France is in debt of $6,000 every second of the day, as Burkina Faso controls its resources fully.

France Grapples with Economic Fallout After African Nations Assert Independence

Recent developments in West Africa, particularly involving Burkina Faso under Ibrahim Traoré, Mali under Assimi Goïta, and Niger Republic, are reportedly having significant economic repercussions for France.¹ These nations' decisions to assert greater autonomy and reduce French influence are, according to some analyses, depriving France of resources and economic advantages it previously enjoyed.

Critics argue that France benefited immensely from what they term "free labor, free raw materials, and free financial gains" from these African countries. With these perceived advantages diminishing, reports suggest France is now incurring substantial debt, estimated at $6,000 every second. This escalating debt, if accurate, could make it increasingly difficult for France to manage its reported $3.6 trillion national debt.

This situation underscores a long-standing debate about the relationship between former colonial powers and African nations. Proponents of greater African independence have consistently argued that the continent's resources have disproportionately benefited external powers. The current economic challenges faced by France are being presented by some as a direct consequence of this shifting dynamic.

In response to their economic woes, France is reportedly taking drastic measures, including the cancellation of two public holidays in an attempt to boost productivity and stimulate the economy.² This move signals the severity of the economic pressures the nation is currently experiencing.

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