Politics and Economy Archives - African Leadership Magazine https://www.africanleadershipmagazine.co.uk/category/politics-economy/ Most Reliable Source for Afro-centric News Wed, 12 Feb 2025 15:01:46 +0000 en hourly 1 https://wordpress.org/?v=6.2.6 https://www.africanleadershipmagazine.co.uk/wp-content/uploads/2019/01/cropped-289x96-32x32.jpg Politics and Economy Archives - African Leadership Magazine https://www.africanleadershipmagazine.co.uk/category/politics-economy/ 32 32 Africa: A Call for Reparations and Economic Sovereignty https://www.africanleadershipmagazine.co.uk/africa-a-call-for-reparations-and-economic-sovereignty/ Wed, 12 Feb 2025 15:01:46 +0000 https://www.africanleadershipmagazine.co.uk/?p=65339 Justice for Africa is not merely a slogan; it is a call to action that echoed powerfully in Addis Ababa during the 46th Ordinary Session of the Executive Council of.

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Justice for Africa is not merely a slogan; it is a call to action that echoed powerfully in Addis Ababa during the 46th Ordinary Session of the Executive Council of the African Union (AU). At the heart of this gathering was a defining message: reparations for Africans and people of African descent are both a moral imperative and an economic necessity. This session on reparative justice highlighted Africa’s enduring colonial scars and the pressing need to address historical and systemic injustices.

Mr. Claver Gatete, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA), delivered a compelling address on the structural inequalities that continue to hinder Africa’s economic growth. From the transatlantic slave trade to colonial-era resource extraction, Africa has suffered relentless economic dispossession. Yet, paradoxically, it remains one of the world’s most resource-rich continents. It holds 30% of the world’s mineral reserves, 40% of its gold, and up to 90% of its chromium and platinum. Additionally, 65% of the world’s arable land lies within its borders. Despite these vast resources, Africa accounts for less than 3% of global trade and only 1% of global manufacturing output—an economic imbalance that calls for urgent redress.

The historical context of this economic injustice is deeply rooted in Africa’s past. The Berlin Conference of 1884–85, orchestrated by European powers, led to the arbitrary partitioning of the continent, disregarding existing ethnic and political boundaries. This facilitated a system of forced labour and ruthless exploitation of Africa’s wealth. Under King Leopold II’s rule, for example, an estimated 10 million Congolese perished between 1885 and 1908 due to brutal colonial policies in the Congo Free State.

Similarly, the transatlantic slave trade, spanning the 16th to 19th centuries, forcibly removed millions of Africans from their homeland, stripping the continent of its human capital and leaving a legacy of suffering. The effects of these atrocities persist today in the form of systemic racism and global economic disparities.

The injustice extends beyond historical exploitation. Africa remains significantly under-represented in international financial institutions. The International Monetary Fund (IMF), for instance, allots the entire African continent the same voting share as Germany, despite its 54 sovereign nations. Additionally, biased credit rating systems label most African economies as high-risk, increasing borrowing costs and deepening cycles of debt.

One of the most striking economic paradoxes discussed during the session was Africa’s disproportionate burden in the fight against climate change. Despite contributing the least to global carbon emissions, Africa bears the brunt of climate disasters, losing up to 5% of its GDP to climate-related damages annually. Yet, from the US$10 trillion invested globally in clean energy between 2015 and 2022, Africa received just 2%. This glaring disparity underscores the need for equitable climate financing mechanisms that recognise Africa’s vulnerabilities and provide substantial funding for adaptation and mitigation.

To address these injustices, Mr. Gatete outlined five crucial pathways:

  1. Reforming the Global Financial System—Advocating for debt restructuring, fair credit assessments, and greater African representation in global financial decision-making.
  2. Harnessing the African Continental Free Trade Area (AfCFTA)—Strengthening intra-African trade, industrialisation, and regional value chains in a market of 1.5 billion people with a combined GDP of over US$3 trillion.
  3. Maximising Resource Value Addition—Shifting from raw material exports to local processing industries that create jobs and economic growth for Africans.
  4. Engaging the African Diaspora—Mobilising the global African community for economic investment, cultural partnerships, and heritage-based initiatives.
  5. Fostering Free Movement and Regional Integration—Implementing the AU Protocol on Free Movement of Persons to unlock economic opportunities and unity.

Justice for Africa is not just about historical reparations—it is about reclaiming economic sovereignty, securing fair access to global markets, and dismantling structures that sustain African dependency. As Africa asserts its rightful place on the world stage, the AU’s commitment to reparative justice serves as both a rallying cry and a strategic blueprint. The time for action is now, and the world must listen.

King Richard Igimoh is an award-winning communication strategist with over two decades of experience in the field. He excels in Diplomacy, Journalism, Economic and International Affairs. As the Group Editor and a key member of the management team at the African Leadership Organisation, he continues to contribute significantly to promoting Africa’s dignity and opportunities globally

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Nigerian Government Urges Stability as Economic Crisis Deepens https://www.africanleadershipmagazine.co.uk/nigerian-government-urges-stability-as-economic-crisis-deepens/ Mon, 05 Aug 2024 11:23:17 +0000 https://www.africanleadershipmagazine.co.uk/?p=62380 In response to ongoing nationwide protests over the escalating cost of living, Nigeria’s President Bola Tinubu in his recent address, acknowledged the pervasive economic hardships faced by Nigerians. Tinubu assured.

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In response to ongoing nationwide protests over the escalating cost of living, Nigeria’s President Bola Tinubu in his recent address, acknowledged the pervasive economic hardships faced by Nigerians. Tinubu assured citizens of his administration’s commitment to good governance and the equitable distribution of resources.

