Angola opposition Condemns President for Daughter’s Appointment
June 4, 2016 | 0 Comments
By Peter Clottey*
Angola’s main opposition party, the National Union for the Total Independence of Angola (UNITA) has sharply condemned President Jose Eduardo dos Santos’ appointment of his daughter Isabel dos Santos as the new head of the state oil company, Sonangol.
This, after President dos Santos fired all board members of Sonangol in April. Isabel dos Santos, who described herself as a self-made billionaire, is currently Africa’s richest woman with an estimated worth of $3.3 billion, according to U.S.-based Forbes magazine.
UNITA spokesman Alcides Sakala says the appointment of Isabel dos Santos – the oldest daughter of the president – is yet another demonstration of favoritism and graft perpetuated by the ruling Movement for the Liberation of Angola (MPLA).
“It is not a surprise for us because the lady was recently appointed by his father as a person who would be restructuring the oil company. So, although we are disappointed, it has not come as a surprise. It was something expected [and] it confirms what we have been saying about the politics of nepotism in our country,” said Sakala.
Supporters of the governing MPLA disagreed. They contend Isabel dos Santos is best qualified and competent, who they said would bring her private business acumen to the state-owned oil company to restructure and transform Sonangol to create jobs for the youth.
Supporters also said charges of nepotism and favoritism are unfounded, saying that being the daughter of the president should not preclude her from being considered for any prominent position in the administration, particularly since she is qualified. They said she is a citizen whose talent should be tapped to help the nation when her skills are desperately needed. The supporters say the opposition leaders appear to be showing signs of jealousy and are just opposing the new appointment for the sake of it.
Sakala disagreed. He cited a constitutional provision that prevents parliamentarians from engaging in business activities because they make laws governing the sectors. Sakala says the same rule should apply in the case of the appointment of the daughter of the president to head the state oil company. He says there are other qualified Angolans who could run the affairs of Sonangol.
“The president I think is trying to have all his sons [children] and relatives having an important role on the management of the wealth of the country. Isabel is now in the oil sector, his son is dealing with the federal funds as you can see and all his friends now are part of this processes, which are making a small group of Angolans very rich. It is politics that UNITA has been denouncing for the past year,” said Sakala.
“We are not jealous… This is a conflict of interest…I think from the ethics point of view, the appointment is wrong and it is also against the law.”
Meanwhile, a section of the supporters of the opposition UNITA has called on the party’s leaders to seek legal redress at the Constitutional Court to challenge Isabel dos Santos’ appointment. But, Sakala says the leaders have yet to make a firm decision on the party’s next line of action.
“We as UNITA, we are going to analyze it in the light of the Angolan law and we are going to take a position on that. I think it is not correct that you as a president to have all of your family dealing with public money for the benefit of the family,” said Sakala.
“There are so many views within the party [UNITA] and the leadership is going to take them into account to make an assessment as far as these positions are concerned and …When you look at the country where poverty is a real national problem. In our country people are starving, facing a lot of difficulties and you take your family as managers of the wealth of the country… We would soon make the position of the party known.”
RANDGOLD’S BRISTOW SETS OFF ON ANOTHER EPIC BIKE RIDE FOR AFRICA’S POOR
June 1, 2016 | 0 Comments
Randgold Resources chief executive Mark Bristow and a small group of friends and colleagues left here today on a fund-raising motorbike safari which will take them from east to west across mid-Africa through dense equatorial jungle. It is believed to be the first time this challenging route has been attempted by motorbike.
Dubbed Safari Kwa Afrika Bora – Swahili for Riding for a Better Africa – the journey’s aim is to raise a further $3 million for some of the continent’s most needy people, notably the women and children deprived of a decent life by strife and poverty. The money will go to Nos Vies en Partage (French for Sharing Prosperity) the independent charitable foundation established by Randgold in 2014.
This is the fourth trans-Africa motorbike safari Bristow has undertaken and to date the rides have raised
$2.5 million distributed to 55 entities in 15 countries. The foundation is already planning donations to some of the DRC’s post-conflict reparation programmes, particularly those aimed at supporting abused women and rehabilitating child soldiers.
The 2016 ride will take 30 days, going from Kenya through Uganda and the Democratic Republic of Congo before ending in Muanda on the west coast at the end of June, passing the sources of both the Nile and Congo rivers en route. In terms of terrain, says Bristow, this will be their toughest ride yet. Because of the need to circumnavigate the worst parts, they will actually be covering well over 7 000 kilometres, more than double the 3 500 kilometre direct distance. Their progress can be followed at www.boyzonbikes.com.
The safaris had their origin in a Cape-to-Cairo motorbike ride Bristow and his two then-teenaged sons undertook in 2009 under the light-hearted banner 3BoyzonBikes.
“As an old Africa hand I was aware of the difficulties endured by many of its people but as we travelled through small villages in remote regions I saw at first hand the extent of their plight and resolved to do something about it,” Bristow says.
“The following year I combined my annual exploration review with a fund-raising ride and, accompanied by a team of Randgold geologists, we traversed Senegal, Mali, Burkina Faso and Côte d’Ivoire, having named our project Nos Vies en Partage. Thanks to the generous support of a wide range of donors, we were able to provide some relief to the people in those countries. Then in 2012 we travelled from Budapest to Bamako via Morocco, western Sahara, Mauritania and Senegal and then on through Côte d’Ivoire to Abidjan. In 2014, we completed the trip around Africa, riding from Abidjan in Côte d’Ivoire via Benin, Togo, Nigeria, Cameroon, Gabon, the Congo, the DRC, Angola, Namibia back to Cape town. That year we also converted the Nos Vies en Partage initiative into a charitable foundation, headed by Philippe Liétard, a former Randgold chairman.”
