Economy Africa

In South Africa, the country's economic future will depend on localism. In any case, this is the idea put forward by South African President Cyril Ramaphosa, who urges his fellow citizens to consume locally in any case. 2021 also marks the 20th anniversary of the "Proudly South African" brand, which defends the local fact among consumers, businesses and the public sector. .

The recent announcement by the South African subsidiary of Coca-Colade to cede part of the capital to its employees is welcomed by the government. But overall, the record of positive discrimination policies that are supposed to promote the participation of blacks, meteis and Indian communities in addressing economic inequalities is still far from perfect.…

In 2020, cotton production collapsed by three quarters in Mali, from 700,000 to 147,000 tonnes. Fearing a fall in producer prices and the removal of fertilizer subsidies, cotton producers turned away from white gold. But it is strategic for Mali, and the Ministry of Agriculture is intensifying consultations with the agricultural world to revive production.…

After a blank year in 2020 due to a pandemic, the Franco-African Foundation will resume this month and until March 21 its call for applications to select a new promotion of 100 young African and French entrepreneurs. The Young Leaders, an initiative launched in 2017 by Beninese Lionel Zinsou with the support of the French public authorities, has become a private foundation, but the goal remains the same:…

The Tunisian revolution is ten years old. On December 17, 2010, the deterrence of Mohamed Bouazizi in Sidi Bouzid, so the voluntary electric shock five days later by another young person from the region, Houcine Neji, saw the triggers for what we would call the Tunisian revolution, which deposed Ben Ali from on 14 January 2011. Alaa Talbi, originally from the region and Director of the Tunisian Economic and Social Rights Forum, answers questions from our Tunisian correspondent, Michel Picard. .

Africa will have to wait a little longer before it knows whether Nigerian Ngozi Okonjo-Iweala will be the next director general of the World Trade Organization (WTO). The organization responsible for managing trade relations around the world has actually postponed the meeting on Monday, November 9, where members had to choose between the Nigerian candidate and the South Korean Yoo Myung-hee. The position of the United States in contrast to Ngozi Okonjo-Iweala complicates everything. The WTO is an institution in crisis,…

This is another setback for the US investment fund Och-Ziff. Its African subsidiary, OZ africa, was ordered by the US justice to pay $ 135 million to former shareholders. By 2016, Och-Ziff had already been ordered to pay the U.S. Treasury Department nearly half a billion dollars for corruption, particularly in the Democratic Republic of Congo.…

Announced at the end of last year that Eco, which is to replace the CFA franc from 2020, will eventually have to wait. Apart from the requirement that certain civil society organizations and certain economists demand the disappearance of the CFA franc, current users of this currency rarely speak on a daily basis. "Does our…

Rwandan financial progress put in difficulties by coronavirus disaster. The service sector, on which the nation has supported its growth, may be very a lot affected. For a number of years, Kigali has been striving to turn out to be a regional convention identify. However the round 70 occasions deliberate in Kigali this yr have been postponed, representing a deficit of 80 million euros for the nation’s…

The European Union has chosen its candidate to lead the World Trade Organization (WTO), the Nigerian Ngozi Okonjo-Iweala. The EU Ambassador to Geneva will officially announce this Tuesday, October 27th. Former Minister of Foreign Affairs and Finance of Nigeria, formerly number two at the World Bank and perhaps soon the…