Decolonize Finance: Farhia Noor’s Bold Call to Reform Africa-Europe Banking Sparks Cross-Continent Debate

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In a powerful LinkedIn post that’s lighting up global finance conversations, fintech advocate Farhia Noor has issued a stirring challenge: it’s time to decolonize finance by reevaluating how capital flows between Africa and Europe.

Noor warns that traditional banking and investment systems continue to sideline African economies, leaving them trapped in a dynamic of inequality and dependency.

She highlights the stark reality—while Africa teems with natural wealth and entrepreneurial energy, much of the continent remains “unbankable” in the eyes of Western financiers. Governments and investors often use piecemeal solutions—like diaspora bonds or aid-driven infrastructure funding—yet these fail to disrupt entrenched power imbalances.

Instead, she advocates for a grand financial bargain—one rooted in mutual respect and shared growth. This would involve restructured lending practices, global solidarity levies, and urgent action to stop illicit capital flight—an issue that drains an estimated $88 billion annually from African coffers.

Echoing global experts, Noor argues such reforms could revive trust in multilateral systems increasingly strained by debt crises and geopolitical tensions. By rebalancing funding flows and embracing models that prioritize equity over profit, she says, Africa stands to gain sustainable investment in critical sectors such as health, education, and climate resilience.

Her post has ignited viral engagement online, resonating particularly with youth, diaspora professionals, and policymakers who see it as a rallying cry. In her view, decolonizing finance isn’t just about redistributing capital—it’s about reclaiming agency, amplifying African voices on the global stage, and creating a fairer financial future.

As conversations build ahead of upcoming G20, IMF, and World Bank meetings, Farhia Noor’s post offers fresh momentum—and a compelling challenge: the future of finance must be inclusive, equitable, and truly global.