President Biden will visit Angola on October 13-15, 2024.
President Biden’s visit will fulfill the commitment made during the U.S. Africa Leaders Summit in December 2022. This is the first Presidential trip to Africa in over a decade demonstrating and celebrating the evolution of the U.S.-Angola relationship and the renewed importance of Angola in the investment of U.S. Capital in this part of Africa.
Read more: September 24, 2024 Statement from White House Press Secretary Karine Jean-Pierre on President Biden’s Travel to Germany and Angola
Concerns are growing in the US and other countries regarding economic cooperation between China and Africa including the so-called “debt trap,” according to the narrative dominating the western-based media outlets. These news agencies present China’s activities in Africa are driven by its will to increase its influence by extending excessive loans to developing countries that are used as traps to corner and influence the African economies.
Angola and Angola Model is frequently used as a case of such debt trap based on the extraction of natural resources or supply of energetic and strategic minerals by African nations in exchange for loans provided by China State and Financial Institutions.
Angola’s long-running financial relationship with China has been built on a simple equation: Angola would repay its growing Chinese debt with oil. This strategy became known as the Angola Model.
Since 2002, Angola has borrowed more than $45 billion from China, more than half of that going into its energy sector. More than a decade ago, Angola was China’s No. 2 source of crude oil. China receives nearly 72% of Angola’s oil exports, making it Angola’s largest oil importer.
According to a report from the Carnegie Endowment for International Peace: “In 2010, Angola was the world’s second-largest exporter of oil to China, after Saudi Arabia. But it has fallen down the list as Beijing has increasingly turned to the Arab states of the Gulf Cooperation Council, Russia, and other Asian countries.
However, the beginning of the end when between 2019 and 2023, Angola’s oil production fell 22% from 1.42 million barrels per day to 1.1 million barrels per day. The subsequent drop in business is straining Angola’s ability to keep up with its Chinese debt. As oil revenues have declined, by 2023, Angola had been bumped to number eight on this ranking of oil suppliers to China.” China receives nearly 72% of Angola’s oil exports, making it Angola’s largest oil importer. However, the recent drop in business is straining Angola’s ability to keep up with its Chinese debt. Since 2002, Angola has borrowed more than $45 billion from China, more than half of that going into its energy sector, according to Boston University.
Angola still owes Chinese lenders $17 billion. Chinese loans constitute about 40% of Angola’s total debt. Overall, debt payments consume about half of Angola’s national budget every year, placing it among African countries most vulnerable to a potential debt crisis, according to international credit rating agency S&P Global.
As oil revenues have declined, Angola has been forced to cover interest payments on its debt by tapping into a Chinese-held $1.5 billion escrow fund that was mandated as part of its loans. As China Buys Less Oil, as China has begun importing less oil from Angola and other African nations and more from Russia, the Persian Gulf, and Asia, Angola Struggles To Repay Debt.
Chinese lenders gave Angola a three-year reprieve on loan payments that ended in 2023 — just as Angola’s economy took a downturn. As oil revenues have declined, Angola has been forced to cover interest payments on its debt by tapping into a Chinese-held $1.5 billion escrow fund that was mandated as part of its loans. This year’s debt payment to Chinese leaders is estimated at $10.1 billion.
Angola recently left OPEC, the cartel of oil-producing countries, after a dispute over quotas. Angolan authorities hope that step will encourage more direct investment by China and other countries in its oil sector. In the meantime, the country’s leaders are trying to diversify their economy to reduce the impact of fluctuating oil prices.
This shift has been driven, in part, by African countries’ lack of investment in new oilfields and infrastructure. Aging equipment and shrinking oilfields make the continent’s oil producers, including Angola, less reliable as exporters, according to researchers with the Carnegie Endowment for International Peace.
Building bridges: President Biden invites Angolan counterpart João Lourenço for talks As Angola President João Manuel Gonçalves Lourenço visits the White House on Thursday, November 30, 2024, the US is poised to strengthen a complex alliance developed during the past three decades of diplomatic ties between the two countries.
The United States Agency for International Development (USAID) in Angola announced, this Wednesday, the investment of 3.5 million dollars to support environmental issues of local organizations in the Lobito Corridor, in the province of Benguela
Lobito Port and Lobito Corridor:
Challenge of the Rivalry and Competition of the United States and China for Oil Resources of Angola and Mining Resources of Zambia
When the Missionaries arrived, the Africans had the Land and the Missionaries had the Bible. They taught us how to pray with our eyes closed. When we opened them, they had the land and we had the Bible. – Jomo Kenyatta
This publication has up to today 8/2/2024: 2,683 impressions and it keeps going up up up …
In the present article, we will emphasize the reasons for the setback experienced by the restructuring and rescheduling of Zambia’s External Debt and how even with the twist of events and alliances other projects such as the Liboto Corridor Project can become a double edge sword with 2 sharp sides and even to be transformed in the Sword of Damocles put on the top of the Zambia Head.
In the case of Lobito investment, China holds the primary role, and in Central Africa and Sahel, Russia with the military power making Africa more tuned toward a nationalistic approach for its development and using colonialism and neo-colonialism as the reason for changing the rulers by new military militants instead the legation of the western countries.
The Lobito Atlantic Railway project, covering Angola, the Democratic Republic of Congo (DRC), and Zambia, is a significant infrastructure initiative. Led by the United States, the project aims to enhance logistical infrastructure in southern Africa. However, Chinese state-owned enterprises and private companies already dominate critical mineral supply chains (such as copper and cobalt) needed for electric vehicle components.
And there are countries with worrying amounts of Chinese debt. In Djibouti, China holds 77% of the national debt, while Zambia’s $6.4 billion in Chinese loans represents the lion’s share of its commitments. A spokesperson for China’s Ministry of Foreign Affairs (MOFA) told CNN via email that China has paid “high attention” to the African debt situation, and is dedicated to “sustainable development.”
United States – Angola: Rejevunating Courting Relationship
Press Release:
Corporate Council on Africa announces Angola as host of the 2025 U.S.-Africa Business Summit
Washington, D.C. – September 6, 2024 – The Corporate Council on Africa (CCA) has the high honor of announcing that the Government of the Republic of Angola will host the 17th U.S.-Africa Business Summit in 2025 in the city of Luanda, Angola.
Following a meeting of CCA leadership with His Excellency João Lourenço, President of the Republic of Angola during the May 2024 U.S.-Africa Business Summit in Dallas, Texas, a Memorandum of Understanding (MOA) was developed and was signed today in Washington, DC by H.E. Mr. Agostinho Van-Dunem, Ambassador of the Republic of Angola to the United States and Ms. Florizelle (Florie) Liser, President and CEO of CCA to officially mark this important collaboration.
The U.S.-Africa Business Summit is recognized as one of the most important business platforms that annually brings together African Heads of State and key Ministers, U.S. Cabinet officials and heads of major agencies, and CEOs and senior executives of U.S. and African companies to foster investment, trade, and commercial collaboration.
The 2025 Summit marks a significant milestone as Angola celebrates the 50th anniversary of its national independence and assumes the Chairmanship of the African Union (AU). Thus, co-organizing and hosting the U.S.-Africa Business Summit during such a momentous year underscores Angola’s firm commitment to promoting a new phase in as well as strengthening economic ties between Africa and the United States. Angola’s selection as the host country is a testament to its remarkable progress and potential as a key player in the African economy.
The Summit will showcase Angola’s diverse industries but will be continental in focus highlighting business and investment opportunities across the African continent in a range of sectors from energy and infrastructure to agriculture and technology, creative economy, manufacturing to digital economy and health.”We are delighted to bring the U.S.-Africa Business Summit to Angola in the Summer of 2025,” said Florie Liser, President and CEO of the Corporate Council on Africa.
“This year’s Summit promises to be a landmark event, highlighting not only Angola’s economic potential and strategic importance as a leader in Africa, but recognizing the African continent’s increasing importance as a strategic economic, trade, and business partner of the U.S. Government and private sector.”
The 2025 Summit will be a crucial opportunity to identify effective and sustainable solutions to diversify the African economy and to increase trade, investment, and business in sectors with a high impact on the lives of African and American people, enterprises, workers, and consumers.
Participants will engage in high-level discussions on the critical issues and challenges, key sectors, and opportunities impacting the U.S.-Africa trade and investment relationship as well as sign deals and advance new business ventures and commercial partnerships that will drive economic growth and development both in the United States and Africa.
The 2025 U.S.-Africa Business Summit is expected to attract over 1,500 attendees, including African Heads of State, senior U.S. Government officials, CEOs, investors, and entrepreneurs. The event will feature plenary sessions, panel discussions, investment pitch sessions, networking opportunities, and an exhibition showcasing innovative products and services.
Local Culture and Local Business Culture: To Be AI or Not To Be Pen Writing
Local Culture is still Not Integrated in the Artificial Intelligence Bank of Intelligent Data
You are never better served than by yourself. Don’t forget to mention our speakers and storytellers from Bab Mellah – Fortaleza Mazagão, Agba Boucherit, Dar Caid Si Boubker, Sidi Yahya, Gaa de Sidi Moussa, Joutiya Derb Ghalef, and the Grand Rally of Moulay Abdellah.
I hope that one of your researchers knows the traditions that were transmitted through these places or the fertile memory of the event as a translation of burlesque and serious anecdotes sometimes intended as reprimand and mockery and at other times about wisdom inherited through tribal cultural identification.
This need to belong to a locality and to a home with a name and regional social identity which through the ages moves and reproduces to create a piece of populist history in its orality as well as in its expression of pride. of belonging has symbols and signs worthy of recognition. A form of reproduction through the dialectal language of which the poets sang as the bravery and distinction of their masters of arms like their financial patrons without real glory.
In the city of our birth, popular singing, including by Sheikhates and Sheikhs, is incommensurate with the cultural or social divide but rooted in the future of our social education and our awareness of history that nothing could compete or criticize since it was part of our daily life and especially our ancestral environment through which we nourish our regional and tribal belonging.
Knowing and learning through listening was for us the continuation of our first learning in the Koranic schools and also the advanced age of these personalities of the art of popular discourse, this correlation imposed on us a respect for this knowledge that only these encounters allowed us to learn and subsequently recite like cascades of our image.
These Hlaquiyas and these masters of the history of cultural and popular identity were our masters of the School of the Street and the Neighborhood, the reproduction of what I found in Paris in the Latin Quarter and in front of the Pompidou Center as was the case at Jamaa El Fna too.
For us Mazaganais, they became, as Chaouki said, the legitimate prophets of our knowledge of identity. The Mazaganese and Jdidis writers first Driss Chraibi identified with such characters of the Halqua as was also Abdelkebir Khatibi who thus possessed a common denominator of their respective story-novel given the familiar ingredients of their own and direct entourage and their observations and listening to the raw and primary narration which they transformed into a form of antagonistic and populist cultural dialectic reflecting a reality that only oral tradition could have preserved and transmitted between the generations of our neighborhood community, city and country.
The Hlayqui lyricist technique found itself metamorphosed into literary prose crisscrossing the same periods and the same cultural identities with the only difference, the French-speaking linguistic vector and the organizational structure of the chronological and territorial narration of an academic style.
My other Cultural groups at Facebook are as follows or you can also find some publications on our traditions of Doukkala and Mazagan – El Jadida
Mazagan Magazine
Made in Doukkala – Morocco
Made in Doukkala – Morocco
Memories Knowledge and Families Made in Mazagan El Jadida Doukkala
La Culture Locale n’est pas encore integree dans l’Intelligence Artificielle – La Banque des Donnees Intelligentes
On n’est jamais mieux servi que par soi-même. N’oubliez pas de mentionner nos intervenants et conteurs de Bab Mellah – Fortaleza Mazagão, Agba Boucherit, Dar Caid Si Boubker, Sidi Yahya, Gaa de Sidi Moussa, Joutiya Derb Ghalef, et du Grand Rallye de Moulay Abdellah.
J’espère que l’un de vos chercheurs connaît les traditions qui se sont transmises à travers ces lieux ou la mémoire fertile de l’événement comme traduction d’anecdotes burlesques et sérieuses, tantôt destinées à la réprimande et à la moquerie, tantôt à la sagesse héritée de l’identification culturelle tribale.
Ce besoin d’appartenance à une localité et à un foyer avec un nom et une identité sociale régionale qui, à travers les âges, se déplace et se reproduit pour créer un morceau d’histoire populiste dans son oralité ainsi que dans son expression de fierté. d’appartenance comporte des symboles et des signes dignes de reconnaissance. Une forme de reproduction à travers le langage dialectal dont les poètes chantaient comme la bravoure et la distinction de leurs maîtres d’armes comme de leurs mécènes financiers sans véritable gloire.
Dans notre ville natale, le chant populaire, y compris celui des cheikhates et des cheikhs, est sans commune mesure avec la fracture culturelle ou sociale mais ancré dans l’avenir de notre éducation sociale et dans notre conscience d’une histoire que rien ne peut rivaliser ou critiquer puisqu’elle fait partie de notre la vie quotidienne et surtout notre environnement ancestral à travers lequel nous nourrissons notre appartenance régionale et tribale.
