Today in 1963, 32 African countries formed the Organization of African Unity (OAU) to promote decolonization, end white rule, and raise living standards on the continent. While the OAU became the African Union in 2002, May 25 is still known as #AfricaDay. 
Today we remember the words of former President of Ghana, Kwame Nkrumah, at the OAU inaugural ceremony May 25, 1963. He called attention to the limits of political independence, and argued that a new era of neocolonialism was replacing European colonialism in Africa.
"In independent Africa we are already re-experiencing the instability and frustration which existed under colonial rule. We are fast learning that political independence is not enough to rid us of the consequences of colonial rule."
"Which independent African State will claim that its financial structure and banking institutions are fully harnessed to its national development? Which will claim that its material resources and human energies are available for its own national aspirations?"
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