
Writer, essayist, and editor Mamadou Bamba Tall argues that Africa's primary challenge is not solely economic or political, but also intellectual. He contends that the continent struggles to produce and value its own narrative, remaining dependent on external validation. Tall advocates for intellectual sovereignty as essential for a lasting African renaissance. He identifies intellectual dependence as a rarely discussed but significant barrier to Africa's progress, distinct from economic reports or poverty statistics. While acknowledging the partial truths in economic, political, colonial, corruption, geographical, or conflict-based diagnoses, Tall believes these are insufficient. He asserts that Africa's deepest weakness is often intellectual, not due to a lack of thinkers or talent, but because the continent frequently views the world and analyzes its realities through external perspectives. Tall highlights the issue of Africans speaking "with the mouth of the other," meaning they allow others to define their priorities, narrate their successes, and validate their ideas. He points to examples in publishing, media, and research where African achievements often gain importance only after external recognition. This dependence, he explains, stems from a long colonial and post-colonial history that devalued African institutions, knowledge, and languages. However, he also notes that this dependence is now partly perpetuated by African elites who have internalized external viewpoi
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Must ReadThe Minister of Economy and Finance has issued a warning regarding financial scams and has put promoters on notice. This announcement was published on Thursday, July 23, 2026, at 2:49 PM. The article does not provide further details on the nature of the scams or the specific actions taken against the promoters.

The Central Bank of West African States BCEAO concluded a two-day seminar for economic journalists from the West African Monetary Union UMOA in Dakar on August 21, 2026. The seminar focused on major economic, monetary, and financial issues within the community, with the BCEAO reaffirming its commitment to strengthening ties with media professionals to foster a better understanding of policies and reforms. Habib Thiam, Secretary General of the BCEAO, praised the participation and relevance of discussions, noting the seminar deepened understanding of the BCEAO's missions, instruments, and strategic priorities amid a changing global economic landscape. Topics included monetary policy, financial stability, economic financing, financial inclusion, digital financial services, and payment system changes. Thiam emphasized the media's crucial role in providing reliable, rigorous, and contextualized information, making complex economic issues accessible to the public and preventing misinformation. Dominique Mabika, a journalist from Financial Afrik in Senegal, thanked the BCEAO for the initiative, highlighting how it enhanced journalists' knowledge of technical subjects and allowed direct engagement with policymakers. She stressed the responsibility of participants to act as relays for citizens, explaining mechanisms like the PI-SPI platform and BCEAO actions. The BCEAO aims for this seminar to be the start of a more regular dialogue with economic journalists, recognizing the increasin
Must ReadThe BCEAO's 2025 annual report details a year of robust economic activity, controlled inflation, strengthened financial stability, and accelerated modernization of payment infrastructures within the West African Economic and Monetary Union UEMOA. In 2025, global growth reached 3.4%, matching 2024, while inflation decreased to 4.1% from 5.8% the previous year. UEMOA economies demonstrated notable adaptability, with a 6.7% increase in GDP in 2025, following 6.2% growth in 2024. This performance was driven by the services sector, dynamic extractive industries, and a successful agricultural campaign. A significant achievement in 2025 was the control of inflationary pressures, with the annual inflation rate in UEMOA falling to zero, down from 3.5% in 2024. This was attributed to lower international prices for imported food and energy products, and an improved local food supply. The Monetary Policy Committee of the BCEAO eased financing conditions on June 4, 2025, reducing the main policy rate from 3.50% to 3.25% and the marginal lending facility rate from 5.50% to 5.25%. This accommodative monetary policy supported economic financing, with bank credit to the private sector growing by 5.6% and credit to states increasing by 7.8%. The report also highlighted the resilience of the Union's financial system, with the banking sector maintaining solvency levels above regulatory requirements and the microfinance sector showing dynamism. A major institutional advancement was the designatio