BREAKING: French embassy in Kinshasa 🇨🇩 “attacked and firebombed” but protesters were unable to enter, France’s foreign ministry tells CNN.
Security forces defending the embassy fired shots, the ministry said, but embassy staff are now safe
🌍 The Africa CEO Forum Annual Summit: Numbers that Inspire, Impact that Matters 🌟
The Africa CEO Forum's impact carries far beyond the conference hall:
✅ 2,000+ participants from over 70 countries—a global gathering of visionaries and change-makers.
✅ 350+ public officials and 300+ speakers redefining policies and strategies to accelerate growth.
✅ 650+ women leaders leading the charge for inclusive leadership and innovation.
✅ Billions in agreements signed—a summit with tangible impact.
✨ The place where African decision-makers meet and Africa's future is shaped.
📢 Be part of the movement. Don’t just watch Africa's economic development unfold—join other executives in catalysing it.
👉 Register now: https://t.co/Rz7pBFPXW0
#ACF2025 #LeadershipForGrowth #ShapingAfrica #AfricanInnovation #InclusiveLeadership #GlobalVisionaries #WomenInLeadership
🌍 #COP29 will kick off in less than three weeks in #Baku, Azerbaijan. Africa is preparing for tough negotiations which will impact its access to climate financing.
At our recent webinar, Deo Onyango from the International Finance Corporation highlighted the importance of recognising Africa's strengths, and the pivotal role that the continent plays in shaping climate solutions. A key strategy to achieving success, will be leverage.
💡 It’s time to seize this moment and turn our potential into action.
🎥 Missed the webinar? Watch the replay of "Fair Climate Transition: Africa at COP29: What’s at Stake and How to Obtain it" here: https://t.co/snQMnGxN1O
#COP29 #GreenEconomy #ClimateAction #SustainableAfrica #AfricaCEOForum #AfricaAtCOP29 #AssertiveAfrica
🌍 Fair Climate Transition: Episode 2 – Africa at #COP29 🌱
As Africa confronts the complex realities of climate change, one truth stands out: Africa’s transition is unlike any other. The continent’s path to a fair climate transition depends on how effectively we weave sustainability into our economic systems, balancing growth with environmental responsibility.
Join our distinguished speaker, Nathalie Delapalme, Executive Director and Board Member of the Mo Ibrahim Foundation, as she shares her insights on the critical role governance plays in Africa’s sustainable development and climate resilience. Since joining the Foundation in 2010, Nathalie has been at the forefront of championing good governance and leadership across the continent.
👉 Register now: https://t.co/8bZjLwAjOx
📅 Date: 21st October
🕝 Time: 2:30PM UTC
#SustainableDevelopment #AfricaCOP29 #FairClimateTransition #GreenGrowth
🌍 Fair Climate Transition: Episode 2 – Africa at #COP29 🌱
Africa stands at a critical crossroads as #COP29 approaches, and the economic realities cannot be ignored. It’s the economy, stupid! The success of Africa’s climate transition hinges on strategic financial interventions.
Join our speaker, @DeoOnyango, Senior Industry Specialist in Climate Finance at the International Finance Corporation (@IFCAfrica), as we explore the intersection of climate action and economic development. With a rich career spanning leadership roles in climate finance, renewable energy, and capital raising, Deo brings a wealth of expertise to the table. His prior roles include Managing Director, Head of Onshore Wind & Hybrid Power Solutions for Sub-Saharan Africa at GE Renewable Energy, and Vice President at Citigroup, where he raised capital for private equity and hedge funds.
👉 Register now: https://t.co/8bZjLwAjOx
📅 Date: 21st October
🕝 Time: 2:30PM UTC
#ClimateFinance #AfricaCOP29 #FairClimateTransition #GreenGrowth
🚨 Big Announcement 🚨
✨ After a groundbreaking 2024 edition in Kigali, we are thrilled to announce that the largest annual gathering of the African private sector is back in Abidjan, Côte d'Ivoire, on 12-13 May 2025.
