Olympio, who is today known as the first President to be assassinated during a military coup in Africa and his wife were asleep when many members of the military broke into their house, waking them from their sleep. Here is a video that talks about the French operating system. If they need more than that, they have to borrow the extra money from their own 65% from the French Treasury at commercial rates. To add insult to insult, France estimates that the French business community lost several million dollars during the rush to leave Abidjan in 2006 (where the French army massacred 65 unarmed civilians and wounded 1200 others.). And the country’s independence came as a result of Sékou Touré of Guinea’s bright decision to pull out of the French colonial empire that year and pick out independence for Guinea.

80% of the 10 countries with the lowest literacy rates in the WORLD among adults are in francophone Africa. Renunciation to enter a military alliance with any other country, unless authorized by France. According to reports, he was killed on January 13, 1963, by an ex-member of French Foreign Legion army, a sergeant referred to as Etienne Gnassingbe who claimed to have personally fired the shot that took the life of Olympio while Olympio tried to escape and he supposedly had received a reward of $612 from the local French embassy for the killing job. In case you are doubting it, the analysis below will certainly clear your doubt. This simply means that France holds the National reserve of fourteen African countries which are; Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo, Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon. For that reason, Olympio opted for a change in the money they were using, all in a bid to build a nation that will not depend on others for its growth. African countries continue to pay colonial tax to France 50 years after their independence.

The writer drew attention to the bad influence of French on the African continent and how they are still subjected to pay colonial tax for the benefits of slavery. Your email address will not be published. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Isn’t that looting and a very obvious exploitation? Called “Francophonie” which gathers with several branches and affiliated organizations all controlled by the French Minister of Foreign Affairs.
They also discuss the #MeToo movement, racial bias in Facebook’s content policing, and Boyce‘s successful marketing strategy. It seems our leaders are really afraid of being killed and therefore need a powerful nation to support them. Consequently, the financial situation of just independent Togo was very unstable, and in order to get out of this situation, Olympio decided to leave the monetary system set up by colonial France the FCFA (franc of the French colonies of Africa), and created the currency of the country.

(funny, but you can not do better!). The Malian President knew that if he allowed his country to continue being a French colony, it will not only be a liability or load but also an inevitable trap for Mali. His death was caused by a small group of ignorant and uneducated soldiers supported by France whose only aspiration was to waste the life of Olympio; the first elected president of the newly independent Togo.


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