Another Coup in Africa: What is the economic effect?

[blue Snow]

Although I see the effect of this particular Coup on the global economy as very limited. Gabon GDP is 20 billion USD while that of France is almost 3 trillion.

Yes, I agree with you, with that GDP Gap will have no effect on France and the world economy. Maybe a different case when Gabon is the importing country, because if the country is an importer and have a connection with another country, there will be affected with the relation and maybe will have the same experience. But, if I saw all this time nothing happened so far, the world will be fine if countries in Africa have the same problem.

[Kakmakr]

I work on contract in a lot of African countries and I know how some of them operate. The leaders in the country and their family and friends are making millions from back room deals and large tender kickbacks .....and the rest of the citizens suffer.

The leaders stay in power to protect that privileged life and the wealth and power that come with that. The citizens blame the "West" and "colonization" for this, but they vote for these leaders. (Some elections are rigged and fear and intimidation are used to force people to vote for these leaders)

What would have happened if the "West" did not entered these countries and not provided jobs for millions of people? Would they have had the latest technologies (Cars / cellphones / TVs .....) if the developed countries did not use those raw minerals?

It is sad to see all that suffering and how the citizens are exploited by their own leaders. 

[Oluwa-btc]

What would have happened if the "West" did not entered these countries and not provided jobs for millions of people? Would they have had the latest technologies (Cars / cellphones / TVs .....) if the developed countries did not use those raw minerals?

It is sad to see all that suffering and how the citizens are exploited by their own leaders. 

Crap!

This is a very selfish thing to say. Really, I don't know what grounds you have to say this shit. They provided jobs for millions of people and leave millions of people to starve, to suffer. Infact the West invading Africa has got to be worst thing that ever happened in all of Africa.
If they want those materials, then they should come correct and do things the right way just as it should be.

Now France spokes man recently disapproved the coup and calls it a bad coup. That's because a coup runned and benefits leading to the French is a good coup bit that which ends the stealing and control on natural resources and as well benefits the inhabitants of the country is a bad coup? Crazy you know. The french can cry premium tears as they want, currently, no going back.

Looking back on how they've killed millions of lives with Algeria and Congo just to get what they want, it's the perfect time to see all these happening, how can a ruling body be in power for over thirty years? It was getting to be a family business. These leaders in power are being controlled by colonial masters and if you fail to comply, you end up six feat below the group with a terrible news displaying you was a corrupt leader. ( Call Me Stupid All I Know Is That, The West and French are Nefarious Bastards! )

[Sithara007]

Dictators who have been ruling with an iron fist for many decades are being overthrown in countries such as Niger and Gabon. Only positives can come out of all this. Omar Bongo was one of the worst rulers in Africa. Despite the huge petroleum deserves in Gabon, the country was in deep poverty because Bongo stole all that wealth and used it to purchase luxury villas and other real estate in France. From what I have seen, people have come out in support of the new regime. The same is happening in Niger as well. Popular support is with the new leaders.

[DrBeer]

Analyzing this situation carefully, Gabon having the largest manganese mine in existence... It would cause the suspension of mining operations due to the coup could interrupt the world supply of this material. This disruption could affect global supply chains and potentially increase the prices of these products.

On the other hand, coups and political instability in the region may raise concerns about the security of investments and assets in these countries, which means that investors and companies may reassess their participation in the region due to the risks associated with political volatility and changes in government. In addition, foreign direct investment and trade cooperation in the region could be hindered, which in turn could affect long-term economic growth.... My only thought is that overall, the direct impact may be more limited due to because Gabon and other former colonies are relatively small in the global economy.

That's exactly what someone's trying to do. And not within the framework of one country, but a significant part of the continent. Then they install their protégés, feed them from their hands, and they do whatever they want. But as you understand - shallow people, who got power in their hands, are unlikely to be engaged in the development of the economy, improving the standard of living of their citizens. They will receive handouts, and will do as tame dogs any orders of the "master". This is what the USSR did in the past. Compare the economies of countries that were under the "protectorate of the USSR" and the subsequent number of debts to the USSR, and those - who were in the sphere of influence of Western countries - and you will realize the repetition of whose scenario is playing out now

[Zoomic]

The problem of African political system is the presence of corrupt and wicked leaders who have paid very strong allegiance to their foreign counterparts. Although their foreign counterparts have been exploiting Africa from colonial era to post-colonial era and even till date. The exploiters take a huge part of the exploitation and give the small part to the leaders which goes to them and their families while the poor masses suffer in abject poverty. I do not blame the Citizens of these countries were the coupe is happening because they have suffered for long and pushed to the wall. They have no option than to react in such a way.