Connaître et apprendre par l’écoute était pour nous la continuation de nos premiers apprentissages dans les écoles coraniques et aussi l’âge avancé de ces personnalités de l’art du discours populaire, cette corrélation nous imposait un respect de ce savoir que seules ces rencontres nous permettaient d’acquérir. apprendre et ensuite réciter comme des cascades de notre image.
Ces Hlaquiyas et ces maîtres de l’histoire de l’identité culturelle et populaire étaient nos maîtres de l’École de la rue et du quartier, la reproduction de ce que j’ai trouvé à Paris dans le Quartier Latin et devant le Centre Pompidou comme c’était le cas à Jamaa El Fna aussi.
Pour nous Mazaganais, ils sont devenus, comme le disait Chaouki, les prophètes légitimes de notre connaissance de l’identité. Les écrivains mazaganais et jdidis ont d’abord identifié Driss Chraibi à des personnages de la Halqua, tout comme Abdelkebir Khatibi qui possédait ainsi un dénominateur commun à leur roman-histoire respectif compte tenu des ingrédients familiers de leur propre entourage direct et de leurs observations et de leur écoute brute. et narration primaire qu’ils ont transformée en une forme de dialectique culturelle antagoniste et populiste reflétant une réalité que seule la tradition orale aurait pu préserver et transmettre entre les générations de notre communauté de quartier, ville et pays.
La technique parolière hlayqui s’est retrouvée métamorphosée en prose littéraire sillonnant les mêmes périodes et les mêmes identités culturelles avec pour seule différence, le vecteur linguistique francophone et la structure organisationnelle de la narration chronologique et territoriale d’un style académique.
Mes autres groups Culturels sont les suivants ou vous pouvez également retrouver quelques publications sur nos traditions des Doukkala et Mazagan – El Jadida
Magazine Mazagan
Fabriqué à Doukkala – Maroc
Fabriqué à Doukkala – Maroc
Memories Knowledge and Families Made in Mazagan El Jadida Doukkala
Artificial Intelligence and Consulting Based on Pen Writing: Colonization or Cohabitation?
Artificial Intelligence Reaction to Our Question:
How Artificial Intelligence can be Pain for Pen Writing for consulting services and jobs. How artificial intelligence can impact the provision of consulting solutions and how it can replace human-formulated advice and recommendations?
AI responses and reactions:
Artificial Intelligence (AI) is transforming the consulting industry in several ways, enhancing and challenging traditional consulting roles. Here are some key impacts:
AI can quickly process vast amounts of data, providing consultants with deeper insights and more accurate predictions. This allows for more informed decision-making and strategy development. Tools like machine learning and natural language processing can analyze market trends, customer behavior, and financial data, offering a comprehensive view that would take humans much longer to compile. Routine tasks such as data collection, report generation, and initial analysis can be automated, allowing consultants to focus on more complex and creative aspects of their work. AI can streamline processes, reducing the time and cost associated with consulting projects.
AI algorithms can identify patterns and correlations that might be missed by human analysts, leading to more robust and innovative solutions. By providing real-time data and predictive analytics, AI helps consultants make more timely and effective recommendations.
Many tasks traditionally performed by junior consultants, such as data entry and preliminary analysis, are increasingly being handled by AI, potentially reducing the need for entry-level positions. This shift requires consultants to adapt by developing skills in AI and data science to remain competitive.
While AI can handle data-driven tasks efficiently, it lacks the nuanced understanding and emotional intelligence that human consultants bring to client interactions and strategic thinking.
AI cannot replace the creativity, empathy, and contextual understanding that human consultants provide, especially in complex and ambiguous situations.
AI systems can sometimes perpetuate biases present in the data they are trained on, leading to flawed recommendations. Human oversight is crucial to ensure ethical and unbiased consulting practices.
The key to leveraging AI in consulting is to strike a balance between automation and human insight. AI can enhance the capabilities of consultants, allowing them to deliver more value to their clients. However, the human element remains indispensable for interpreting AI-generated insights, understanding client needs, and providing personalized, context-aware advice.
By embracing AI as a tool rather than a replacement, consulting firms can enhance their services and maintain their competitive edge in an evolving industry.
These are presentations and conclusions made by AI responses and reactions:
When discussing “Artificial Intelligence, Pain for Pen Writing,” it refers to the potential negative impact that advanced AI writing tools could have on the practice of traditional pen-and-paper writing, particularly in educational settings, where the physical act of writing by hand is considered important for learning and cognitive development.
Artificial Intelligence Reaction to our Question: Artificial Intelligence, Pain for Pen Writing
Key concerns about AI replacing pen writing – These are presentations and conclusions made by AI responses and reactions:
Reduced fine motor skills: Repeatedly typing on a keyboard instead of physically forming letters with a pen can lead to a decline in hand-eye coordination and dexterity, especially in young children.
Diminished cognitive processing: Research suggests that the act of writing by hand can enhance memory and information retention compared to typing, as the brain is more actively engaged in the process.
Less engagement with text: Typing can feel more passive than writing with a pen, potentially leading to less thoughtful engagement with the material.
Potential for overreliance on AI: If students become too reliant on AI writing tools to generate text, they might neglect to develop their writing skills, including grammar, vocabulary, and critical thinking.
AI can also have positive impacts on pen writing – These are presentations and conclusions made by AI responses and reactions:
Accessibility tools: AI-powered pens can provide real-time feedback on handwriting, helping individuals with dysgraphia or learning disabilities improve their writing skills.
Personalized learning: AI can analyze writing patterns and provide tailored practice exercises to address individual weaknesses.
Creative writing support: AI can assist with brainstorming ideas and generating creative writing prompts, potentially stimulating more engagement with pen-and-paper writing.
Building Infrastructure is not Always the Drive to Regional Integration and Trade Development Between Neighboring and Peripheral States.
Here is a Case Study of Countries of the South with Divergent Interests and Diversified Geo-trade Aims along with Regional Ambitions that can create Multiple Hurdles for Development.
The Zangazur Corridor a project of roads to connect Azerbaijan to its Nakhchivan exclave, passes through Armenia’s southern Syunik region, while is supported by Russia, it is seen as a threat by their ally, Iran. Tehran considers the Zangazur Corridor a project aiming to divert and disrupt its trade routes and neutralize the corresponding geopolitical and regional impact.
The Zangazur Corridor is a proposed transport route connecting mainland Azerbaijan to its Nakhchivan enclave, passing through Armenia’s southern Syunik region.
The Zangezur corridor[a] (Armenian: Զանգեզուրի միջանցք, romanized: Zangezuri mijantsk; Azerbaijani: Zəngəzur dəhlizi) is a concept for a transport corridor[9][10] which, if implemented, would give Azerbaijan unimpeded access to Nakhchivan Autonomous Republic without Armenian checkpoints[11][12] via Armenia’s Syunik Province[13] and, in a broad sense, for the geopolitical corridor[14] that would connect Turkey to the rest of the Turkic world thereby “uniting it”.[15][16] The concept was not part of the 2020 Nagorno-Karabakh ceasefire agreement but was introduced to the geopolitical lexicon later by Ilham Aliyev.[17] It has since been promoted by Azerbaijan and Turkey,[18] while Armenia has steadily objected to it, asserting that “corridor logic” deviates from the ceasefire statement, and that it is a form of propaganda.[19]
The terminology, the potential routes, and the modes of transport connections have since been points of contention between Azerbaijan and Armenia, which have still maintaining a mutual blockade since 1989.[b] Azerbaijan has initiated construction projects on its territory presenting them as part of the implementation of a so-called “Zangezur corridor” and threatening that should Armenia not want it, Azerbaijan “will decide it by force”.[21]
During 2021 trilateral talks, Armenia expressed willingness to participate in rebuilding the Soviet-era railway links historically connecting Azerbaijan and Nakhichevan, which Azerbaijan interpreted as Armenian consent to the “Zangezur corridor”. According to Russia, the third party, what is being discussed is unblocking regional communications, and not creating a “corridor”.[22] [23]
To better apprehend what is at stake in the project of the Zangazur Corridor, here are insights presented by Razi Nurullayev who is a Member of the Parliament of Azerbaijan and has not only knowledge but practical intelligence about the various elements intricating and imbricating within these regional reactions and positions taken or identified in this infrastructural project that in other circumstances is considered as the right orientation and decision to build the foundations of regional and inter-nations cohesion, complementarity and integration.
It seems as we say in Islamic Countries: “Haramoun Alikoum Wa Hallal Aliya.”
The Zangazur Corridor is a proposed transport route connecting mainland Azerbaijan to its Nakhchivan exclave, passing through Armenia’s southern Syunik region. This corridor is part of a broader regional infrastructure plan following the 2020 Karabakh war, with Azerbaijan advocating for its development under agreements brokered by Russia.
Lately, Russia has demonstrated support for the Zangazur Corridor, seeing it as a way to boost regional connectivity, solidify its influence in the South Caucasus, and diversify its transport routes due to the imposed Western sanctions. Moscow views this corridor as a strategic link between Europe and Asia, as do Azerbaijan and Turkey, aligning it with their geopolitical and economic interests.
An Azerbaijani national flag flies next to the medieval Khudaferin bridge in Jebrayil district at the country’s border with Iran – the territories recaptured from Armenian forces in fierce clashes over the disputed Nagorno-Karabakh region, December 2020 (AFP)
However, Iran is vehemently opposed to the project. Tehran sees the corridor as threatening its regional influence, fearing it could cut off direct land access to Armenia and disrupt its trade routes. Additionally, Iran worries about increasing Turkish and Azerbaijani influence in the region, which could shift the balance of power along its northern borders. This was probably the case because Iran agreed to a transit route connecting western Azerbaijan with its exclave of Nakhchivan through Iran via a bridge over the Aras that connects the two countries.
This geopolitical tug-of-war underscores the complex dynamics, as regional powers vie for influence in the Caucasus, with the Zangazur Corridor at the heart of the dispute. In this dispute, Armenia is a stubborn neighbor working for its harm. It must overcome its anger and try to abate hostility against this project.
On the other hand, Armenia’s opposition to the Zangazur Corridor could be a strategic mistake. The corridor presents a unique regional connectivity and economic growth opportunity, potentially turning Armenia into a key transit hub between Europe and Asia. Blocking it may isolate Armenia further and deepen economic challenges while Azerbaijan and Turkey strengthen their positions. Instead of resisting, Armenia could benefit from engaging in dialogue and leveraging the corridor for its advantage.
Hopefully, Armenia will be able to reestimate the advantage of the Zangazur project for the whole region.
Said Cherkaoui Ph.D. – Said El Mansour Cherkaoui Ph.D. – 9 17 24 –
On Tuesday 10, 2024, Nike shareholders voted against a proposal to consider joining binding agreements with supply chain workers to better address human rights issues in high-risk countries at its annual meeting. The proposal was presented by an investor group led by Domini Impact Equity Fund, consolidated by more than 60 investors to sign a letter last year urging Nike to pay $2.2 million in allegedly unpaid wages to some 4,000 garment workers in Cambodia and Thailand.
A similar petition, led by investor Tulipshare, was put forward for a second year in a row urging the company to assess the effectiveness of its supply chain management, including looking into forced labor and wage theft-related concerns.
Shareholders also voted against the proposal on Tuesday. Last year, the same was rejected by nearly 80% of the investors who had voted.
Nike’s board had recommended that shareholders vote against both the proposals. The company said it has established robust controls to identify and address labor issues throughout its supply chain. … Read more
Nike shareholders recently rejected two proposals to improve workers’ rights in high-risk countries. The first proposal sought to push Nike into binding agreements with supply chain workers to address human rights issues. The second proposal, called for Nike to assess the effectiveness of its supply chain management regarding forced labor and wage theft concerns.
Despite support from some shareholders, including Norway’s wealth fund, both proposals were rejected, aligning with Nike’s board’s recommendations.
But don’t worry, the shareholders did approve executive compensation, with CEO John Donahoe receiving $29.2 million for 2024.
In light of this news, I find Nike’s latest sustainability report and the statements in it particularly ironic, especially the ones about being a value-driven company that puts people first. They just put some people first.
By Julia Vol – Photo source: Nike social responsibility report 2023.
‘Nike Uncool’ The Man Who Made Nike Uncool : The Donahoe Dip Nike lost its swagger : Does the store carry any Nikes? “Not at the moment,”
Nike products accounted for roughly 75% of Foot Locker’s total purchases. That dropped to 70% in 2021, then below 60% in 2022. Foot Locker sales slumped as the pullback accelerated, so Johnson filled the void with New Balances, Pumas, Reeboks and Timberlands. Heck, why not more Crocs? “Ultimately, our team is working hard to make sure that we grow all brands, right?”
easier to jump to a competitor—Adidas, Hoka, Mizuno, On and Under Armour had all opened hubs in Portland to attract talent, either from Nike or fresh out of the specialized sports product programs at the University of Oregon. Nike was losing some of its top footwear designers.
“Panda Dunks” one attendee on a video later posted on TikTok, summarizing the collective sentiment “They are now becoming overrated, and we need to cancel them” “NO Limited Exclusive” Donahoe flooded the market with sneakers shoppers couldn’t get enough of. Nike released more Dunks, Air Force 1s and Air Jordan 1s—models all developed around 40 years ago—in hundreds of colors, with new drops almost daily
Mark Parker Nike produced some of its biggest advances, including the Flyknit manufacturing technology and HyperAdapt 1.0 self-lacing shoes : CEO John Donahoe led a corporate culling on a global scale, ending relationships with more than half of his retail partners, terminating hundreds of agreements and downsizing sales teams in markets around the world.
