News / Africa

    Ouattara Says Nationalizing Ivory Coast’s Cocoa Sector is ‘Stealing’

    Ivory Coast's internationally recognized president Alassane Ouattara  (R) chats with Koen Vervaeke, EU's Ambassador to the African Union during his meeting with around 30 diplomats on March 11, 2011 in Addis Ababa
    Ivory Coast's internationally recognized president Alassane Ouattara (R) chats with Koen Vervaeke, EU's Ambassador to the African Union during his meeting with around 30 diplomats on March 11, 2011 in Addis Ababa

    Ivory Coast’s internationally recognized president-elect has described the nationalization of the country’s cocoa industry as ‘stealing’ and promised to reverse a period of economic decline.

    A day after receiving a vote of confidence from the African Union, Alasanne Ouattara met with AU accredited diplomats to brief them on his plans as Ivory Coast’s next president. There was no immediate word on when he might be sworn in, though the AU Peace and Security Council ordered the head of Ivory Coast’s Constitutional Court to conduct the ceremony promptly.

    Speaking to reporters Friday, the United Nations certified winner of last November's presidential elections said he would immediately undo incumbent President Laurent Gbagbo’s move to nationalize the cocoa sector. He said the takeover of an industry that produces more than 1/3 of the country’s revenue amounts to theft.

    "It’s not nationalization. It’s stealing. Because clearly as they did with the banks, now they are trying to rob people, businesses, both Ivorians and foreigners. Obviously they’re not looking for the welfare of the people of Cote d’Ivoire but that will change in a few days," he said.

    Ouattara’s comments echoed reaction of the United States and other countries that have condemned Gbagbo’s nationalization move. Experts, however, say the government takeover is unlikely to have much effect, since a ban was imposed on Ivory Coast’s cocoa imports after Gbagbo refused to recognize the results of the presidential runoff vote.

    Ivory Coast, the world’s biggest cocoa producer, was once one of Africa’s economic giants. But the cocoa export ban is contributing to an overall economic decline during the Gbagbo years.

    Reuters news agency this week quoted a high-ranking French diplomat as saying the loss of cocoa revenue and other international sanctions were contributing to a weakening of Gbagbo’s grip on power.

    Ouattara, a U.S. trained economist and former deputy director of the International Monetary Fund, says his most difficult challenge as president will be healing the wounds that threaten to push Ivory Coast back to civil war. But he expressed confidence his economic experience would help restore the country to fiscal health.

    "For the economy, my compatriots trust me. They know what I’ve done in the past. They know what I’ve done elsewhere in Africa and the world, when I was deputy managing director of the IMF (International Monetary Fund), and I have great plans for Cote d’Ivoire and I am confident that in a few years, the economy will be running at a very high level," he said.

    But before he can tackle Ivory Coast’s economic and political crises, one of Ouattara’s first challenges will be getting home. After he flew to Addis Ababa this week, Gbagbo’s government announced a ban on flights from United Nations and French planes in an apparent attempt to block his return.

    Ouattara’s camp, however, noted that the U.N. recognized president elect would be stopping in Nigeria on his trip westward for talks with President Goodluck Jonathan. They suggested he might return to Abidjan by another means. They did not elaborate.



    You May Like

    Video Rubio Looks to Surge in New Hampshire

    Republican presidential candidate has moved into second place in several recent surveys and appears to be gaining ground on longtime frontrunner Donald Trump

    UN Calls for Global Ban on Female Genital Mutilation

    Recent UNICEF report finds at least 200 million girls and women alive today have undergone female genital mutilation in 30 countries

    UN Pilots New Peace Approach in CAR

    Approach launched in northern town of Kaga Bandoro, where former combatants of mainly Muslim Seleka armed group and Christian and animist anti-Balaka movement are being paid to do community work

    This forum has been closed.
    Comments
         
    There are no comments in this forum. Be first and add one

    By the Numbers

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    German Artists to Memorialize Refugees With Life Jacket Exhibiti
    X
    Hamada Elsaram
    February 05, 2016 4:30 PM
    Sold in every kind of shop in some Turkish port towns, life jackets have become a symbol of the refugee crisis that brought a million people to Europe in 2015.  On the shores of Lesbos, Greece, German artists collect discarded life jackets as they prepare an art installation they plan to display in Germany.  For VOA, Hamada Elrasam has this report from Lesbos, Greece.
    Video

    Video German Artists to Memorialize Refugees With Life Jacket Exhibit

    Sold in every kind of shop in some Turkish port towns, life jackets have become a symbol of the refugee crisis that brought a million people to Europe in 2015.  On the shores of Lesbos, Greece, German artists collect discarded life jackets as they prepare an art installation they plan to display in Germany.  For VOA, Hamada Elrasam has this report from Lesbos, Greece.
    Video

