Browsing Tag

bankruptcy

New EU Regulation Fuels Bankruptcy Concerns in Africa’s Top Cocoa Nation

Ivory Coast, known as the world's largest cocoa producer, is a country deeply intertwined with the chocolate industry, especially for consumers in Europe. Approximately two-thirds of the cocoa harvested in this West African nation finds its way to European shores, fueling a booming market that many might take for granted as they enjoy their favorite chocolate bars. But behind this rich industry lies a more complex narrative—one fraught with environmental impacts and social issues. The tale of cocoa farming, unfortunately,…

Congo-Brazzaville: the bankruptcy of the cement factory

A single bag of cement has not left the Diamond Cement plant since December 2019. This Togolese and Indian capital company went bankrupt for various reasons. Until its closure, it was considered the flagship of Pools' economy, a nearby region of Brazzaville that was shaken more than once by armed conflict. Business agents and cement traders suffer from this situation.…

Everywhere, the moral bankruptcy of political leaders threatens democracy and peace

From West Africa to the USA, it is therefore a matter of choice and tensions this week  Although many Ivorian citizens, above all, strive to return to normalcy and say that they are tired of the power struggles between political leaders, the resentment created by this empty choice of its significance will remain for many years, perhaps still real reconciliation and institutional consolidation. What stands out on Côte d'Ivoire and Guinea is not the personal future of political leaders at the end of their careers. What is…

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