Bristow says that past sponsors as well as new donors have already pledged more than half of the
$3 million target Safari Kwa Afrika Bora has set itself.
Bristow, who will use satellite and other hi-tech equipment including a communications-wired helmet to continue running the company during the ride, also noted that as the Nos Vies en Partage riders paid their own way, all the money raised by the ride would go to the foundation beneficiaries. Priority will be given to people and causes falling outside the mainstream of Randgold’s sustainability efforts.
African Development Bank says continent far from debt crisis
May 31, 2016 | 0 Comments
By Matthew Hill*
Africa is a long way from facing a debt crisis even as commercial lending to the continent soars and Mozambique became the first regional country to miss a payment on a dollar loan this year, according to a senior official at the African Development Bank.
Debt levels across the continent’s 54 countries average 17 percent to 18 percent of GDP, which is low, Abebe Shimeles, acting director in the AfDB’s development research department, said Thursday in an interview at the lender’s annual meetings in Lusaka, Zambia’s capital.
“In terms of the continent we are not even close, forget about crisis, we are not even close to a debt burden, especially the external debt,” said Shimeles. “It’s not systemic now. It’s not that all African countries are exposed to a debt crisis. The bad news is sometimes heard faster than the good news.”
Countries on the continent raised $26 billion in Eurobonds from 2006 to 2014 and a further $12 billion last year, AfDB President Akinwumi Adesina said on May 24 when he officially opened the meetings, warning a debt crisis must be avoided. While foreign-currency debt has soared, currencies on the continent have weakened, making repayments more costly as economic growth slows.
“Some countries have also experienced a spike in their debt levels that may be worrying in particular cases, unless they take measures to contain it,” Shimeles said. “The AfDB and other multilaterals can learn from previous mistakes and really step in with a solution to manage the debt, restructure it and also undertake some necessary reforms before we reach a level of crisis.”
Dollar debt sold by sub-Saharan African nations have returned 6.3 percent this year, compared with the 7.1 percent average return for emerging markets. Average yields have climbed to 7.63 percent, compared with 5.8 percent a year ago, according to data compiled by Bloomberg.
The bank would consider assisting countries that ask for it, and could work with other lenders including the International Monetary Fund, he said. Nigeria is already in talks with the AfDB for a $1 billion facility.
Growth on the continent will probably exceed the 4.5 percent the AfDB forecast for 2017 in a report published this week, Shimeles said. Domestic demand in Ethiopia, Nigeria and Sudan will lead to “much higher” economic expansion, he said.
“I believe that Nigeria has now taken the right steps in terms of the macro-economy,” he said.
Africa’s biggest economy this month cut fuel subsidies and signaled a more flexible exchange rate policy for the naira, which has been pegged to the dollar for 15 months.
“We are optimistic,” said Shimeles. “Still, this doesn’t mean we deny the headwinds. They are strong but I think the economies are resilient.”
New Book Highlights “The Most Influential Contemporary African Diaspora Leaders”
May 25, 2016 | 0 Comments
By Dr. Roland Holou*
Many books have been written about people of African descent, but so far no single volume has highlighted the lives, visions, achievements, policies, and strategies of exceptional contemporary African Diaspora leaders across the globe. To fill the gap, an International Selection Committee composed of some of the top African diaspora Leaders in the Caribbean, Europe, North America, South America, and West Africa was created to nominate and vet recipients of “The Most Influential Contemporary African Diaspora Leaders Honor.” For the first edition of this book, 30 leaders were featured in detail and out of the 50 chapters of this 336 page book, one was devoted to each. Others chapters were devoted to one hundred other nominees whose contribution warranted their inclusion in this book.
The stories of these Leaders showcase the diversity, complexity, and richness of the ongoing global African Diaspora engagement efforts. Their experiences of struggle, failure, growth and success will motivate current and future generations of people of African descent to take initiative, provide guidance to those interested in Africa’s development, and promote interest in the growing field of diaspora engagement. The featured leaders are known for their long-lasting achievements. Their bold actions contributed to important historical movements that significantly shaped and transformed the lives and history of people of African descent and removed major roadblocks preventing the prosperity of Africa and its Diaspora. They have brought about enormous and rare progress that would have been impossible without their leadership, including economic and political development of Africa and its Diaspora. To get your copy of the book, please visit www.AfricanDiasporaLeaders.com/order
Some of the initiatives featured in the book include the African Union African Diaspora Sixth Region Initiative, Healthcare Reform in Africa, Pan-Africanism, Global Anti-Racism Initiatives, International Decade for People of African Descent, Implementation of the UN Durban Declaration and Programme of Action; the Commission on Reparations, the Hebrew Israelites, the Initiatives of the Central American Black Organization; the World Diaspora Fund For Development; the Projects of the Institute of the Black World 21st Century; the Pan-Afrikan Reparations Coalition in Europe, the Pan-African Holiday Kwanzaa; the Educational Initiatives of Steve Biko Cultural Institute in Brazil, the Initiatives of DiasporaEngager concerning the Map of the Diaspora and their Stakeholders, the Diaspora Directory and the Global Diaspora Social Media Platform; the Initiatives of the African Diaspora in Australia and Asia Pacific; the AU Sixth Region Diaspora Caucus Organization in the USA; the “Taubira Law” Voted by the French Republic to Recognize that the Transatlantic Slave Trade and the Slave Trade in the Indian Ocean are a Crime Against Humanity; The Global Movement for Reparatory Justice; the Ratification of the Article 3q of the AU Constitutive Act which “invites and encourages the full participation of the African Diaspora as an important part of Africa; the Economic Development for Black Empowerment in America and Europe; the African Diaspora Contribution to Democracy and Development in Africa, the Caribbean, Central and South America; the Initiatives of the Brazilian Association of Black Researchers; the Oprah Effect; the Promotion of the Black Population in Brazil; the Palmares Cultural Foundation in Brazil; the Celebrations of Zumbi dos Palmares in Brazil; the Caribbean Community [CARICOM] Commission on Reparation and Social Justice; the Initiatives of famous Prophet Shepherd Bushiri (Major1, the World’s Sharpest Major Prophet), and many initiatives in the USA, etc.
