Topic: Another Coup in Africa: What is the economic effect? - page 2. (Read 883 times)

I would guess that coups are usually not to make a nation better but to get into the power yourself instead. Looking at all the coups in Africa so far, majority of it didn't made the nations better, the point was never to get the nation into a better place, there are nations where coup didn't even change the daily life, it was literally nothing. Why did it happen then?

Well, politicians are politicians and they are people in suits, whereas military is military and they can just decide to take over whenever they want, even if you were a military leader and took over with a coup, new military leader could do it to you as well. That makes it the better situation and then they end up living happily with all the money they steal.

That is the essence of the problem: there is not a change of power to improve the situation in the country and the economy, but simply the seizure of power by a dubious group, who have no other goals except the goal of power and personal enrichment. Plus they believe that they can hold power by any method available to them - and this means death, destruction, further degradation of the country.... It is very unfortunate that often the population supports such coups, and then they themselves suffer from the fact that once again they did not think, but simply believed the crooks.

Such things only happen in the Western orchestrated coups where those involved are taking orders from foreign powers and they have to suppress the people in order to be able to rule over them. In case of the coups in Africa, from what I've seen, they are coming from the people themselves not some foreign powers which means if there would be any executions it would be execution of the foreign criminals and occupiers.

But of course we have to wait and see what the future holds. So many similar previous revolutions were shut down by the colonizers by mass murdering people in order to shut it down and revert the changes.

This is a classic "meet the new boss same as the boss move"

I can only hope it does not get worse with mass executions and the military pillaging the civilians.

That's a good point. Despite what some of the propaganda has been saying about the situation in a couple of African countries, people are behind these changes and they believe that these changes can only happen with armed forces.
Besides the problem with most of these so called "civilian governments" is not wasn't that they didn't perform well. It's because they were either installed or backed by the West or both. So the only thing these governments did was to fulfill the colonizers' interests.

I think coup there mainly affects Africans and Africans only. Its so sad African countries destabilized with coup after coup or civil wars so they can't find a time to develop their countries, feed their people, study their kids. In my opinion coup makers are nearly always power hungry and most of the time even more corrupt than democratically elected presidents. So I think economic effect of it will be devastating on Africa. I see why people see coup against France good etc but coups are generally helped by other forces as well. Many people think Russia was in it. I personally don't know.

I think the main reason for these coup in these Africa countries is because of bad leadership, from what I saw from these countries during a successful coup I see citizens celebrating.  I normally ask myself  why are these citizens celebrating which i think that they celebrate because the leadership, government have been performing very bad, because if a government is doing well their won't be celebration when a coup is successful, I think the citizens celebrate the military because they feel the military can put things better that the civilian government.

Because I may not know the real situation there. Because usually the emergence of a coup is caused by dissatisfaction felt by certain parties. But a coup can also occur because of a struggle for power. And many other types of coups. But regardless of the problem. In fact, the impact of a coup in an ordinary country may not be that big on the global economy. But if it is a country that produces raw materials from mining or similar then clearly it will have a slight impact on the global economy in terms of the type of mining material itself. It's just that maybe it won't have a big effect on other things.

What I'm worried about is that there are outside parties who actually trigger this coup to happen. So that they can enter and make big profits afterwards. But I hope it's not like what I think.

Any type of coup is a serious disease for the global economy because it is not easily managed and just as the disease does not end quickly, the effect of a coup is long-lasting.Just as the English during the colonization of different countries forced them to produce industrial raw materials from different places only to protect their factories, so now there is a coup in Africa That is the same reason why France is so concerned about the raw materials of their industry as their place of supply It was Its upheaval in the world economy will have a huge impact, with the world in such a state of turmoil due to various wars, a little upheaval will turn into terrible consequences because the raw materials for making batteries and steel A very important component of today's electrical world. Current civilization survives. It will have a huge impact on the electronic system Then people will not be able to buy at the same rate as they are buying and companies will be forced to downgrade their market position.Of course, this coup will have a big impact on the economy of the region and the world economy may not be like other wars, but it will suffer a lot and there is a big conspiracy behind it And the motives behind these events are taking place only for their own benefit and through third parties to establish their own interests.And Africa is currently being used as a playground for the Western world, for example this coup.The world economy may not be the same as the war in Russia and Ukraine But roughly it will have a good effect and the main purpose of this coup will be understood in a few days then we will understand who is actually trying to do it and what their motive could be.This is happening as a result of certain countries controlling their mines by some companies and other interested countries wanting France to keep them out.This coup is definitely bad for the people of that region. We think it might not be much of a problem, but I think it is the first tool used to destabilize the region in the coming day Their real form will be understood.

I also believe that Gabon's elections were dirty. The Bongo family has been in Gabon's power for fifty years and most of its population is poor. It seems like the huge natural resources of Gabon only benefitted those in power. The family is so powerful and France is its main solid supporter that it is impossible to beat him in an election. Usually I do not agree with any coup d'etat but let's just hope that the interim government will conduct another fresh but clean election. Maybe it can ask for help from the UN so representatives will be sent. Also, the interim government should keep the French from intervening.

Due to poor economic conditions, western countries manipulate their politics and economies. Europeans talk about human rights in other parts of the world, but when it comes to the African continent, they become blind. Why are these countries still in these conditions when they are the richest in the world in natural resources? Europeans just wanted to keep their claws in these countries to fuel their economies, nothing more.

