English version In 2009, Olam market value collapsed, and its market share was valued at zero, worthless. A company by the name of Muddy Waters declared that Olam was heading toward bankruptcy. To keep Olam solvent, Singapore’ sovereign fund Tomasek, had to rescue them; but Olam knew they needed to bring in new sources of revenue. To do that, targeted Africa. Olam came to Gabon, linked itself with the Ali Bongo’s regime and made Ali Bongo’ son the second in charge at Olam Gabon. For every project that Olam started in Gabon, the country took huge loan that were funneled to Olam. For one such project, the building of a fertilizer plan in Port-Gentil by Olam, Gabon took out a 750 billion CFA francs loan that went 100% to Olam. The problem? The factory was never built. Who is left to repay the loan? The Gabonese people. Once Olam had established itself in Gabon and that all the money had been received from the Gabonese government, Gagan Gupta wanted to prevent Olam from ...
Wa panikê zê, Charly ? Ça va s'arranger. Tous les pays du monde dont endettés. Les instances financières internationales nous font seulement la loi darwinienne du lion contre la gazelle. Quand la tortue regarde ça, elle affecté un calme divin.
ReplyDeleteEn effet, tous les pays du monde sont endettés, mais les niveaux d'endettement varient considérablement d'un pays à l'autre. Les grands pays développés ont des niveaux d’endettement relativement élevés, mais ils ont également des économies solides et une capacité à lever des fonds sur les marchés financiers internationaux bien supérieure à celle du maigre Gabon. Comme vous le constatez, notre pauvre Gabon a un niveau d'endettement important, mais sa capacité à rembourser ces dettes semble aléatoire en raison de facteurs de mal gouvernance économique, politique et structurelle. Pour nous, il y a lieu de s’inquiéter ; mais il semble que vous trouviez tout cela normal.
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