Some of the struggles still faced by the African Diaspora and discussed in the book relate to: Afrophobia, civil rights, denial of justice and devaluation of Black lives, education with curricula full of “lies” regarding history and history of scientific discoveries, healthcare problems, high rates of unemployment and imprisonment, housing problems, institutional racism and slavery, lack of access to good education and justice, media which persistently diffuse open racist stereotypes, multiple forms of discrimination, police violence, political and economic marginalization and stigmatization, poverty, racial discrimination, vulnerability to violence, xenophobia and related intolerance and discrimination. The book also addressed some of the strategical mistakes and divisions among the Continental African Diaspora and the Historical African Diaspora.
If you are interested in learning the secrets, agendas, strategies and potential of these modern leaders, then this is the book for you. Since influence can at times have negative effects, this book also addresses the destructive actions of certain leaders that are pulling down both Africa and its people. To learn more about the recipients, please visit www.AfricanDiasporaLeaders.com/recipient. Join the International Diaspora Engagement Social Media Platform today by creating a free account .
About the Author
Dr. Roland Holou is a scientist, businessman, and an international consultant in Agriculture/Agribusiness, Biotechnology, Diaspora Engagement, and Africa Development. He is the Founder and CEO of DiasporaEngager, www.DiasporaEngager.com and the architect of the map of Diaspora and their stakeholders . To learn more about him and contact him www.RolandHolou.com.
The Africa We Want -The Leadership We Want! Where are the eagles?
May 25, 2016 | 0 Comments
By Yohannes Mezgebe*
We should not allow the chickens to lead the eagles even if the chickens convince themselves that they’re actually eagles!
From 10 – 18 July 2016, African leaders will be meeting in Kigali, the capital of Rwanda for the 27thOrdinary Session of the Assembly of the African Union (AU). A key highlight of the forthcoming summit will be the election of the Chairperson of the African Union Commission (AUC). The winner, he or she, will lead the continental body for the next four years, renewable once.
The AU was founded, as a premier continental institution for the promotion of accelerated socio-economic and political integration of the continent; not just as the level of countries or governments, but also by forging greater bonds amongst citizens of Africa.
To give expression to the above imperatives, the African Union Commission (AUC) of the AU is tasked to serve as the crucial administrative hub for driving and achieving the numerous mandates; including the implementation of Agenda 2063, a strategic framework for the socio-economic transformation of the continent over the next 50 years. The Commission is, in particular, envisaged to be the key organ responsible for the day-to-day management of the affairs of the Union. It represents the Union; the yearnings and aspirations of member states, and also defends the continent’s collective interests. Alongside, it is expected to articulate and give concrete expression to the African common position, determine the strategic vision, plan and future horizons of the Union.
Whatever the AU has become today builds on the pioneering efforts of prominent sons and daughters of the continent; from His Imperial Majesty, Emperor Haile Sellasie to Kwame Nkrumah, Patrice Lumumba, Julius Nyerere, and Seiko Toure, to name a handful. These founding fathers, without an iota of doubts, had a clear vision; they could see far where the continent was heading, almost as if they had the power to look into the future. All of them, without exception, made their mark in the struggle for freedom and liberation. When three years ago, Africans celebrated the 50thAnniversary of the Organization of African Unity/AU, it was a milestone opportunity; both to celebrate but also begin to contemplate how to translate our collective dreams into concrete results to make Africa a better place for the present and future generations. The celebration was the beginning of a new phase in the collective journey, not its end.
Clearly, the AUC has generated considerable amount of momentum around African development and Integration issues. Yet, many of the ‘teething’ challenges the continent faced at inception continue to slow the pace; just as new ones have crept in. Most of today’s problems may be attributed to the slow progress made in the quest for unity and integration. At best, these have remained aspirational despite best of efforts. If 1963 the continent’s leaders were preoccupied with colonial and post-colonial struggles, and the consolidation of independence, nowadays, there are myriad new – no less daunting – realities.
Given the many challenges Africa faces now, the continent needs to have at the helm of the AUC a leaders with proven track records in dealing with Africa’s myriad problems: poverty, resource use, economic development, wealth sharing, peace and security, democracy, human rights, neo-colonialism, environmental protection, climate change and corruption. The list is far from exhaustive. The experience of the new AUC Chair as well as his or her unshakable determination to overcome the challenges – not merely deal with them – would be critical if the continent is to realize the vision of a united, prosperous and peaceful Africa.
Because the AU represents the hope of Africa and its peoples, it must care about the caliber of leaders who aspire to head the Commission. So, in Kigali this July 2016, when convening to elect the incoming Chair and leadership of the Commission, all eyes will be on the Heads of States and Governments to do what is right. They must put aside petty politics and permutations to decide what is best for the AUC and the continent. We stand at a crossroads: if Africa fails to make the right decision in electing the right leader the AUC deserves, the continent risks taking several fatal steps backwards.
Because it does not pay to allow chickens to lead the eagles even if the chickens convince themselves that they’re actually eagles, African citizens must demand a move from mediocrity to excellence. The incoming chairperson must not be determined by which region the candidate comes from but rather by his or her strength of character to lead.
Africa has had its faire share of failures over the years since 1960’s. It still carries old scars and new bruises, but it must look into the future with hope. In 50 years, the architects of Agenda 2063 and those currently tasked with its implementation might no longer be around given the mean life expectancy on the continent. This means, there will not be a united, prosperous and peaceful Africa unless the youth – the very people who will still be around in 50 years – is actively engaged in the process. The message of African youth calls for a different mindset, a different way of thinking, a different way of making decisions and acting. The choice before the Kigali conclave in July will be a tall one.