It is long overdue for Africans to fight for themselves and having these coups is one of the ways to fight for their freedom.  I may be asked if these countries are still being colonised till date but the answer is no. But if you look inwardly you will still understand that Africans are indirectly still under colonial rule and this time it is caused by their selfish and greedy leaders.

The mineral resources of the Africans are not refined in Africa, rather it is transported to Europe and refined there, the remnants of the refined products would be transported back to the African countries and sold to them in an expensive prices.
The corrupt African leaders rig themselves into power and their European counterparts will justify the act in order to unjustly continue benefiting from the gross impunity.

The issue I have come to understand from my own narrative is that of power or a leadership role, being in the helm of an individual for too long.
It makes growth and development into other overlooked sectors slow or insignificant, whereas the leader does what's best in their eyes and become arrogant when confronted.
New governments always have an economic effect on the country because out with old policies, comes the new, and does so with brute or smile because that's why it came into power in the first place.

Gabon has been a local community struggling to achieve her goals o
for the development stability that is majorly focuses its source on the natural resources produces. If I have to chipping about the nation Gabon disconnection it economic governance from France longing to align with another country, then I must say that this would insights grudges and exceeds an existing conflict amongst the global power holders scrambling for economic influence.

The coup could aid to yield about decisions that often creates the craving of exacerbating the political systems with an accompanyment of social conditional effects.
This also could lead a weigh down(setback) of the international communities that is affiliated with the government and of course the economy with the couped nation (Gabon) with the potentials to boosten other opposition international countries economy likely in competition with the others (France).

Moreso, such situation could proffers to a whistle blowing for diffusion of refugees and illegality indulgence for survival which spreads and crumbles to negatively affect the economy.

I will rest to say that the coup in a nation (Gabon) tends to spread a global economic threats and sanctions with the significant rises in the marketing sector overheading the economic system where inflation is staked to hit a global.

After the Middle East, Africa is the most tensed era in the world, i think. This region is full of natural resources, and major powers use this regional instability to get these minerals cheap. They can be the producers of gold, diamonds, silver, and other minerals that have different uses in our economy, but we don't eat them. So as long as people are fed, there won't be much trouble on this globe. I think the Russia-Ukraine war caused more damage to the world economy.

And do you seriously believe that in the wake of the illegal overthrow of the government, and the seizure of power, quality prospects are possible ?
I will not talk about the personalities who made the coup and seizure of power. I have a few questions:
1. What is the program of stabilization and development of the Nigerian economy?
2. The financial system - what reforms are proposed ?
3. tax reform - what reforms are proposed ?
4. education, medicine - what are the plans ?
5. Social program - pensions, assistance to the poor - sources of financing, and the program itself ?

I assume that there will be no answers, because the new "president" has not thought about anything but power.....

Finally, France is going back home after a long time of protest by citizens of Niger. President Emmanuel Macron announced that the French ambassador to Niger and other top diplomats will be returning to Paris. Also leaving the country are about 1,500 French soldiers. The new government celebrated the news with joy calling it a right move towards the freedom of Niger. Burkina Faso, Mali and Niger have already signed a military alliance treaty to fight threats of terrorist groups and external aggression. Nigerians have successfully attained military and political independence, and economic and social independence will come gradually.

I'm gonna have to disappoint you.

1.Ogapo S. A. (Areva S. A. until 2018) is a large French state-owned company, the leader of the French nuclear industry.
2.MOSCOW, July 31 - RIA Novosti.
Orano continued uranium mining in Niger despite the military coup.
French corporation Orano continues uranium mining in Niger, the military coup that took place in the country has not affected its activities, Monde newspaper reported citing the company's representatives.
Orano has been present in Niger for more than 50 years and is engaged, in particular, in the development of one of the world's largest uranium deposits Imouraren near the city of Arlit, the reserves of which are estimated at 200 million tons.

https://www.lemonde.fr/international/article/2023/07/31/apres-le-coup-d-etat-au-niger-orano-active-une-cellule-de-crise-pour-veiller-sur-ses-mines-d-uranium-dans-le-nord-du-pays_6183940_3210.html

Toppling a democratically elected government is not acceptable but it has already happened. For now, the recognized government in Niger is the military. They might not be recognized by France and its allies but some countries have accepted them. It is noteworthy to state that Niger is a sovereign nation that should be allowed to handle its affairs without external influence. ECOWAS has decided to embrace the path of dialogue but the bullying from France can truncate the peace process. We know France has enormous economic concerns in Niger but they have to recognize that change is constant and should play by the new rules of the game.

At least we just saw recently the long-term consequences of war in Libya where neglect of infrastructure has caused the death of thousands. Those dams where not maintained because of instability caused by the invasion of the US and its allies. We don't want war in Niger and France shouldn't cause one.

"On July 26, 2023, soldiers from the Presidential Guard blocked access to Bazoum's residence. The president's office said on the president's Twitter account that individual guards "launched a mutiny in a vain attempt to gain the support of the National Armed Forces and the National Guard."....""

Typical military coup. Which means the change of power is not legitimate, and neither is the head of the military junta. And why should anyone follow their orders ?
Well and most importantly - everyone understands that a military coup in one of the poorest African countries will not lead to anything positive, neither for the inhabitants of the country nor for its political weight in the world. I can even predict what will happen. Those close to the junta will gain access to the country's wealth, or simply appropriate someone's property, organize their own private military company, just to protect themselves from the population of their country.... Such "power" is not capable of anything else....