As Nike directed customers to its own stores and websites, it halted the flow of sneakers to retailers including Amazon, Zappos, Dillard’s and Urban Outfitters, and even curtailed goods at its closest partner in the US, Foot Locker : pace of product development slowed as Donahoe took fewer risks on performance-oriented shoe lines across sports. By mid-2023, it was becoming apparent that Dunks and the other reliable lifestyle winners were losing their allure, and Nike had nothing to replace them
“I have fired so many people in my career. And when I say fired, remember, I grew up at Bain. For every 10 people we hired, we managed half out within two years. We managed 75% out within five. …
So I learned there, and you can’t be afraid of that conversation” He explained how he’d role-play with the head of human resources and make sure the person being fired didn’t get to discuss it with him
“I’m going to let you process the grief and emotion with someone else, not with me, because I can’t afford the emotional energy—the emotional drain” Among those laid off were more than 30 software engineering directors and managers from the global tech division
Scott Sutherland
CEO of shoe company gets paid $29 MILLION dollars to create shoes fewer people are interested in wearing, while the company continues to get to socialize its environmental and social impact to the rest of us.
So much of this boils down to 5th grade issues. Many of us are not having children because it simply costs too much and our climate is being so destabilized by those who are just lining their pockets for their own short-term gain, that the prospect seems too risky.
All of this is tied to the resentment on the political right and left. We need an economy that’s fair. With basic legal guardrails we can get there. It doesn’t have to be this way, we can have nice things.
This is a presentation of the relationship of China with Africa depicting several years of interactions that had been developed through indirect and direct investments and technical support provided to the African States by Chinese companies and engineers.
China has mastered the means and ways to offer services to African governments by becoming the model for the construction of large products that include infrastructure, urbanization, rehabilitation of regions and areas for the development of new logistical and transportation systems, and the distribution of energy, water, and other sources to supply cities and rural zones, including agriculture, building new offices and modernization of administrative and governmental offices.
In parallel to the modernization, the African States need, China has provided the financial leverage and resources for such projects. These complementary drives toward financing and realizing the projects gave China the upper hand in demonstrating its abilities to initiate, develop, and achieve the project without any interference or support from other nations. This kind of prominence has also made China to be trusted as the provider of services that will be completed in good condition with good standing. Read more here:
Angola Model and China Quest for Oil and the Shift of China From Southwest Africa to the Middle East
Concerns are growing in the US and other countries regarding economic cooperation between China and Africa including the so-called “debt trap,” in which China increases its influence by extending excessive loans to developing countries. Angola and Angola Model is frequently used as a case of such debt trap based on the extraction of natural resources or supply of energetic and strategic minerals by African nations in exchange for loans provided by China State and Financial Institutions.
Angola’s long-running financial relationship with China has been built on a simple equation: Angola would repay its growing Chinese debt with oil. This strategy became known as the Angola Model.
Since 2002, Angola has borrowed more than $45 billion from China, more than half of that going into its energy sector. More than a decade ago, Angola was China’s No. 2 source of crude oil. China receives nearly 72% of Angola’s oil exports, making it Angola’s largest oil importer.
According to a report from the Carnegie Endowment for International Peace: “In 2010, Angola was the world’s second-largest exporter of oil to China, after Saudi Arabia. But it has fallen down the list as Beijing has increasingly turned to the Arab states of the Gulf Cooperation Council, Russia, and other Asian countries.
However, the beginning of the end when between 2019 and 2023, Angola’s oil production fell 22% from 1.42 million barrels per day to 1.1 million barrels per day. The subsequent drop in business is straining Angola’s ability to keep up with its Chinese debt. As oil revenues have declined, by 2023, Angola had been bumped to number eight on this ranking of oil suppliers to China.” China receives nearly 72% of Angola’s oil exports, making it Angola’s largest oil importer. However, the recent drop in business is straining Angola’s ability to keep up with its Chinese debt. Since 2002, Angola has borrowed more than $45 billion from China, more than half of that going into its energy sector, according to Boston University.
Angola still owes Chinese lenders $17 billion. Chinese loans constitute about 40% of Angola’s total debt. Overall, debt payments consume about half of Angola’s national budget every year, placing it among African countries most vulnerable to a potential debt crisis, according to international credit rating agency S&P Global.
As oil revenues have declined, Angola has been forced to cover interest payments on its debt by tapping into a Chinese-held $1.5 billion escrow fund that was mandated as part of its loans. As China Buys Less Oil, as China has begun importing less oil from Angola and other African nations and more from Russia, the Persian Gulf, and Asia, Angola Struggles To Repay Debt.
Chinese lenders gave Angola a three-year reprieve on loan payments that ended in 2023 — just as Angola’s economy took a downturn. As oil revenues have declined, Angola has been forced to cover interest payments on its debt by tapping into a Chinese-held $1.5 billion escrow fund that was mandated as part of its loans. This year’s debt payment to Chinese leaders is estimated at $10.1 billion.
Angola recently left OPEC, the cartel of oil-producing countries, after a dispute over quotas. Angolan authorities hope that step will encourage more direct investment by China and other countries in its oil sector. In the meantime, the country’s leaders are trying to diversify their economy to reduce the impact of fluctuating oil prices.
This shift has been driven, in part, by African countries’ lack of investment in new oilfields and infrastructure. Aging equipment and shrinking oilfields make the continent’s oil producers, including Angola, less reliable as exporters, according to researchers with the Carnegie Endowment for International Peace.
When the Missionaries arrived, the Africans had the Land and the Missionaries had the Bible. They taught us how to pray with our eyes closed. When we opened them, they had the land and we had the Bible. – Jomo Kenyatta
This publication has up to today 8/2/2024: 2,683 impressions and it keeps going up up up …
In the present article, we will emphasize the reasons for the setback experienced by the restructuring and rescheduling of Zambia’s External Debt and how even with the twist of events and alliances other projects such as the Liboto Corridor Project can become a double edge sword with 2 sharp sides and even to be transformed in the Sword of Damocles put on the top of the Zambia Head.
In the case of Lobito investment, China holds the primary role, and in Central Africa and Sahel, Russia with the military power making Africa more tuned toward a nationalistic approach for its development and using colonialism and neo-colonialism as the reason for changing the rulers by new military militants instead the legation of the western countries.
The Lobito Atlantic Railway project, covering Angola, the Democratic Republic of Congo (DRC), and Zambia, is a significant infrastructure initiative. Led by the United States, the project aims to enhance logistical infrastructure in southern Africa. However, Chinese state-owned enterprises and private companies already dominate critical mineral supply chains (such as copper and cobalt) needed for electric vehicle components.
And there are countries with worrying amounts of Chinese debt. In Djibouti, China holds 77% of the national debt, while Zambia’s $6.4 billion in Chinese loans represents the lion’s share of its commitments. A spokesperson for China’s Ministry of Foreign Affairs (MOFA) told CNN via email that China has paid “high attention” to the African debt situation, and is dedicated to “sustainable development.”
United States – Angola: Rejevunating Courting Relationship
Press Release: Corporate Council on Africa announces Angola as host of the 2025 U.S.-Africa Business Summit
Washington, D.C. – September 6, 2024 – The Corporate Council on Africa (CCA) has the high honor of announcing that the Government of the Republic of Angola will host the 17th U.S.-Africa Business Summit in 2025 in the city of Luanda, Angola.
Following a meeting of CCA leadership with His Excellency João Lourenço, President of the Republic of Angola during the May 2024 U.S.-Africa Business Summit in Dallas, Texas, a Memorandum of Understanding (MOA) was developed and was signed today in Washington, DC by H.E. Mr. Agostinho Van-Dunem, Ambassador of the Republic of Angola to the United States and Ms. Florizelle (Florie) Liser, President and CEO of CCA to officially mark this important collaboration.
The U.S.-Africa Business Summit is recognized as one of the most important business platforms that annually brings together African Heads of State and key Ministers, U.S. Cabinet officials and heads of major agencies, and CEOs and senior executives of U.S. and African companies to foster investment, trade, and commercial collaboration.
The 2025 Summit marks a significant milestone as Angola celebrates the 50th anniversary of its national independence and assumes the Chairmanship of the African Union (AU). Thus, co-organizing and hosting the U.S.-Africa Business Summit during such a momentous year underscores Angola’s firm commitment to promoting a new phase in as well as strengthening economic ties between Africa and the United States. Angola’s selection as the host country is a testament to its remarkable progress and potential as a key player in the African economy.
The Summit will showcase Angola’s diverse industries but will be continental in focus highlighting business and investment opportunities across the African continent in a range of sectors from energy and infrastructure to agriculture and technology, creative economy, manufacturing to digital economy and health.”We are delighted to bring the U.S.-Africa Business Summit to Angola in the Summer of 2025,” said Florie Liser, President and CEO of the Corporate Council on Africa.
“This year’s Summit promises to be a landmark event, highlighting not only Angola’s economic potential and strategic importance as a leader in Africa, but recognizing the African continent’s increasing importance as a strategic economic, trade, and business partner of the U.S. Government and private sector.”
The 2025 Summit will be a crucial opportunity to identify effective and sustainable solutions to diversify the African economy and to increase trade, investment, and business in sectors with a high impact on the lives of African and American people, enterprises, workers, and consumers.
Participants will engage in high-level discussions on the critical issues and challenges, key sectors, and opportunities impacting the U.S.-Africa trade and investment relationship as well as sign deals and advance new business ventures and commercial partnerships that will drive economic growth and development both in the United States and Africa.
The 2025 U.S.-Africa Business Summit is expected to attract over 1,500 attendees, including African Heads of State, senior U.S. Government officials, CEOs, investors, and entrepreneurs. The event will feature plenary sessions, panel discussions, investment pitch sessions, networking opportunities, and an exhibition showcasing innovative products and services.
China and the Middle East’s Economic Weight in the Balance of Multipolarism
The turning point for the loss of acceptance of the United States in the Arab World was the impact of October 7, 2023, which is a reminder of October 1973 and the shaking relation of the West in the Arab World. The recent decline in the United States’ standing in the Arab Middle East and China’s growing influence indeed have significant implications. A new public opinion survey reveals that Arab citizens’ views of the United States have sharply declined due to its support for Israel during the conflict in Gaza. China, surprisingly, emerges as the main beneficiary in the region.
Jun 11, 2024 — … United States, too. Because of the war in Gaza, Arab public opinion has turned sharply against Israel’s staunchest ally, the United States a …
China’s gains in the Middle East erupted from capitalizing on the Gaza War, reaping diplomatic rewards with minimal investment. China’s humanitarian aid, high-level visits, and rhetorical support for the Palestinians are paying off. China’s benefits extend beyond the Middle East to Southeast Asia. Public approval of the U.S. among Muslim-majority populations in Southeast Asia has also fallen sharply and Gaza has become the focus for now. Global perceptions of the U.S. used to be considered by U.S. political decision-makers, but today’s intense political polarization hinders such concerns.
According to the Western side of the stories on the Middle East, the longer the Gaza conflict persists, the more China’s standing grows in the Middle East and the Global South. In this complex geopolitical landscape, the balance of power is shifting, and China is strategically leveraging opportunities.
China’s Road to Ryad Passes by the Belt and Road Initiative
The New Silk Road is a collection of infrastructure and investment projects that connect China to other parts of the world. The BRI is made up of two parts: the Silk Road Economic Belt and the 21st Century Maritime Silk Road.
The Silk Road Economic Belt is a network of roads, railways, and pipelines that connects China to Europe, Central Asia, Russia, South Asia, and Southeast Asia. The 21st Century Maritime Silk Road is a network of sea routes that connects China to Southeast Asia, South Asia, the Middle East, Eastern Africa, the South Pacific, and Europe.
Chinese premier to promote development strategies alignment, enhance ties with Saudi Arabia
Updated: September 11, 2024 13:48 Xinhua
China as Pelerin – Pilgrim in the Land of the Prophets: The Middle East
RIYADH, Sept. 11 — Chinese Premier Li Qiang arrived here Tuesday for the Fourth Meeting of the High-Level Chinese-Saudi Joint Committee and an official visit to Saudi Arabia at the invitation of Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud.
Upon arriving at Riyadh’s King Khalid International Airport, Li expressed his hope for both sides to further strengthen the alignment of their development strategies and elevate bilateral ties to a higher level.
Jon Alterman testified before the U.S.-China Economic and Security Review Commission about China’s diplomatic engagement with the Middle East and the country’s efforts to shape a new world order.
China Seeks Strategic Partnership in the Middle East
China’s growing influence in the Middle East is a significant geopolitical development. Its economic ties, energy security interests, and diplomatic engagement have deepened in recent years.
Key Aspects of China’s Middle East Policy
China is a major importer of oil and gas from the region, and its economic investments through initiatives like the Belt and Road Initiative (BRI) have expanded significantly.