 

Expressing concern over the violence and destruction of properties, he recognized the frustrations of young Nigerians, who aspire to a more prosperous nation and conveyed his sorrow over the loss of lives and damage to public and private assets. Tinubu emphasized the need for public order and warned against any attempts to destabilize the country, urging protesters to suspend demonstrations and engage in dialogue.

 

The roots of these protests lie in Nigeria’s deep-seated economic challenges. The country’s economy, heavily reliant on oil exports, has been hit hard by fluctuating oil prices and reduced production. The World Bank reports that Nigeria’s GDP growth slowed to 2.5% in 2023, down from 3.6% in 2022, reflecting a broader trend of stagnation.

 

Inflation has further exacerbated the cost of living, eroding household purchasing power and pushing many Nigerians into poverty. The National Bureau of Statistics (NBS) reported an increase in all inflation indicators for June 2024, though the growth rate moderated slightly. Headline inflation rose to 34.2% in June 2024, compared to 22.8% in June 2023 and 34.0% in May 2024.

 

A significant aspect of the current economic crisis is the removal of subsidies. Nigeria has historically subsidized petrol and electricity, but these subsidies have become unsustainable due to rising fiscal deficits. Tinubu’s administration, since coming into power in May 2023, has partially lifted these subsidies and devalued the naira, leading to increased prices for essential goods and services. While these reforms aim to correct years of economic mismanagement, they have sparked widespread discontent.

 

As reported by the  National Bureau of Statistics, Nigeria’s unemployment rate remains alarmingly high, with youth unemployment even more pronounced. In the NBS’ latest Nigeria Labour Force Survey Q2 2023, the unemployment rate for the third quarter of 2023 stood at 5.0%, representing a significant rise from the 4.2% reported in the second quarter.

 

The protests have been organised primarily on the streets, with citizens demanding a reduction in petrol prices and electricity tariffs and broader governance reforms. Tinubu defended his administration’s economic reforms since assuming office in May 2023, including the removal of fuel subsidies and the unification of foreign exchange rates, as essential measures to correct years of economic mismanagement.

 

READ ALSO: Will the August Protest Solve Nigeria’s Economic Conundrums?

He highlighted the government’s efforts to boost revenues, reduce debt servicing, and promote growth in the non-oil sector. Additionally, he outlined initiatives aimed at improving infrastructure, creating jobs, and supporting small businesses, emphasizing the importance of building a self-reliant economy.

 

Despite a heavy-handed response from security forces and the president’s appeal for calm, demonstrations have continued, albeit with reduced intensity. In Lagos, protesters peacefully voiced their dissatisfaction, while in Abuja, the primary protest venue saw little activity.

 

The situation remains tense, with curfews imposed in certain northern regions and Plateau state following instances of violence. As the nation watches closely, the question persists: can dialogue truly address the profound economic issues at the heart of these protests?.

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Press Release: Prime Minister Philip Davis Champions Unity and Innovation at African Summit https://www.africanleadershipmagazine.co.uk/press-release-prime-minister-philip-davis-champions-unity-and-innovation-at-african-summit/ Sat, 20 Jul 2024 21:54:36 +0000 https://www.africanleadershipmagazine.co.uk/?p=62027 London, United Kingdom, July 18, 2024 Prime Minister Philip Davis of The Bahamas delivered a compelling keynote address at the opening plenary of the 9th African Leadership Magazine Summit. Speaking.

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London, United Kingdom, July 18, 2024

Prime Minister Philip Davis of The Bahamas delivered a compelling keynote address at the opening plenary of the 9th African Leadership Magazine Summit. Speaking to a distinguished audience of leaders and dignitaries, he shared transformative initiatives from The Bahamas and highlighted the shared challenges and opportunities faced by African and Caribbean nations.

Prime Minister Davis expressed his pleasure at being part of the summit and extended greetings from The Bahamas, which recently hosted the successful 2024 Afreximbank Annual Meetings and AfriCaribbean Trade and Investment Forum. With over 5,000 delegates in attendance, the event underscored The Bahamas’ commitment to leveraging the shared history and cultures of AfriCaribbean nations to enhance trade, investment, and direct transport linkages.

He emphasised the importance of engaging with a nation’s people and culture to truly understand its essence. Using The Bahamas as an example, he highlighted the commonalities and differences between the 20 countries in the Caribbean region and the 54 countries on the African continent, noting that these distinctions present both disruptions and opportunities.

Addressing the disruptions, Prime Minister Davis cited the enduring impacts of colonialism, climate change, and recent global events such as the COVID-19 pandemic. He pointed out the vulnerability of Caribbean states to climate change despite their low carbon emissions and the ongoing struggle with disaster recovery and debt cycles.

Despite these challenges, Davis identified several opportunities and innovative responses from The Bahamas. Notably, the country is pioneering the use of carbon credits to monetize its natural seagrasses, which absorb significant amounts of carbon. Additionally, The Bahamas has established a progressive legislative framework for digital assets and was the first country to introduce a central bank digital currency, the Sand Dollar.

He also highlighted The Bahamas’ efforts in global financial reforms, anti-money laundering measures, and contributions to regional peace and stability, particularly in Guyana, Venezuela, and Haiti.

Prime Minister Davis called on African and Caribbean nations to take control of their destinies by being active participants in shaping their futures. He urged leaders to show up, engage, and invest in their communities and countries, emphasising the importance of leadership and collaboration.

In closing, Davis extended a warm invitation to global investors, asserting that The Bahamas is open for business. He stressed the importance of nurturing and promoting the unique Bahamian character and spirit to attract visitors and investors alike.

