Author: Contribution

By Mark Doumba, CLIKAFRIK Group Part of the youth and the African diaspora spoke eloquently in Montpellier, to affirm their desire to change the model of cooperation that African countries maintain with France, and implicitly with the rest of the world. From these discussions emerged a firm desire on the part of Africans to take ownership of the development of their continent. This requires the need to adapt political and economic institutions to the needs of expressing private initiative. Indeed, the African populations now want to welcome more direct investment, less debt, and even less development aid. The declared wish…

Read More

By Jean-Louis Moulot *, Mayor of Grand-Bassam (Ivory Coast). As we know, Africa contributes less than five percent of total global greenhouse gas emissions and is one of the regions of the world most affected by climate change. The ocean whose rise is almost imperceptible, coastal erosion, the scarcity of fishery resources, are time bombs for coastal populations, and more generally for the economies of our countries. All projections show that African coastlines will be increasingly populated in the years to come. Each year, behind these few extra millimeters of water on our coasts, behind these few tenths of a…

Read More

[The geopolitical chronicle of Benoit Ngom]. To decipher the news and bring geopolitical and geostrategic depth to the information, Professor Benoit Ngom * deals in these columns with a weekly column, to be found every Thursday. The sanctions imposed on Kémi Seba, recently expelled from Burkina Faso, and Guy Marius Sagna, sentenced by a court in Senegal, when both thought they could safely enjoy their freedom of expression and assembly, challenge us to reality protection of public freedoms in the ECOWAS region. However, the founding fathers of ECOWAS had a deep desire to create a community of States united by…

Read More

By Julien Briot *, compliance expert. The Congolese mining sector is full of business opportunities that are no longer unsuspected. The nerve center of the national economy, the mining industry is the strategic focus of public policies and national growth projections. State and institutional investors are joining forces to take advantage of this high added value market. It is interesting to recall that the Democratic Republic of Congo is the leading cobalt producing country in the world and is home to more than 50% of the planet’s reserves, mainly located in the provinces of Haut-Katanga and Lualaba. Cobalt, also called…

Read More

The geopolitical chronicle of Benoit Ngom. To decipher the news and bring geopolitical and geostrategic depth to the information, Professor Benoit Ngom deals in these columns with a weekly analysis, to be found every Thursday. An international conference on the theme “Justice for International Crimes: Challenges and Strategies in West Africa and Elsewhere” was held on October 25-26, 2021 in Dakar, Senegal. This meeting, which brought together experts from the United Nations, the International Criminal Court (ICC), the Extraordinary African Chambers in Senegal, offers us the opportunity to put into perspective the work of Fatou Bensounda in the promotion of…

Read More

By Ilyes Zouari, President of CERMF (Center for Study and Reflection on the Francophone World). Some African countries are experiencing a particularly high level of indebtedness, which is expected to even exceed the symbolic bar of 100% of GDP at the end of 2021 for seven of them. With a stabilization of its global debt during the same year, French-speaking Africa remains the least indebted part of the continent, in particular because of the economic dynamism of the majority of its countries. According to the latest IMF statistics and forecasts, released this October, the ten African countries expected to post…

Read More

Support from Biden’s J&J vaccine donation  President Joe Biden’s commitment to donate a further 17 million doses of the Johnson & Johnson Covid-19 vaccine to the African Union, adding to the 50 million the US had previously sent, capped a useful visit by Kenyan President Uhuru Kenyatta. While such numbers are dwarfed by the billions still needed, this additional batch will help support African countries with lower vaccine penetration and in turn assist in mitigating some of the economic impacts of the pandemic. We are also watching closely amid signs that the Biden Administration is keen to ramp up engagement…

Read More

“LA BOAD will continue to support the development of regional banking champions” As part of our report “The 30 African banks with a strong regional impact”, published in number 82 of the monthly Financial Afrik, Serge Ekué, president of the West African Development Bank (BOAD), signed this exceptional editorial in which he reaffirms the institution’s commitment to supporting regional banking champions. Exclusive. The flagship project of the African Union’s Agenda 2063, the Agreement for the Establishment of an African Continental Free Trade Area (AfCFTA) entered into force on January 1, 2021. It is the realization of an ambition African policy…

Read More

Mamadou Safayiou DIALLO, economic analyst. The Guinean banking system, like that of most African countries, has enormous shortcomings which should push the monetary authorities to undertake courageous reforms, the sole purpose of which will be to prepare an infallible financial inclusion strategy and thus allow a good part of the population take advantage of the services offered by these banks to a lesser extent. This is why we believe that subjects, such as the procedures for granting credits and collecting means of payment, should be reviewed according to the evolution of the size of our economy. It is however to…

Read More

By University Professor Dr Abderrahmane MEBTOUL and President of the National Council for Privatization 1996/1999. Algerian President Abdelmadjid TEBBOUNE during his meeting with the national press on August 08, 2021, indicated his desire to open the capital of public enterprises including banks to the private sector, a condition for the establishment of a market economy productive with a social purpose, far from any monopoly, whether public or private, source of additional costs and economic and social inefficiency, having to avoid the mistakes of the past (the period 1995/2012) and the sale of public assets. Its orientations will be applied, itself…

Read More

Highway users between Abidjan (the economic capital) and Yamoussoukro (political capital) can spot the imposing industrial complex not far from Toumodi. With more than 20,000 tonnes at the start of its activities in June, the processing capacity of the Dorado Ivory plant (a subsidiary of the Royal Nuts PTE Ltd group based in Singapore) will be increased to 50,000 tonnes of raw cashew nuts per year when will reach cruising speed in a short time. The Rajkumar family have gone to great lengths to achieve this. The father and his 2 sons invested 10 billion CFA francs in the construction…

Read More

By Nicolas Clavel (photo), CIO, Scipion Capital Ltd and Edmund Fitzalan Howard, Analyste Intern, Scipion Capital LLP. Over the last eighteen months, the global supply chain has lurched from crisis to crisis as Covid-19 has wrought havoc with shipping practices. The closure of ports across Asia and Africa has caused particular harm with the consequences likely to be felt for years to come. When supply routes no longer function, this not only prevents the transport and trade of goods but also means that shipping containers, essential to the movement of commodities and any freight, are often left in the wrong…

Read More

In his 22nd speech on the Feast of the Throne, His Majesty King Mohammed VI wishes to take Morocco to a new stage. Internally, through the establishment of a “national development pact”, while continuing the fight against the COVID-19 pandemic. At the external level, through a proximity approach with Algeria. an ongoing fight against the COVID-19 pandemic As the Kingdom continues its fight against the spread of Covid-19, the King did not fail to note the complexity of the context, which imposed the adoption of difficult measures. The COVID-19 pandemic has left a negative impact on projects and economic activities…

Read More

An exceptional forum by Mo Ibrahim, president of the eponymous foundation dedicated to good governance in Africa and famous for its “Ibrahim Index” and its award dedicated to heads of state agreeing to peacefully leave power in accordance with the constitution and in the spirit of democratic change. It makes life better on the African continent today than in the past. The last two decades have been marked by constant improvement, so much so that today, a child born on the continent is more likely than ever to have a longer life expectancy, to escape the extreme poverty, to be…

Read More