The Middle East remains a crucial energy source for all Western economies and China is positioning itself in the same time, ensuring its economic growth and development.
China is a major trading partner and investor in the region, particularly in Saudi Arabia and the UAE. The Middle East is a crucial source of energy for China, and its relationship with Saudi Arabia is primarily driven by energy interests.
China seeks to position itself as a strategic partner to Middle Eastern countries, offering an alternative to the United States.
Saudi Arabia has opted not to renew its 50-year petrodollar agreement with the United States, which expired on June 9, 2024.
The move allows Saudi Arabia to sell oil in multiple currencies, including the Chinese RMB, euro, yen and yuan, potentially accelerating the global shift away from the US dollar.
Saudi Arabia’s decision to sell oil in multiple currencies, including the Chinese RMB, euro, yen and yuan, signals a sea change in the dynamics of global energy trade.
The move challenges the US dollar’s long-standing dominance in the oil market, reflecting Saudi Arabia’s growing economic ties with China and Russia.
🔸️The Newsweek article “Sphere of Influence” discusses Saudi Arabia’s expanding influence in the Middle East and its global impact. It highlights how Saudi Arabia uses its economic and political power to promote regional stability and its global standing.
🔸️The article emphasizes Saudi Arabia’s balanced diplomacy, strong relationships with Moscow and Beijing, and its role in shaping regional and international geopolitics. It also covers strategies for building alliances and enhancing its influence in major international issues.
🔸️The article sheds light on how Saudi Arabia addresses regional and international challenges to achieve its strategic goals and its growing role in global affairs.
China Puzzled by U.S. Trade Economics and Politics System, Trade-wise, The four years witnessed escalating trade tensions culminating in a trade war and sanctions on Chinese technology companies. Since Biden’s election, political and business stakeholders have been paying close attention to the direction of the new White House administration’s policy toward China … Continue Reading
Collage made by Said El Mansour Cherkaoui tracing the USA-China relation since the Presidency of Donald Trump that we consider as the opening of a New Chapter that we are still reading up to now Global Risk Analysis Said El Mansour Cherkaoui Ph.D. ★ Strategic Catalyst Driving U.S.-Morocco-Africa Investment, Trade, and Business Development ★ Senior … Continue reading
China has sought to maintain neutral relationships with all Middle Eastern countries, avoiding direct involvement in regional conflicts.
China’s growing presence in the Middle East has led to increased competition with the United States and other Western powers. The Middle East region’s ongoing conflicts and political turmoil pose significant challenges to China’s interests.
China’s relationship with the Middle East is complex and multifaceted. As the Middle East continues to evolve, China’s role will likely become even more significant. Understanding these dynamics is crucial for comprehending the shifting geopolitical landscape.
China seeks to position itself as a strategic partner to Middle Eastern countries, offering an alternative to the United States. Regional instability, human rights concerns, and competition with the United States pose challenges to China’s engagement.
A strong economic and energy relationship between Saudi Arabia and China plays a role in infrastructure development and security.
On the other side, China is maintaining a complex relationship with the Gulf States, with Dubai focusing on trade and Abu Dhabi on security. The UAE seeks to balance its relationships with the United States, China, and Russia.
The China-Iran relationship is a strategic partnership driven by shared interests in challenging the U.S.-led global order. However, Iran’s economic dependence on China limits its leverage.
A growing relationship with Israel, given that China is seeking Israeli expertise and technology. However, recent tensions over the Israeli-Palestinian conflict have strained the relationship.
China’s Middle East Strategic Diplomatic and Economic Strategies
China seeks to undermine the U.S.-led global order and promote a more multipolar world. Overall, China’s engagement in the Middle East is multifaceted and strategic. While its economic influence is significant, its ability to shape regional politics is limited by the region’s complexities and the ongoing competition with the United States. China generally avoids direct involvement in regional conflicts, preferring to maintain neutrality. China focuses on economic cooperation and infrastructure development as its primary tools of influence.
TRI CONSULTING KYOTO TRI CK USA – Said El Mansour Cherkaoui Ph.D. ★ Strategic Catalyst Driving U.S.-Morocco-Africa Investment, Trade, and Business Development ★ Senior Policy Adviser in International Affairs ★ Accomplished Public Speaker ★ Distinguished News Executive Editor ★ The recent decline in the United States’ standing in the Arab world and China’s growing influence indeed has significant implications. Let’s break down … Continue reading
Noting the longstanding traditional friendship between China and Saudi Arabia, Li said that since the establishment of diplomatic relations 34 years ago, bilateral relations have achieved leapfrog development through joint efforts, yielding fruitful results in practical cooperation.
During his stay, Li will engage in in-depth discussions with the Saudi crown prince and prime minister on bilateral relations and other issues of common concern to strengthen friendship and expand cooperation.
In December 2022, Chinese President Xi Jinping attended the first China-Arab States Summit and the first China-Gulf Cooperation Council (GCC) Summit and paid a state visit to Saudi Arabia, said Li.
For over a year, both sides have actively implemented the key outcomes of the summits, continuously strengthening political mutual trust, steadily advancing exchanges and cooperation in various fields, maintaining close communication and coordination on regional and international affairs, and continuously enhancing the China-Saudi Arabia comprehensive strategic partnership, the Chinese premier said.
Li also expressed his expectation that the visit would further expand mutually beneficial cooperation in various fields, deepen the friendship between the two peoples, and foster greater progress in China-GCC and China-Arab relations.
“The practical cooperation between Saudi Arabia and China is characterized by its comprehensiveness and strategic nature,” said Ibrahim Al-Shammari, research director of Riyadh Center for Political and Strategic Studies.
Al-Shammari said Saudi Arabia and China are driving the development of their economic and trade relations through major initiatives such as the Belt and Road Initiative, which aligns with the Saudi Vision 2030.
Li’s visit to Saudi Arabia sends a strong signal that the two countries will continue to strengthen strategic cooperation in various fields, which demonstrates the importance both sides attach to their strategic partnership and the willingness to deepen practical cooperation, Al-Shammari added.
Saudi Arabia is the first leg of Li’s four-day visit to the Middle East, which will also take him to the United Arab Emirates.
Saudi Arabia’s strategy as it looks beyond its traditional Western partners and deepens its relationship with China. For Saudi Arabia, China represents not only a vital trading partner but also a source of technological and cultural exchange. The influx of Chinese language teachers and tourists, along with major financial agreements, signals that this partnership is only set to grow.
“By strengthening bilateral ties with China, the ADS agreement opens doors for economic development across sectors, benefiting both nations,” Abdulrahman Ahmad Al-Harbi, Saudi Arabia’s Ambassador to China stated in June.
Saudi Arabia has ambitious tourism goals, with the government aiming for 70 million international visitors by the end of the decade. In 2023, 27 million international tourists visited Saudi Arabia, many for religious purposes. However, the kingdom is rapidly expanding its leisure offerings, with projects such as the Red Sea Project leading the way.
For China, Saudi Arabia offers a stable and rapidly developing market. The kingdom’s young population is increasingly tech-savvy and eager to engage in international commerce, presenting opportunities for Chinese companies like Huawei, which are looking to expand in the Middle East.
At the same time, these developments are reshaping the region’s geopolitical landscape. Saudi Arabia’s partnership with China represents a realignment of its global alliances, one that reflects a broader trend of Eastern economies taking on more prominent roles in global affairs. This growing cooperation is part of a larger shift that could redefine trade, business, and cultural exchanges in the region.
Ultimately, deepening ties between China and Saudi Arabia will present major new opportunities for luxury and lifestyle brands. As tourism and business collaborations expand, brands that cater to both markets can tap into the growing demand for high-end experiences and products.
With an influx of Chinese tourists and the rise of e-commerce among Saudi Arabia’s young, tech-savvy population, luxury brands have a prime opportunity to position themselves and benefit immensely from this evolving landscape.
Summary of the UNCTAD’s World Investment Report 2023
Investment flows to Africa dropped to $45 billion in 2022
07/11/2023 – Foreign direct investment: the increase in 2022 in developing countries does not benefit Africa
07/06/2023 – Africa: foreign direct investment flows fell by 44% in 2022 (UNCTAD)
06/14/2023 – Chinese direct investment in Africa totaled $3.4 billion in 2022
The report also indicates that the African continent received foreign investments totaling $52.63 billion in 2023, down 3% from 2022.
In terms of cumulative FDI stocks, the main economies investing in Africa are the Netherlands, France, the United States, the United Kingdom, and China.
Globally, FDI declined by 2% over the past year to $1.3 trillion. This decline is due to increased trade and geopolitical tensions in the context of a slowdown in the global economy.
For 2024, UNCTAD notes that the outlook for FDI remains challenging in 2024. However “modest growth for the year as a whole seems possible”, citing factors such as easing financial conditions and concerted efforts to facilitate investment.
According to UNCTAD’s World Investment Report 2023, international project finance deals targeting Africa showed a decline of 47% in value.
UNCTAD’sWorld Investment Report 2023 published on 5 July shows that foreign direct investment (FDI) flows to Africa declined to $45 billion in 2022 from the record $80 billion set in 2021. They accounted for 3.5% of global FDI.
The number of greenfield project announcements rose by 39% to 766. Six of the top 15 greenfield investment megaprojects (those worth more than $10 billion) announced in 2022 were in Africa.
In North Africa, Egypt saw FDI more than double to $11 billion as a result of increased cross-border merger and acquisition (M&A) sales.
Announced greenfield projects more than doubled in number, to 161. International project finance deals rose in value by two-thirds, to $24 billion. Flows to Morocco decreased slightly, by 6%, to $2.1 billion.
In West Africa, Nigeria saw FDI flows turn negative to -$187 million as a result of equity divestments. Announced greenfield projects, however, rose by 24% to $2 billion. Flows to Senegal remained flat at $2.6 billion. FDI flows to Ghana fell by 39% to $1.5 billion.
In East Africa, flows to Ethiopia decreased by 14% to $3.7 billion; the country remained the second-largest FDI recipient on the continent. FDI to Uganda grew by 39% to $1.5 billion on investment in extractive industries. FDI to Tanzania increased by 8% to $1.1 billion.
In Central Africa, FDI in the Democratic Republic of the Congo remained flat at $1.8 billion, with investment sustained by flows to offshore oil fields and mining.
In Southern Africa, flows returned to prior levels after the anomalous peak in 2021 caused by a large corporate reconfiguration in South Africa. FDI in South Africa was $9 billion – well below the 2021 level but double the average of the last decade. Cross-border M&A sales in the country reached $4.8 billion from $280 million in 2021. In Zambia, after two years of negative values, FDI rose to $116 million.
Four regional economic groupings see growth
Over the past five years, FDI inflows have risen in four of the regional economic groupings on the continent.
FDI in the Common Market for Eastern and Southern Africa grew by 14% to $22 billion. Flows rose also in the Southern African Development Community (quadrupling, to $10 billion), the West African Economic and Monetary Union (doubling, to $5.2 billion), and the East African Community (up 9%, to $3.8 billion).
Intraregional investment remained relatively small, despite an increase over the past five years. In 2022, intraregional greenfield project announcements represented 15% of all projects in Africa (2% in terms of value), as compared with 13% (2% in value) in 2017.
However, looking at announced projects invested in by only African multinational enterprises, three-quarters of their value remained on the continent.
In 2022, the biggest increase in announced greenfield projects was in energy and gas supply (to $120 billion from $24 billion in 2021). Project values in construction and extractive industries also rose, to $24 billion and $21 billion, respectively. The information and communication sector registered the highest number of projects.
International project finance deals targeting Africa showed a decline of 47% in value ($74 billion, down from $140 billion in 2021) but a 15% increase in project numbers, to 157.
European investors remain, by far, the largest holders of FDI stock in Africa, led by the United Kingdom ($60 billion), France ($54 billion) and the Netherlands ($54 billion).
The report highlights that the flow of foreign direct investment to Africa decreased by 3% over the past year to less than $53 billion.
Egypt is the African country that attracted the most foreign direct investment (FDI) in 2023, according to a report published on Thursday, June 20, 2024, by the United Nations Conference on Trade and Development (UNCTAD).
Entitled “World Investment Report 2024”, this report specifies that this North African country attracted FDI flows of $9.84 billion, despite declining mergers and acquisitions compared to the peaks reached in 2022.
The most populous country in the Arab world is followed by South Africa ($5.23 billion), Ethiopia ($3.26 billion), Uganda ($2.88 billion), Senegal ($2.64 billion), Mozambique ($2.50 billion), Namibia ($2.34 billion) and Nigeria ($1.87 billion). Côte d’Ivoire closes the top 10 with FDI flows of $1.75 billion in 2023.
Listing of 20 African countries with the most FDI in 2023
It has been 50 years and more that we carry this message and these words in our memory and belief to such an extent that when I crossed the borders of this world, I was asked:
Sir, do you have values to declare?
How did a smart South African pilot answer:
I always thought of his pertinent answer:
“Nothing in the hands, nothing in the briefcase, nothing in the bag, nothing in the pockets, everything in the head.”
My value as one of my Moroccan maternal cousins wrote, it is found in “La Mémoire Tatouée” and in “Le Passé Simple” of another native of our hometown as well as of the liberating activist of African consciences from Overseas in Algeria still Colonized for which members of my own family contributed in its liberation.