Over 2,000 business leaders, decision-makers, and thought leaders from more than 80 countries will come together to address Africa’s most pressing challenges and seize emerging opportunities.
Join us to help shape the future of Africa.
🎟️ Register now : https://t.co/umZI3A7WrG
Co-hosted by the Jeune Afrique Media Group and IFC - International Finance Corporation.
hashtag#ACF2025
Brilliant ad. If you have a daughter and you are voting for Trump you are insane.
Also I hope you will one day have to explain to her why you voted for a man who was found to have sexually assaulted a woman.
🌍 SAVE THE DATE: 12-13 May 2025 🌍
We are thrilled to announce that the 12th edition of the Africa CEO Forum Annual Summit will take place on 12-13 May 2025, in the vibrant city of Abidjan!
Join us for Africa's foremost private sector conference. Each year, the Annual Summit brings together 2,000 African CEOs, policymakers and thought leaders to drive the continent's economic transformation and shape the future of Africa.
📅 Save the date and stay tuned here: https://t.co/NKtbQyniUq
#ACF2025
👉: https://t.co/2HSAabp00g
The drop you've all been waiting for - our AI-inspired view of Africa's future!
The Opening Ceremony of #ACF2024 kicked off with this video, and the audience loved it. Perhaps it made them laugh, perhaps it touched a nerve.
See for yourselves and tell us how you feel about it !
#NewFutureForAfrica #AfricaCEOForum #ACF2024
💻 [DIGITAL EVENT] Fair Climate Transition
See you tomorrow for the first episode of this webinar series!
Gaslighting Africa: How Africa Can Raise Global Expectations of its Energy Ambitions ?
🔴 Hear our speakers and join the conversation with :
- Guillaume Estager General Manager, Philae Advisory
- Jackson (Jack) Kimani, CEO, Climate Action Platform for Africa (CAP-A)
- Daniel Wetzel, Head of Unit: Tracking Sutainable Transitions, International Energy Agency (IEA)
🗣️Join us and our moderator, Anne-Marie Dias Borges Borges, tomorrow at 9:30 UTC
Register here 👉 : https://t.co/RjV4UNyCWn
[DIGITAL EVENT] Fair Climate Transition
Daniel Wetzel, Head of Unit : Tracking Sustainable Transitions at International Energy Agency will be our high level speaker for the episode "Gaslighting Africa: How Africa Can Raise Global Expectations of its Energy Ambitions".
🗣️Join us the 28 June 2024 at 9:30 UTC
🔗 Register: https://t.co/RjV4UNyCWn
The Africa CEO Forum is honored the be part of the finalist for the "Best Overseas Conference or Event" Award for the #ConfEventAwards 2024 !
We extend our gratitude to our teams, sponsors and partners wwho played a big part in this nomination.
Lots of people chuckling but nobody suggesting an answer, at least in language that normies can understand.
US government doesn't really print money, because printing money is irresponsible. If US government just printed money, it would go straight to inflation, and not 5% but more like 50% or even 500% or even 5000% per year. They wouldn't be able to do it for a very long time.
So what does US government do? It sells bonds (debt). It borrows money. That debt is bought by other countries or by Americans who have extra money. Why do they buy US government debt? Because it is safe and gives interest. It's like putting the money in a a bank or CD only better. Mainly because it is safe. Who would you rather lend money to, US or Serbia?
Take China: China gets a lot of dollars from the US for its exports to the US. Some of it is used to buy American products, but, as we know, China exports more to the US than it imports. So it has extra dollars. What is it going to do with those dollars? It buys US debt, because it gets some interest on it then. Otherwise it would just sit in the bank doing nothing.
So far so good.
But what happens if there are not enough buyers for US government debt AS HAS BEEN HAPPENING REGULARLY SINCE 2008.
Does the US government say "oh shucks, I guess we'll just have to spend less?" Of course not.
Enter the Federal Reserve, or the US Central Bank. They just buy up whatever debt nobody else wants. Where does the Federal Reserve gets the money to buy that debt? They don't. They print it.