“I pray that a little of our example inspires you to navigate the disruptions and seize the opportunities of our time,” Davis concluded. “As the power of Africa is unleashed and the potential and long-held promise of the continent is realised, my brothers and sisters, this you should know: The Bahamas is open for business! And in friendship and cooperation, in partnership and in solidarity, you are most welcome!”

For enquiries contact;

King Richard Igimoh

Group Editor

African Leadership Magazine

editor@africanleadership.co.uk,  king.richards@africanleadership.co.uk  

About the African Leadership Magazine Summit: The African Leadership Magazine Summit is a premier event that convenes leaders from various sectors to discuss and promote sustainable socio-economic development across Africa. The summit provides a platform for dialogue, collaboration, and the exchange of ideas to address the continent’s most pressing challenges and opportunities.

Here’s the complete speech

 

Prime Minister Philip Davis’s Keynote Address at the Opening Plenary of the 9th ALM Africa Summit

 

Noble, Honourable, Learned, Reverend and Distinguished Guests…

Ladies and Gentlemen…

Good morning.

It gives me great pleasure to be with you this morning.

Just a month ago, we in The Bahamas were delighted to host the 2024 ‘Afreximbank Annual Meetings’ and ‘AfriCaribbean Trade and Investment Forum’.

It was truly a significant event, with over 5,000 delegates attending.

At the time, I noted that, we wanted to demonstrate “the determination and commitment of The Bahamas to leverage on the shared history, identities, and cultures of AfriCaribbean nations, in order to forge significantly greater trade, investment, and direct transport linkages”.

“We firmly believe that by doing so, we will stimulate economic growth and development, and build on the opportunity to speak with a unified voice on matters such as securing global action to meaningfully address climate change.”

The event was a multi-layered success, and we congratulate the Bank and the Forum on all that was achieved.

I understand that some of you here attended in person.

I hope that, beyond those intense days of discussion and deal-making, you who did attend, seized the opportunity to see something of our beautiful country.

But if you left The Bahamas without a little bit of sand between your toes, can you say that you were there?!

But I go further.

It is not until you meaningfully engage with the Bahamian people, not until you immerse yourself in some aspect of our culture, can you really say that you’ve experienced why ‘It’s Better in The Bahamas’.

And the point, though obvious, is true of us all.

Our nations are defined by our people: by their individual talent and ingenuity, and by the collective cultural expressions which have emerged from them.

To meet our people is to know who we are.

Of the 20 countries in the Caricom region, and the 54 countries on the African continent, in so many ways, we are the same.

Not surprising given our shared histories.

But it is also true that, in so many ways we are different.

And while we celebrate those differences and the diversity of thought and expression that accompany them, it is in those spaces that we also find the disruptions and opportunities which is the focus of this Summit.

The disruptions are many: some long-term and seemingly entrenched, others shorter term, but similarly disruptive.

For example:

Consider the legacy impacts of colonialism, and the plundering of resources, for which reparations have never been paid, which has meant that our national development has been handicapped, from the first moment of Independence.

The negative impacts of climate change present a double whammy, landing two sets of disruptions upon us.

In The Bahamas and other Caribbean States, we have been rendered as some of the most vulnerable places on the planet.

We have some of the lowest carbon emissions in the world, and yet we are among the worst affected.

We are also threatened with having to pay an existential price for rising sea levels, unpredictable weather patterns, and catastrophic hurricanes which are increasingly more frequent and more severe.

Despite pronouncements to the contrary, industrialized countries which are the greatest polluters, have yet to fulfil commitments made for the Loss and Damage we suffer, particularly as a result of hurricanes.

Initiatives to cancel some forms of debt, have also not made great progress.

For countries like mine, where more than a third of our debt results from the impacts of climate change, we have been locked into a vicious cycle of ‘Disaster, Debt and Rebuild…. followed by yet another ‘Disaster’.

Hurricanes rip across our islands, leaving extensive amounts of damage in their wake.

We then have to borrow in order to repair and homes, restore the infrastructure and so on, only to have another hurricane hit a year later, inflicting even worse damage on weakened structures, and forcing us to borrow yet again.

Some of you will have your own version of this on the continent. Our hurricanes are your floods, wildfires and drought.

More recent events have highlighted some extremely harsh truths.

The COVID-19 pandemic may be over, but just as the virus still lurks around, so too do the effects of that crisis, which are seen in escalating prices, degraded healthcare infrastructures and, as I said, huge burdens of debt.

So many countries in both our regions suffer the same story of broken infrastructure and weaknesses in the supply of energy.

Many of us have young populations, desperate for jobs and opportunities, and, increasingly willing to take to the streets to agitate for them.

We struggle with our ability to deliver good healthcare, to eradicate poverty, and to promote better education for all.

As disruptive as these events are, and have been, yet still we see many silver linings, and many opportuities.

For example:

In The Bahamas, we are pioneering efforts to use Carbon Credits as a way of monetizing our natural sea grassess, which absorb more carbon than the Amazon basin.

We have implemented trailblazing legislative and regulatory frameworks to facilitate the trade in and responsible management of digital assets, especially through our ‘Digital Assets and Registered Exchanges’ Act.

And we were the first country to introduce a Central Bank digital country, the Sand Dollar.

We are also tackling what we view as unfair practices in the regulation of anti-money landering, and anti-tax evasion activities and the financing of terrorism.

We have taken a leading role in building a coalition of support to implement fundamental reforms to the global tax financial architecture, which is now being developed by a working group of the United Nations.

We have helped to facilitate peace and stability in our region, by playing an active role in the de-escalation of conflict between Guyana and Venezuela, and in contributing to the multilateral efforts to help the people of Haiti find a long-lasting solution to their troubles.

I don’t think it’s unfair to say that few people ever expected intiatives like these, from small countries like ours.