[EarnOnVictor]

Although I see the effect of this particular Coup on the global economy as very limited. Gabon GDP is 20 billion USD while that of France is almost 3 trillion.

Yes, I agree with you, with that GDP Gap will have no effect on France and the world economy. Maybe a different case when Gabon is the importing country, because if the country is an importer and have a connection with another country, there will be affected with the relation and maybe will have the same experience. But, if I saw all this time nothing happened so far, the world will be fine if countries in Africa have the same problem.

If you think the ugly trend of the African coup will not have any effect on France, then you might be missing the link, it will surely have security concerns on the entire world and economic effect on countries more than France. That if they (world leaders) didn't look for a way to quickly adjust or go back to a renegotiation table to avoid much havoc.

The assets reserve of these francophone countries are in France, they will turn the table around, but France will want to lay a restriction. Over time, if the civilian government of the junta mind wins an election, France will dare not again, and the world will talk. France buys their mineral resources at a ridiculously low price, and that will stop.

Also talking about Uranium, Niger alone supplied 18% of France's Uranium between 2005-2020. We all know how important this element is in electricity generation, nuclear-powered submarines and security (Nuclear weapons).

[Ucy]

The effect will be positive for friendly countries if  Gabon knows what she is doing or allows those who can help to guide her. Ofcourse, Russia would be in the best position to help as this is happening because of her current role as World leader to prevent a globalist takeover of the world and have a head as guide. Those who are against her are decreasing while she is increasing... but this is temporal.

[Hispo]

Dictators who have been ruling with an iron fist for many decades are being overthrown in countries such as Niger and Gabon. Only positives can come out of all this. Omar Bongo was one of the worst rulers in Africa. Despite the huge petroleum deserves in Gabon, the country was in deep poverty because Bongo stole all that wealth and used it to purchase luxury villas and other real estate in France. From what I have seen, people have come out in support of the new regime. The same is happening in Niger as well. Popular support is with the new leaders.

The problem is that populism and military coups are not supposed to be solutions to corruption and poverty either. The population can be desperate enough to believe those military men are their saviors but if they do not call for elections after getting rid of their previous corrupt president, then what is the point?

In my country and in other Latin American republics, we had attempts of coups and even successful ones and most of them only prolonged the suffering, because those military men did not guaranteed the safeguard of human rights, translating to execution, torture and exile of citizens who were deemed to be against the new administration, that is not supposed to be future of those African republics, to end being republics...

[iv4n]

Just early this morning some group of soldiers declared that they had overthrown the democratically elected government in Gabon, Africa.

Gabon Coup Latest: Billions In Raw Cash Found In Ali Bongo Son Apartment!

"Democratically elected government"... I'm sure they would find even more money if only some other "democratically elected governments" could be investigated.

It seems that Africa is slowly waking up... I hope these old thieves will be replaced by someone better!

[Lida93]

What would have happened if the "West" did not entered these countries and not provided jobs for millions of people? Would they have had the latest technologies (Cars / cellphones / TVs .....) if the developed countries did not use those raw minerals?

It is sad to see all that suffering and how the citizens are exploited by their own leaders. 

Crap!

This is a very selfish thing to say. Really, I don't know what grounds you have to say this shit. They provided jobs for millions of people and leave millions of people to starve, to suffer. Infact the West invading Africa has got to be worst thing that ever happened in all of Africa.
If they want those materials, then they should come correct and do things the right way just as it should be.

Now France spokes man recently disapproved the coup and calls it a bad coup. That's because a coup runned and benefits leading to the French is a good coup bit that which ends the stealing and control on natural resources and as well benefits the inhabitants of the country is a bad coup? Crazy you know. The french can cry premium tears as they want, currently, no going back.

