Burkina Faso Just Took Back Its Future
The launch of the country's first treasury bank signals the end of the CFA
Hi Alkebulanians,
A monumental moment in Burkina Faso. For the first time in its history, the country has launched its own Treasury bank. I want to make sure you grasp the weight of what this can mean for the region and the Sahel Alliance. Burkina Faso’s main export is gold and until the last few years, they never even had their own gold refinery. That changed last year under Captain Traore and now the treasury bank is in effect.
This is a country that’s literally sitting on a bed of gold but has never had control over its own wealth. Think about it—Burkina Faso, one of the world’s leading gold producers, hasn’t had the right to manage its own reserves. For decades, they’ve been bound to the CFA franc, a colonial relic tying 14 West African nations to French economic control. But not anymore. Not only do they not have to send their gold overseas to be refined, they now will have control over their own economy.
In just under two years as president, Traore has taken steps to do what others before him could only dream of. Sankara, Olympio—legends in their own right—tried to break free from the CFA franc and its grip. But it wasn’t just economic control they were fighting against; they were up against a system that had been designed to keep Africa dependent. And they paid the ultimate price.
But Traoré is not backing down and is setting Burkina Faso on a path that could reshape the future of the Sahel and Africa as a whole. You see, the launch of this Treasury bank isn’t just a national event—it’s the first step toward a larger vision.
Imagine this: other nations in the Sahel region follow suit, building their own treasuries, issuing their own currencies, and finally breaking free from the CFA franc. We’re not just talking about one country’s sovereignty here. This is about African autonomy, real and tangible.
But here’s the kicker—no one is talking about it. Not CNN, not the BBC, not even Al Jazeera. Sure there are a few buried articles that you can find here and there, but no one is making these events in the Sahel a lead story even though the balance of global resource power is in the balance.
This Treasury Bank is the first blow in a battle that could reshape the entire continent. I believe Burkina Faso is going to lead the way for other Sahel nations to create their own currency and their own future.
This is the kind of movement our ancestors dreamed of, and it’s happening right before our eyes. Nigeria could only dream of being in a position like this. So many African nations are going backwards which is why the Sahel Alliance has been so inspiring for so many of us.
The Back To Africa Handbook Update
Thanks to everyone who gave me feedback on the chapters in the handbook. Here are the additions I am making based on your suggestions:
How to move to or visit Africa with limited resources and savings (pensions)
Single women who want to visit or move (safety and security)
Exit Tax and avoiding capital gains decimating your moving budget
Cultural differences and considerations
Marriage and relationships
I am not going to add anything more to this edition as it’s getting quite dense now and I want it to be a quick easy guide. I will continue to update people who are on the waitlist via the Alkebulan Books mailing list.
PAY ATTENTION
I signed up for the handbook. When will I be notified that it's available?
I sincerely hope that Burkina Faso is sending their best-trained men to watch over President Traore 24/7. You just know France isn’t going to give up Africa easily. They’re definitely planning something insidious.