Perhaps our efforts in tourism have been a little too successful, and few can imagine much more for us than sun, sand and sea.

But Ladies and Gentleman:

There may be a limit as to how far we can prevent or dilute the disruptions that are thrown our way, a limit to the opportunties that others bring; but we have much control over how we respond to the circumstances with which we are presented.

And so, my African and Caribbean brothers and sisters,  what examples from our experience in The Bahamas can we offer that will hopefully shine at least a little light on the way forward?

Firstly, never relinquish that sense of ‘agency’, where you just sit back, content to be a ‘rule-taker’ and not a ‘rule-maker’.

Size, geography, history and all the other obvious constraints, do not have to be barriers.

While we agitate loudly to be compensated for any number of grievances and injustices, let us also focus our energy on what we can do to drive our own progress.

Next, Participate!

Show up!

Engage!

Invest!

Few things are best done alone.

Many more successes are achieved by working together.

We are here, because we believe that engagement is fundamental to progress.

Whether that engagment is bilateral or multilateral, operating at an individual, local, national or regional level, we stand to benefit.

And finally, Leadership, a concept which sits at the heart of this Summit.

In The Bahamas we are a population of only 400,000 people, scattered across some 16 main islands within an archipelago of some 700 islands.

But we do not hesitate to stand up, step up, and step forward on the issues big and small, which affect us.

I wish more voices would join us.

I wish our chorus to be louder.

Earlier I expressed the hope that our visitors left with sand between their toes, and Bahamian friendships in their hearts.

This was more than just a whimsical desire.

You see, in The Bahamas, this is how we do business.

We understand that God has blessed us with the kind of sunshine, sand and sea that make us desirable to visit.

But we also understand that it is because of our Bahamian culture, that people will want to come back again and again, and even want to stay.

We appreciate that the Bahamian character and spirit, is one that must be nurtured and promoted to make us attractive to investors the world over.

I pray that a little of our example inspires you to navigate the disruptions and seize the opportunities of our time.

As the power of Africa is unleashed, and the potential and long-held promise of the continent is realised, my Brothers and Sisters this you should know: The Bahamas is open for business!

And in friendship and co-operation, in partnership and in solidarity, you are, most welcome!

Thank you.

 

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South Africa’s Democratic Elections Shakes the Foundation of Post-Apartheid Politics https://www.africanleadershipmagazine.co.uk/south-africas-democratic-elections-shakes-the-foundation-of-post-apartheid-politics/ Wed, 29 May 2024 12:15:33 +0000 https://www.africanleadershipmagazine.co.uk/?p=61153 Today May 29th, 2024, millions of South African voters head to polling stations nationwide for the seventh democratic general election since the end of apartheid in 1994—a brutal era of.

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Today May 29th, 2024, millions of South African voters head to polling stations nationwide for the seventh democratic general election since the end of apartheid in 1994—a brutal era of racial segregation and discrimination. Nelson Mandela’s ascent to the presidency symbolized the dawn of a new era of equality and justice. Thirty years later, the political scene is strikingly different.

 

With over 27 million registered voters across 23,000 polling units, this election will determine the National Assembly’s composition and provincial legislatures’ composition, ultimately shaping the country’s leadership for the next five years.

 

The African National Congress (ANC), long regarded as a significant political force in post-apartheid South Africa, is currently confronting a notable electoral challenge. Its three-decade tenure in power has deeply ingrained the party in the nation’s political landscape, yet signs of strain have emerged. Corruption, unemployment, and declining public services have fueled widespread discontent, potentially jeopardizing the ANC’s dominance. Recent opinion polls suggest a significant shift in public sentiment, with projections indicating the possibility of the ANC failing to secure a parliamentary majority for the first time.

 

The likelihood of coalition governance has become a prominent topic, prompting discussions about the effectiveness and stability of such arrangements, particularly in a country grappling with entrenched socioeconomic disparities. While coalition governments are not unprecedented in South Africa, concerns about potential fragmentation and gridlock pose challenges to addressing existing issues. The emergence of smaller parties and independent candidates departs from the traditional power dynamics that have characterized South African politics for decades.

 

The main challengers to the ANC include the Democratic Alliance (DA), the Economic Freedom Fighters (EFF), and the newly formed uMkhonto we Sizwe (MK) party led by former President Jacob Zuma. Each party presents different visions and approaches to addressing South Africa’s challenges.

READ ALSO:  Navigating the Thorny Parts of Electoral Integrity in Africa

In addition to these parties, smaller parties like the Inkatha Freedom Party (IFP), the Freedom Front Plus (FF+), and the United Democratic Movement (UDM) also play significant roles in the political landscape, each focusing on distinct issues and constituencies.

 

The Independent Electoral Commission (IEC) faces the monumental task of ensuring a fair and transparent election. Preliminary results are expected shortly after polls close, with final results to follow in the coming days.

 

For many voters, the stakes are personal, as they hope their vote will bring about much-needed change in the country. Others see voting as a hard-earned right, reflective of South Africa’s journey from apartheid to democracy. Calls to revise constitutional provisions and overhaul existing structures resonate with a populace disillusioned by unmet promises and widening disparities.

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Addressing Corruption through Effective Leadership in Nigeria, Kenya, Egypt and South Africa https://www.africanleadershipmagazine.co.uk/addressing-corruption-through-effective-leadership-progress-and-challenges-in-nigeria-kenya-egypt-and-south-africa/ Mon, 08 Apr 2024 10:03:55 +0000 https://www.africanleadershipmagazine.co.uk/?p=60587 Addressing corruption is a critical challenge faced by many nations worldwide, particularly in developing countries like Nigeria, Kenya, Egypt, and South Africa. Corruption undermines economic development, erodes public trust in.

