$ 1 trillion of African coffers to the French Treasury France now estimates that France
France allows them access to only 15% of the money each year. If they need more than that, they have to borrow extra money from their own 65% French Treasury at commercial rates.
In addition, France imposes a ceiling on the amount of money that countries can borrow on their reserve. The ceiling is set at 20% of their public revenue from the previous year. If countries need to borrow more than 20% of their own money, France has a veto.
Former French President Jacques Chirac recently spoke about African countries’ money in banks in France. Here is one of his videos that talks about the French operating system. He speaks in French, but here is a transcript of a short excerpt: "We must be honest and recognize that a lot of the money in our banks comes precisely from the exploitation of the African continent."