Uploaded March 2023 | Updated September 2026, 2 weeks ago
Much of France's African empire fell away during decolonization but 15 nations still remain under its control: Senegal, Mali, Ivory Coast, Guinea-Bissau, Togo, Benin, Burkina Faso, Niger, Cameroon, Chad, CAR, Gabon, Equatorial Guinea, the Republic of Congo, and the Comoros. These countries use the CFA Franc, a currency created and controlled by Paris. The results of this monetary colonialism have been devastating. Not a single CFA nation is among the 10 richest countries in Africa. But of the bottom 10 poorest, half are in the CFA zone. France regularly devalues the CFA Franc to buy cheaper goods at the expense of the 183 million Africans in the CFA zone whose savings are devalued. Hear from activists and their lived experience as they discuss the battle against monetary colonialism.
#HumanRightsFoundation #HRF #SXSW #Dissidents&Dictators
Chapters:
00:00:00 - Exploitation of the CFA Currency System
00:06:34 - French Colonial Exploitation of African Countries
00:12:41 - The Colonial Pact and Exploitation
00:18:53 - The Risks of Government's Printing Money
00:25:01 - The Struggle for Financial Independence in Togo
00:31:07 - Bitcoin Adoption in West Africa and Central Africa
00:37:00 - Mining with Renewable Energy in East Africa
00:42:45 - The Impact of Interest Rates on Global Currencies
00:48:35 - Corruption and Restructuring
00:54:13 - AfroBitcoin Conference in Accra
Learn more about our #Dissidents&Dictators podcast series: hrf.org/programs/dissidents-and-dictators
Learn more about our work at the Human Rights Foundation!
Website: hrf.org
X (formerly known as Twitter): twitter.com/HRF
Instagram: instagram.com/hrf
LinkedIn: linkedin.com/company/hrf
Subscribe to HRF’s Substack: humanrightsfoundation.substack.com
Join us in promoting freedom where it’s most at risk!
Donate today: hrf.org/?form=donate
#CFAfranc #MonetaryColonialism #AfricanActivists #BitcoinAdoption #FinancialFreedom #EconomicSovereignty #OppressiveRegimes #ExploitativeSystems #Entrepreneurship #Remittances #FinancialInclusion #Decentralization #Cryptocurrency #Decolonization #AntiColonialism #HumanRights #Democracy #Innovation #Senegal #Togo #WestAfrica #CentralAfrica #FrenchColonialism #EconomicGrowth #Corruption #Censorship #RegimeChange #Revolution
Much of France's African empire fell away during decolonization but 15 nations still remain under its control: Senegal, Mali, Ivory Coast, Guinea-Bissau, Togo, Benin, Burkina Faso, Niger, Cameroon, Chad, CAR, Gabon, Equatorial Guinea, the Republic of Congo, and the Comoros. These countries use the CFA Franc, a currency created and controlled by Paris. The results of this monetary colonialism have been devastating. Not a single CFA nation is among the 10 richest countries in Africa. But of the bottom 10 poorest, half are in the CFA zone. France regularly devalues the CFA Franc to buy cheaper goods at the expense of the 183 million Africans in the CFA zone whose savings are devalued. Hear from activists and their lived experience as they discuss the battle against monetary colonialism.
#HumanRightsFoundation #HRF #SXSW #Dissidents&Dictators
Chapters:
00:00:00 - Exploitation of the CFA Currency System
00:06:34 - French Colonial Exploitation of African Countries
00:12:41 - The Colonial Pact and Exploitation
00:18:53 - The Risks of Government's Printing Money
00:25:01 - The Struggle for Financial Independence in Togo
00:31:07 - Bitcoin Adoption in West Africa and Central Africa
00:37:00 - Mining with Renewable Energy in East Africa
00:42:45 - The Impact of Interest Rates on Global Currencies
00:48:35 - Corruption and Restructuring
00:54:13 - AfroBitcoin Conference in Accra
Learn more about our #Dissidents&Dictators podcast series: hrf.org/programs/dissidents-and-dictators
Learn more about our work at the Human Rights Foundation!
Website: hrf.org
X (formerly known as Twitter): twitter.com/HRF
Instagram: instagram.com/hrf
LinkedIn: linkedin.com/company/hrf
Subscribe to HRF’s Substack: humanrightsfoundation.substack.com
Join us in promoting freedom where it’s most at risk!
Donate today: hrf.org/?form=donate
#CFAfranc #MonetaryColonialism #AfricanActivists #BitcoinAdoption #FinancialFreedom #EconomicSovereignty #OppressiveRegimes #ExploitativeSystems #Entrepreneurship #Remittances #FinancialInclusion #Decentralization #Cryptocurrency #Decolonization #AntiColonialism #HumanRights #Democracy #Innovation #Senegal #Togo #WestAfrica #CentralAfrica #FrenchColonialism #EconomicGrowth #Corruption #Censorship #RegimeChange #Revolution