As they elect the right leader, they will have no better loyal partner than African citizens. They must deliver by all means; posterity will remember and not forgive them doing otherwise. As Frantz Fanon puts it perceptibly decades ago: “Each generation discovers its mission. It either achieves it or it betrays it”.
*Founder, Ubuntu Leadership Institute
Addis Ababa, Ethiopia
Southern Africa faces impact of migratory pests due to climate change
May 25, 2016 | 0 Comments
By Wallace Mawire*
Climate change is reportedly bringing increased pressures of migratory birds and other pests impacting on people’s livelihoods in most parts of the southern African region, according to agricultural experts.
According to Dr Joseph Made, Zimbabwe’s minister of Agriculture, Mechanisation and Irrigation Development who opened the 38th regular session of the governing council of ministers of the International Red Locust Organisation for Central and Southern Africa (IRLCO-CSA) in Harare, the climate is changing in the region bringing higher temperatures and more frequent droughts than ever before.
“Army worm and quelea bird outbreaks have become more regular in Zimbabwe and other countries in southern Africa, while quelea bird attacks on small grain cereal crops has also increased in Kenya and
Tanzania,” Made said.
Pests such as armyworm, quelea birds, locusts and fruit fly reportedly migrate across international boundaries with no restrictions, causing damage to crops and plants in the environment. Experts says that a swarm of red locusts with 40 million individual insects is not uncommon during outbreaks, according to Made.
They say that a red locust will eat its own weight of food in a single day and on average, an adult weighs two grams. Therefore, a small swarm with 40 million individuals will potentially consume an estimated amount of 80 Metric Tonnes (MT) per day.
According to Made, experts also report that comparatively, the average daily food intake of a human being is 0,65kg.
“By implication, if a small swarm of the size alluded to earlier were to feed exclusively on a crop, it could deprive a total of 123 077 people of food in one day,” Made added signifying it as a frightening
He added that the threat from red locusts is as real today as it was at the formation of the International Red Locust Organisation-Central and Southern Africa office in 1949, after the devastating famines of
the late 1920s to the mid 1940s.
He cited the example of 2008 when a heavy swarming of red locusts escaped from the Dimba plains in Mozambique. The swarms reportedly invaded Malawi and Zimbabwe, but fortunately it occurred during the
dry season when they were fewer crops in the fields.
The International Red Locust Organisation Central and Southern Africa office quickly stepped in to control the pests at source and prevented further swarming and invasions of other countries both in eastern and southern Africa.
The International Red Locust Organisation mandate involves continuously managing and controlling red locusts at breeding sites in Malawi, Mozambique, Uganda, Tanzania and Zambia.
Apart from red locust management, the organisation works closely with member states technical staff in the surveillance, coordination,data collection, synthesis and feedback on activities of other migratory pests such as army worm, quelea birds and the African migratory locust.
The organisation has carried out applied research in developing environmentally friendly methods of controlling migratory pests and training to agricultural staff, especially at locust breeding sites.
A red locust plague which occurred between 1930 and 1944 invaded many countries south of the equator in Africa.
“That vulnerability to a potential locust plague still lurks in the background, meaning we cannot let down our guard, but continue to support our organisation,” Made warned.
Julia Pierini, CEO of Birdlife Zimbabwe commenting on migration and migratory birds said that migratory birds are not pests by any means and through her organization’s monitoring they have recorded declining
numbers to southern Africa at an unsustainable rate.
“Many thousands of animal species migrate like insects, fish,frogs, birds and mammals. Time is of the essence in migration. The journey itself serves only to move the animal from one place to
another, where it will linger until a change in the environment stimulates a return trip. A voyage that takes too much of a species`annual cycle is not practical,” Pierini said.
She added that approximately 4000 species of birds migrate around our planet earth with songbirds, waterfowl, waders and shorebirds in the majority.
“The main driver is the need to exploit the best food resources,especially during the breeding season.The timing of migration is triggered by changes in day length, as yet not fully understood hormonal changes and local weather conditions,” she added.
Commenting on threats and concerns, Pierini said that migrant birds are facing a multitude of hazards both natural like predation from other animals, the weather and man-made. She said the ones caused by human activity and causing havoc include hunting and trapping, coastal development, wetland degradation,
deforestation, pollution ,long-line fishing, overhead powerlines , wind farms and Climate Change.
“Excessive hunting and trapping of millions of migratory birds over the Mediterranean Sea and across Africa is also depleting global migratory bird populations in an unsustainable manner,” Pierini said.
Has Barack Obama Disappointed Africans?
May 19, 2016 | 0 Comments
BY ADEDEJI ADEMOLA*
Under the terms of the 20th Amendment, U.S. President Barack Obama’s second term as president of the most powerful country in the world ends at noon on January 20, 2017. By this time, one of the main challengers to the “throne” (Hillary Clinton or Donald Trump) will be inaugurated as the 45th president of the United States. But the question on the mind of several observers, particularly in Africa, is whether Obama’s presidency as “son of the soil” yielded any fruit for Africans?
It is instructive to note that the whole of Africa was on the edge in 2008, when Obama won the nomination of the Democratic Party. I remember abandoning classes to watch his speeches and campaigns live on DSTV. At the time, his story was a great motivation for a lot of us African youth that whatever you set your mind on, if you continue working consistently at it, you can achieve it.
Not since the times of the legendary Socrates,Cicero, or Abraham Lincoln had the world seen a more charismatic, powerful speaker, and intelligent leader. For me, there’s no one that can be compared with President Obama in local or international politics. And with the fact that he is a Kenyan biologically, I thought, like many others, that Africa will develop dramatically this time round.
