On the front page: promises and more promises ...

Audio 04:27

The summit in Paris.

© REUTERS

By: Frédéric Couteau Follow

9 mins

Publicity

Will this Paris summit on Africa which was held yesterday only end in a succession of pious wishes?

For

Le Monde Afrique

, " 

in the light of the promises made yesterday, it is difficult to say that this summit will constitute the starting point of a

" New Deal "

of financing for Africa, as Emmanuel Macron had wished. .

No firm commitment will have been made at the end of the conference.

The participants simply stated that they would continue the discussions around Special Drawing Rights

(SDRs),

those monetary assets of the International Monetary Fund which can be converted into foreign currencies. Thanks to a global issue of SDRs of 650 billion dollars, the principle of which has already been recorded, 33 billion should automatically return to Africa, through the game of quotas within the institution. However, this is 285 billion dollars

, points

Le Monde Afrique

,

which Africa will need by 2025 to be able to counter the effects of the pandemic, according to the IMF. Yesterday, Emmanuel Macron announced that he wanted to reallocate the SDRs going to France to the continent, and called on all rich countries to do the same to reach a total of $ 100 billion. A

"political agreement"

could take place at the next G7 or G20 summit, between June and September, he said.

 "

Who will pay ?

So, " 

who to spit in the basin of the continent?"

 “,

Asks

Today

in Ouagadougou

.

Calling for the generosity of the great powers towards the heavily indebted poor countries of Africa is one thing ... and another

(the most difficult)

is to succeed in convincing them of the need to provide assistance to get these countries out of the country." economic rut in which they have been swimming for ages.

Emmanuel Macron, who cast a wide net

(outside the French pre-square)

during this summit, will therefore have to row hard and use all of its qualities so that the more fortunate will agree to put their hands in their pockets.

And that Africans also learn to produce wealth instead of wanting to hold out the bowl every time.

Otherwise, Paris will have hosted one more summit and nothing else.

 "

The sea serpent of good governance ...

To produce wealth, one of the sine qua non conditions is good governance,

notes Ledjely in Guinea

.

And “ 

the basic problem is the irresponsibility and inconsistency of the continent's elite as a whole.

An elite for which the misery of Africans is more a slogan of circumstance than a genuine concern.

 (…)

Indeed

, exclaims Ledjely,

What was the use of the colossal debt that our leaders seek to cancel, if not to fatten the elite around them?

Moreover, how is it that leaders who are quick to brandish the argument of sovereignty as soon as they are challenged on the way they run their countries, are always inclined to reach out and want to arouse compassion? of the world ?

How is it that these leaders do not find mechanisms for internal mobilization of the resources they need for the development challenges of their countries?

However, it would suffice to guarantee an environment, Ledjely points out, which would reassure both local and foreign investors.

As risk perception becomes more favorable at the same time, the continent could then borrow at more reasonable rates. 

"

Le Nouvel Observateur

in Kinshasa is on the same line: “

Africa must stop becoming this eternal beggar by coming to participate in fairs where rich nations come to decide its future.

To achieve this we need leaders and intellectuals concerned with collective values ​​and social progress.

Leaders who come to serve and not to serve themselves.

 "

Hurry up…

In the meantime, there is an emergency,

underlines

L'Informateur

à Bamako

, who takes the example of Mali: “

Although the Covid-19 pandemic has relatively spared Mali, its economy is in the red.

Gross domestic product would have contracted by 2% in 2020, according to the World Bank, reflecting supply difficulties and domestic restrictions.

Added to this is a drop in cotton production and poor performance of the agricultural sector, factors worsening poverty, especially in rural areas. 

"

If nothing is done,

 " points out

The Informer

, in total, " 

39 million Africans could fall into poverty in this year 2021.

 "

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