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14 african countries are obliged by France, through a colonial pact, to put 85% of their foreign reserve into France central bank under French minister of Finance control.They are effectively putting in 500 Billion dollars every year to the French treasury. African leaders who refuse are killed or victim of coup.
forced to use the franc, kill presidents if don’t agree.
When Guinea demanded independence from French colonial rule in 1958, the French unleashed their fury with more than 3,000 leaving the country taking their entire property. In addition, they destroyed anything that couldn't be taken – destroying schools, nurseries, public administration buildings, cars, books, medicine, research institute instruments, tractors were crushed and sabotaged, animals killed and food in warehouses were burned or poisoned. In effect they were sending a message to all other colonies that the consequences for rejecting France would be high.
The main points being that the African countries should deposit their national monetary reserves in the France Central Bank. France has been holding the national reserves of fourteen african countries since 1961: Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo, Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon.
Obligation to ally with France in situation of war or global crisis
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