Search    
    

 

London Plays Host to Africa’s Most Ambitious Journalist Training Programme

►Next

Dar es Salaam, Tanzania, 6 November –
 
London played host to a groundbreaking training programme for African journalists last week, organised by the Investment Climate Facility for Africa (ICF) and the Thomson Reuters Foundation. The five-day course, which ran from 2 to 6 November at Thomson Reuters’ London office, was the second of two advanced European sessions for journalists who demonstrated high potential in the introductory courses held across Africa earlier this year.
 
The training programme represents Africa’s most ambitious to date and focuses on raising the standards of business, financial and investment journalism across the continent with the aim of ensuring that greater trust is put in the region’s media reporting. Both ICF and the Thomson Reuters Foundation believe that greater scrutiny of investment and business issues, more timely and accurate reporting and a culture of delivering impartial news will help increase investor confidence across the continent.
 
During the six introductory sessions, 75 participants from 17 African countries were given detailed briefings by expert speakers and the opportunity to put theory into practice through numerous practical exercises and timed writing tasks. The participants who excelled most during the introductory sessions were invited to take part in one of two advanced European courses, the first of which was held in Paris last week.
 
During the advanced London course, journalists from Botswana, Ethiopia, Kenya, Mozambique, Nigeria, Uganda and Zambia had the opportunity to hone their learnings from the introductory courses, meet international peers, exchange ideas and experiences and immerse themselves in the heart of the country’s business and commercial operations. Activity included meetings with the Editor of Africa Confidential and the African Development Bank, field trips to the London Stock Exchange and a lecture on “Doing Development in a Downturn” by Paul Mylrea, Director of Communications at the UK Department for International Development (DFID).
 
Guest speakers included Niall FitzGerald, Co-Chair and Chair of the Board of the Investment Climate Facility for Africa and Deputy Chairman of Thomson Reuters, who addressed the journalists on the critical role of the media in providing credible, transparent information for investors to use to make informed and confident investment decisions. 
 
 ICF's Chief Executive Officer, Mr Omari Issa, explains: “This project is unique for ICF as we are engaging directly with people who have a very real and vital impact on how the overall investment climate within Africa is perceived. Accurate and timely reporting will play a critical role in increasing domestic and foreign confidence in the region’s reporting and ensuring more of the continent’s financial and business reporting is ‘by Africa for Africa’. The journalists who attended the London course are truly at the forefront of their industry and we look forward to seeing them put their learnings into practise, translating investment climate improvements across Africa into wider economic progress.”
 
Over 75 journalists from across the continent attended our introductory courses in Cote d’Ivoire, Kenya, Mozambique, Nigeria, Senegal and Zambia. The selection of journalists to attend the advanced European sessions was conducted by the Thomson Reuters Foundation. 
 
During the advanced Paris course, held from 12 -16 October at Thomson Reuter’s Paris office, journalists from Burkina Faso, Cameroon, Cote d’Ivoire, Guinea and Togo had the opportunity to meet representatives from some of France’s leading organisations, including l’Agence Francaise de Development, The Organisation for Economic Co-operation and Development (OECD), French investment group Bolloré, and the Elysee’s Cellule Africaine. 
Guest speakers included Henri Bonpun, Trustee of the Investment Climate Facility for Africa and former Africa Business Group President of Unilever. 
 
ICF was established in 2006 to remove the barriers that currently exist to doing business in Africa. ICF is currently active in eleven African countries and is working on twenty two projects including four pan-regional projects and four special initiatives. 


For more information on ICF and its projects, please visit www.icfafrica.org

 

 

TODAY'S AFRICA

-------------------------------

“Today’s Africa is clearly different from the Africa of the early 1990’s, when it was coming out of the declines after the first two oil price shocks, the debt problems, and stagnation of the adjustments years. Thanks to the recent acceleration of growth, there is a higher economic base to work with”

 “Africa today enjoys better economic prospects because its leaders have undertaken major reforms during the past 10 years and are taking increasing control of their economic destiny”

“African governments are making regional initiatives in conflict resolution and are taking action to improve governance under the African Union and the New Partnership for Africa’s Development (NEPAD)”

The World Bank’s Country Performance and Institutional Assessment (CPIA) score is a broad measure of policy and institutional performance. With regard to Africa they have used 16 items to measure performance based on economic management, structural policies, policies for social inclusion and equity and public sector management and institutions.

In 2005 the CPIA score for African countries was 2.8. By 2006, it was 3.2

According to the World Bank, countries with CPIA scores of greater than or equal to 3.5 by 2006 tend to have higher growth and lower inflation than those with lower than 3.5. Only exception is Zimbabwe.

Sign of the Times in Africa

In 2008, the Probability for conflict has declined in many African Nations from 17 to 6.

--------------------------------------

Reduced Inflation

From 1980’s to 2008- About 10 countries experienced hyper inflation at various points in time

Now, Inflation in Africa has come down since 1995. Inflation has fallen below 10% since 2002, except in Zimbabwe

Number of countries that have kept inflation below 10% a year Increased from 11 to 30 countries

READ MORE ...

Sources: Is Africa’s Economy at a Turning Point? The World Bank Africa Region-Policy Research Working Paper/World Bank Policy Research Papers –World Bank Development Indicators (WDI), February 2008