These values inherited and transmitted here above and here is a link that can illuminate one of its sources, a group that I lead on Facebook
Cela fait 50 ans et plus que nous portons ce message et ces paroles dans notre mémoire et croyance a tel point que lorsque je traversais les frontières de ce monde, on me demandait:
Mr. est ce vous avez des valeurs a déclarer?
Comment répondait un pilote d’avion malin de l’Afrique du Sud:
Je pensais toujours a sa réponse pertinente:
“Rien dans les mains, rien dans le cartable-porte documents, rien dans la sacoche, rien dans les poches, tout dans la tete.”
Ma valeur comme écrivait un de mes cousins maternels marocains, elle se trouve dans “La Mémoire Tatouée” et dans “Le Passé Simple” d’un autre natif de notre ville natale ainsi que du militant libérateur des consciences africaines d’Outre-Mer en Algérie encore Colonisée pour laquelle membres de ma propre famille ont contribué dans sa libération.
Ces valeurs héritées et transmises ici haut et voila un lien qui peut éclairer une de ses sources, un groupe que je diriges a Facebook
TRI CONSULTING KYOTO TRI CK USA – USA-MOROCCO – 2004-2024 – Said El Mansour Cherkaoui COLLECTION OF SAID EL MANSOUR CHERKAOUI PUBLICATIONS ON THE RELATIONSHIPS OF THE UNITED STATES OF AMERICA WITH THE KINGDOM OF MOROCCO Updated on 7/24/2024 to Celebrate 20 years of Commitment and Work by Dr. Said El Mansour working on the relationship between the United States of America … Continue reading USA-MOROCCO – 2004-2024 – Said El Mansour Cherkaoui
This article is blatant proof that some managers working to promote Morocco, such as within the Morocco Now Campaign at the international level trying to present its existing potential, skills, and opportunities for the sake of attracting foreign companies, foreign investors, and foreign academic or social institutions. Morocco spends millions to build an image of excellence in attractivity and attractiveness hoping such foreign capital will help reduce unemployment, increase job creation, transfer know-how, and raise the standard of living of citizens.
Imagine then that all its laudable efforts do not take the expected direction nor are carried by competent officials and seasoned and experienced professionals in corresponding areas of Marketing, brand definition, and the strategic enhancement of Morocco’s position on the international scene.
The expectations of the Moroccan State are legitimate given that the expenses that are made at the international level are heavy in sum and impact the returns received by Morocco. Payments paid by Morocco for the services of foreign companies of Public Relations, International Marketing, and Consulting Firms are made with rates applied on the spot and in addition, are made in the national currency of the country where these companies offer their services. A direct impact on the balance of payments and the convertibility rate of the Dirham may result from these payment transfers.
Considering all these issues, the imperatives and the challenges facing Morocco at the global level are first the multiple repercussions at the intangible and material level. Building the foundations of economic development and growth in the liberal sense seeks foreign participation as the conduit toward integration in the global marketplace and to the network of foreign financial institutions. Within such a frame, it is quite normal to have a top-level decision-maker for such international communication and PR about Morocco. They have to be up to the task and know the international terrain that will enable them to sail the vessel Made in Morocco and Morocco Now as Innovative and efficient Leaders on board, knowing effectively the direction and the objective – the destination of all these maneuvers to make this Moroccan vessel arrive safely and to make it a proof of the prowess and the skill and the potentialities that can challenge its competitors as well as organizations of all kinds potentially interested in Morocco as a commercial partner, as a production or investment location or as a destination to visit and to know at the cultural and social levels.
Welcome to Times Square Si Karim Basrire – Tu serais le bienvenu a Si Karim, tu devrais nous rendre visite en Californie et je parles sérieux comme toutes les fois que je m’adresse à toi.
The video should have included more pictures of Morocco infrastructures and landscapes for most of Americans & NewYorkers Morocco is just “ Desert & Camels “ your Marketing team should address that and create a real wakeup ring ! for investors you should sponsor ads on bloomberg , cnbc and other major outlets in the US during key shows / talks 😉 its lot of money but if you r good u can bring more 👏🏻👏🏻👏🏻 Like 8
Some feedback for design. We can’t recognize easly that is Morocco Now, The logo, and brand name is a bit too small and on the edge, it is too low key and people don’t know Morocco Now.
May 15, 2023 Said El Mansour Cherkaoui – Think out of the Box, Le Maroc Engage des Boites Extérieures pour une Modernisation Subcapitaliste et Développement Extraverti Promotion des investissements : stratégies et outils de mise en œuvrePromouvoir les investissements exige une stratégie transparente et bien définie Une stratégie de promotion des investissements indique ce qu’il faut promouvoir (à savoir des secteurs, pays, projets … Lire la suite de
All the Business Stars and Banks Glorified by Forbes Magazine on its Cover Page and by the Top Public Relation Firms in their Sensational Articles and Medium have Turned Out to be Scammers, Schemers, Swindlers, and Thieves No More, No Less
OLD STYLE RECIPES of PUBLIC RELATION for ELITES and POLITIBRITIES with no DECOR, no SCRIPT, no INTERNATIONAL SCENE, and STAR STATUS RECOGNITION
Morocco is fast becoming one of the best-emerging markets for investment. Over the last decade, Morocco has witnessed an accelerated process of political, economic, and social reforms, and its steady economic growth and strategic geographic position make it an investment opportunity well worth considering.
Mascarade of the Moroccan Reality – Mascarade de la Réalité Marocaine
All these rankings are deliberate exaggerations and are oriented towards specific goals, it is free cascading advertising that we serve as vectors. If we have our analytical skills, we do not need such and such a firm to give us a colorful map like Walt Disney with numbers and a fake ranking so that we fall into their baskets and serve as a platform and bridge on which they lie comfortably at ease and we, like deafened and amazed, watch them pass under our noses their caravans full to bursting with money and income.
Already, we work for LinkedIn for free by publishing our analysis and becoming a mobile advertising panel for private companies, without questioning their references, and their data, without an equivalence closer to reality to their “corrupt findings”. We become accomplices of ignorance and the manipulation of figures for commercial ends making us prisoners of our nationalist ego to want to make our Kingdom of Morocco win a false gold medal of chocolate which will melt at the first contact with the true light of conscience and founded knowledge.
Tous ces classements sont des exagérations voulues et sont orientées vers des buts précis, c’est de la pub en cascade gratuite dont nous servons de vecteurs. Si on a des capacités propres d’analyse on n’a pas besoin de cabinet tel ou tel pour nous mettre une carte colorée a la Walt Disney avec des chiffres et un classement bidon pour que nous tombons dans leurs paniers et servir de plateforme et de ponts sur lesquels ils s’étendent confortablement a l’aise balaise et nous comme des assourdis et ébahis nous les regardons faire passer sous notre museau leurs caravanes pleines a craquer de pognon et de revenus.
Déjà, on travaille pour LinkedIn gratuitement en publiant nos propres analyse et la devenir un panneau mobile de pub pour les compagnies privées, sans que l’on remet en cause leurs références, leurs données, sans une équivalence plus proche de la réalité a leurs “trouvailles corrompues” on devient complice de l’ignorance et de la manipulation des chiffres pour des fins mercantiles nous rendant prisonniers de notre ego nationaliste a vouloir faire gagner notre Royaume du Maroc une fausse médaille d’or de chocolat qui va fondre au premier contact avec la vraie lumière de la conscience et du savoir fondé.
OUTSIDE OF THOSE WHO ARE INSIDE THE BOX, WHO CARES?
This kind of story is a waste of money and even prestige given that no decision-makers from our top trade, business, and finance partner or connection comment on such “Clowny” publications, they know already the “Gimmicks” and they do not buy the “Rosy” pictures and presentation of distorted, exaggerated, glossy and “trade show” and “rudimentary show biz” exposition. They are the masters in such “fabrication and makeup of reality. Period”
As Moroccan we need to stop throwing Cheap Roses at ourselves and pay the high price for it to Foreign Public relations conglomerates and Consulting Firms that turn around and resell all the intelligence they get from Moroccan Clients.
We need to find a way to show our real needs of development, not to keep enhancing and blowing out of dimensions things to give ourselves a boost of Fictional Pride and a surge of inflationary nationalistic auto-satisfaction that with the hit of the hard realities we have in Morocco, they will melt like Improvised Ice Cream in the Desert.
Public Moroccan Money and Private Hard Currency Goes by the Drain
This is where the public money goes to enhance the image and stature of already governing bodies and responsible minds that want to have a Star on the Wild Sidewalk of the International Media Manipulation of images and realities of countries that are not realizing anything of sustainable development based on hardcore competencies and advances in the areas where the international competition is heating up between the real advanced and developed countries of the Western and Asian World
Morocco has no place among these giants while is trying to pay heavily for a light to be placed on pages of magazines and online presentations that have no relation with its hard reality of everyday day and display only Minor League of Actor-Personalities and their profile as the magnet of success measure according to the criteria of the entertainment industry that the main aim remains to be on the forefront of the news pages whatever the reason to be there, scandal or well-made action
REO manufactured a Self-gratifying Catalog – Promo Pamphlet, a mimic of the modernity of Forbes Style with the Old way of Paris-Match, a self-satisfactory and paid advertisement by Moroccan private entities and public institutions
Country Report by REO Communications
Bling – Bling Style of Morocco Oscar Award Winner “Glittering” without Real Stars Around.
REO Target is a hard currency and hard profit, the rest is a deluge of praises without any limit in the sky to get more Moroccan Dirhams to convert into hard currency and hard profit for REO adding deeper deficit on the balance of payment, on the rate of Dirham devaluation and on the public debt.
So where are the benefits for the Moroccans in all this?
Where are the improvements in social conditions?
Where is the level reached by the Research and Development and its discoveries?
Morocco is where about 80% of jobs are informal and the income gaps are very high.
In 2021, Morocco ranked 123rd out of 191 countries in the world on the Human Development Index (HDI), behind Algeria (91st) and Tunisia (97th). It is the most unequal country in North Africa according to the NGO Oxfam.
Signs of a high level of development include industrialization and the everyday use of advanced technology. Levels of education are also related to development. Developed countries usually have higher literacy rates, meaning most of their population can read and write
Developed nations have strong economies, advanced technology, and high standards of living.
Characteristics of Developed Countries?
A high per capita income;
A diverse industrial mix, including a large services sector;
A developed financial system; …
people having a longer life expectancy at birth;
A well-developed educational system.
Are we going to correct all these deficiencies with such PDF, Bling-Bling and Glittering Oscar Night Speeches of self-gratification and self-serving satisfaction while the problems are for real for the rest of the Moroccan and Morocco?
Moroccan Amazigh – Berber – Doukkala Wisdom
A Moroccan proverb goes: “The sheep spends his whole life being afraid of the wolf, but in the end, who feasts on the sheep? The shepherd!” The Cheap Herder
As Moroccan we need to stop throwing Cheap Roses at ourselves and pay the high price for it to Foreign Public Relations conglomerates and Consulting Firms that turn around and resell all the intelligence they have from Moroccan Clients: Privately State Owned Entities or Members of the Moroccan Elites or the Moroccan Government.
We need to find a way to show our real needs of development, not to keep enhancing and blowing out of dimensions things to give ourselves a boost of Fictional Pride and a surge of inflationary nationalistic auto-satisfaction that with the hit of the hard realities we have in Morocco, they will melt like Improvised Ice Cream in the Desert.
MOROCCO ENTERTAINING STORIES and PROFILES
PUBLIC RELATION for ELITES and POLITIBRITIES
A Self-gratifying Catalog – Promo Pamphlet, a mimic of the modernity of Forbes Style with the Old way of Paris-Match, a self-satisfactory and paid advertisement.
TARGET GETTING the MOROCCAN DIRHAM CONVERTED IN HARD CURRENCY and HARD PROFIT FOR REO ADDING DEEPER DEFICIT on THE BALANCE of PAYMENTS, on the DEVALUATION of the DIRHAM and the PUBLIC DEBT
Street children in Morocco number approximately 75,000, a frightening statistic when you are aware of the damage such circumstances inflict upon children’s development and future. Living in poverty and outside the school system, these children are easy targets for urban violence and all kinds of traffic, whether drugs or sex and have a future as dark as the streets they live on.
Enfants-des-rues-au-Maroc
In Casablanca, the biggest city in Morocco, approximately 22.000 children live in this condition. The chamkers are children who were abandoned or chose to flee their sometimes violent and often difficult family environments. While some of them work in the streets during the day and go home at night to sleep, others make an uncomfortable bed for the night out of a simple cardboard box or staircase step.
In the streets of Casa, the country’s economic engine, which employs over half its population, street children sell small merchandise and basic services to pedestrians and motorists alike.
This social trend is not unique to Casablanca. In Marrakech, one of the biggest souks in Morocco, the millions of tourists aren’t pounding the pavement alone – street children have also set up houses there. Sometimes organized in clans, they earn a few cents in the vicinity of the famous market by selling packets of tissues, tourist guides, and other products.
