THE NEW AFRICAN ECONOMIC ENVIRONMENT

Magazine content

MALUKU Mwana
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EDITORIAL 48

Africa’s emergence is possible, indeed probable, but is not happening yet. It will not happen by itself. We have to bring it about, by striving for it, being rigorous, setting the bar high for ourselves, being organised. The road is still stony and it will only be carpeted with flowers if the gardeners water it with their sweat. Above all, Africa needs to replace the fifty currently existing Africas. At the very least, in an intermediate stage, we need powerful regional groups to replace the current patchwork.

Sassou N’Guesso Denis
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SUSTAINABLE DEVELOPMENT, SECURITY: TOWARDS A NEW COOPERATION BETWEEN AFRICA AND EUROPE

Exactly ten years ago, in April 2003, we suggested the creation of a Pan-African Pact Against Aggression that would enable African  nations  to  cooperate  effectively  in  the  sphere  of  crisis prevention and management. A decade later, the time has come to take another step forward in taking control of our destiny, ensuring the development of our continent on the basis of a cooperation structure adapted to global changes as well as to Africa’s traditions, history and resources, while at the same time learning from our inadequacies.

SIGNE Landry
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AFRICA EMERGING: ECONOMIC GROWTH, BUSINESS OPPORTUNITIES AND CHALLENGES IN THE 21ST CENTURY

A decade  ago,  The  Economist  published  an  article  entitled “Hopeless Africa” (May, 2000), which provided several reasons to despair for the future of the continent: dreadful wars, disease, misery, floods, famine, thuggery, despotism, corruption, rape, cannibalism, and poor economic performance despite abundance of natural resources. However, The Economist (December, 2011) has recently changed its tone, expressed regrets, and published an article entitled “Hopeful Continent: Africa Rising,” stating that “Africa’s...

T.COOK Melissa
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PRIVATE-SECTOR BUSINESS IN AFRICA: ENGINE OF GROWTH

Africa is on the cusp of a once-in-a-lifetime transformation. Innovation, entrepreneurship and for-profit investment are driving expansion in private-sector enterprises across the continent. Investors within Africa and in international markets are keenly aware that the continent offers opportunity for economic expansion unlike anywhere else in the world. We believe that under the right conditions, some African countries can accelerate GDP growth from today’s 4%- 5%  to  as  high  as  7%-10%.  Economic  expansion — if  properly managed,...

ZINSOU Lionel
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“AFRICA’S EXCEPTIONAL GROWTH”

Former lecturer and UNDP consultant, Lionel Zinsou has been chargé de mission to two French Ministers of Industry, Laurent Fabius and Pierre Dreyfus. In his career in the private sector, he has been successively Head of Development at Danone, mergers and acquisitions specialist at Rothschild’s Bank and Chairman of Paribas Industrial Affairs. He is a member of the Board of Directors of the French daily Libération. In his native country, Benin, Lionel Zinsou is an economic operator through CSEB (Compagnie de service des entreprises du Bénin), an industrial cleaning,...

HULOT Nicolas
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“AFRICANS ARE IN A POSITION OF STRENGTH”

An interview with Isabelle Lasserre — YOU ARE THE SPECIAL ENVOY OF THE PRESIDENT OF THE FRENCH REPUBLIC FOR THE PROTECTION OF THE PLANET. WHAT ARE YOUR MAIN MISSIONS?

NZE Frederic
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WHAT BANKING SYSTEM FOR AFRICA?

At a time when the African continent is generating renewed interest and seems like the final space where growth and industrialisation can occur, it is interesting to consider the question of how and through whom its banking system will be structured.

Pougnaud Pierre
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AFRICA, LAND OF INNOVATION

An objective approach to the African continent’s innovation potential  immediately  comes  up  against  paradoxes  and prejudices.  Paradoxes,  because  recent  developments  in  African economies, and in particular those of sub-Saharan Africa, reveal something disturbing in relation to the commonly accepted models, with high — and apparently sustainable — growth rates despite the absence of massive prior investment in research and innovation. Prejudices, because public opinion, however enlightened, and a sizeable...

HUET Jean-Michel
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TECHNO PARKS AND DEVELOPMENT

African countries today are faced with a host of issues. Ever more in the spotlight, they play an increasingly important role on the international scene. In order to boost their influence, most of them have understood that they need to meet numerous challenges. In the first place, their economies must be developed through the creation of new businesses; they must enhance their attractiveness to foreign investment and structure their agricultural, industrial and service sectors to become more competitive. These countries also need to develop or modernise their infrastructures in the fields of...

KOFFI DJOSSOU Fabrice
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DEVELOPING A DYNAMIC DIGITAL SECTOR

The  speed  with  which  digital  as  well  as  information  and communication technologies are spreading today has been surprising and has exceeded the expectations of the World Summits on the Information Society held in Geneva in 2003 and in Tunis in 2005. More than half the inhabitants of the planet now have access to these technologies and to mobile telephony in particular. Moreover, mobile applications have become more than communication tools: in certain countries new forms of mobile applications have emerged, especially in the banking sector.