this post was submitted on 20 Feb 2025
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Neocolonialism was used to describe a type of foreign intervention in countries belonging to the Pan-Africanist movement, as well as the Asian–African Conference of Bandung (1955), which led to the Non-Aligned Movement (1961). Neocolonialism was formally defined by the All-African Peoples' Conference (AAPC) and published in the Resolution on Neo-colonialism. At both the Tunis conference (1960) and the Cairo conference (1961), AAPC described the actions of the French Community of independent states, organised by France, as neocolonial.[39][40]
The politician Jacques Foccart, the principal adviser for African matters to French presidents Charles de Gaulle (1958–1969) and Georges Pompidou (1969–1974), was the principal proponent of Françafrique.[41]
The works of Verschave and Beti reported a forty-year, post-independence relationship with France's former colonial peoples, which featured colonial garrisons in situ and monopolies by French multinational corporations, usually for the exploitation of mineral resources. It was argued that the African leaders with close ties to France—especially during the Soviet–American Cold War (1945–1992)—acted more as agents of French business and geopolitical interests than as the national leaders of sovereign states. Cited examples are Omar Bongo (Gabon), Félix Houphouët-Boigny (Ivory Coast), Gnassingbé Eyadéma (Togo), Denis Sassou-Nguesso (Republic of the Congo), Idriss Déby (Chad), and Hamani Diori (Niger)
Nestle is Swiss.
Third heading down, "former colonial powers and Africa"
Blackrock owns 4%. The majority of its shares are held by the Swiss. It is headquartered in Switzerland.
We're getting in the weeds, the point is that Europe's actions maintain an incredibly unbalanced trade with Africa; colonialism never ended, it just took on a different form. America does this too.