Looking back on how they've killed millions of lives with Algeria and Congo just to get what they want, it's the perfect time to see all these happening, how can a ruling body be in power for over thirty years? It was getting to be a family business. These leaders in power are being controlled by colonial masters and if you fail to comply, you end up six feat below the group with a terrible news displaying you was a corrupt leader. ( Call Me Stupid All I Know Is That, The West and French are Nefarious Bastards! )

Any government that comes to power that's not dancing to the whims and caprice of the West and European powers they immediately use the media to tag it as dictatorship, tyrant because they refuse to sell out the interest of their countrymen to foreign foreign interest. Muammar Muhammad Abu Minyar al-Gaddafi was one of such victim of western propaganda and today Libyans are having the worst standard of living of their life while the West pillage their oil and other mineral resources. If this military coups in Niger, Gabon we're all in the interest of the France they won't have dared to term it as bad or illegal, there media would have shoveled out a word to suit the situation.

If the character that African selfish and wicked leaders live by is what those of the European and western nations have in their leaders their military would have done worst than a bloodless coup as way of bringing back their honor and dignity as a sovereign nation. 
As for @Karmakr I think he needs to go do research about where human civilization started from. And by his statement is crystal clear he has never left the shores of his  state to see the world for himself only stomaching what their media preach to them about Africa and her people.

[AicecreaME]

The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy. Others are also stimulating  that these coups are sponsored by some external forces that want to replace France.

Is France government that is controlling the country? No. So why thinking like that.

France is not technically controlling their government but the African people government has been corrupt ever since, anything that will benefit them, they will do it because of money. That's why people in africa are starving, because they have a government that doesn't care for them, who is abusing their resources but never shared the money to the citizens.

[Aanuoluwatofunmi]

Just early this morning some group of soldiers in Gabon declared that they had overthrown the democratically elected government in Gabon, Africa. President Ali Bongo Ondimba has been placed under house arrest and there are also celebrations on the streets of the capital  Libreville.

From the recent one which happened in Niger Republic and now it's Gabon turn, if we are to look at these countries in Africa, they are a minority nation which has poor development in all aspects of the economy and the people are struggling to cope with living and affordable life, if truly the cause of this is in fight for human right and not an attempt to accomplish selfish ambition of those in power and those willing to take over, i will say that we are getting closer to the stage where people will voice out to demand for what they want, maybe this would trigger others to voice out along in Africa over underdevelopment and human rights.

[CageMabok]

The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy. Others are also stimulating  that these coups are sponsored by some external forces that want to replace France. What is the economic effect of the coup in Gabon on the global economy?

Residents who made such arguments were probably because they objected too much or were angry with the attitude of the parties from France who were only concerned with the exploitation of raw materials for them without considering the prosperity in the region. And it's possible that the coup had something to do with the unused workers of the people there so they woke up and made a coup to stop the operations of the company.

I think the government needs to look into this matter if it still wants the company to operate as usual because the impact on the economic sector will also be very clear if complaints from the residents themselves are not responded to and the residents also want the opportunity to work there as long as the company can still be operated. So this coup could be very bad for the economy if there is no wise solution, especially as it relates to raw materials for producing steel and batteries.

[hyudien]

The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy. Others are also stimulating  that these coups are sponsored by some external forces that want to replace France. What is the economic effect of the coup in Gabon on the global economy?

Global economy? I don't think it will have a big impact if every country does not depend on the supply of natural resources from there. Just like that, France may want to control or have already made large profits so a coup was carried out to prevent exploitation and greater losses to the people living in the mining environment. In every country, even though it looks peaceful, regional conflicts always occur so they don't care about foreign conflicts that don't receive any support. The impact on the global economy so far does not appear to be significant, perhaps due to a lack of information on which tasks of this kind will be received more by the respective governments.

[siniminomorocomunisakito]

Major raw material might not necessarily mean the highest quantity, it could be an important raw material in the production of steel.

It is in the public domain that most countries in Africa are influenced by their former colonial masters. They are not directly in control of the nation but they influence their policies through a puppet government.

Like a system global economy is interdependent and interconnected and dysfunctioning in a a country can affect the global economy. Have you considered why the price of cereal has been going up recently?

An interesting example from you and that because the characteristics of consumer behavior are always changing and developing in terms of motivation, expectations, perceptions and learning which are influenced by the cultural environment, geography, demographics, social, political, economic, international political constellations.

If we link them as you say, they may be interdependent and related, but what is interesting here is why was there a coup? and does the government there not read the impact of flirting with foreign parties?

