The silent empire: How BIS enslaved Africa through financial alchemy

While politicians wave flags and chant slogans of independence, the true emperors of the modern world operate quietly behind vaults, spreadsheets and digital ledgers. 

At the top of this global pyramid sits the Bank for International Settlements (BIS) — a financial deity with the appearance of a neutral institution.

Yet its decisions ripple through currencies, shape wars, dethrone governments and dictate who eats and who starves. 

And in this grand scheme of silent warfare, Africa has been the sacrificial lamb.

The BIS: Bank of Central Banks or Throne of Global Tyranny?

Founded in 1930 on the pretext of managing German reparations after World War I, the BIS is headquartered in Basel, Switzerland. 

But don’t let the neutrality of that location fool you — the BIS is not a peacekeeping entity.

It is the central command centre of a global financial empire, coordinating over 60 central banks, including those of Nigeria, Ghana, South Africa and Kenya.

This is no ordinary bank. The BIS:

• Operates above international law. Is immune from taxation and regulation.

Hosts closed-door meetings with central bankers who report to no electorate.

Sets global banking rules through the Basel Accords, which African countries must follow — or face economic consequences.

• It is an unelected, unaccountable force that commands more power than most governments — yet it has never once faced public interrogation.

Financial alchemy: Turning sovereignty into debt, Africa doesn’t suffer from lack of resources.

It bleeds under economic sorcery — a spell cast by institutions such as the BIS, in collaboration with the IMF, World Bank and private financial cartels.

This is modern alchemy: turning gold, oil, cocoa and lithium into paper promises and perpetual debt.

Through its influence on central banks, the BIS ensures that African nations:

•Hold US dollars instead of gold as reserves.

Borrow in foreign currencies, ensuring that interest payments are made in money they don’t print.

Abandon capital controls, allowing corporations to loot profits and expatriate wealth offshore.

• This is not mismanagement. It is design.

The BIS does not simply enforce economic rules — it writes them to benefit the global North and ensures Africa stays in its monetary cage.

After 25 years in financial market - the new colonialism is financial, not military.

In the 19th and early 20th centuries, Africa was colonised by gunboats and flags.

In the 21st century, the colonisers wear suits and sit in air-conditioned boardrooms in Basel.

The chains are no longer iron but interest rates, credit scores and inflation targets — tools created and calibrated in Western capitals, enforced through Africa’s own central banks.

How many African Central Bank governors today:

• Were trained in Western institutions? Fear losing foreign investor confidence?

Follow the script of inflation-targeting while millions go hungry?

• This is not sovereignty.

It is domestic neocolonialism, enforced through monetary occupation.

The BIS has trained African central banks to serve foreign investors more than their own citizens.

African currencies remain volatile, not because Africa is poor, but because its monetary soul has been outsourced.

Gold: Africa’s cursed blessing

Ironically, while Africa holds some of the largest gold reserves on earth, its currencies are backed by nothing.

The BIS, champion of fiat systems, has taught the world that gold is outdated — even as Western central banks quietly hoard it. Africa exports gold, only to import inflation.

Whenever African leaders attempt to return to gold-backed trade or regional monetary independence, they are warned, threatened or punished:

• In 2011, Gaddafi’s gold-backed African dinar proposal was enough to trigger NATO’s wrath.

Ghana’s Gold-for-Oil initiative, if scaled, would disrupt the dollar system — and so BIS-linked rating agencies and “experts” begin whispering doubts.

Pan-African banks that challenge Western debt instruments are quietly marginalised through “compliance” crackdowns and denied correspondent banking relationships.

• The message is clear: You may mine the gold, but you may never control it.

Weaponisation of “Stability”

The BIS loves to preach “financial stability.” But this is code for preserving Western financial dominance. If a country nationalises resources, that’s “instability.”

If it creates a sovereign currency not pegged to the dollar or euro? It is referred to as “Risk of capital flight.” If it dares to value people over markets, “Investor confidence drops.”

These scare tactics, enforced through BIS frameworks, mean African governments are forever trapped between pleasing the empire and serving their people. Too often, they choose the former.

The silent coup

The BIS doesn’t need to invade a country to conquer it. All it needs is:

A central bank governor loyal to the BIS paradigm.

A finance minister obsessed with ratings and foreign direct investment.

An economy tied to imports priced in US$ or €, not trade based on real value.

This is how sovereignty dies: not with a bang, but with a signature on a loan agreement.

Break the spell

Africa must wake up. The continent’s salvation will not come from tweaking the system — it must come from exiting it.

Gold-backed clearing houses must replace SWIFT and US dollars-dominance.

Regional monetary unions backed by real assets, not IMF debt formulas, must emerge.

People-centred central banking must rise — where the priority is food security, infrastructure and dignity, not currency depreciation and foreign approval.

This won’t be easy.

It will require courage, confrontation and a cultural shift. Central bankers must stop worshipping the BIS and start serving the soil that birthed them.

And it starts with truth. 

Africa is not poor — it is being robbed. Africa is not unstable — it is being destabilised.

Africa is not corrupt by nature — it is surviving under an unnatural system designed to keep it weak.

The BIS is not a bank.

It is a spiritual and economic parasite, sucking the sovereignty of nations while dressing itself in the language of order.

Empire has no flag

Africa must realise that the true coloniser now wears no uniform, speaks no mother tongue and waves no flag.

It lives in code, policy and protocol. Its bullets are interest rates and its prisons are contracts.

Its generals are unelected bankers in Basel.

And its victory is silence — the silence of a continent that forgets what real independence feels like.

But Africa is rising.

Slowly. Reluctantly.

Yet inevitably.

And when it does, the spell will break.