babel-plugin-require-context-hook-babel7

Usage

babelrc:

"plugins": [
	"require-context-hook"
]

Wherever you configure babel-register (your source file, a register script, etc):

require('babel-plugin-require-context-hook/register')();

How it works

The register script babel-plugin-require-context-hook/register implements the function require.context with an extra parameter-- the directory in which the calling file resides-- and places that function on the global scope.
The Babel plugin babel-plugin-require-context-hook rewrites all calls to require.context into calls to this global function, passing in __dirname as the extra parameter.