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Addressing corruption is a critical challenge faced by many nations worldwide, particularly in developing countries like Nigeria, Kenya, Egypt, and South Africa. Corruption undermines economic development, erodes public trust in government institutions, distorts markets, and perpetuates inequality.

Nigeria

Nigeria has long grappled with systemic corruption across various sectors, fueled by weak institutions, political patronage, and lack of accountability. Over the past six decades, it is estimated that corruption has inflicted economic losses exceeding $550 billion on the Nigerian economy. In 2021, the Economic and Financial Crimes Commission of Nigeria recovered approximately $750 million in both local and foreign currencies associated with corrupt practices and fraud.

The pervasive corruption in Nigeria contributes to the country’s weak rule of law, with the World Justice Project Rule of Law Index ranking Nigeria 120th out of 140 countries surveyed in 2022 for its vulnerability to corruption. Corruption within the justice system further exacerbates issues by causing delays and inefficiencies in the administration of justice.

Under the administration of President Muhammadu Buhari, who came into power in 2015 with a promise to fight corruption, The government launched initiatives such as the Treasury Single Account (TSA) system to consolidate government funds, the whistleblower policy to encourage citizens to report corruption, and the establishment of the Economic and Financial Crimes Commission (EFCC) to investigate and prosecute corrupt officials.

Despite these efforts, challenges persist. Political interference, judicial delays, and a lack of comprehensive legal frameworks hinder the effectiveness of anti-corruption measures. Moreover, corruption remains deeply entrenched in Nigerian society, permeating various levels of government and society. Sustaining momentum in the fight against corruption requires not only strong leadership but also systemic reforms to strengthen institutions, enhance transparency, and promote a culture of integrity.

Kenya

Similar to Nigeria, Kenya has struggled with rampant corruption, which has impeded its development and hindered efforts to alleviate poverty and promote inclusive growth. There have been efforts to address corruption, including the establishment of anti-corruption agencies such as the Ethics and Anti-Corruption Commission (EACC) and the Directorate of Criminal Investigations (DCI). Additionally, Kenya has enacted legislation such as the Public Officers Ethics Act and the Anti-Corruption and Economic Crimes Act to combat corruption.

Also, Kenya ratified the United Nations Convention Against Corruption (UNCAC) in 2003, making it the first country to do so and this convention came into force in 2005.

However, progress has been slow, and corruption remains pervasive, with high-profile scandals implicating government officials and undermining public trust. Challenges such as political interference, weak enforcement mechanisms, and a culture of impunity continue to hamper anti-corruption efforts. Effective leadership is crucial in driving comprehensive reforms, promoting transparency, and holding accountable those engaged in corrupt practices.

Egypt

In Egypt, corruption has been a longstanding issue, with nepotism, bribery, and embezzlement prevalent in both the public and private sectors. The 2011 revolution that ousted President Hosni Mubarak was in part fueled by public outrage over corruption and lack of accountability. Since then, successive governments have made efforts to tackle corruption, including the establishment of anti-corruption bodies such as the Administrative Control Authority (ACA) and the National Anti-Corruption Commission.

Egypt’s standing in global corruption rankings is sobering, as it holds the 130th position out of 180 countries, according to Transparency International. This designation places Egypt in the red zone, signaling alarming levels of corruption. Despite concerted efforts by numerous government bodies to combat corruption, such as the Administrative Control Authority and the Central Auditing Organisation, the nation continues to grapple with pervasive corruption issues. Remarkably, Egypt boasts over 26 regulatory agencies dedicated to tackling corruption, yet the prevalence of corruption-related arrests and scandals persists, both domestically and abroad.

Since the launch of Egypt’s National Anti-Corruption Strategy in 2014, the country’s corruption index has experienced a worrying decline. From a relatively better ranking of 94 in 2014, Egypt has plummeted to the 130th position in 2022. Notably, even those entrusted with enforcing anti-corruption measures have found themselves embroiled in corruption scandals. These challenges underscore the complexity of addressing corruption within the nation’s institutions.

Despite the profound impact of corruption on Egypt’s economy and society, there remains a lack of precise estimates of its scale and cost. Nevertheless, previous estimates indicate significant losses, with figures ranging from approximately $37 billion annually, according to the Egyptian Centre for Transparency and Integrity, to a staggering 600 billion pounds in just four years, as suggested by former head of the Central Auditing Organisation, Hisham Genena.

Addressing corruption effectively requires multifaceted strategies, including independent judicial and administrative actions, fair trials, transparency enhancements, and stringent oversight across governmental sectors. However, systemic challenges such as limitations on regulatory agencies and media censorship continue to impede progress in combating corruption in Egypt.

There have been renewed efforts to combat corruption, with initiatives aimed at improving transparency, streamlining bureaucratic processes, and enhancing accountability. However, challenges such as lack of independence of anti-corruption agencies, limited access to information, and a culture of impunity persist. Effective leadership is essential in driving systemic reforms, strengthening institutions, and fostering a culture of integrity and accountability.

South Africa

South Africa has been plagued by corruption scandals that have tarnished the country’s reputation and undermined public confidence in government institutions. The administration of former President Jacob Zuma was marred by allegations of widespread corruption, culminating in his resignation in 2018 amid mounting pressure from the public and the ruling African National Congress (ANC) party.

South Africa’s corruption perception hits a 12-year low, falling below the global average, reports Transparency International. With a forthcoming election, the nation’s reputation suffers due to economic woes and corruption allegations. The ruling party’s support drops as accusations of cronyism abound.