With a few Dirhams, these children can buy drugs. To alleviate the stress of their daily lives they often sniff glue, a cheap and easy-to-obtain drug, or other hallucinogenic substances. The exact number of street children in Casablanca, Marrakech, and elsewhere is difficult to establish due to their mobility. According to the Moroccan Ministry of Solidarity, Women, Family, and Social Development, the number fluctuates between 20,000 and 70,000.
However, the source of this problem is easier to pinpoint:
The poverty and unemployment affecting numerous Moroccan families and the lack of care and affection given to certain children in the family environment are some of the factors that force children to live on the streets.
A dash of color on a dark canvas: Moroccan civil society, represented by non-governmental organizations and associations, is trying to come to the aid of these children. Occasionally, at the government’s initiative, welcome centers have been opened and strive to reintegrate street children into the school system, a family, and society as a whole.
However, the number of children to care for is too high compared to the infrastructure and qualified personnel dedicated to the cause. Moreover, it is not easy to establish trust between the social and educational agents and the victims; the children, abandoned by their families and rejected by society, have lost all trust in adults and all hope for the future.
Nevertheless, we must safeguard their fundamental rights and, above all, their right to childhood.
“We pride ourselves on our ability to collate authentic, comprehensive, and informative reports on economic, business, and governmental projects. These provide the latest updates on potential investment opportunities and elevate emerging markets to visibility. REO distinguishes itself through its exhaustive firsthand interviews with the greatest leaders and finest minds in the countries it researches.
Our goal is to create effective and groundbreaking reports that achieve client objectives and render a return on investment.” Source:
REO manufactured a Self-gratifying Catalog – Promo Pamphlet, a mimic of the modernity of Forbes Style with the Old way of Paris-Match, a self-satisfactory and paid advertisement by Moroccan private entities and public institutions
Souss – Massa Region Why don’t you spend the money on building Cyber governance in collaboration with the rest of the Regions in Morocco that will be the translation of a Model of Regional Integration at the crossroads of politics, sovereignty, and cooperation in Africa and in Morocco
COUNTRY REPORT BY REO COMMUNICATIONS: MOROCCOOSCAR AWARD WINNER
This is where the public money goes to enhance the image and stature of already governing bodies and responsible minds that want to have a Star on the Wild Sidewalk of the International Media Manipulation of images and realities of countries that are not realizing anything of sustainable development based on hardcore competencies and advances in the areas where the international competition is heating up between the real advanced and developed countries of the Western and Asian World.
Morocco has no place among these giants while is trying to pay heavily for a light to be placed on pages of magazines and online presentations that have no relation with its hard reality of everyday day and display only a minority de personalities and their profiles as the magnet of success measure according to the criteria of the entertainment industry that the main aim remains to be on the forefront of the news pages whatever the reason to be there, scandal or well-made action.
The most important is to be an Icon of the News: Bad, Good, or Ugly that is how the moving short-lived stars pass through the screen of social exposure and the fashion waves of the Western Media specialized in defining and presenting profiles of countries and policelebrities such as this REO Communications.
WHERE IS MOROCCO?
DOES MOROCCO REALLY AT THIS LEVEL OF CONJONCTURE, NEED SUCH EXPENDITURE AND EXPOSURE PAID FOR?
WHAT IS THE REAL STANDING OF MOROCCO IN THE SCREEN OF WORLD-CLASS REALIZATIONS AT THE LEVEL OF AUTHENTIC NATIONAL DEVELOPMENT?
Free Self-made Country Report by Region Economic Morocco Created by
Said El Mansour Cherkaoui Global Public Relations Manager
WHATEVER YOUR BACKGROUND AND YOUR STANDING ANYWHERE ELSE, YOU PAY, YOU WILL GET YOUR 15 MINUTES OF FAME OR YOUR 15 PAGES OF EXPOSURE WORLDWIDE OR AT LEAST IN VIRTUAL PLACES WHERE ENGLISH IS THE VEHICLE OF EXPRESSION AND ELITISM IS THE ENGINE OF COMMUNICATION
Spend the money on these people of Moroccan authenticity not on pampering the ones who have already the money to take care of themselves and being pampered in foreign lands and Spa of international hotels and spots.
THE SECOND FREE ADVERTISEMENT OF MOROCCO BY SAID EL MANSOUR CHERKAOUI
ON N’EST JAMAIS MIEUX SERVIT QUE PAR SOI-MÊME – LES MEILLEURS ET NATURELS
SUPPORT PUBLICITAIRES SONT EN PREMIER ET EN FIN DE COMPTE:
LES MAROCAINES ET LES MAROCAINS VIVANT A L’ETRANGER
DONC IL FAUT INVESTIR EN ELLES ET EN EUX ET NON DANS DES CONGLOMÉRATS MULTIMILLIONNAIRES ÉTRANGERS QUI NE RECONNAISSENT COMME ESPACE ET TERRITOIRE NATIONAL QUE LE PROFIT
“Mohcine Jazouli: First of all, I would like to remind you that it was His Majesty King Mohammed VI, may God assist him, who called, during the Opening Speech in Parliament on October 8, 2021, for the adoption, as soon as possible, “of a new competitive investment charter”. It was therefore necessary to act quickly and well, knowing that the framework law 18.95, the previous charter, would have been almost 27 years old today. This has supported the development of the country and the rise of a modern and broadly diversified economy. But economic, social, institutional, technological, and environmental changes have made it imperative to reform the State’s investment policy. Moreover, the current situation, despite the difficulties it entails, presents opportunities that Morocco will seize. Thus, the new charter is aimed at all those who wish to participate in this new phase of the Kingdom’s development, at all those who project themselves into a promising future: from the VSME to the large group, to national or foreign investors through the Moroccan companies wishing to develop internationally, they will all find in the charter a transparent, incentive and attractive framework.” Source: Challenge.ma – 12/15/2022
Government Council adopted the 1st decree implementing the new Investment Charter – January 26, 2023
As part of the implementation of the High Guidelines of His Majesty King Mohammed VI, may God assist him, the Government Council adopted, on January 26, 2023, the 1st decree implementing the new Investment Charter relating to the implementation of the main investment support mechanism and the specific support mechanism applicable to strategic investment projects.
This decree is a decisive step in the operationalization of the Investment Charter.
How do you test and refine your Public Relations and branding messages and materials before launching them?
Before you launch your Public Relations and branding campaign, you need to test and refine your messages and materials to ensure they are clear, consistent, and compelling. Testing and refining your PR and branding elements can help you avoid costly mistakes, improve your reputation, and increase your chances of reaching your target audience and achieving your goals. Here are some steps you can follow to test and refine your PR and branding messages and materials before launching them.
Identify your objectives and metrics
The first step is to identify what you want to achieve with your PR and branding campaign and how you will measure your success. Your objectives should be SMART: specific, measurable, achievable, relevant, and time-bound. Your metrics should be aligned with your objectives and reflect the outcomes you want to see, such as awareness, engagement, conversion, or loyalty. For example, if your objective is to increase brand awareness among a new segment, your metrics could include reach, impressions, mentions, or surveys.
Define your target audience and personas
The next step is to define who you want to reach with your PR and branding campaign and what motivates them. Your target audience is the group of people who are most likely to be interested in your product, service, or cause. Your personas are fictional representations of your ideal customers or stakeholders, based on their demographics, psychographics, behaviors, and needs. By defining your target audience and personas, you can tailor your messages and materials to their preferences, pain points, and goals.
Create your key messages and value proposition
The third step is to create your key messages and value proposition that communicate what you do, why you do it, and how you are different from your competitors. Your key messages are the main points you want to convey to your target audience and the media. Your value proposition is the unique benefit you offer to your customers or stakeholders. Your key messages and value proposition should be concise, consistent, and compelling, and support your objectives and brand identity.
Develop your PR and branding materials
The fourth step is to develop your PR and branding materials that support your key messages and value proposition and showcase your brand personality. Your PR and branding materials could include press releases, media kits, pitches, blogs, social media posts, newsletters, brochures, flyers, logos, slogans, videos, podcasts, or webinars. Your PR and branding materials should be relevant, engaging, and informative, and use a consistent tone, voice, and style.
Test your PR and branding elements
The fifth step is to test your PR and branding elements with a sample of your target audience and some external experts. Testing your PR and branding elements can help you get feedback on their clarity, consistency, and persuasiveness, and identify any gaps, errors, or areas for improvement. You can test your PR and branding elements using various methods, such as surveys, focus groups, interviews, usability tests, A/B tests, or analytics.
Refine your PR and branding elements
The final step is to refine your PR and branding elements based on the results of your testing and feedback. Refining your PR and branding elements can help you polish your messages and materials, enhance your brand image, and optimize your campaign performance. You can refine your PR and branding elements by making adjustments to your content, design, format, or delivery, and by ensuring they align with your objectives, metrics, brand identity, and target audience expectations.
TRI CONSULTING KYOTO TRI CK USA – First Moroccan Muslim Contractor of Public Transport in Early 1920 – Twenties of 20th Century: Moulay Ahmed Cherkaoui at 24 was the First Muslim Transporter in Morocco By Dr. Said El Mansour Cherkaoui Son of Moulay Ahmed CherkaouiFather of Moulay Ahmed Cherkaoui Said El Mansour Cherkaoui PARENTAL HERITAGE OF MOROCCAN NATIONALISM This is Haj Ahmed Cherkaoui All … Continue reading My Father Moulay Ahmed Cherkaoui
Updated on 7/24/2024 to Celebrate 20 years of Commitment and Work by Dr. Said El Mansour working on the relationship between the United States of America and the Kingdom of Morocco
The Moroccan-American Treaty of Peace and Friendship was sealed by Mohammed III, signed by Thomas Jefferson and John Adams, and ratified by the U.S. Congress on July 18, 1787. Arabic text reads: الحمد لله هذا تقييد ش… More
Morocco and United States Trade Relations Morocco is located in Northwestern Africa and is slightly geographically larger than California. The capital of Morocco is Rabat, which is bordered by the Atlantic Ocean. Morocco has a population of 34.37 million people and a gross domestic product (GDP) of $100.6 billion. Due to its proximity to Europe … Continue reading Morocco Profile: Investment and Trade Trends
Said El Mansour Cherkaoui is a multifaceted individual with a diverse range of interests and accomplishments Promotion of Investment in Morocco: Trade and Investment: Based in Northern California, USA, Said El Mansour Cherkaoui is actively involved in promoting, inviting, and encouraging investment in Morocco … Continue reading
Morocco and United States Trade Relations by Said El Mansour Cherkaoui December 29, 2020 U.S. Trade and Investment with Morocco Revitalized by Said El Mansour Cherkaoui December 25, 2020 Lire la suite United States of America and Kingdom of Morocco→
The Moroccan-American friendship up-to-this date [2019] has lasted more than 240 years: The Barbary Treaties 1786-1816 Treaty with Morocco June 28 and July 15, 1786 Continue reading
Dr. Said El Mansour Cherkaoui and His Global Interactions and Endeavors Morocco has ratified 71 bilateral investment treaties for the promotion and protection of investments and 60 economic agreements – including with the United States and most EU nations– that aim to eliminate the double taxation of income or gains. Morocco is the only country on the African continent with … Continue reading December 29, 2020
Said El Mansour Cherkaoui, 12/25/2020 – Northern California Office The US DFC has made several announcements signifying its efforts to expand into Morocco – including the opening of a new Prosper Africa regional office … Continue reading U.S. Trade and Investment with Morocco Revitalized
Said El Mansour Cherkaoui, January 2, 2018 The Morocco Free Trade Agreement (MAFTA) went into effect on January 1, 2006. Under the agreement most Moroccan goods enter the United States duty free and virtually all will enter free by the time it is fully implemented on January 1, 2023. The Morocco FTA does NOT provide … Continue Reading →
Made in Morocco with Moroccan Legacy
Dr. Cherkaoui & Center for International Trade Development ★ CITD in Morocco
Dans les publications présentes dans cette page, le but principal demeure la participation dans le débat national sur le devenir du Maroc et la réalisation d’un authentique, équitable et juste progrès social dont les Marocaines et les Marocains de toutes les confessions et cultures sont les premiers et les ultimes bénéficiaires tout en étant les …Lire la Suite →
The Morocco Free Trade Agreement (MAFTA) went into effect on January 1, 2006. Under the agreement most Moroccan goods enter the United States duty free and virtually all will enter free by the time it is fully implemented on January 1, 2023. The Morocco FTA does NOT provide a merchandise processing fee (MPF) exemption. Value … Lire la suite US – Morocco Free Trade Agreement
TRI CONSULTING KYOTO – TRI CK USA supports you in your trade and investment projects, whatever their form: Export, Import, Business Representation, Translation and Negotiation New sites, extensions, industrial or technological partnerships, acquisitions or financial investments Morocco’s Favorite Destination for International Investment BE SMART : CHOOSE MOROCCO ! Here is an overview of Morocco’s investment … Continue reading
BE SMART : CHOOSE THE ROAD TO MOROCCO ! Here is an overview of Morocco’s investment and economic environment that we hope will enhance your interest in developing trade, financial, and cultural relationships with the Moroccan people. TRI CONSULTING KYOTO – TRI CK USA supports you in your investment projects, whatever their form: new sites, … Continue reading★
Said El Mansour Cherkaoui The U.S.-Moroccan Free Trade Agreement (FTA), signed in 2006, made Morocco the first African country to sign such an agreement with the United States. Such action has renewed the privilege that Morocco had to be the first … Continue readingTrade and Diplomacy: USA and MoroccoDecember 16, 2020
Editor: Said El Mansour Cherkaoui, Ph.D. The Morocco Free Trade Agreement (MAFTA) went into effect on January 1, 2006. Under the agreement most Moroccan goods enter the United Continue reading
Articles on Morocco – USA Relations by Said El Mansour Cherkaoui Trade and Diplomacy: USA and Morocco Said El…Continue Reading →
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Dr. Cherkaoui organized and presented Multiple International Conferences in Collaboration with the US Department of Commerce, the US Small Business Department, the US Small Business Association, the 2 East Bay and Bay Area Centers for International Trade Development, and other local business professional representative organizations and the Chambers of Commerce around the Bay Area of San Francisco …Continue reading Said El Mansour Cherkaoui: International Conferences
and keep adding new years to this First Recognition of the Newly Independent United States of America by the Kingdom of Morocco
The Morocco Free Trade Agreement (MAFTA) was enacted on January 1, 2006. Under the agreement, most Moroccan goods enter the United States duty-free free and virtually all will enter free by the time it is fully implemented on January 1, 2023. The Morocco FTA does NOT provide a merchandise processing fee (MPF) exemption. Value … Lire la suite
Treaty of Peace & Friendship 1787 Between Morocco and The United States
To all persons to whom these presents shall come or be made known- WHEREAS the United States of America in Congress assembled by their Commission bearing date the twelfth day of May One Thousand, Seven-Hundred and Eighty-Four thought proper to constitute John Adams, Benjamin Franklin and Thomas Jefferson their Ministers Plenipotentiary, giving to them or a Majority of them full powers to confer, treat & negotiate with the Ambassador, Minister or Commissioner of His Majesty the Emperor of Morocco concerning a Treaty of Amity and Commerce, to make & receive propositions for such Treaty and to conclude and sign the same, transmitting to the United States in Congress assembled for their final Ratification.