You see, it is not the US government that prints money, it is the Federal Reserve that prints money. And they are not part of the US government. Who are they? They are a private bank. What? Yes. Wait. That doesn't make any sense.
Well, that's why this guy is confused.
So what if the Federal Reserve goes bankrupt? Why would they go bankrupt? They can just print money forever.
So this is all one giant scam? Yeah, the biggest scam of all scams. So why do people participate in this scam? Like China? Well, China kind of does the same thing. For one, two China benefits from it. Americans buy lots of stuff from China, that's jobs. But what does China do with the dollars they are just pieces of paper? It goes and buys a gold mine in Serbia with the dollars. Why would Serbia give China a GOLD MINE in exchange for some dollars? Because Serbia can use dollars to buy oil from Saudi Arabia. So what does Saudi Arabia do with the dollars?! It buys US debt, silly.
It's a Ponzi Scheme!
Ok, lots of people will tell you this story, but they will forget to mention one important thing: there are several billion humans going to work every day working for 8 hours or so. Working. Creating value (products and services). And so total value of everything in the world is increasing every day. There are new buildings and roads and chairs and cars and noodles and milk and YouTube videos and mobile phones and computers and people are able to get back to work because someone has cured them from a disease.
This is why it's not really a Ponzi Scheme. Money is circulating and new money is constantly being added, but real value and assets are also constantly being added. There is real input to the scheme, human labor. Just think, there is more STUFF in the world today than 100 years ago. That's why there are also more dollars in the world.
So what is the problem then? The problem is that the world economy, specifically the US economy, is borrowing more than it is going to able to pay back and that it is producing. If you want to borrow money, you have to prove you can pay it back. Some people can borrow more, some less. Elon Musk can borrow more money than me. US can borrow more money than Serbia. But can Elon Musk borrow 10 trillion dollars? No, not even Elon Musk can borrow that much money because he will never make that much money in his entire life, but he can borrow maybe 30 billion dollars.
US is borrowing more than it will be able to pay back and even more than there is extra dollars out there to buy what it demands (that's why Federal Reserve has to "buy" it: print money).
The problem is that printing money (by US government via the Federal Reserve) leads to inflation. High inflation = high interest rates. High interest rates depress economy => producing less => fewer taxes collected => more money printed => higher inflation. It's a downward spiral. Is US government then at least SPENDING less? Oh no, they are increasing spending. The worse it gets, the more money US is spending.
How does this end? It ends in hyperinflation and collapse of the dollar. Nobody will want to buy US debt anymore because US is irresponsible. The trust will be lost. Hell, better to buy Serbia's debt than US debt at that point, or even better China's or Russia's.
So why doesn't the US just stop spending so much? Like all these wars at least. Why doesn't a drug addict just stop taking drugs, don't they see they are destroying their health and will probably one day die of it? It's an addiction. And feeling of entitlement. When you are rich and on top of the world for so long, you cannot just one day say, oh well, I guess I have to tighten my belt a bit and live more modestly. Who me? Elon Musk? Now have to give up my private plane and fly commercial, economy class?
@elonmusk why does my Twitter algo think I'm super right wing? I keep getting fed videos and propaganda. To the point I had to double-check that Joel Cauchi #SydneyAttack wasn't Muslim (he wasn't) because posts on @X keep saying it was an Islamist attack.
[DIGITAL EVENT] Fair Climate Transition
✨ Episode 3 ✨
🌍 In the third and last episode, we will convene a panel of experts to tackle how can African business Be heard by global standard-setters.
🔗 Register : https://t.co/4w7YnK0Ozn
Meet our line-up:
🌟 Peter Humi, Former CNN Paris Bureau Chief
🌟H.E. Ms Doreen Ruth Amule, Ambassador Extraordinary and Plenipotentiary of Uganda to France
🌟Todd Moss, Executive Director, The Energy for Growth Hub
🌟Omolara Gbodimowo, Strategy Director, @Africa 50