Nairobi — The city of Bunia in eastern Democratic Republic of Congo is synonymous with gold -- which is why it's not rare to find its residents keeping nuggets of the precious metal in their homes.
In the outskirts of the city, Okimo (Office de Kilo-Moto) has been mining gold since the colonial period when Belgium's King Leopold II treated the vast territory as his personal estate until the Belgian parliament forced him to cede the territory to the state in…
Posted on April 10, 2011 at 5:30am — 1 Comment
France Robbing Africa through the Colonial Pact
It is the colonial pact that set up the common currency for the Francophone countries, the CFA franc, which demands that each of the 14 CFA member countries must deposit 65% (plus another 20% for
financial liabilities, making the dizzying total of 85%) of their
foreign exchange reserves in an “Operations Account” at the French
Treasury in Paris.
Nicolas Sarkozy, French President:
They have been robbing Africa…
Posted on April 6, 2011 at 4:14pm — 2 Comments