As indicated by this pan-African channel, France still obliged today, a few francophone African nations to pay a colonial tax to France. In other words, there are still African countries that pay large sums of money to France for the simple reason that these Francophone African countries are indebted to France for having colonized them.
This colonial tax continues to be paid despite the independence of African countries. Today, 13 Francophone African countries and Equatorial Guinea are obliged by France to put 85% of their reserves at the central bank of France.
The fourteen African countries that are obliged to pay the colonial tax and pay 85% of their reserves to the central bank of France include Benin, Burkina Faso, Guinea Bissau, Côte d’Ivoire, Mali , Niger, Senegal, Cameroon, Togo, Central African Republic, Chad, Congo Brazzaville, Equatorial Guinea and Gabon.
France allows these different African countries access to only 15% of their money. If they want to have a slightly higher amount than those 15%, they must necessarily borrow at commercial rates. It must be said that this step is serious in consequence, because it provokes the revolt of the African peoples who feel grossly exploited but also, this French method of exploitation of the African continent cultivates a deep hatred of the Africans towards France.
Several African observers converge without exception on the idea that Africans must put an end to such agreements which visibly keep Africa underdeveloped and consequently leave the continent in permanent misery.