The country joins 23 others hitting record lows on the democracy scale. 80% of the world resides in countries scoring below the global corruption average. Despite public exposés and investigations, few face justice. Reports of corruption under former President Jacob Zuma remain unresolved. The ongoing narrative reflects a grim tale of inequality and injustice since apartheid. South Africa’s standing on the corruption index aligns it with Burkina Faso, Vietnam, and Kosovo. The 2023 report highlights global governments’ failure to curb corruption.

President Cyril Ramaphosa emphasized the need for transparency, accountability, and good governance, launching initiatives such as the Commission of Inquiry into State Capture to investigate allegations of corruption and malfeasance. However, entrenched corruption networks, political polarization, and institutional weaknesses pose significant challenges to anti-corruption efforts.

Effective leadership is critical in driving meaningful reforms, strengthening institutions, and promoting a culture of integrity and accountability. While progress has been made in Nigeria, Kenya, Egypt, and South Africa, challenges necessitating sustained commitment from leaders remain to combat corruption and foster inclusive development.

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Hon. Jonathan Fonati Koffa receives the African Outstanding Lawmaker Award in London https://www.africanleadershipmagazine.co.uk/hon-jonathan-fonati-koffa-received-the-african-outstanding-lawmaker-award-in-london/ Wed, 19 Jul 2023 12:23:44 +0000 https://www.africanleadershipmagazine.co.uk/?p=57950 We are elated to announce the triumphant recognition bestowed upon Honourable Cllr. Jonathan Fonati Koffa, the esteemed Deputy Speaker of Liberia’s National House of Representatives. His exceptional and pioneering contributions.

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We are elated to announce the triumphant recognition bestowed upon Honourable Cllr. Jonathan Fonati Koffa, the esteemed Deputy Speaker of Liberia’s National House of Representatives. His exceptional and pioneering contributions to empowering women and driving legislative and oversight excellence in Liberia have earned him the prestigious African Outstanding Lawmaker Award. This distinguished honour was proudly presented during the illustrious 8th African Summit in London, UK, by none other than the reputable African Leadership Magazine, UK.

Some of the key guests at the summit include His Royal Majesty, Ogiame Otuwatse III, Olu of Warri, Nigeria; Hon. Dr. Renganaden Padayachy, Minister of Finance, Economic Planning, and Development, Mauritius; H.E. RindraHasimbelo, Rabarinirinarison, Minister for Economy and Finance, Madagascar; Hon. Johnny Ohisa Damian, Governor, Bank of South Sudan; Baroness Sandy Verma, Member of the UK House of Lords; Lord Dolar Popat, Member of the UK House of Lords; Mrs. Josielle Rafidy, CEO, Economic Development Board of Madagascar; Prof. Muhammed Bello Abubakar, Managing Director/CEO, Galaxy Backbone Limited, Nigeria; and others.

The journey of Honourable Cllr. Jonathan Fonati Koffa in public service has been nothing short of extraordinary, marked by a trail of remarkable achievements. As a visionary leader, his indefatigable advocacy for women’s empowerment in Liberia stands as a beacon of inspiration. His unwavering dedication to creating a nurturing environment for women to flourish across diverse sectors is truly commendable.

Furthermore, Cllr. Koffa has played a pivotal role in shaping and fortifying the legislative processes within Liberia. His unwavering commitment to transparent governance and effective oversight has been a driving force behind the nation’s progress and advancement.

The African Outstanding Lawmaker Award is an emblem of distinction, recognising individuals who have exemplified exceptional leadership, steadfast commitment, and a profound impact in their capacities as lawmakers. The rigorous selection process ensures that only the most deserving candidates receive this prestigious accolade, and Cllr. Koffa’sinclusion among the recipients is a testament to his unwavering service and dedication.

During the 8th African Summit in London, UK, Honourable Cllr. Jonathan Fonati Koffa delivered an eloquent and thought-provoking speech titled “African Investment and Partnership: A Reflection on Africa-United Kingdom Trade Relations.” In his address, he shed light on the paramount importance of fostering strategic alliances between African nations and the United Kingdom to drive mutual growth and development.

 

Cllr. Koffa emphasised the necessity of bolstering economic ties, facilitating trade, and attracting foreign investments to fuel Africa’s progress. He brilliantly illuminated the continent’s vast potential and abundant resources, rendering it an alluring and fruitful destination for investors seeking sustainable and impactful opportunities.

Moreover, the Deputy Speaker fervently championed the cause of women’s empowerment in Liberia. He passionately underscored the instrumental role women play in the nation’s development and highlighted the urgent need to provide them with equal opportunities to actively partake in decision-making processes.

Recognising gender equality as a cornerstone for sustainable development, Cllr. Koffa ardently urged policymakers and stakeholders to persevere in crafting an all-inclusive environment that champions women’s rights and upholds gender equity.

Another noteworthy aspect of Cllr. Koffa’s address centred on the imperative of strengthening Liberia’s legislative framework and oversight mechanisms. He eloquently expounded on the pivotal role laws and regulations play in fostering a fair and equitable society.

Cllr. Koffa provided valuable insights into the House of Representatives’ concerted efforts to enact laws that address societal challenges and foster overall growth. He poignantly highlighted the significance of effective oversight in holding public officials accountable and safeguarding the public interest.

The recognition bestowed upon Honourable Cllr. Jonathan Fonati Koffa with the African Outstanding Lawmaker Award stands as a testament to his unwavering dedication to advancing women’s empowerment and championing legislative excellence in Liberia. His exemplary leadership and far-sighted vision have left a golden mark on the nation, eliciting international acclaim.

We wholeheartedly extend our sincerest congratulations to Cllr. Koffa for this well-deserved accolade. His remarkable achievements and resolute commitment to ushering in positive change serve as an enduring source of inspiration for us all.

