” – Mawuna R. Koutounin

10,000FCFA (BEAC-1992)
10,000FCFA (BEAC-1992)

Below is the original article published by Mawuna R. Koutounin on Mondialisation.ca on Feb 20th 2014. I had accessed it on April 17 2017. Today, this article has disappeared from the website. This article is the basis for The 11 Components of the French Colonial Tax in Africa. Enjoy and share with all!

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Le saviez-vous ? 14 pays africains contraints par la France à payer l’impôt colonial pour les « avantages » de l’esclavage et de la colonisation

Par Mawuna Remarque Koutonin

Mondialisation.ca, 20 février 2014

siliconafrica.com

Région : Afrique subsaharienne

Thème: Histoire, société et culture

francafrique-Foccart et Houphouet
Jacques Foccart et Felix Houphouet-Boigny 

Photo : Foccart & Houphouet-Boigny, les pères fondateurs de la françafrique

Le saviez-vous? Aujourd’hui encore, beaucoup de pays africains continuent de payer un impôt colonial en France, et ce malgré l’indépendance !

Lorsque Sékou Touré de Guinée décida en 1958 de sortir de l’empire colonial français, et opta alors pour l’indépendance du pays, l’élite coloniale française à Paris était s’est indignée, et dans un acte de fureur historique, demanda à son administration alors en place en Guinée de détruire, dans tout le pays, ce qui représentait, à leur yeux, les avantages de la colonisation française.

Trois mille Français quittèrent le pays, en prenant tous leurs biens et détruisant tout ce qui ne pouvait être déplacé: les écoles, les crèches, les bâtiments de l’administration publique furent détruits, les voitures, les livres, les médicaments, les instruments de l’institut de recherche, les tracteurs ont été écrasés et sabotés; les chevaux, les vaches dans les fermes ont été tués, et les nourritures entreposées furent brûlées ou empoisonnée.

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

Le but de cet acte scandaleux était bien évidemment, d’envoyer un message clair à tous les autres colonies sur les conséquences du rejet de la France.

Le fait est que peu à peu, la peur s’empara des Élites Africaines, et après ces événements aucun autre pays ne trouva jamais le courage de suivre l’exemple de Sékou Touré, dont le slogan était « Nous préférons la liberté dans la pauvreté à l’opulence dans l’esclavage ».

Pour les pays nouvellement indépendant il fallut trouver des compromis avec la France. Sylvanus Olympio, le premier président de la République du Togo, un petit pays d’ Afrique de l’Ouest, trouva une solution susceptible de calmer les Français :

Ne voulant pas continuer à subir une domination française, il refusa de signer le pacte colonisation proposé par De Gaule, mais accepta en contrepartie de payer une dette annuelle à la France pour les soi-disant avantages obtenus lors de la colonisation française.

Ce furent les seules conditions de la France pour ne pas détruire le pays avant de partir. Toutefois, le montant estimé par la France était si grand que le remboursement de la soi-disant « dette coloniale » était proche de 40 % du budget du pays en 1963. Continue reading ““Le saviez-vous ? 14 pays africains contraints par la France à payer l’impôt colonial pour les « avantages » de l’esclavage et de la colonisation” – Mawuna R. Koutounin”