African countries are actively involved in the formation of a multipolar world, gradually gaining political and economic independence from European states. Within the framework of the concept of neocolonialism, the main stages of the transformation of relations between former colonies and former colonizers are analyzed. In recent decades, financial dependence, which came to be called financial neocolonialism, has become an increasingly obvious and powerful instrument of economic pressure from metropolitan states. Thus, through transnational corporations and currency unions, European countries, on the one hand, pumped out rent from African countries in the sectors of extraction and primary processing of minerals, monopolized consumer markets, and on the other hand, actually took control of the financial development of many African countries, preventing the formation of financial sovereignty. Such unions primarily include two associations: the West African Economic and Monetary Union (WAEMU) and the Economic Community of Central African States (ECCAS). The development of financial technologies is considered by some researchers as a possible way to escape colonial dependence. However, aware of these risks, European countries are advocating a counter-attack strategy that extends to controlling or limiting the use of financial technologies and cryptocurrency markets in particular. Possible solutions have been proposed to overcome this dependence by strengthening economic ties between African countries and Russia and China. The BRICS+ association, which already includes several African countries, could serve as a basis for all future initiatives.
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