- Created: Thursday, 10 August 2017 12:52
- Written by Séamus Padraic
Fourteen African countries, including Burkina Faso (above), continue to pay colonial tax to France
On 8 July at the G20 conference in Hamburg, French President Emmanuel Macron was asked about the possibility of creating for Africa something like the Marshall Plan which was used to fund European reconstruction following the Second World War. The ‘social-liberal’ president responded by stating that the continent’s contemporary problems are ‘civilizational’ rather than developmental. A major source of the continent’s troubles, according to this ‘centrist’, was African women each having ‘seven or eight’ children. He added that a ‘simple money transfer’ is not the answer. These comments are a reactionary denial of the root of Africa’s problems – imperialism.
A 2014 report by Curtis Research, Honest Accounts? The true story of Africa’s billion dollar losses, found that 47 countries classified as ‘sub-Saharan Africa’ by the World Bank suffer a net loss of $58bn a year.1 While $134bn flows in, predominately in the form of loans, foreign investment and ‘aid’, $192bn flows out, mainly in the form of profits of neo-colonial foreign companies, tax dodging and the costs of adapting to climate change. Africa is being drained of the resources it needs for development to maintain the wealth of the imperialist powers.