And by one other commission bearing date the Eleventh day of March One-Thousand Seven-hundred & Eighty-five did further empower the said Ministers Plenipotentiary or a majority of them, by writing under the hands and Seals to appoint such agent in the said business as they might think proper with authority under the directions and instruction of the said Ministers to commence & prosecute the said Negotiations & Conferences for the said Treaty provided that the said Treaty should be signed by Ministers: And Whereas, We the said John Adams & Thomas Jefferson two of the said Ministers Plenipotentiary (the said Benjamin Franklin being absent) by writing under the Hand and Seal of the said John Adams at London, October fifth, One-thousand Seven-hundred and Eighty-five, & of the said Thomas Jefferson at Paris October the Eleventh of the same year, did appoint Thomas Barclay, Agent in the business aforesaid, giving him the Powers therein, which by the said second commission we were authorized go give, and the said Thomas Barclay in pursuance thereof, bath arranged Articles for a Treaty of Amity and Commerce between the United States of America and His Majesty the Emperor of Morocco & sealed with His Royal Seal, being translated into the language of said United States of America, together with the Attestations thereto annexed are in the following words, To Wit:
In the name of Almighty God.
This is a Treaty of Peace and Friendship established between us and the United States of America, which is confirmed, and which we have ordered to be written in the Book and sealed with our Royal Seal at our Court of Morocco in the Twenty-Fifth day of the blessed month of Shaban, in the year One-Thousand Two-hundred, trusting in God it will remain permanent.
ARTICLE 1
We declare that both Parties have agreed that this Treaty consisting of twenty five Articles shall be inserted in this Book and delivered to the Honorable Thomas Barclay, the Agent of the United States now at our Court, with whose Approbation it has been made and who is duly authorized on their part, to treat with us concerning all the matters contained therein.
ARTICLE 2
If either of the parties shall be at war with any nation whatever, the other party shall not take a commission from the enemy nor fight under their colors.
ARTICLE 3
If either of the parties shall be at war with any nation whatever and take a prize belonging to that nation, and there shall be found on board subjects or effects belonging to either of the parties, the subjects shall be set at liberty and the effect returned to the owners. And if any goods belonging to any nation, with whom either the parties shall be at war, shall be loaded on vessels belonging to the other party, they shall pass free and unmolested without any attempt being made to take or detain them.
ARTICLE 4
A signal or pass shall be given to all vessels belonging to both parties, by which they are to be known when they meet at sea, and if the commander of a ship of war of either party shall have other ships under his convoy, the Declaration of the commander shall alone be sufficient to exempt any of them from examination.
ARTICLE 5
If either of the parties shall be at war, and shall meet a vessel at sea, belonging to the other, it is agreed that if an examination is to be made, it shall be done by sending a boat with two or three men only, and if any gun shall be bread and injury done without reason, the offending party shall make good all damages.
ARTICLE 6
If any Moor shall bring citizens of the United States or their effects to His Majesty, the citizens shall immediately be set at liberty and the effects restored, and in like manner, if any Moor not a subject of the dominions shall make prize of any of the citizens of America or their effects and bring them into any of the ports of His Majesty, they shall be immediately released, as they will be considered as under His Majesty’s Protection.
ARTICLE 7
If any vessel of either party shall put into a port of the other and have occasion for provisions or other supplies, they shall be furnished without any interruption or molestation.
ARTICLE 8
If any vessel of the United States shall meet with a disaster at sea and put into one of our ports to repairs, she shall be at liberty to land and reload her cargo, without paying any duty whatever.
ARTICLE 9
If any Vessel of the Untied States shall be cast on Shore on any Part of our Coasts, she shall remain at the disposition of the Owners and no one shall attempt going near her without their Approbation, as she is then considered particularly under our Protection; and if any Vessel of the United States shall be forced to put in to our Ports, by Stress of weather or otherwise, she shall not be compelled to land her Cargo, but shall remain in tranquility until the Commander shall think proper to proceed on his Voyage.
ARTICLE 10
If any Vessel of either of the Parties shall have an engagement with a Vessel belonging to any of the Christian Powers within gunshot of the Forts of the other, the Vessel so engaged shall be defended and protected as much as possible until she is in safety; and if any American Vessel shall be cast on shore on the Coast of Wadnoon or any Coast thereabout, the People to her shall be protected, and assisted until by the help of God, they shall be sent to their Country.
ARTICLE 11
If we shall be at War with any Christian Power and any of our Vessels sail from the Ports of the United States, no Vessel belonging to the enemy shall follow until twenty four hours after the Departure of our Vessels; and the same Regulation shall be observed towards the American Vessels sailing from our Ports be the enemies Moors or Christians.
ARTICLE 12
If any ship of war belonging to the United States shall put into any of our ports, she shall not be examined on any pretense whatever, even though she should have fugitive slaves on board, nor shall the governor or commander of the place compel them to be brought on shore on any pretext, nor require any payment for them.
ARTICLE 13
If a ship of war of either party shall put into a port of the other and salute, it shall be returned from the fort with an equal number of guns, not with more or less.
ARTICLE 14
The commerce with the United States shall be on the same footing as is the commerce with Spain, or as that with the most favored nation for the time being; and their citizens shall be respected and esteemed, and have full liberty to pass and repass our country and seaports whenever they please, without interruption.
ARTICLE 15
Merchants of both countries shall employ only such interpreters, and such other persons to assist them in their business, as they shall think proper. No commander of a vessel shall transport his cargo on board another vessel; he shall not be detained in port longer than he may think proper; and all persons employed in loading or unloading goods, or in any labor whatever, shall be paid at the customary rates, not more and not less.
ARTICLE 16
In case of a war between the parties, the prisoners are not to be made slaves, but to be exchanged one for another, captain for captain, officer for officer, and one private man for another; and if there shall prove a deficiency on either side, it shall be made up by the payment of one hundred Mexican dollars for each person wanting. And it is agreed that all prisoners shall be exchanged in twelve months from the time of their being taken, and that this exchange may be effected by a merchant or any other person authorized of by either of the parties.
ARTICLE 17
Merchants shall not be compelled to buy or sell any kind of goods but such as they shall think proper; and may buy and sell all sorts of merchandize but such as are prohibited to the other Christian nations.
ARTICLE 18
All goods shall be weighed and examined before they are sent on board , and to avoid all detention of vessels, no examination shall afterwards be made, unless it shall first be proved that contraband goods have been sent on board, in which case, the persons who took the contraband goods on board, shall be punished according to the usage and custom of the country, and no other person whatever shall be injured, nor shall the ship or cargo incur any penalty or damage whatever.
ARTICLE 19
No vessel shall be detained import on any pretense whatever, nor be obliged to take on board on any articles without the consent of the commander, who shall be at full liberty to agree for the freight of any goods he takes on board.
ARTICLE 20
If any of the citizens of the Untied States, or any persons under their protection, shall have any disputes with each other, the consul shall decide between the parties, and whenever the consul shall require any aid or assistance from our government, to enforce his decisions, it shall be immediately granted to him.
ARTICLE 21
If any citizen of the Untied States should kill or wound a Moor, or, on the contrary, if a Moor shall kill or wound a citizen of the United States, the law of the country shall take place, and equal justice shall be rendered, the consul assisting at the trial; and if any delinquent shall make his escape, the consul shall not be answerable for him in any manner whatever.
ARTICLE 22
If an American citizen shall die in our country, and no will shall appear, the consul shall take possession of hi affects; and if there shall be no consul, the effects shall be deposited in the hands of some person worthy of trust, until the party shall appear, who has right to demand them; but if the heir to the person deceased be present, the property shall be delivered to him without interruptions; and if a will shall appear, the property shall descend agreeable to that will as soon as the consul shall declare the validity thereof.
ARTICLE 23
The consuls of the United States of America, shall reside in any port of our dominions that they shall think proper; and they shall be respected, and enjoy all the privileges which the consuls of any other nation enjoy; and if any of the citizens of the United States shall contract any debts or engagements, the consul shall not be in any manner accountable for them, unless he shall have given a promise in writing for the payment or fulfilling thereof, without which promise in writing, no application to him for any redress shall be made.
ARTICLE 24
If any differences shall arise by either party infringing on any of the articles of this treaty, peace and harmony shall remain notwwithstanding, in the fullest force, until a friendly application shall be made for an arrangement, and until that application shall be rejected, no appeal shall be made to arms. And if a war shall break out between the parties nine months shall be granted to all the subjects of both parties, to dispose of their effects and retire with their property. And it is further declared, that whatever indulgences, in trade or otherwise, shall be granted to any of the Christian Powers, the citizens of the United States shall be equally entitled to them.
ARTICLE 25
This treaty shall continue in full force, with the help of God, for fifty years. We delivered this book into the hands of the before mentioned Thomas Barclay, on the first day of the blessed month of Ramadan, in the year one thousand two hundred. I certify that the annexed is a true copy of the translation made by Isaac Cardoza Nunez, interpreter at Morocco, of the treaty between the Emperor of Morocco and the United States of America.
ADDITIONAL ARTICLE
Grace to the only God.
I, the under-written, the servant of God, Taher Ben Abdelkack Fennish, do certify, that His Imperial Majesty, my master, (whom God preserve), having concluded a treaty of peace and commerce with the United States of America, has ordered me, the better to complete, it, and in addition of the tenth article of the treaty, to declare, “That if any vessel belonging to the United States, shall be in any of the ports of his Majesty’s dominions, or within gun-shot of his forts, she shall be protected as much as possible; and no vessel whatever, belonging either to Moorish or Christian Powers, with whom the United States may be at war, shall be permitted to follow or engage her, as we now deem the citizens of America our good friends.”
And, in obedience to this Majesty’s commands, I certify this declaration, by putting my hand and seal to it, on the eighteenth day of Ramadan, (a) in the year one thousand two hundred. The servant of the King, my master, whom God preserve.
TAHER BEN ABDELKACK FENNISH.
I do certify that the above is a true copy of the translation made at Morocco, by Isaac Cordoza Nunez, interpreter, of a declaration made and signed by Sidi Hage Taher Fennish, in addition to the treaty between the Emperor of Morocco and the United States of America, which declaration the said Taher Fennish made by the express directions of his Majesty.
THOMAS BARCLAY.
TREATY WITH MOROCCO. 1787
Now, KNOW YE, That we, the said John Adams and Thomas Jefferson, Ministers Plenipotentiary aforesaid, do approve and conclude the said treaty, and every article and clause therein contained, reserving the same nevertheless to the Untied States in Congress assembled, for their final ratification. In testimony whereof, we have signed the same with our names and seals, at the places of our respective residence, and at the dates expressed under our signatures respectively.
JOHN ADAMS, (L.S.) London, January 25th, 1787.
THOMAS JEFFERSON, (L.S.) Paris, January 1st, 1787.
Said El Mansour Cherkaoui, a well-known scholar and analyst, has provided valuable insights into the relationship between the United States and Morocco. Here are some key points from his analysis:
Dr. Said El Mansour Cherkaoui has authored 94 articles on LinkedIn providing insights into the influences and challenges arising from the evolution of global affairs and international relations, trade, and business. 2.
