In 2021, the South African government was provided with funding of around €700 million (ZAR13 billion), from the German government to decommission its coal-based power stations in order to transition to green energy. True to their hypocritical nature, the Germans quickly reverted back to coal-fired plants when Russian president Vladimir Putin stopped supplying Russian gas to the rest of Europe. This dynamic is terribly familiar to countries of the global south. The Guinea-Bissauan revolutionary, Amilcar Cabral, already said in 1971: “Imperialism—as you know better than myself—is the result of the gigantic concentration of financial capital in capitalist countries through the creation of monopolies, and firstly of the monopolies of capitalist enterprises.” Cabral was assassinated, in January 1973, by fascist Portuguese just months before the PAIGC (Guinea Bissau’s anticolonial movement) succeeded in achieving Guinean independence.
Amílcar L Cabral was born 12 September 1924 in Bafatá, Guinea-Bissau, one of Portugal’s African colonies. He was murdered on 20 January 1973 by fascist Portuguese assassins just months before the national liberation movement, in which he played a central role, won the independence of Guinea-Bissau. Cabral and the other leaders of the movement understood that they were fighting in a larger anticolonial struggle and global class war and, as such, that their immediate enemies were not only the colonial governments of particular countries, but Portuguese colonialism in general. For 500 years, Portuguese colonialism was built upon the slave trade and the systematic pillaging of its African colonies: Mozambique, Guinea Bissau, São Tomé e Príncipe, Angola and Cape Verde.