The Currency is Valueless in France and many European Countries. Akon said when interviewed, that he took thousands CFA from Senegal to Paris, and he want Change it. And the say the Money is Valueless in France. Is just exploitation
Thomas Sankara said, whoever feeds you control you. I request all west African brothers and sisters to get in the street and push these 14 Francophone countries to get rid off French CFA.
Stop the nonsense by calling Africans anglophone and francophone nonsense! We are sub Sahara Africans, we had our diverse rich cultures , traditions and languages before the cave man arrived!
Alex Owusu-Ansah. Great point! the most disturbing example of this is in Cameron where "Anglophone and Francophone" natives of the same country are now opposing each other.. (facts)
@@TabsT-vy5jy Africa handled itself for thousands of years before the colonizers came and deliberately disrupted the continent for centuries. By the way, the racist undertone of your question is disgusting.
@@TabsT-vy5jy Africa has been ''handling itself'' for thousands of years before France existed. Where was France when the black Africans of ancient Egypt were bringing science, mathematics, astronomy, medicine, architecture, and state administration to the world?
The African mans captivity is mental,we evolved as a culture out of the artistry of illusions of the arabs and the Europeans: the African mans perceptions of the world and himself are distorted by these illusions: illusion of inclusion, the illusions of material prosperity, the illusions of moral supremacy and white superiority. All these are illusions that shaped the mind ,relationship and ways of captor and captive .colonization was the tool to which this illusions thrived. It's like a magician who has put a spell on his audience's with his trickery and make believe illusions. However what Africans should understand is this:the best way is not to fight it with rage ,or bitterness or agitation ,but to simply look away , starting first by looking inwards.
I'm so glad to see the comments are all in unison against the economically barbaric bullying of entire nations in Africa, well done guys, your hearts are in the right place, please encourage your leaders with the facts and let them know what's in your minds and hearts
The CFA is in place because it brings economic incentive and stability to France ...not the African countries that are stuck on it. The African countries care poor because they're stuck on CFA. France's "generosity"is only limited to itself. The African do not need their permission to establish their own currencies.
Paul is talking Blue Sky man. What does he mean by poor African countries? How can they be poor when they plays their foreign currency reserves in France?
Thanks for the topic, but I can't believe people still talking about the advantages of the FRANC CFA for Africans. These advantages as mentioned by speakers only concern zone francs companies, governments, and politicians to make and Extradit their money form Africa. What is the utility of any currency, if it can't allow funding country's development, micro-enterprises, and population daily activities?
There’s no advantage in any deal that would compel me to give you the 85% of my annual salary that would equally compel me to have to run to you each time that I need to pay for food, clothings, and shelter. And instead of you to give me my money, you loan me my money at a commercial interest rate. And not only that, my money keeps yielding a high interest for you in the world money market making you one of the first five strongest economies in the world. If this arrangement was all that good as these “Eiffel Tower Hugging Analysts” have professed in this video, how then did these victim nations fall in the categories of the top poorest nations in the world despite the abundance of their natural resources? Let France go to the Chinese, the Malaysians and other European countries and help them boost their economies with those kind of arrangement. Africa is now saying, NO MORE. Just forget about all these POINTLESS TALKS.
Nigerian banking sector has won multiple awards sanusi lamido the ex Central Bank of Nigeria governor won multiple awards for his excellent work and some of the best banks in Africa such as United Bank for Africa, Guarantee Trust Bank, Intercontinental Bank etc are all Nigerian banks so Nigeria is a good example that Africans can handle their Banking sector themselves, the professor is a fool for trying to argue otherwise.
It's apparent that the growth of Nigeria's economy is directly correlated with its lack of foreign associations. Cliche - If you want something to be done right, you must do it yourself. Pray for Ruler Nana Akufo-addo Pray for a United Black Africa. BLACK AFRICA UNITE BLACK AFRICA PROTECT BLACK PEOPLE Love from America
Stop with the lying! So you are calling them too stupid to be able to control their own currencies yet other African countries are doing just that e.g Kenya, Uganda, Tanzania, Nigeria only to name a few???
What did the guy from Portugal mean it would be hard to for those countries without being prepared from France first. France never prepared those countries in any way or form but sucked them dry. Africa never ever needed anything from any other countries. Africa always had more than any other continent we just didn’t know how to explore what we have in the beginning and now we do so game is over.