[|MINER|]

I read some magazines and saw there have been nine military coups and coup attempts in West and Central Africa since 2020.  At first glance, this trend of coups may appear to be a backward movement of African countries.  Countries may seem to be taking an aggressive route back to military rule.  It seems that powerful people are taking advantage of the fragile situation created by Russia's presence in the region.  But the real situation in Africa is more complicated.There are more complex reasons behind the coup.  These include weak state structures, strong military and paramilitary forces, livelihood crisis due to climate change, large youth population and economic uncertainty.  All these things collectively are sowing the seeds of despair among the youth and they are losing faith in the institutions.  As a result, the strengths of charismatic characters are becoming attractive to them. The impact spreads beyond the continent to also hit the global economy and markets by significant rises in the prices of oil, minerals and agricultural crops. This eventually causes waves of global inflation.

[Fortify]

Just early this morning some group of soldiers in Gabon declared that they had overthrown the democratically elected government in Gabon, Africa. President Ali Bongo Ondimba has been placed under house arrest and there are also celebrations on the streets of the capital  Libreville.

Some observers believe that these coups in these former French colonies like the Central African Republic, Mali, Burkina Faso, and Niger is to reduce France's economic influence in Africa. Gabon has the largest manganese mine in the world and it is controlled by the French mining group Eramet. Manganese is a major raw material used to produce steel and batteries. The company that employs about 8,000 workers has suspended its operation due to this coup. There have also been concerns about the continuity of uranium mining by French-based Orano after the coup in Niger. Niger supplies about controlled 15% of France’s uranium needs.

The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy. Others are also stimulating  that these coups are sponsored by some external forces that want to replace France. What is the economic effect of the coup in Gabon on the global economy?

What you seem to be missing from the story is that Russia has been instigating a lot of the instability in these countries, as they seek to expand their area of influence in Africa - because really they have very few overseas bases and lost the soft power war with China in that region for a long time. Combine that with the recent fall of Wagner, which was the mercenary group doing a lot of the Kremlin's dirty work on the ground, and what you're seeing is the fall out from those mercenaries losing any command structures and disintegrating. Anger against France, has been fomented but they did actually try to support a lot of the more democratic governments in the region and now we're just seeing military juntas take over which will be accountable to nobody and make the situation for the average person in these countries even worse.

[Alpha Marine]

Some observers believe that these coups in these former French colonies like the Central African Republic, Mali, Burkina Faso, and Niger is to reduce France's economic influence in Africa.

I see it as the reaction of a people who are tired of being pushed to the wall. When you push people, the keep going back until they have their backs to the wall, at that point there will be no where else to go than to push back. There is so much human and natural resources in these African countries but its leaders continue to just focus on themselves.
Military take overs like these are inevitable.
It's better it's not an uprising or a revolution where there is an excess loss of lives.

The concept of democracy in these regions is a scam. It's just a way these politicians use to subdue it's citizens. This is evident from the just concluded election in Gabon. There's no way a particular family rule a people for over 50 years while the people remain in abject poverty and a majority of the people would still vote them into power. That is just an insult on the intelligence of the people. Add that to the long list of things these people suffer at the hands of their oppressors.

The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy.

It is a shameful thing for a country to allow itself be at the mercy of another country. The resources are in your country, they belong to you, and should control them.
You don't give over the control of those resources to another country and expect them to take you seriously.
It's so bad because this is the situation of almost every African country. You can't allow another man control what you own, it doesn't matter what. These politicians just make deals that would put more money in their pockets while these external country squeeze out every resources in the country. There is no way the external country is to blame for this. Blame your leaders.

[Aanuoluwatofunmi]

The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy. Others are also stimulating  that these coups are sponsored by some external forces that want to replace France. What is the economic effect of the coup in Gabon on the global economy?

Global economy? I don't think it will have a big impact if every country does not depend on the supply of natural resources from there. Just like that, France may want to control or have already made large profits so a coup was carried out to prevent exploitation and greater losses to the people living in the mining environment. In every country, even though it looks peaceful, regional conflicts always occur so they don't care about foreign conflicts that don't receive any support. The impact on the global economy so far does not appear to be significant, perhaps due to a lack of information on which tasks of this kind will be received more by the respective governments.

Honestly just as how the people manage to adapt the consequences of the Ukraine and Russia war which lead to wheat shortage supply among many other consequences, if anything should go wrong with Gabon, it will affect nothing in global economy, but before we go further in discussion on this, let's take a look at Gabon itself and it's economy values, world ranking, and the influence it gives to other countries that rely on them for sustainability, i know that this country is still a developing country, what are the reasons why we think many countries will rely on Gabon for economy sustainability even within Africa before we going to the global benefits.