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This is a quote from the French president, Francois Mitterand in 1994:
‘Despite the considerable sums spent on bilateral and multilateral aid, the flow of capital from Africa toward the industrial countries is greater than the flow of capital from the industrial countries to the developing countries’ (see Touissaint and Comanne 1995: 10-12).
The West receives far more from Africa than it receives in aid. Plus, with the Structural Adjustment Programs imposed on these poor people, their markets have been privatized by the United States, U.K., and other leading countries.
The West hurt Africa big time by colonizing and asserting dominance over them which sheer force. It was no more different than a bully picking on the weakest kid at the playground.