Businessafrica.net Newsletter ISSN 1563-4108
Dr. QUENUM & ASSOCIATES
INVESTMENT AND BUSINESS PLANNERS

Tel: +1 440 941 5187
Click here for contact & support console


Click here to Purchase Africans, Stop Being Poor!
FACTS TO THE POLITICAL CRISIS IN IVORY COAST
THE FOUNDING FATHER HOUPHOUET-BOIGNY ERA

Africabiz Online Home
Jobs Bidding
Current
Financing
Opportunities
Desktop Control
Add Links
Dynamic News
Developing News
MediaKit
FAQ
Contact-Support
Site Search by Freefind

Only US$12.75
Achetez Africains, Refusez de Rester Pauvres!


From 1945 till December 7, 1993, Ivory Coast was under the leadership of a wise and politically experienced statesman, President Felix Houphouet Boigny who had been:

  1. Cote d' Ivoire's elected member to the French National Parliament from October 1945 to January 1956.

  2. Minister in several French Council of ministers from February 1956 to May 20, 1959.

  3. Prime Minister of the self-government of Côte d'Ivoire from May 21, 1959 to August 6, 1960.

  4. Cote d'Ivoire's Head of State from August 7, 1960 to December 7, 1993.

President Felix Houphouet Boigny adopted free enterprise as political and economic development strategy to rule his country, and attract foreign investment.

That was a remarkable contrarian move, in total opposition to the politically correct tendency existing in the 1960s amongst the majority of African leaders, who opted for state run economy.

He managed - for four decades running - to mobilize, and develop strong political and economic relations with the former colonial power - France. Therefore, France provided sustainable assistance to drive the country upward on the economic development path.

Houphouet elaborated and relentlessly implemented an open door policy to attract
brains and hands from Benin (Dahomey), Niger, Burkina-Faso (Haute Volta), Mali, Senegal, Guinea Conakry, Mauritania and Togo, the former member-states of West African French speaking countries.

These migrants contributed very significantly to the 25 years (1960-1985) to the so-called "Ivory Coast Economic Miracle." That is a strong economic development growth based on the cultivation of cash crops: cocoa, coffee, banana, palm oil, and pineapple.

The heavy decline of cash crops prices on the international market in mid 1980s, coupled with the mismanagement of funds gained during the prosperity period of the 1970's, drove down the economy, and the government was obliged to require the assistance of international financial institutions, the IMF and the World Bank.

To assist him manage the economic recovery, President Houphouet appointed as Prime minister, on January 1990, a new man to the Ivorian political scenery, Alassane Dramane Ouattara - head of the West African Economic and Monetary Union (UEMOA)

Alassane Dramane Ouattara
was born on January 1, 1942, at Dimbokro, in the central part of Ivory Coast. His ancestral family home is located at Kong - in the Northern region of Ivory Coast - from a father born in Upper-Volta (Burkina Faso) - but residing in Ivory Coast - and a mother native from the Northern region of Ivory Coast.


Alassane Dramane Ouattara had been the unique Prime Minister ever appointed by President Houphouet.

He held the position till the death of his mentor, and resigned on December 9, 1993 - two days after the designated constitutional heir, Henri Konan Bedie, grabbed the state power.


Country briefs
Click for Bedie's era
More on Ivory Coast's crisis

Bedie as head of state of Ivory Coast

FREQUENTLY ASKED QUESTIONS
AFRICA'S DYNAMIC NEWS HEADLINES

COUNTRIES BRIEFS
OFFERS ON TROPICAL COMMODITIES


Africabiz Newsletter

 
Click here to review million of Free Auctions and Classifieds
Click here for banners positioning and pricing

Subscribe to Africabiz RSS Feed Africabiz Online's Copyright 1997 - 2017 by Dr. Quenum & Associates and registered at main Internet's and RSS Feed's Directories as Africabiz

SEARCHING FOR SUCCESS IN HOME BUSINESS?
YOU NEED A COMPUTER & THE RIGHT KNOWLEDGE & TIPS

Click Here to Download Free eBooks for Successful Home Business