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Wed, 01 Dec 2021 Feature Article

A Quick Note To The President Of The AfDB

A Quick Note To The President Of The AfDB

Dear Mr. Akinwumi Adesena,

I write to appeal to you, to order an independent investigation, into the unfortunate impasse in the operations of B-BOVID.

The impasse arises from the shabby attempt by the Banque Edmond de Rothschild Group's Moringa, to take over B-BOVID, by edging out its brilliant founder, Issa Ouedraogo, despite the fact that the relationship (between all the stakeholders, in what is a social enterprise, whose win-win climate-resilient business model, empowers its value-chain's hitherto marginalised smallholder farmer-stakeholders, to bootstrap their way out of the brutish-hellish-trap, which endemic rural poverty, represents) ought to be equitable and inclusive.

Sir, every pan-Africanist alive today, feels some pride, in the undeniable fact that you have successfully transformed the AFDB (against fierce-pushback from Africa's many secret and hypocritical ill-wishers), into an instrument-of-change, for the provision of concessionary longterm capital, to fund the modernisation and expansion, of the continent's infrastructure, and empower our brightest and best entrepreneurs, to create wealth that remain locally, and generate jobs galore.

You are also noted for being a stickler for corporate good governance principles, and for your abhorance against the high-level corruption holding back rapid GDP growth of the continent's national economies.

It in light of that, that I am appealing to you (not to take sides, but), to order an independent investigation into the unfortunate impasse, which arise from the egregious ruinous-actions, and negligence-causing-inactions, of Moringa, in a social enterprise relationship that by definition ought to be anchored on the bedrock good-governance-principle of duty-of-care, at all material times, but, which sadly, is a management-ethos that has never been demonstrated, by Moringa, thus far.

Thanks.

Kind regards,

Kofi.

Kofi Thompson
Kofi Thompson, © 2021

Writer & activist for environmental justice & human rights. . More Born into a farming family, I speak truth to power to amplify the voices of victims of injustice.Column: Kofi Thompson

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Comments

Kofi | 12/3/2021 8:12:33 PM

It sometimes very pity when I see people they call themselves journalists walking with their stomachs. Who is a Pan-African? Moringa has invested 6M USD in BBOVID and issah Ouderaogo miss managing their investment you want them to sit quietly and watch him ? Issah Ouderaogo has totally sold the company ,if you don't know he has just 9.5% share and because he has the lowest share in the company he's using his position as a CEO to steal from the company and you call this...

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Started: 06-06-2025 | Ends: 06-07-2025

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