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The Real Reason Africa Stays Poor (It’s Not What You Think)

For Exclusive & Early Access Videos, Join:    / @chillfinancialhistorian   -- The Real Reason Africa Stays Poor (It’s Not What You Think) -- Featured AI Tool: Tell Stories with AI (Mootion Storyteller): https://dub.sh/mootion --- Saily SIM (Affordable eSIM data for international travel ): https://dub.sh/sailysim NordVPN (The best VPN service for a free, open internet): https://dub.sh/theNordVPN NordPass (A password manager that lets you organize complex passwords): https://dub.sh/theNordPass --- Why is the most resource-rich continent on Earth the poorest? We are told it’s because of corruption, lack of infrastructure, or the need for more foreign aid. But the math doesn’t add up. In this video, we investigate the hidden economic mechanisms that drain over $80 billion from Africa every year. We look beyond the headlines to expose the structural traps—from Illicit Financial Flows and Transfer Pricing to the CFA Franc and Tariff Escalation—that keep African nations locked in a cycle of poverty. This isn’t a story about charity; it’s a story about a rigged global banking system. Discover the truth about the Resource Curse, the "Vulture Funds" targeting sovereign debt, and how the African Continental Free Trade Area (AfCFTA) might finally break the cycle. CHAPTERS: 0:00 - The $2.5 Trillion Paradox 01:40 - The Great Bank Heist (Illicit Financial Flows) 06:57 - The CFA Franc: A Currency That Never Left Home 10:10 - The Chocolate Box Paradox (Value-Added Tax Trap) 14:22 - Why The Map Was Drawn Wrong (Logistics) 17:07 - Predatory Debt & Vulture Funds 21:02 - The Resource Curse (Dutch Disease) 23:45 - The Brain Drain: Reverse Foreign Aid 26:44 - Energy Poverty: The Cost of Darkness 28:56 - The Way Out: AfCFTA & The Future KEY TOPICS: Neocolonialism & Economics: How historical treaties still dictate modern finance. Trade Misinvoicing: How multinational corporations avoid taxes in Zambia and the DRC. The CFA Franc: The controversial currency pegging West African economies to the Euro. Global Inequality: The disparity between resource wealth and GDP. #Africa #Geopolitics #Economics #CFAFranc #Neocolonialism #GlobalEconomy #Documentary #History