Did you know many African countries continue to pay colonial tax to France since their independence till today?
14 African countries, mostly in West Africa, are forced by France through a colonial pact with overt and covert means to deposit 65% (down from 100% where it started) of their foreign exchange reserves, and all revenues earned outside of the french colonial money zone called CFA, into a Central Bank in France.
These countries have to keep not only
Mawuna Koutonin is a world peace activist who relentlessly works to empower people to express their full potential and pursue their dreams, regardless of their background. He is the Editior of SiliconAfrica.com, Founder of Goodbuzz.net, and Social activist for Africa Renaissance. Koutonin’s ultimate dream is to open a world-class human potential development school in Africa in 2017. If you are interested in learning more about this venture or Koutonin’s other projects, you can reach him directly by emailing at firstname.lastname@example.org.