historicly (private feed for eshap.k@protonmail.com)
News & Politics
Last month, Italian Prime Minister Giorgia Meloni drew some waves when she (rightfully) criticized French Colonialism in Africa. She drew particular attention to the CFA Franc Zone.
While her critique was rightful, there is much to be said about her motivations.
Today, we are joined by Ndongo Samba Sylla, author of “Africa’s Last Colonial Currency” to talk to us about the brutal history of the CFA Franc and how it purposefully impoverishes Africa.
Show Notes
0:41 - Colony within a nation:
“Neoliberalism is another iteration of colonial logic, at least economically speaking”
5:14 - President Mitterand in 1957, “Without Africa, France would have no history in the 21st century”
6:48 - CFA Frank with two monetary zones
9:11 - Who liberated France?
10:11 - CFA Franc was born out of the devaluation of the French Franc
12:12 - Sham Decolonialisation
13:40 - Guinea
15:45 - Sekou Toure
17:34 - Fundamental Principles of the CFA system
21:06 - The third pillar “Guarantee of convertability”
* Central banks are obliged to deposit with the central bank 50% of their exchange reserves.
30:00 - Military Agreement with Relation to the CFA Frank
32:15 - Thomas Sankara Example
36:28 - French Interventions of Africa
38:53 - What is going on in Mali?
44:51 - Struggle against Monetary Repression
“Instant Misery Fund” = IMF
47:03 - Secrecy behind the CFA institutions
50:20 - France is a “Guaranteer”! What does it mean?
* Africans provided loans to the French Government.
56:03 - Myths surrounding the CFA Franc
What do you think about the CFA Franc Zone?
You can follow Ndongo Samba Sylla on Twitter
The Casualties of War - Part 1 with Hamit Dardagan
The Triumph of the Sandinistas with Dan Kovalik (feat Ben Rubenstein)
Entering the Dragon of Bruce Lee with Carl Zha
Blindingly Unjust with Christopher Dilworth - Part 2
Blindingly Unjust Part 1 with Christopher Dilworth
The Neocolonial Boundary with Todd Miller
Immoderate Rebels with Vanessa Beeley
All About Opium with Carl Zha
Morocco: Islam, Pirates and Science with Elijah Fanan
JFK and the Gangster Nature of our State with Max Good
Higher Immorality with Aaron Good
Russia and Beyond with Alexander Buzgalin
Spring is in the Air with Brian Mier of BrasilWire
Theoretically Speaking with Booker Omole from The Communist Party of Kenya
Torches of Freedom with Fran from Mango Press
The Critical Academic World War with Gabrielle Rockhill
A Historian's Guide to the Galaxy with Sean Johnson
The Rising Sons of Japan with Tim Shorrock
The Great Indian Naval Mutiny with Pramod Kapoor
Create your
podcast in
minutes
It is Free