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Olori Ògíamẹ̀ Atúwàtse III wins African Leadership Magazine Pearl Award in London https://www.africanleadershipmagazine.co.uk/olori-ogiame-atuwatse-iii-wins-african-leadership-magazine-pearl-award-in-london/ Mon, 17 Jul 2023 14:46:31 +0000 https://www.africanleadershipmagazine.co.uk/?p=57939 London, UK: Her Royal Highness, Olori Ògíamẹ̀ Atúwàtse III, Queen Consort of Warri Kingdom, Nigeria, has won the prestigious African Leadership Magazine Pearl Award. The award was presented to her by.

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London, UK: Her Royal Highness, Olori Ògíamẹ̀ Atúwàtse III, Queen Consort of Warri Kingdom, Nigeria, has won the prestigious African Leadership Magazine Pearl Award. The award was presented to her by the African Leadership Magazine, UK, during the 8th edition of the ALM Africa Summit 2023, which was held at The Dorchester Hotel, London, United Kingdom, on Tuesday, July 11th, 2023, with the theme New Opportunities for African Investments, Partnerships, and Collaborations.

The Award is in recognition of her exemplary leadership and profound impact on the Warri Kingdom. This prestigious honour recognises her remarkable contributions and serves as an inspiration to individuals across the African continent.

The 8th African Summit, 2023, brought together prominent leaders, visionaries, and influencers from across Africa and the globe. Such as Policymakers, private sector leaders, and civil society leaders, amongst others, to discuss issues bothering the promotion of African trade and investments globally. Some of the speakers that attended the event in London included; The husband of the Olori, His Royal Majesty, Ògíamẹ̀ Atwàtse III, Olu Of Warri Kingdom, Baroness Sandy Verma, a member of the UK House of Lords; Lord Dollar Popat; UK Prime Minister Rishi Sunak; Hon. Renganaden Padayachy, Minister of Finance, Economic Planning, and Development, Mauritius; Hon. Seedy Sk Nije, Deputy Speaker, National Assembly of The Gambia, amongst other political, business, and policy leaders.

The summit provided a unique opportunity for networking, knowledge sharing, and collaboration, with a focus on fostering sustainable development and economic growth in Africa.

The African Leadership Magazine Pearl Award is an esteemed recognition that celebrates outstanding leaders across various sectors. It is a testament to the exceptional leadership and remarkable contributions made by individuals from the African continent. This esteemed accolade recognises Her Royal Highness, Olori Ògíamẹ̀ Atúwàtse III, for her outstanding dedication and service to her community, as well as her significant impact on the Warri Kingdom, where she has demonstrated exceptional leadership qualities and a steadfast commitment to the betterment of all. Through her tireless efforts, she has spearheaded numerous initiatives under the guidance of her husband that have positively transformed the lives of the people via community empowerment programmes.

 

African Leadership Magazine is a leading pan-African publication based in the United Kingdom that focuses on showcasing the best of Africa to the world. Through its various platforms, the magazine highlights success stories, profiles influential leaders, and promotes the continent’s economic, political, and social progress.

 

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Uganda takes solar light installation to the next level. https://www.africanleadershipmagazine.co.uk/uganda-takes-solar-light-installation-to-the-next-level/ Thu, 19 Jan 2023 11:09:41 +0000 https://www.africanleadershipmagazine.co.uk/?p=55090 With the aim of providing a safe, clean and accessible market with appropriate infrastructures the government of Uganda has embarked on the massive installation of Solar lights across the country.

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With the aim of providing a safe, clean and accessible market with appropriate infrastructures the government of Uganda has embarked on the massive installation of Solar lights across the country beginning with one of its major markets called Owino.

The rehabilitation of this market, commonly known as Owino, is expected to boost economic and retail activities for local businesses.
Owino, along side other 16 majors were recently taken over through a presidential directive by the government for proper management and building of infrastructure.

The Executive Director of The Kampala Capital City Authority (KCCA) Dorothy Kisaka that is charged with the responsibility of installing the solar lights, recently visited the market to inspect the ongoing works and was received by joyous traders who are elated by the development the government has brought to the markets.

In her remarks during the launching of the event, she said; “I want to thank the government who got us friends to support us to pave our market. We all want smart markets where we can trade safely.”

She revealed that the revitalisation of the Owino market being done through the support provided by the United Nations Development Program (UNDP).

“We are doing all these in line with the presidential directive which gave us the mandate to take over the management of the market,” Kisaka said.

Following the presidential directive in November 2021, KCCA took charge of the administration of the market, security, sanitation and hygiene, and revenue collection.

Since then, KCCA has deployed its staff such as Market Masters, Administrators, and Enforcement personnel to provide security.
In appreciation, Deo Walusimbi, the chairperson Owino Market Produce trading section, commended KCCA for installing the pavers and lights in the market.

“This will improve the hygiene and sanitation of the market. We have been operating in a muddy place but now our market will be clean and smart,” Walusimbi said.
He also called for more development partners to support them to improve the smartness of the market.

Jovia Naluga the Owino Market Master said since KCCA took charge of the market, sanity has been restored and vendors are happy that the directives of the president are being implemented.
“These lights will help us with security and extend the working hours of the market. We are appreciative of the development partners,” Naluga said.

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Africans should be in the UN Security Council says merciful China. https://www.africanleadershipmagazine.co.uk/africans-should-be-in-the-un-security-council-says-merciful-china/ Wed, 18 Jan 2023 16:26:22 +0000 https://www.africanleadershipmagazine.co.uk/?p=55087 China is advocating for a place for Africans in the UN Security Council. Chinese Foreign Minister Qin Gang has said Africa should have a greater voice in the UN Security.

