Archiv: Counterfire.org (independent media)


09.08.2023 - 23:59 [ Counterfire.org ]

‘A tinderbox waiting to explode’: Niger and neo-colonialism

The coup of the 26th July 2023 in Niger was precipitated by the stated desire of former President Bazoum to remove the head of the presidential guard. Irrespective of the reasons for the coupists seizing power, the coup, to gain legitimacy, has tapped into a festering resentment against the ex-colonial power, France. French control of Niger’s economy through fiscal and monetary means using a regional version of the Franc (CFA Franc), with the collaboration of elements of Niger’s elite, has meant that France has the scope and access to pillage the country’s resources relentlessly.

As Niger has no control over its currency, it is unable to embark upon any form of meaningful development to lift or transform the living standards of the people. The CFA Franc and the fiscal and monetary control that France has over its ex-colonies is a scandal. It represents the rawest form of neo-colonial domination.