But my expectation was dashed.
During his first term in office, Obama’s engagement with Africa was almost zero. To be fair to him, the whole world was undergoing economic depression when he became the president so he concentrated more on strengthening America’s economy and creating jobs. The stimulus package and other policies promoted were pointers to this fact. Although he traveled to some countries in Africa, it was all talk and less action. But during his second term in office, he was able to muster the courage to get some things done.
Some of the accomplishments President Obama achieved, according to the White House, included the strengthening of democratic institutions in Cote d’ Ivoire, Kenya, Sudan, and more. The administration also supported regional efforts to help countries affected by terrorist groups; launched the Feed the Future Initiative to address root causes of hunger and poverty; responded to humanitarian crises and disasters; promoted trade and investment; launched the Global Climate Change Initiative; Power Africa Initiative; Global Health Initiative; strengthened theAfrican Growth and Opportunity Act; introduced new U.S. initiatives to boost trade and investment opportunities for the least developed countries in Sub-Saharan Africa, among others.
The achievement I found very unique, distinguished, and noble is the President’s Young African Leaders Initiative (YALI). Started in 2010, the program seeks to provide tools to support leadership development, promote entrepreneurship, and connect young leaders with one another and the United States.
Since the program started, more than 2,000 young Africans have been trained in these areas. I have argued in other platforms that until the youths in Africa are trained and prepared to take over the reins of government in the next generation, Africa’s future looks not only bleak but also unsustainable.
This is because youths all over Africa are more interested in their survival only, so they continue to struggle for life. They are far removed from their country’s governance, welfare, or well-being due to the socio-political and economic conditions in several countries on the continent. Thus, if the youth get into leadership unprepared, then Africa is done for.
Unfortunately, considering the large population of youth throughout Africa, which is the largest in the world, the number of youth trained so far in the program is negligible.
It has been said that Obama’s African legacy cannot be compared with that of his predecessor or even former President Bill Clinton who remains a popular figure in Africa. Obama’s last trip to Africa (possibly his last) is nothing compared to the warm welcome received by George W. Bush on his final trip to Africa.
George Bush was treated like a hero. Apart from fighting terrorism across the African region, he fought the HIV/AIDS scourge on the continent like no one, reauthorized the African Growth and Opportunity Act as well as designed the Millennium Challenge Corp. to fight poverty on the continent. As argued by Hussein Hassen in his article “Washington’s Engagement with the Continent Continues To Prioritize Security Over Human Rights and Economic Partnership,” Obama’s two main pet projects (Power Africa and YALI) do not measure up to his predecessor’s bold initiatives. During Obama’s tenure, South Sudan, Libya, and the Central African Republic have become failed states.
What is noticeable is that Obama’s popularity in Africa has diminished. Who talks about him these days?
Still, African leaders as well as her citizens need to realize that no power or force in the world can aid them to development until they themselves show their determination to do so.
African leaders are always looking for some foreign aid, a foreign intervention, or a foreign development model, but the sincerity of the most altruistic foreign leader can never spur any country to development until African leaders themselves drive such vision with ruthless determination.
Whatever Barack Obama has done or not done is left for historians to reconstruct. It is unfair to say he does not cherish Africa or his roots because he does. But it is also unfair to say he helped Africa more than any U.S. president in recent history.
I wish him a wonderful retirement from office in advance.
BMCE Bank of Africa closes registration for the 2016 African Entrepreneurship Award and prepares to announce the candidates for its second round
May 18, 2016 | 0 Comments
The Group BMCE Bank of Africa announces the closing of Round 1 of the second edition of the African Entrepreneurship Award . The AEA is dedicated to inspire talented African entrepreneurs, or originating from Africa, by funding businesses using technologies that transcend borders to create jobs and improve lives.
Round 1 opened in mid-February and closed May 6th 2016, attracting about 8800 entrepreneurs from 105 countries submitting 3900 business ideas, that is an increase of +33% in applications volume compared to the Award’s first edition in 2015. From now until May 31st, 130 Regional African mentors are mentoring each business idea to decide who continues to Round 2 “Most Likely to Succeed Across Africa” in each category: Education, Environment and Uncharted Domains. Entrepreneurs from all 54 African countries plus 51 countries in the diaspora competed in Round 1 for “Most Needed In My Region”.
Round 1 winners will be announced on May 31st for the opening of Round 2, lasting from May 31st to July 31st 2016. During Round 2, entrepreneurs will benefit from the Pan-African mentors’ expertise to improve their business’ ability to meet customer needs and compete effectively across Africa. Following this second round, the best ideas will qualify for the third round of the AEA competition, where Global Mentors from the three continents will mentor African entrepreneurs to improve their businesses and rank “The Most Significant and Sustainable Businesses” for Africa.
Initiated in November 2014 by the Chairman of the Group BMCE Bank of Africa, Mr. Othman Benjelloun, the African Entrepreneurship Award illustrates the commitment of this group to inspire entrepreneurship across all of Africa. Each year, this initiative funds 1 million USD for the best African entrepreneurs, thus supporting their efforts to create jobs and improve lives for every African region. In 2015, the 1 million USD Award was shared among 10 winners from five economic zones across Africa.
AGAINST ALL ODDS : HOW TO STAY ON TOP OF THE GAME-Angelle Kwemo shares tips in new book
May 17, 2016 | 0 Comments
International Business Strategist, Attorney and Author, Angelle B. Kwemo shares her journey while outlining the steps anyone can take to achieve ultimate success in every area of their lives.
