Coups in Gabon & Niger in Africa spell an end to ’Francafrique’? | World at War

The French African empire has ended only in political terms. But economically, even to this day a total of 14 African nations have their economies tied to the French Central Bank. These nations must deposit half of their foreign exchange reserves with the French treasury. What this effectively means is that 14% of the African population that lives on over 965,000 square miles of land, that represents about 12% of the African continent’s GDP has no financial sovereignty. So, the events that are being witnessed in Gabon & Niger, and certain other countries in Africa at this moment are happening in a context. What is unfolding is the unravelling of the exploitative system of Francafrique. Of France’s weakening stranglehold on the resources of West and Central Africa. Mohammed Saleh gets you more details. #france #gabon #africa About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at Check out our website: Connect with us on our social media handles: Facebook: Twitter: Follow us on Google News for the latest updates Zee News:- Zee Business:- DNA India:- WION: Zee News Apps: