My Beauty Best Teacher

The Independent reports :

"The policies here in the CAR are part of a much bigger approach by France towards Africa," she says. "We call this system 'Franceafrique', and it was set up by Charles de Gaulle to replace the former colonial system. There is clear continuity from the imperial system to the present day."
The motives for this war are, Roland-Gosselin says, drenched in dollars and euros and uranium. "The overarching goal is to take African resources and funnel them towards French corporations," she says. "The CAR itself is a base from which the French can access resources all over Africa. That is why it is so important. They use it to keep the oil flowing to French companies in Chad, the resources flowing from Congo, and so on. And of course, the country itself has valuable resources. CAR has a lot of uranium, which the French badly need because they are so dependent on nuclear power. At the moment they get their uranium from Niger, but the CAR is their back-up plan." So this is, in part, a war for nuclear power? " Yes, but also a lot of this money has been funnelled, through corruption, straight back into the French political process. Say somebody needs a road built here in the CAR. The French government will insist on a French company – and the French company back home donates a lot to the 'right' French political party."

Hinsley Njila founder of Real Focus writes about the deleterious effects of the CFA franc and echoes calls for Francophone countries to free themselves from its yoke:

For every growth in France’s GDP, the euro appreciates against the Dollar, thus the CFA franc assumes too high an exchange rate. This puts the brakes on growth in the African economies that are also heavily dependent on commodities produced by Asia and South American countries that have much more flexible currencies. Put simply, a strong euro just kills CFA member economies as they experience declining export prices...A high fixed rate also kills economic growth in member countries, as it’s incompatible with productivity. The level of regional integration among member countries and the two central banks is remarkably low, even further undermining economic growth. Because the economies of Central African countries are heavily dependent on oil, and those of West Africa heavily dependent on other commodities, it is hard to argue for the long-term viability of the CFA unless of course you’re De Gaulle.