Critics estimate that the strong level of the Euro against the US dollar is responsible for an overvalued CFA Franc that penalizes the zone’s export competitiveness. The question is whether this loss of competitiveness is simply due to the CFA Franc level, or whether other factors can be identified.
This article offers to analyze the budget expenditure structure of African countries and identify to what extent it can be an instrument of support to the socio-economic dynamics of the continent on the long-run.
A transcript of an interview with Nunu Ntshingila, future director of Facebook Africa
From this contrast, it seems that the Africans prefer a certain sort of coups to other else. This hypothesis raises the issue of the compability between coups and democracy in Africa.
Since the first coup instigated in Egypt by Nasser in 1952, more than 80 coups have occurred in the cradle of mankind. The last one was plotted by Burkina RSP headed by Gilbert Diendéré, the previous chief of staff of ex-president Blaise Comparé. Plenty of coups sadly marked out postcolonial Africa History. But it is not an exceptional case, as the Westerners and the Asians have gone through such experiences.
Everything is not black and white. This paradox is amply enough to raise this fundamental question: how is it possible that some African countries successfully replace their leaders by way of regular and legal elections, whereas others do not achieve it?
As a matter of fact, no city or region in Africa can reasonably claim to offer a similar international business ecosystem, in spite of all the imported concepts and plans that could not be successfully implemented in the continent. Under what conditions can we expect African start-ups to develop and be competitive in the world? How can they create a business ecosystem that could integrate and progress in the most selective international benchmarks?