Grim omen as ECOWAS loses Burkina, Mali, Niger
Olukayode OyeleyeJanuary 30, 2024
CULMINATION OF EVENTS since the nearly past four years in West Africa are now crystallising. The latest was the announcement made on Sunday in Bamako, Ouagadougou and Niamey in the joint statement to formally signify the withdrawal of Mali, Burkina Faso and Niger from the Economic Community of West African States (ECOWAS). Whether or not […]
Aid, loans, commodity exports and prospects of Africa’s prosperity (6)
Olukayode OyeleyeJanuary 22, 2024
Nestory Fedeliko (FEDE) produced this cartoon for the LSE Africa Summit 2015 PERSPECTIVE, DIRECTION AND FOCUS, these three major areas of consideration require African nations’ undivided attention if the continent is to make any remarkable progress in the future. Till now, African perspectives in areas of existential importance are at best tied to the […]
Aid, loans, commodity exports and prospects of Africa’s prosperity (5)
Olukayode OyeleyeJanuary 16, 2024
GLOBAL VALUE CHAINS when applied to commodities, ipso facto, presuppose unbroken links in values addition to and movement of commodities worldwide. In reality, however, much lies beneath and within the expression that appears to be different from what it suggests, prima facie. Competition in global trade has been treated for so long as brutal, non-sentimental, […]
Aid, loans, commodity exports and prospects of Africa’s prosperity (4)
Olukayode OyeleyeJanuary 9, 2024
POLITICAL ANAESTHESIA called democracy had numbed the diplomatic sense of Niger Republic until July 26, 2023, when the military junta struck and removed Mohamed Bazoum as president, thus truncating his democratic regime. Despite the local, regional and international outcry, resistance and threats of forceful removal of the new military regime, the junta held its ground, […]
Aid, loans, commodity exports and prospects of Africa’s prosperity (3)
Olukayode OyeleyeJanuary 2, 2024
EMPIRE-BUILDING AFRICAN leaders have done much damage to the prospects of Africa since the exit of colonisers and the end of their direct or indirect rule, or involvement in the daily affairs of the state. While argumentative analysts make endless references to the plundering of Africa’s resources during the colonial era and the brutal abductions […]
Aid, loans, commodity exports and prospects of Africa’s prosperity (2)
Olukayode OyeleyeDecember 26, 2023
SUSTAINABILITY OF FOREIGN AID to Africa is prone to a lot of challenges as the world increasingly comes under pressure that demands more use of resources in more areas that come under an array of crises. The aftermath of those crises in the forms of those from natural and anthropogenic causes continues to make a […]
Aid, loans, commodity exports and prospects of Africa’s prosperity (1)
Olukayode OyeleyeDecember 19, 2023
QUESTIONS ABOUT CONTINUOUS dependence on foreign aid by African countries are indeed worrisome indicators of past failures that are still prevalent all across the continent. The fact that much of the causes of Africa’s aid dependence are rooted in history is not an excuse for the persistence of aid dependence. This does not also vindicate […]
Insurance: True Stories
Ekerete Ola Gam-IkonDecember 13, 2023
The insurance industry in Nigeria “suffers in silence” because nobody wants to see anybody suffer due to making reports that can lead to the prosecution of the other(s). Whether they be fraudulent policyholders or professional colleagues, so many have been allowed to walk away without news reports or referring them to law enforcement agencies. Little […]
When Africa transitions to knowledge economy (3)
Olukayode OyeleyeDecember 12, 2023
MAY 2013 WAS A MONTH when African political leaders stood on the watershed, on the cusp of an era in history. The year was also remarkable on account of a far-reaching decision taken in that month of May. They looked backward at the past 50 years since the formation of the Organisation of African Unity […]
When Africa transitions to knowledge economy (2)
Olukayode OyeleyeDecember 4, 2023
AT THE PERIPHERY OF global economic future stands Africa. As a continent, Africa is yet to begin any serious attempt to grow, develop and compete on the global economic turf in the future. There are a multiplicity of factors for this bleak outlook. Strategic Intelligence mentioned earlier is a core aspect of Africa’s predicament. Taken […]