I knew that after Haiti got its independence in 1804, France made Haiti pay compensation for the lost of its colony. I never knew that France continued this practice with its African colonies in the 20th century, much less that it is still receiving payments. Last year 14 nations paid France a total of $ 500 billion as “colonial tax.”
When Guinea, France’s first African colony declared their independence, France threw a hissy fit, and destroyed all the infrastructure they had built in the country. This threat hung over the negotiations France had with all their other African colonies. The countries made to sign this colonial pact are: Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo, Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon.
But wait, there is more! France imposed the following conditions on African Nations:
1)Pay the colonial tax
2) They must place their national monetary reserves in the French Central Bank. In any given year, an African country can withdraw no more than 15% of their reserves without first gaining France’s permission.
3) Priority given to French interests and companies in public procurement and public bidding.
4) Right of first refusal over any newly discovered natural resources.
5) Exclusive right to train military personnel and provide military equipment.
6) The right to deploy French troops into the African countries to protect France’s national interests.
7) Obligation to make French the official language of the country and the language of education.
8) Obligation to use French Colonial Money.
9) Obligation to send France an annual report on the state of the country’s finances
10) The African countries cannot enter into an alliance without the approval of France
11) The African countries are required to provide military support to France when asked.
Basically, France never really gave up their colonies. The EU has criticized France over this, but French such as Jacques Chirac whine that without their African resources France will fall to the status of a third world country. He actually said this in 2008. Did he hear the words coming out of his mouth?
Welp, I am never buying anything from France again, ever.