HOW TO STAY ON TOP OF THE GAME
By Angelle B. Kwemo
On Sale NOW
“You Must Act As If It Is Impossible To Fail” ~ Ashanti
The Oracle Group International is thrilled to announce the publication of AGAINST ALL ODDS: How to Stay On Top of The Game (Paperback; On Sale Now; $14.99; ISBN: 9781483441566) by award winning international business, political consultant and entrepreneur Angelle Kwemo, CEO of Astrategik Group and Founder of Believe in Africa. A lifetime in the making, Angelle provides readers with a clear and practical blueprint for personal and professional success, while sharing her amazing journey from childhood in Cameroon to become a globally respected government policy and international trade strategist.
AGAINST ALL ODDS is the captivating story of one woman’s determination to pursue her passion and aspirations while defying self-limitation and status quo. Angelle Kwemo, who is proud to be an African woman, followed her dreams, ignored the ridicule, and fought aggressively to seize every opportunity that presented itself to her. Today, Angelle is one of the worlds most sought after government relations and international trade advisory strategists. She advises multi dimensional entities on such matters as how to compete globally and build inroads into the United States, Africa, and other emerging markets. Angelle has lectured at Universities and Conferences around the globe, teaching techniques and strategies on how to successfully navigate into the international marketplace along with the art of remaining competitive.
So what does it take to build the courage to follow your vision, overcome challenges and be relentless in the pursuit of your dreams? Angelle will tell you. Presented here is Angelle Kwemo’s unique blueprint on how to become non-negotiable about your goals and eliminate those toxic behaviors that could potentially impede all efforts towards the attainment of success. To assist in the accomplishment of the aforementioned feat, Angelle utilizes AGAINST ALL ODDS to offer provocative lessons, real-life case studies, and proven strategies of risk and reward that are designed to help pave your own-chartered course of success and live a life of richness.
“This story is for all people of race, color, and color, but not for the light of heart, I think its important to share how I shaped my vision, developed endurance, over came the challenges, and became relentless in the pursuit of my dreams”, says Ms. Kwemo, “Life is like a game, having different levels of championship to grow and evolve, this manual will help you stay on top of your game and overcome life’s challenges at every stage of your career”.
ABOUT THE AUTHOR
Angelle Kwemo is Founder & Chair of Believe in Africa advocating for empowering the African private sector, women and youth. She is President & CEO of AstrategiKGroup, a firm that provides government relations, international trade advisory and strategic advice to multi-dimensional entities, allowing them to compete globally and build inroads into the United States, Africa and other emerging markets. A native of Cameroon, she started her career in France at Bestaux Law firm. In Douala, Cameroon, as one of the youngest executives, she served as the Chief of the Maritime Claims and Disputes Department, and later as the General Counsel for Bollore Technology Group and Geodis Overseas, one of the largest French investors in West Africa. She moved to the United States in 2001 where her determination landed her job in U.S. Congress where she worked for 8 years.
May 25, 2016; $14.99
Lulu Publishing, Inc.
ISBN #: 9781483441566
eBook ISBN #: 9781483441573
How to steal from Africa, all perfectly legally
May 7, 2016 | 1 Comments
When UK PM David Cameron opens the Anti-Corruption Summit on 12 May, we should be aware that the greatest fraud perpetrated on the majority of the world’s citizens is all perfectly legal.
Africa loses at least $50 billion a year — and probably much, much more than that — perfectly lawfully. About 60% of this loss is from aggressive tax avoidance by multinational corporations, which organise their accounts so that they make their profits in tax havens, where they pay little or no tax. Much of the remainder is from organised crime with a smaller amount from corruption. This was the headline finding of the High Level Panel on Illicit Financial Flows from Africa, headed by former South African President Thabo Mbeki, a year ago.
This amount is the same or smaller than international development assistance ($52 billion per year) or remittances ($62 billion). If we take the accumulated stock of these illicit financial flows since 1970 and factor in the returns on this capital, Africa has provided the rest of the world with $1.7 trillion, at a conservative estimate. Africa is a capital exporter.
The rest of the world didn’t take much notice of the Mbeki Panel’s findings until the Panama Papers revealed the extent to which this is just part of a global phenomenon. The rich aren’t being taxed. The rest of us pay for everything.
The OECD calls the phenomenon ‘base erosion’ (referring to the emasculation of the tax base of the affected countries) and ‘profit shifting’. The beneficiaries are a small fraction of the world’s wealthiest 1%, and the secrecy jurisdictions (aka tax havens) where they sequester their money. These locations include the City of London, numerous British overseas territories, Switzerland, and new entrants to the global business of looking after the monies of the hyper-wealthy and ordinarily wealthy, who would prefer not to pay tax. Countries including Mauritius, the Seychelles, Botswana and Ghana are seeking to enter this competition.
And the vast majority of this is perfectly legal.
Two hundred years ago, the slave trade was legal. One hundred years ago, colonial occupation and exploitation were legal. This time the legal immiseration is done by accountants.
This dimension of unethical financial activity isn’t captured by Transparency International (TI) and its Corruption Perceptions Index. That index is, as it says, a measurement ofperceptions. But of what andby whom? As the UN Economic Commission for Africa recently observed, it relies on asking key power players in a nation’s economy what they think of the level of corruption. Many of those are foreign investors. Using this approach a country like Zambia will unsurprisingly tend to rank high on corruption – 76 worst out of 168. Meanwhile, Switzerland will rank low – 7th.
But the perfectly legal transfer of the wealth of Africa to Europe isn’t captured by this index. As TI notes, “Many ‘clean’ countries have dodgy overseas records”. Consider this: the number one destination for Zambian copper exports is Switzerland, which in 2014 accounted for 59.5% of the country’s copper exports. Yet Switzerland’s own imports that year scarcely contained any mention of copper at all. Had the African country’s main exports just vanished into thin air? The 2015 figures suggest that in fact much of these exports were destined for China (31%), though Switzerland remained the number one destination (34%).