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China is advocating for a place for Africans in the UN Security Council.
Chinese Foreign Minister Qin Gang has said Africa should have a greater voice in the UN Security Council and other international bodies, something the continent’s leaders have long called for.
Qin made the call in a statement issued after meeting the head of the African Union Commission Moussa Mahamat Faki in Ethiopia’s capital Addis Ababa, recently.

“We should boost the representation and voice of developing countries, especially those of African countries, in the UN Security Council and other international organizations,” he said.

Qin, who is on his first overseas visit as foreign minister, rallied countries to work together “to make the global governance system more just and equitable”.
“Africa should be a platform for international cooperation, not an arena for competition between major countries,” he said.
The African Union has sought to shake up its relations with the world and has called for two permanent African members on the powerful council, saying African issues make up most of the council’s business.

The United Nations Security Council (UNSC) is one of the six principal organs of the United Nations and is charged with ensuring international peace and security, recommending the admission of new UN members to the General Assembly, and approving any changes to the UN Charter. Its powers include establishing peacekeeping operations, enacting international sanctions, and authorizing military action. The UNSC is the only UN body with the authority to issue binding resolutions on member states.

Like the UN as a whole, the Security Council was created after World War II to address the failings of the League of Nations in maintaining world peace.

Proposals to reform the Security Council began with the conference that wrote the UN Charter and have continued to the present day. As British historian Paul Kennedy writes, “Everyone agrees that the present structure is flawed. But consensus on how to fix it remains out of reach.”

Former UN Secretary-General Kofi Annan asked a team of advisers to come up with recommendations for reforming the United Nations by the end of 2004. One proposed measure is to increase the number of permanent members by five, which, in most proposals, would include Brazil, Germany, India and Japan (known as the G4 nations), one seat from Africa (most likely between Egypt, Nigeria, or South Africa), and/or one seat from the Arab League. On 21 September 2004, the G4 nations issued a joint statement mutually backing each other’s claim to permanent status, together with two African countries. Currently, the proposal has to be accepted by two-thirds of the General Assembly (128 votes).

The permanent members, each holding the right of veto, announced their positions on Security Council reform reluctantly. The United States has unequivocally supported the permanent membership of Japan and lent its support to India and a small number of additional non-permanent members. The United Kingdom and France essentially supported the G4 position, with the expansion of permanent and non-permanent members and the accession of Germany, Brazil, India, and Japan to permanent member status, as well as an increase in the presence of African countries on the council. China has supported the stronger representation of developing countries and firmly opposed Japan’s membership.
The permanent members of the United Nations Security Council (also known as the Permanent Five, Big Five, or P5) are the five sovereign states to whom the UN Charter of 1945 grants a permanent seat on the UN Security Council: China, France, Russia, the United Kingdom, and the United States.
The permanent members were all allies in World War II (and the victors of that war), and are all states with nuclear weapons. All have the power of veto which enables any one of them to prevent the adoption of any “substantive” draft Council resolution, regardless of its level of international support. The remaining 10 members of the UN Security Council are elected by the General Assembly, giving a total of 15 UN member states.

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Egypt, Huawei team up to birth first Eco -friendly wireless network in Africa. https://www.africanleadershipmagazine.co.uk/egypt-huawei-team-up-to-birth-first-eco-friendly-wireless-network-in-africa/ Wed, 18 Jan 2023 16:04:11 +0000 https://www.africanleadershipmagazine.co.uk/?p=55084 Telecom Egypt, the country’s first integrated telecom operator, in collaboration with Huawei Technologies, one of the world’s top providers of information and communications technology (ICT) infrastructure and smart devices, has.

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Telecom Egypt, the country’s first integrated telecom operator, in collaboration with Huawei Technologies, one of the world’s top providers of information and communications technology (ICT) infrastructure and smart devices, has announced the activation of the first eco-friendly wireless network tower made of Fiber Reinforced Polymer (FRP).

Through this collaboration, Telecom Egypt becomes the first operator in Africa to install this green tower. The material used for building the tower emits less Co2 than steel, the alternative. Highly resistant to wind and high temperatures, the tower is approximately 18m high, with a special camouflage fence made of environmentally friendly materials. It supports wireless network antennas and radio units featuring the latest energy-saving technologies and is partially powered by solar cells.

The Managing Director and CEO of Telecom Egypt, Adel Hamed, said that the implementation of this type of mobile site in Egypt is unprecedented. It underscores the efforts of all those in charge of the project, and their ability to implement the entire site in a timely and systematic manner, as per the highest international green quality standards.
Hamed further explained that Telecom Egypt’s green sites also feature the latest Radio Access Network technologies, such as radio units optimized to offer top performance with 40% less energy consumption than traditional sites.
These new technologies also contribute to improving the signal quality by about 20%, compared to regular antennas, this means that fewer base stations need to be installed resulting in a lower environmental footprint and an additional step towards environmental sustainability, Hamed added.

Jim Liu, CEO of Huawei Egypt confirmed that the company is focused on developing the infrastructure of Information and Communication Technology in Egypt. That is why Huawei has joined hands with Telecom Egypt, one of the largest telecommunications companies in Egypt and the Middle East.
Liu added that Huawei is keen to provide suites of innovative technologies to save energy in order to build a sustainable low-carbon future. He also pointed out that recent studies show that FRP poles produce 43% less carbon dioxide emissions, compared to steel, and also reduce end-to-end energy consumption by nearly half during manufacturing and shipping.

Liu also explained that energy solutions for green sites depend on passive cooling, which eliminates the need for air conditioning and thus leads to a 47% reduction in energy consumption compared to sites with equipment rooms. Finally, Liu noted that the site is fitted with solar panels providing about 2 kilowatts, leading to an additional 20% reduction in carbon dioxide emissions.

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