They should leave Africa now ..The African people should not give into fear and uncertainty, push ahead.. what’s the worst that could happen .. suffering and poverty ? You already are going through that and you’re still surviving.. Be bold take up the reigns and chart your own course.. Do it yesterday
I'm so proud of you AFRICA for looking out for yourself. Now you can make money from your own resources, cocoa, markets, banks and etc instead of the colonizers. This will assure the wealthiest country in the world to maintain itself, to trade with AFRICA as much as possible. I hope to luve long enough to see you removed entirely from those who hate you, oppress you, exploit you, mistreat you and plunder you. May you prosper from your own resources & not the colonizers.
That black guy who is the guest is very weak he is not bringing the right points on the table, another thing is this burg of Anglo and francophone bullshit has to end there is only west Africa.
So is only france money that can stop inflation or attract foreign investors, is it by force to marry, we nor marry again, who want to trade can do dollar exchange trade to Africa national Currency
Down with the CFA up with West African Eco, there will be hard times of course but it will work out eventually it is far better for all of West Africa as opposed to the CFA and it will help them gain freedom did you see how macron summoned presidents of the CFA countries to France like they were some school boys and he was their principle if they decide not to go he can punish them economically since 85% of their finance is saved in France with the French national bank.
Why can't they live west Africa alone to develop their own countries. What is wrong with this western coast. The diaspora should be strong and fight in this. The cfa is what is making Africa poor and poor
Defending Africans interest was what killed Patrice Lumumba in DR Congo in 1961 and in this particular issue stay strong and united otherwise there will be coups and assassinations
That’s a stupid criteria in order to adopt a currency. That’s another red tape not to adopt the currency, the purpose of adopting the currency is to facilitate trade and stop unnecessary taxes between brother and sister nation, it’s that simple.
Let's start visiting other African cities for vacation and boycott some of these European countries. This ppl learn in the next decade. Peace in Africa is a key........
'Non-Dependence' would seem the most reasonable state to attain after fighting off colonial rule. Colonisation is always about creating dependence. A country that has weaned itself from its colonial power should become non-dependent. Hitherto, there were no economic alternatives to forging close relationships with colonial powers, but the new world order spurred by the emergence of a strong Chinese economy is opening up possibilities and giving Africa the opportunity to renegotiate this one-sided relationships that have burdened our people for hundreds of years.
Ruwanda is getting better and better everyday why ??? Ruwanda kicked out the french if other africa country did not learn from Ruwamda l do not know when they ate going to learn !!!!!
Financial people like make things appear more difficult than they are. There is not difference between the general feeling people have and what that currency really is for the simple reason that people are against it because it has failed to support their economic growth. Any African country, should have the liberty to choose their policy in other to fulfil their people needs. The CFA Franc is not without political counter parts, stop being hypocrites. Also, I'm wondering how an African can stand there and say: After the indepences, no African countries managed to succed with their own currency. For a mather of fact many examples can be found with the proof that western powers (like France) made all the necessary for the them to fail, like in Burkina Faso where they injected fake cash in the market etc ...
It’s Clare that There is no respect for these French countries by France because France is holding these countries economies by their throats. He dare skip them to trade with Nigerian is a joke. Can someone explain it abit better for me. Maybe I wasn’t Clare with that part
You must save Central Africa. I heard France has a new plan to change the new currency from franc to eco. Why do you, as media people, have to save Africa? Please, for example, the citizens of Central Africa have no right so that you cannot oppose nor anything. This is slavery. Unfortunately, France stole all the natural resources in Central Africa and the citizens are hungry and thirsty😭😭💔💔
Why are they always talking about stability, what's the use of stability when theres no real economic growth. Even in comparison most of the These so called countries in West Africa using the CFA are in short fall of Ghana, Nigeria etc. So now that the Eco is coming into force its going to serve even a better role. And notice how the dude in Paris is staggering around in answering a simple question...how much does France benefit from the CFA. Hmm we shall see what happens next.
You puppets should listen up! We are not Anglophone or Francophone.....WE are Fula-phone, Akan-phone, Yoruba-phone, Somali-phone, Kikuyi-phone, Hausa-phone, Tri-phone, Zulu-phone, Kiswahili-phone, Wollof-phone, Ahmari-phone, Igbo-phone, Bambara-phone, Tika-phone....Keep interjecting yourselves into African Affairs, African youths of the 21st Century are taking note, especially for the traitors and puppets.
