The Alliance of Francophone Employers: Business in French

Geoffroy Roux de Bézieux, president of MEDEF (Grouping of French managers and shareholders), was in Tunis on March 29 to sign an agreement with 23 organizations of employers from French -speaking countries, which created The Alliance of Francophone Employers. The ceremony was held in Tunisia at the invitation of UTICA, the Tunisian counterpart of the employers ’union in France.

An economic environment with a future

The French -speaking world can be estimated at 524.0 million on January 1, 2021 (an increase of almost 2.3% over a year (512.3 million at the beginning of 2020), and a population that is now larger than the total made up of the European Union and the United Kingdom (515.8 million) “, the note Center for study and reflection on the French-speaking world (CERMF). This estimate only considers “countries and territories that truly only speak French”, the CERMF asserted. Consider the geographical area where the population is in daily contact with the French language, and where one can “live in French”.

While according to the Demographic and Statistical Observatory of the Francophone Area (ODSEF) of Laval (Canada), by 2050, more than 70% of French speakers will be African and Africa will have more than 90% of young Francophones aged 15-29. Therefore it is a huge market created in France.

However, it is clear that France has a definite lack of interest in French-speaking Africa, representing only 3.6% of its foreign trade in 2019 (including 1% for the sub-Saharan region). This situation, particularly resulting from the low level of productive investments made in this broad group (except Tunisia and Morocco), is particularly evident in the Democratic Republic of Congo, a strategic country with none other than the largest and the most populous French -speaking country in the world, and where France shines through its virtual absence.

However, Francophones are “weighing and weighing more” in the global economy, as the International Organization of La Francophonie reminds us in some of these numbers:

  • 16% of the world’s population
  • 16.5% of Global Gross Income
  • 20% of trade is between French -speaking countries

The properties of the Francophonie

Endowed with business law with a common basis, a dynamic, young and highly trained demographics and companies thriving in all sectors of economic activity that are innovative, competitive and count the many leaders in the world, the economic area that French speakers are very well “equipped” to meet the challenges of the 21st century.

“La Francophonie’s wealth will come from growing flows between our companies, more commercial exchanges, more cross-investment and more partnerships”

Samir Majoul, President of UTICA

The continent of Africa in particular represents an opportunity, as it is the most dynamic geographical area of ​​the Francophonie in terms of demographics and growth.. It is undeniably one of the pivots in the Republic of Congo and Algeria, which, after France, are the two countries with the most French speakers and which both have massive mineral or hydrocarbon reserves. Not to be forgotten are the countries in Southeast Asia, Vietnam, Cambodia and Laos, which are now moving away from the French-speaking world.

Recently, we have seen the emergence of a French -speaking virtual currency, the paypite. The 2019 report in French published by OIF taught that “Trade between French speakers around the world is hampered by many barriers: high cost of international financial transactions (up to 20% of the amount sent), underbanking, currency fluctuations. . ”

The Paypite project aims to remove these barriers to trade between French speakers in order to simplify and develop economic exchanges, by promoting the use of a common currency, the paypite, forming a step towards in a French -speaking economic union.

An alliance of bosses to promote growth

The project led by business leaders from French -speaking countries is a new brick for building common prosperity. This approach is in line with the desire of the President of the Republic, Emmanuel Macron, to create a new relationship with Africa, which he established on February 17 and 18 in Brussels at a summit between the European Union and the African Union.

Since the publication of Attali’s report on the Francophonie and Francophilia, the drivers of sustainable development, the concept of “economic Francophonie” has referred to both the ability to build business in French but also to promote a more equitable, sustainable and inclusive economy to serve. population and contribute to overall well-being. This is the machine of the bosses who met in Tunis on March 29, 2022.

Together, they created 7 working groups with well -defined themes:

  • infrastructure and large projects,
  • free movement of goods, services
  • the free movement of people,
  • ecological transition and CSR,
  • funding,
  • eco-investment
  • Training

This alliance will bring together a total of 31 French-speaking employers, reflecting the resolution to build a concrete economic Francophonie around businesses.

The alliance, whose next meeting is scheduled for Abidjan next October, on the sideline of a summit of the International Organization of La Francophonie, will have a permanent organization. Its mission is to speed up the flow of business between French-speaking companies, to coordinate the French-speaking action of the most representative professional organizations of each of the member countries, to establish shared diagnoses and be a source of proposals. Having elected its general secretariat, Morocco will oversee the day-to-day management and preparation for the next meeting on its soil.

  • Samir Kahred followed his parents, whose father was an engineer in a branch of the Bouygues group. After studying at the Lycée français and studying in Cairo, she became a journalist for the local media and interacted with lesfrancais.press.

    View all posts

Leave a comment

Leave a Comment