French speaking African countries still pay colonial tax to France and so is the same for other countries.
When Guinea demanded independence from French colonial rule in 1958, the French unleashed their fury with more than 3,000 leaving the country taking their enteire property. In addition, they destroyed anything that couldn't be taken – destroying schools, nurseries, public administration buildings, cars, books, medicine, research institute instruments, tractors were crushed and sabotaged, animals killed and food in warehouses were burned or poisoned. In effect they were sending a message to all other colonies that the consqueences for jrejecting France would be high.
Colonialism as an enduring stain in Africa’s history, and economic oppression continue to exist. An article by Mawuna Remarque Koutonin, peace activist and editor of SiliconAfrica.com addressed this practice.
The article called attention to an ongoing practice by which former African countries are forced to pay a colonial tax to France – even today. In fact, France continues to thrive on the practice, which extracts approximately 500 billion dollars from African countries each year.
Colonial Tax in Billions
As of January 2014, 14 african countries are obliged by France, through a colonial pact, to put 85% of their foreign reserve into France central bank under French minister of Finance control.They are effectively putting in 500 Billion dollars every year to the French treasury. African leaders who refuse are killed or victim of coup. Those who obey are supported and rewarded by France with lavish lifestyle while their people endure extreme poverty, and desperation.
There are a number of components of the colonisation pact that has been in effect since the 1950's. The main points being that the African countries should deposit their national monetary reserves in the 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.
Despite the two main African banks having African names, they have no monetary policies of their own. In fact France allows them to access only 15% of the money in any given year. If there is need for any more, they need to borrow the extra money from their own 65% from the French Treasury at commercial rates.
The pact also included claused that Africa had an obligation to make French the official language of the country and the language for education and an obligation to use France colonial money FCFA (the Nordic countries tried unsuccessfully to get rid of this system when they discovered this).Also, they were obliged to send France an annual balance and reserve report. If they refused to send it, they would not be entitled to any money .
Obligation to ally with France in situation of war or global crisis
Over one million Africans soldiers fought for the defeat of nazism and fascism during the second world war. With their contribution ignored or minimised, the French know that Africans could be useful for fighting, which in effect shows that France is psychopathic when it comes to Africa.
The only question that remains unanswered however is when people first reaction when they learn about the french colonial tax is often a question: “Until when?”
Christof Lehmann wrote for nsnbc.me in 2012, “France is indebting and enslaving Africans by means of Africa’s own wealth; for example: 12.0000 billion invested at three percent creates 360 billion in interests which France grants as credits to Africa at an interest rate of five to six percent or more. The allegory of ‘Bleeding Africa and Feeding France’ is no exaggeration, not alarmist, and not revolutionary.”
https://www.worldbulletin.net/m/africa/french-colonial-tax-still-enforce-for-africa-h152967.html
So colonial reparations okay??