I hate to hear francophones or anglophone like you're saying. Africa is the mother of civilization so we have our own language and culture. They stole all from us. Africa win
I think colonisation between white nations such as between Britain and Australia or between France and Belgium is not the same as the African colonisation by a white nation. That’s why Kenya and Australia are both colonised by Britain but Australia is much much advanced. I think exploitation is worse than colonialism. I should not overate my criticism on white but deciding factor is how much responsibility we should take for our selves. Don’t forget we had the worst massacres since independence where foreign weapons was involved. How come responsibility is our issue as Africans. I mean we are paying for foreign weapons that is killing us. We are using foreign languages between our nations and we are calling States groups that had been lumped together by Borders we had not invented. Further we are ganging up on certain African people because a certain colonial country didn’t colonise it. I criticise Irresponsible madness and behaviour on our side too. Our youth has nothing to look forward to because Africa’s money is gone and no one is employing them. Redraw the Map and tell me if an ex- coloniser is taking an offence. This is how the Scandinavia took stand
...so you mean you didn't find African Professors to speak to this issue? Look for African experts to speak to African issues. Please. stop patronizing your listeners.
Do not listen to the fears being projected by the oppressor. Africa you do not need them as much as they need you. Brilliance, power, wealth, & spirituality is in your DNA Momma Africa.
Anthony C Fletcher - ANY NATION (France, China, England,Russia etc.) that is " doing business" with AFRICA is NOT doing business with Africa - but more like BLEEDING AFRICA DRY...
I understand and hate it but it’s hard to refer to these countries otherwise especially since he is trying to refer to countries that are from several geographical regions(west and Central Africa) so I think that’s the only word that would go. Please suggest another word if you know one so we can get rid of it. We could also come up with an African name for francophone Africa
Do you see the impact of being taught in the colonizers language. This is why all Africans have to heed Julius Malema and Dr. Kwame Krumah call. Make kiswahili our all African peoples official language of Business and instructions. Kiswahili should be introduced in all primary schools on Africa as a language of instructions then after 5 years it must be promoted to all levels of communication in all African countries.
@Mohammed Bapalori Ninya brother, I agree but, if it's already a widely spoken language then, it would still be better than those euro-trash languages!
@Mohammed Bapalori Ninya Kikongo a native language from Kongo kingdom which have a lot of in common with many bantu ethnic group...you hate those folks but you have their name...lol...just kidding bro
Agreed! There needs to be a Movement with Chapters in Every Single African Country that promotes the Unity of the Entire Continent as One Single Country with One Single Currency that's Power!! ✊🏾✊🏾✊🏾
I can't even listen to these fools. They talking lies, nonsense and just manipulations.. Can't negotiate with these thieves for there thinking has never change! More Robbery, murder, pillaging, and rape is all they know and will continue to do..
If France was doing it purely to be helpful why is it so difficult to stop "Helping". Because they have been gaining from it that's why they don't want to let go. The African countries pay interest on their own money they saved in French bank where does that happen? Imagine you paying your bank whenever you withdraw money till you return the money you took out its crazy
There needs to be a Movement with Chapters in Every Single African Country that promotes the Unity of the Entire Continent as One Single Country with One Single Currency that's Power!! ✊🏾✊🏾✊🏾
I don't even understand how African money end up been Deposit in France. African money should be in Africa bank in our mother land. I have never heard that France or other countries Deposit their money in Africa.
At the ending of colonial area (on paper) the french forced all the 14 countries at gunpoint to sign a devils contract to hand over all the national bank reserves to France.
Sentiment??France has shown its hand with its treatment of Haiti. So the response of Africa must be to protect itself from France at all cost. Its not about "individual " African nations, but about One whole integrated Africa.....
No more depositing to France banks Africa is capable to handle there own economic welfare there're 54 countries on the continent, set up one to be our swiss bank so to speak. We don't need Europe. Europe need us. The day Africa get full control of its economic power the Westerner would be so jealous of Africa that they would be flying to the continent for holidays and just about for everything else. And African country must put in place that all western countries must need of visa to come to Africa. But African wherever they may be can come and go without a visa cause it their continent.
Thank you Dr.Arikana for bringing this nonsense from France to light to all Africans in the diaspora.Simple and plain have your own currency and be free from the colonizer.How on earth can you deposit all your money in a colonizers central bank.He will strangle you at the blink of an eye.