    Video E-readers Help Ease Africa's Book Shortage

    Millions of people in Africa can't read, and there's a chronic shortage of books. A non-profit organization called Worldreader is trying to help change all that one e-reader at a time. VOA’s Deborah Block tells us about a girls' school in Nairobi, Kenya where Worldreader is making a difference.
    Video

    Video Genius Lets World Share Its Knowledge

    Inspired by crowdsourcing companies like Wikipedia, Genius allows anyone to edit anything on the web, using its web annotation tool
    Video

    Video Former Drug CEO Martin Shkreli Angers US Lawmakers

    A former U.S. pharmaceutical business executive has angered lawmakers by refusing to explain why he raised the price of a life-saving pill by 5,000 percent. Martin Shkreli was removed from a congressional hearing on Thursday after citing his Fifth Amendment right to stay silent. Zlatica Hoke has more.
    Video

    Video Super Bowl TV Commercials are Super Business for Advertisers

    The Super Bowl, the championship clash between the two top teams in American Football, is the most-watched sporting event of the year, and advertisers are lining up and paying big bucks to get their commercials on the air. In fact, the TV commercials during the Super Bowl have become one of the most anticipated and popular features of the event. VOA's Brian Allen has a sneak peek of what you can expect to see when the big game goes to commercial break, and the real entertainment begins.
    Video

    Video In Philippines, Mixed Feelings About Greater US Military Presence

    In the Philippines, some who will be directly affected by a recent Supreme Court decision clearing the way for more United States troop visits are having mixed reactions.  The increased rotations come at a time when the Philippines is trying to build up its military in the face of growing maritime assertiveness from China.  From Bahile, Palawan on the coast of the South China Sea, Simone Orendain has this story.
    Video

    Video Microcephaly's Connection to Zika: Guilty Until Proven Innocent

    The Zika virus rarely causes problems for the people who get it, but it seems to be having a devastating impact on babies whose mothers are infected with Zika. VOA's Carol Pearson has more.
    Video

    Video Solar Innovation Provides Cheap, Clean Energy to Kenya Residents

    In Kenya, a company called M-Kopa Solar is providing clean energy to more than 300,000 homes across East Africa by allowing customers to "pay-as-you-go" via their cell phones. As Lenny Ruvaga reports from Kangemi, customers pay a small deposit for a solar unit and then pay less than a dollar a day to get clean energy to light up their homes or businesses.
    Video

    Video Stunning Artworks Attract Record Crowds, Thanks to Social Media

    A new exhibit at the oldest art museum in America is shattering attendance records. Thousands of visitors are lining up to see nine giant works of art that have gotten a much-deserved shot of viral marketing. The 150-year-old Smithsonian American Art Museum has never had a response quite like this. VOA's Julie Taboh reports.
    Video

    Video Apprenticeships Put Americans on Path Back to Work

    Trying to get more people into the U.S. workforce, the Obama administration last year announced $175 million in grants towards apprenticeship programs. VOA White House correspondent Aru Pande went inside one training center outside of Washington that has gained national recognition for helping put people on the path to employment.
    Video

    Video New Material May Reduce Concussion Effects

    As the 2016 National Football League season reaches its summit at the Super Bowl this coming Sunday (2/7), scientists are trying to learn how to more effectively protect football players from dangerous and damaging concussions. Researchers at Cardiff and Cambridge Universities say their origami-based material may solve the problem. VOA’s George Putic reports.
    Video

    Video Saudi Arabian Women's Sports Chip Away at Stereotypes

    Saudi Arabian female athletes say that sports are on the front line of busting traditions that quash women’s voices, both locally and internationally. In their hometown of Jeddah, a group of basketball players say that by connecting sports to health issues, they are encouraging women and girls to get out of their homes and participate in public life. VOA’s Heather Murdock reports.
    Video

    Video A Year Later, Fortunes Mixed for Syrians Forging New Lives in Berlin

    In April of last year, VOA followed the progress of six young Syrian refugees -- four brothers and their two friends -- as they made their way from Libya to Italy by boat, and eventually to Germany. Reporter Henry Ridgwell caught up with the refugees again in Berlin, as they struggle to forge new lives amid the turmoil of Europe's refugee crisis.
    Video

    Video Zika Virus May be Hard to Stop

    With the Zika virus spreading rapidly, the World Health Organization Monday declared Zika a global health emergency. As Alberto Pimienta reports, for many governments and experts, the worst is yet to come.