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AFRICABIZ VOL 1- ISSUE : 9
JANUARY 15 - FEBRUARY 14, 2000
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Editor: Dr. Bienvenu-Magloire Quenum
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A WORD FROM THE EDITOR

 
Dear visitor and international investor,

If this is your first visit to AFRICABIZ monthly on-line issue - The ultimate newsletter on trading and investing in 48 sub-Saharan African countries - I warmly welcome you.

If you are a regular and faithful reader, welcome back.

So, we have seen it all now; the doomsday didn't show up! The bug didn't bite as feared; only few glitches around the world; even Africa has done well contrary to the prediction of specialists.

What is the lesson? Was it a hyped affair or was it that the preparation to avoid the doomsday was perfectly implemented and coordinated worldwide?

I personally opt for the second alternative; the bell was sounded long in advance and preparation well performed to win the war against the bug.
That is a blatant proof that solutions can be found on a worldwide basis to solve or eradicate problems that otherwise may turn out to be serious obstacles to the prosperity of the entire humanity.

At the beginning of this new millennium two events occurred which are very important for the development of the African continent:

  • the change of the political regime in Ivory Coast (December 24, 1999).

  • the decision of the United States of America to consider HIV / AIDS as a security treat (January 10, 2000).

Vice-president Al Gore of the United States of America urged other nations to consider the AIDS epidemic a true threat to peace in Africa and make it a priority on the world's security agenda.

Africa hardily hits by AIDS; Graphyc from CNN"The heart of the security agenda is protecting lives, and we now know that the number of people who will die of AIDS in the first decade of the 21st century will rival the number that died in all the wars in all the decades of the 20th century," Vice-President Al Gore said.
"We tend to think of a threat to security in terms of war and peace" Gore - on Monday January 10 - told the United Nations Security Council in the first speech ever by a U.S. vice president to the 15-member body. "Yet no one can doubt that the havoc wreaked and the toll exacted by HIV/AIDS do threaten our security...This meeting demands of us that we see security through a new and wider prism, and forever after, think about it according to a new, more expansive definition." he added.

These are tremendous news directly linked to the harmonious development of the African continent; for the following reasons:

A - The toppled Ivorian regime of President Henri Konan Belie initiated and persisted on the implementation of a nationalistic policy based on the concept of "Ivoirité" - only are eligible to the highest governmental positions in Ivory Coast those born from parents who are both born Ivorian - which consequence will be a disastrous debase of the whole West Africa region.

  • Since the inception three years ago of that concept, the country was heading straight towards a civil and religious war between the Northern region populated with Mohammedan believers and the Southern region populated with Christians.

  • The occurrence of such a catastrophic event would have been a drama for the whole Western Africa region - 40% of Ivory Coast population came from the surrounding countries - which had already suffered the atrocious civil wars of Liberia and Sierra Leone.

Now, African and international investors can breath in deep relieve as the new mixt military / civil regime in charge of transitional administration of Ivory Coast is erasing these controversial laws related to the nationalistic concept of Ivoirité and is taking measures to reassure all neighboring countries citizens living on Ivory Coast territory.

B - AIDS is heavily detrimental to the development of Africa; AIDS has devastated the economic and social fabric of Africa, taxing already poverty-stricken health systems, robbing countries of their most productive members:

  • Education, police and health administrations are becoming increasingly dIsorganized throughout the whole continent due the the heavy death toll in the ranks of the civil servants of many African government departments

  • 23.3 million Africans are infected with HIV or AIDS; 70 percent of the world's total
  • 11 million African orphans are created by AIDS epidemic; 90 percent of Africa's total of orphans
  • In 1998, 200,000 Africans died from wars; 2.2 million died of AIDS
  • Life expectancy in Africa, which had reached 59, will drop to 45 between 2005 and 2010 because of AIDS

Source: http://www.unaids.org/

Now that HIV / AIDS is recognized as a threat to security by the international community led by the United States of America, let's hope that a coordinated effort like the one engineered against the Y2K bug will be established to help:

  1. organizing research work worldwide to find adequate and affordable medicine against this fatal legacy of past millennium.

  2. providing substantial financial assistance to African countries to increase their global infrastructure for fighting the disease.

These above mentioned two events are portent of great hope for the stability and better development of the African continent. They are good news for investors.

Please visit AFRICABIZ DISCUSSION BOARD and express your opinion.

FOR BACKGROUND FACTS ON THE CHANGE OF REGIME IN IVORY COAST CLICK HERE

Many thanks for dropping by and see you here next month.

Dr. B.M. Quenum
Editor of AFRICABIZ
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