The answer to where the money goes lies in accountants’ alchemy. International corporations present their books in such a way that they pay as little tax as possible in either Zambia or China. And they don’t pay much in Switzerland either – because the Swiss don’t demand it.
Suddenly the ranking of Switzerland, 69 places ahead of Zambia in the honesty league, looks a bit suspect. But of course it’s all perfectly legal.
From Zambia’s point of view, what counts as corruption is defined by the rich and powerful. When their country is robbed blind by clever accounting tricks, against which their government and people have no recourse, it is just the operation of a free market controlled – as free markets so often are – by corporations that have enough power to set the rules.
Political money in a political marketplace
Another little noticed but significant feature of illicit financial flows from Africa is that there are occasional reverse flows. The movements back into African countries aren’t as big as the outflows, but they are important. What is happening here is “round-tripping”: spiriting funds away to a safe place so they can be brought back, with their origins unexplained, and no questions needing to be asked.
The same multinational corporation that is defrauding an African country can pay money into the offshore account of one of its political leaders. Or that leader can whisk funds away by other means. Our main concern here isn’t the money invested in real estate in France, yachts, fast cars, or foreign business ventures. These are personal insurance policies in case things go wrong at home, or tickets to the global elite club. Rather, our concern is the cash kept liquid, to be brought back home when needed – the money brought back to fix elections, buy loyalties and, in sundry other ways, secure leaders in power. These are political budgets par excellence: the funds used for discretionary political purposes by political business operators.
In the United States, almost any kind of political funding you can think of can be done in a perfectly legal manner, given a smart enough accountant and lawyer. Political Action Committees can spend as much money as they like in support of a candidate. Campaign finance is essentially without a ceiling.
In Africa, political finance laws range from lax to non-existent. Spending vast amounts of money on winning political office – or staying in office – offends no law. The monetisation of politics is one of the biggest transformations in African political life of the last 30 years. It is generating vast inequalities, consolidating a political-commercial elite which has a near-monopoly on government office, fusing corporate business with state authority, and making public life subject to the laws of supply and demand. Political markets are putting state-building into reverse gear, transforming peace-making into a continual struggle against a tide of mercenarised violence, and – most perniciously – turning elections into an auction of loyalties.
Political money is discrediting democracy. Some of the transactions that constitute Africa’s political markets are blatantly corrupt, but many are simply the routine functioning of political systems based on the exchange of political services for material reward.
Yes, there is corruption in Africa, just as there is corruption in international trade and finance. But when Prime Minister David Cameron opens the Anti-Corruption Summit next week on 12 May, we should be aware that the greatest fraud perpetrated on the majority of the world’s citizens – notably those living in Africa – is all perfectly legal.
*Source African Arguments.Alex de Waal is the Director of the World Peace Foundation.
US$7 Million Prize to Fund African Renewable Energy Projects
May 5, 2016 | 0 Comments
Calling all entrepreneurs and developers of renewable energy projects in Africa
- Just three weeks left for entrepreneurs to enter the ACF competition which will see developers across the continent compete for funding and expertise
- Calling all entrepreneurs and developers of renewable energy projects in Africa
Access Power , a developer, owner and operator of power projects in emerging markets, today kicked off the countdown for applications to the ACF 2016, the second edition of its successful Access Co-Development Facility (ACF) for renewable energy projects in Africa.
ACF 2016 is a competition dedicated to finding local power project developers with credible renewable energy projects in Africa who need access to funding, technical experience, and expertise to bring their plans to life.
Following the competition’s successful launch last year, the ACF increased its funding from US$5m in 2015 to US$7m for this year’s winners. Up to three successful projects will be selected by a panel of expert judges whose decision will be based on commercial, technical and environmental merits, the local regulatory environment, and capability of the project team.
The winners of ACF 2016 will be announced on Tuesday 22nd June 2016 before a live audience during the Africa Energy Forum in London (see Notes to Editors for further details). The winners will enter a Joint Development Agreement with Access Power, which will take an equity stake in the winning projects and fund third-party development costs such as feasibility studies, grid studies, environmental and social impact assessments and due diligence fees. Access Power will also provide technical support, financial structuring and development process management.
Nasir Aku, ACF Program Manager at Access Power commented, “With just one month to go until the application deadline, we want to make sure that all local developers across the African continent are aware of this fantastic opportunity to secure valuable funding and expertise that can turn an idea for a renewable energy project into reality.”
ACF 2016 is leading the way in demonstrating and supporting the type of renewable energy projects that will help meet Africa’s massive and urgent need for electrification.
“Through this unique facility, we hope to encourage innovation and support companies in their efforts to deliver power to places that desperately need it. Last year we received a total of 55 submissions from 18 countries across Africa, including solar, wind, hydro, hybrid and bio-mass projects. The applications are coming in fast so 2016 looks set to build on that success.”
The inaugural ACF in 2015 was won by Quaint Solar Energy from Nigeria and Flatbush Solar from Cameroon. Other competing projects hailed from Cape Verde, Kenya, Madagascar, South Africa, Morocco, Ghana, Rwanda and Tanzania.
One project has already pre-qualified for ACF2016. A 25MW solar project being developed in Sierra Leone by Africa Growth and Energy Solutions (AGES) won the Solar Shark Tank competition at the Making Solar Bankable conference in Amsterdam on 18th February. In a keenly fought contest, three emerging markets developers competed for a US$100,000 grant to support the development of their solar projects, funded by Access Power and Dutch development bank FMO. Part of the prize, subject to terms and conditions, was pre-qualification for ACF2016.
- The independent judging panel of four judges will include industry and legal experts as well as representatives from multilateral development banks.
- Following a pre-selection process, a shortlist of applicants will be chosen to present their projects to a panel of judges at the Africa Energy Forum in London on the 22nd June 2016.