LinkedIn Profile:Said El Mansour Cherkaoui Ph.D. ★ Senior Policy and Business Adviser ★ Consultant ★ News Executive Editor ★ Public Speaker ★ February 13, 2024
Silver Screen Shot on the Projection of Inter-National and Inter-Cultural Lights
All the pleasure is for my definition of human relationships and joy as my first name indicates to offer you such a shortcut around the World of Business and Regional Human Cultures, which is in fact only the end of the Atlas – The Peak of the Atlas Mountain – the Place of the Birth of my Own Ancestors. The best is still to come.
My writing below is a “personalized” professional testimony conveying a multiplier dedication to adapting to the variety of operational references and responding to the diversity of opportunities and the human environment in which the local business conditions and regional and national practices of the predominant relational culture.
Thus, my roles and office functions were more and encompassed more of the single and simple honorable profession of an actor or director but embraced realistic and surrealistic aspects of global scope while identifying in the panorama of the territorial affairs of California and the United States of America – Designed in California and Made in the USA and presented by Said Cherkaoui Ph.D..
While the international scene and framework on which I continue to this day my stagings and performances remain direct, spontaneous, derived, and driven by my deep desire to lay foundations of rapprochement and bridges of communications between countries distant entities, neighboring entities, and distant organizations as well as individuals from various similar and non-identical backgrounds.
I contributed a lot to the San Francisco World Trade Center and the San Francisco Chamber of Commerce for decades both in San Francisco and in Oakland, California, with my work and my achievements on the international level during the period in which I been in the CITD and since then I continue to sail beyond the horizons of the Pacific and other shores in this time close in conjugation and distant in expression.
To conclude in style and combine business with pleasure, I am going to add more salt or spices to my international recipes simmered in English but fashioned in the style of Jacques (without any) Pépin and Paul Bocuse (not from Vaucluse) and where you can also taste the flavor of Senegal (Rahma wa Ghofrane} like other regions of the rest of Africa and this according to your choice first through and in the content of this link which can also give you more appetite for reading my other adjacent, corresponding and complementary publications in the staging of a constructive memory and a renovating present for intelligent solutions adaptable to current challenges, prospective requirements and potential risks, such is the destiny of my work and my contribution to this common destiny of existence.
Do not hesitate to share with me your impressions, remarks, initiatives, and opportunities for transatlantic and trans-African collaboration.
Capture d’écran argentée sur la projection de lumières inter-nationales et inter-culturelles
Cliché sur la Projection de Lumières Inter-Nationales et Inter-Culturelles
Tout le plaisir est pour ma definition des rapport humains et de la joie comme mon prénom l’indique de vous offrir un tel raccourci autour du Monde des Affaires et des Cultures Humaines Régionales, qui n’est en fait que le bout de l’Atlas – The Peak of the Atlas Mountain – the Place of the Birth of my Own Ancestors. The best is still to come.
Mon écrit ci-dessous est un témoignage professionnel “personnalisé” véhiculant une dedication multiplicatrice s’adaptant à la variété des références opérationnelles et répondant à la diversité des opportunités et de l’environnement humain dans lequel s’est traduit et s’est imbibé des conditions locales des affaires [Business] et les pratiques régionales et nationales de la culture relationnelle prédominante.
Ainsi, mes rôles et fonctions d’office étaient plus et s’englobaient davantage de la seule et simple profession honorable d’un acteur ou de metteur en scène mais embrassent des allures réalistes et surréalistes de portée globale tout en s’identifiant dans le panorama des étendues d’affaires territoriales de la Californie et des Etats Unis d’Amérique – Designed in California and Made in USA and presented by Said Cherkaoui Ph.D..
Alors que la scène et la trame internationales sur laquelle je continues jusqu’à ce jour mes mises en scéne et performances demeurent directes, spontanées, dérivées et conduites par mon profond désir d’étaler des fondations de rapprochement et des ponts de communications entre les contrées lointaines, les entités voisines et les organisations distantes ainsi que les individus de divers horizons similaires et non identiques.
I contributed lot to the San Francisco World Trade Center and the San Francisco Chamber of Commerce et cela pour des decennies tant a San Francisco qu’a Oakland en Californie, avec mon travail et mes réalisations sur le plan international durant la période ou j’ai été dans le CITD et que depuis lors je continues a voguer par dela les horizons du Pacifique et autres rivages en ce temps proche dans la conjugaison et distant dans l’expression.
Pour conclure en beauté et joindre l’utile a l’agréable, je vais ajouter plus de sel ou d’épices à mes recettes internationales mijotées en Anglais mais façonnées a la Jacques (sans aucun) Pépin et Paul Bocuse (pas du Vaucluse) et oû vous pouvez aussi goûter la saveur du Sénégal (Rahma wa Ghofrane} comme des autres régions du reste de l’Afrique et cela selon votre choix en premier a travers et dans le contenu de ce lien qui pourra aussi vous donner plus d’appétit pour la lecture de mes autres publications adjacentes, correspondantes et complémentaires dans la mise en scène d’une mémoire constructive et d’un présent rénovateur pour des solutions intelligentes adaptables aux défis et courantes, aux exigences prospectives et aux risques potentiels, tel est le destin de mon labeur et de mon apport dans cette destinée commune d’existence.
N’hésitez pas de partager avec moi vos impressions, remarques, initiatives et opportunités de collaboration transatlantique comme transafricaine.
Bien a vous avec mes souhaits de réussite.
Dr. Said El Mansour Cherkaoui Business, Research, and Academic References
Dr. Barbara Beno Presidente of Vista Community College and Dr. Said El Mansour Cherkaoui Consultant at CITD
hashtag#Throwback 🇲🇦🇮🇩 We were delighted to welcome the Indonesian Parliamentary Friendship Group delegation to the Marrakech-Safi Regional Investment Center. During their visit, we explored potential collaborations between Morocco and Indonesia by presenting the investment opportunities, and the attractive incentives Morocco and Marrakech-Safi offer investors. 🇲🇦🇮🇩
This forum represents a significant step towards deeper and more fruitful cooperation between Indonesia and African nations, fostering sustainable development and mutual growth.
How do you feel about these developments?
What exactly, are sectors, industries, areas of cooperation, and domains of application, investments, and cooperation or collaboration in terms of strategic partnership and alliances between Indonesia?
The 2nd Indonesia-Africa Forum (IAF) aims to foster strategic partnerships and alliances across various sectors and industries. Here are the key areas of cooperation, along with specific numbers, data, and examples of realizations:
Indonesia is investing in agri-tech projects in Nigeria and Ethiopia, focusing on improving crop yields and sustainable farming practices. For instance, a $30 million project in Nigeria aims to enhance rice production. Morocco can collaborate with Indonesia on initiatives to improve food security and agricultural productivity.
Real Reasons for the Forum:
The forum seeks to boost economic ties by signing investment agreements and promoting trade between Indonesia and African nations. It aims to establish strategic partnerships in sectors like energy, health, and minerals, which are crucial for sustainable development. The forum emphasizes South-South cooperation, where developing countries support each other in achieving mutual growth and development.
The total value of agreements signed at the forum is expected to reach $3.5 billion, significantly higher than the $600 million from the first forum in 2018. Key projects include a geothermal project in Tanzania and a pharmaceutical collaboration in Ghana, highlighting the focus on energy and health. The forum strengthens Indonesia’s role as a reliable development partner for African countries, enhancing its international standing.
Benefits for Morocco and Other African Countries:
Economic Growth: Increased investments and trade agreements can stimulate economic growth and create job opportunities.
Technology Transfer: Collaboration in sectors like energy and health can lead to the transfer of technology and expertise, boosting local capacities.
Strategic Resources: African countries, including Morocco, can benefit from partnerships in strategic minerals, essential for industries like electric vehicles.
Renewable Energy: Indonesia is heavily investing in geothermal and other renewable energy projects. For example, the $150 million geothermal project in Tanzania aims to generate 100 MW of electricity.
Health and Pharmaceuticals: Indonesia is focusing on building pharmaceutical manufacturing facilities, such as the $50 million investment in Ghana.
Agri-Tech: Projects like the $30 million investment in Nigeria to enhance rice production highlight Indonesia’s focus on sustainable agriculture.
Geothermal and pharmaceutical projects : Example source for agri-tech and strategic minerals partnerships.
Geothermal Projects: Indonesia is investing in geothermal energy projects in Tanzania and Kenya. For example, a $150 million geothermal project in Tanzania aims to generate 100 MW of electricity.
Renewable Energy: Morocco, with its ambitious renewable energy targets, can collaborate with Indonesia on solar and wind energy projects.
Mining and Processing: Indonesia and African countries like the Democratic Republic of Congo are exploring partnerships in mining and processing strategic minerals such as cobalt and nickel, essential for electric vehicle batteries.
Investment in Infrastructure: Investments in infrastructure to support mining operations, including transportation and processing facilities, are being discussed.
Example source for geothermal, pharmaceutical, and agri-tech projects. : Example source for South-South cooperation and SME investments. : Example source for China’s infrastructure projects, financial support, and trade relations.
The forum has facilitated trade agreements worth $3.5 billion, significantly boosting economic ties between Indonesia and African nations.
These partnerships and investments are expected to significantly contribute to the sustainable development and economic growth of Morocco and other African nations.
Indonesia will bring really to the development of Morocco and the rest of the African economies that is different or complementary to what China is doing and investing/transforming the economic landscape in Morocco and the rest of the African countries.
How Indonesia can be compared to China in these aspects and results?
Indonesia’s approach to development in Morocco and other African countries offers some unique and complementary aspects compared to China’s investments.
Indonesia emphasizes South-South cooperation, fostering mutual growth and development among developing countries. Indonesia’s collaborations often include technology transfer and capacity building, which can help local industries grow independently. Indonesia’s emphasis on South-South cooperation and technology transfer complements. Indonesia’s focus on SMEs and sustainable projects can have a more direct impact on local communities, fostering grassroots economic growth. Indonesia is investing in small and medium-sized enterprises (SMEs) in Africa, which can drive local economic growth and job creation.
Indonesia’s contributions can complement China’s efforts by focusing on sustainable development, technology transfer, and supporting local businesses, thereby providing a more diversified and resilient economic growth model for Morocco and other African countries.
Health Sector Investments:
Total Investment: Indonesia secured health investment deals worth $94.1 million at the Indonesia-Africa Forum (IAF) 2024.
Pharmaceutical Collaborations:
PT Bio Farma: Signed agreements with Zimbabwe and Ghana for pharmaceutical product registration, distribution, and technology transfer.
PT Dexa Medica: Began exporting pharmaceutical products to Tanzania, with projected export values of $2.5–$3.0 million over the next three years.
Geothermal Energy Projects:
Geothermal Development: Indonesia’s state utility firm PLN partnered with Tanzania’s Tanesco for a geothermal project, with significant investments aimed at generating 100 MW of electricity.
Trade and Investment:
Total Business Deals: The IAF 2024 witnessed the signing of business deals worth $3.5 billion, a substantial increase from the $568 million recorded at the first forum in 2018.
Agri-Tech Projects:
Agri-Tech Initiatives: Indonesia is investing in agri-tech projects in Nigeria, focusing on improving crop yields and sustainable farming practices.
Strategic Minerals:
Mining and Processing: Indonesia is exploring partnerships in mining and processing strategic minerals such as cobalt and nickel with African countries.
Indonesia-Africa Cooperation Set to Rise
Indonesia inks health investment deals worth US$94.1 mln at IAF
Indonesia-Africa Forum Books $3.5 Billion Business Deals
Pharmaceuticals: Indonesia and Ghana have signed agreements to collaborate on pharmaceutical manufacturing, with an investment of $50 million to build a new facility in Accra.
Healthcare Services: Morocco can benefit from Indonesia’s expertise in healthcare services, potentially leading to joint ventures in hospital management and medical training.
Investment in SMEs: Indonesia is investing in small and medium-sized enterprises (SMEs) in Africa, with a focus on sectors like textiles, manufacturing, and services.
Indonesia’s Agri-Tech Projects:
Strategic Minerals, Mining and Processing in Africa
Cobalt and Nickel in the DRC: China’s investments are often larger in scale and focus on infrastructure. China’s infrastructure-driven approach provides a more holistic development strategy. Indonesia’s investments are more targeted towards specific sectors like renewable energy, health, and agriculture.
China’s Contributions:
Infrastructure Development – Financial Investments –Trade Relations
China is known for its large-scale infrastructure projects, such as the construction of roads, railways, and ports. For instance, the $4.6 billion Addis Ababa-Djibouti Railway. China has established several industrial zones in Africa, like the $2 billion Lekki Free Trade Zone in Nigeria.
China provides significant financial support through loans and grants. For example, China has pledged $60 billion in financial support to Africa over three years.
Export-Import Growth: China is a major trading partner for many African countries, with trade volumes reaching $254 billion in 2021. Many African countries are part of China’s Belt and Road Initiative, which aims to enhance global trade and infrastructure connectivity.
Lekki Free Trade Zone in Nigeria: $2 billion investment by China.
Addis Ababa-Djibouti Railway: $4.6 billion investment by China.
China’s Financial Support: $60 billion pledged to Africa over three years.
China-Africa Trade Volume: $254 billion in 2021.
Sources and data points related to the investments and projects mentioned:
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