- Applicants must present their projects to the judging panel during the Forum within a given time and take questions from panel members.
- Panel members will score each project based on the evaluation criteria, using weighted percentages.
- ACF 2016 submission period runs from 18th February to 20th May, 2016.
Access Power (‘Access’) was founded in 2012 with the aim of becoming a leading developer, owner and operator of power assets in emerging and frontier markets. Access has assembled a development team with a track record of financially closing ~30 GW of power projects across the globe. Through its various subsidiaries, Access is currently developing power assets in over 20 countries in Africa and Asia. Access’ portfolio predominantly consists of renewable energy projects with a gross total investment cost of over US$ 1 billion.
Carlos Lopes: To industrialise, Africa needs strong but smart states
May 2, 2016 | 0 Comments
“Africans have not negotiated well in a number of areas…Who’s fault is it? It’s Africa’s problem and they need to address it.”
African Arguments caught up with the UN Economic Commission for Africa’s Executive Director to talk about economic transformation, what’s holding the continent back, and whether leaders will really take action in the wake of the #PanamaPapers.
In a lot of your work, you emphasise the need for Africa to undergo ‘structural transformation’. What does this mean, and why is industrialisation so important to it?
There is a whole literature about structural transformation, but in practical terms right now in Africa it means moving to higher productivity sectors. We see this happening in three particular areas. Firstly, there’s agricultural productivity, which is at its lowest in Africa yet offers incredible potential for minimising poverty and contributing to industrialisation through agro-processing. Secondly, there’s manufacturing, which requires policies that mimic part of the experience of successful industrialisation processes of the past but are much more adapted to African characteristics. And thirdly, there’s the service sector, which needs to become more integrated into the formal economy.
Industrialisation plays a critical role because it’s more than just the production of processed goods or value addition from natural resources. It’s also an enabler for a rising society and, being a latecomer, Africa can learn from the experiences of others and adjust. For Africa, issues such as the environment, for instance, can be tackled up front.
There are varying verdicts as to how African industrialisation is faring. Some emphasise that manufacturing as a share of Africa’s GDP has almost halved from its 20% level in 1970. But others highlight that manufacturing is increasing at 3.5% a year, faster than the global average. What’s your take?
If you measure it by manufacturing value added, which is the common preferred indicator, then yes it is true that in percentage GDP terms, African manufacturing is stagnating if not falling. But African economies have doubled in the last 15 years, so even if you maintain the same percentage it means a lot more industry has come on board. Moreover, this also doesn’t take into account a number of activities that we can consider industrial but aren’t counted in statistics because of delays in updating national accounts.
Our take is that industrialisation is increasing significantly in some countries, though not across the entire continent, and that we need to accelerate and aggressively.
What’s holding African industrialisation back? Is it insufficient infrastructure? Lack of imagination amongst policymakers? Trade treaties that constrain what governments are able to do?
It’s all of those but the important question is which of those comes first. I think the capacity for comprehensiveness that comes with an industrial policy is what is the most important, because if you tackle the issue from just a specific sector or enabler or dimension, you are never going to get your act together.
The countries that really move and industrialise always have the same recipe: a very strong state hand, but a state that is very smart, a state that is capable of introducing smart protectionism because crude protectionism is no longer available, a state that is capable of identifying the critical enablers like infrastructure, and a state that knows how to fund its policies whether through domestic resource mobilisation or astute borrowing.
In a recent ECA report, the World Trade Organisation (WTO), Bilateral Investment Treaties and Economic Partnership Agreements are painted as significant barriers to African industrialisation. Do these agreements just need tweaking or are they inherently detrimental for Africa?
I think African countries have embarked on signing stuff they shouldn’t sign, but too bad for them. The WTO is a consensus-based mechanism that would allow for stalling, so if Africans don’t get their act together to stall the things that are bad for them, then that’s an African problem not a WTO problem.
I think Africans have not negotiated well in a number of areas. They are not taking advantage of space they already have. And Africans are also distracted by negotiating bilateral trade agreements before they finalise their own. Who’s fault is it? It’s Africa’s problem and they need to address it.
Given enormous global power imbalances, do you think it’s enough for African policymakers to just be slightly smarter and more imaginative under the current system, or do you think there needs to be more fundamental change too?
The moral and political dimension I leave for the media, NGOs, and civil society, though we should certainly give them ammunition so their claims are evidence-based. Where we can really make a difference is in deconstructing some untruths that have long been masquerading as truths. That’s why we’ve been plunging into legislative issues, contract negotiations, and investment and trade treaties to try and have a more informed discussion. We think a lot of space exists in these that Africans are not using. After all, countries that are good negotiators do get a better deal.
In terms of untruths, take this race to the bottom towards zero tax for investors for an example. Does it attract more investors in relation to potential competitors? No. Typically countries that are well organised and structured and that offer investors a package of incentives that are not tax-based are more attractive than ones offering tax incentives.
When it comes to illicit financial flows, through which $50 billion leaves Africa each year according to an ECA report, do you think leaders will seize this moment after the #PanamaPapers to implement real reforms?
There are various dimensions to the debate, but because of Mossack Fonseca we are currently focusing on one dimension: namely tax jurisdictions and how multinationals are taking advantage of different loopholes to move from one jurisdiction to another in order not to pay tax.
Another dimension, however, is the competition amongst financial centres. The City of London, for example, doesn’t want to lose its prominence as one of the leading financial centres of the world. This means that they have to stay ahead of competitors and protect a certain number of very complex legislative dimensions that will appear from a regulatory point of view to be very strong and powerful, but at the same time be lenient where they know competitors could have an edge.
There is certainly now a strong public push for regulators to put a bit of order to things. And I don’t think the rhetoric is hypocritical, but how far they will go and how much political leaders will embrace actual change is another matter.