Shifting regional alliances, spurred by Europe’s economic adversity and the spread of radical Islam across Africa, has created a window of opportunity for Israel to reengage with a host of emerging African nations.
Last week, Africa’s Voices in Israel, a grassroots effort spun off from the successful America’s Voices in Israel organization (part of the Conference of Presidents of Major American Jewish Organizations), invited six Central Bank governors from various African nations to Israel in an effort to forge closer economic ties between Israel and emerging African countries. The inaugural Africa’s Voices in Israel mission was led by prominent New York businessman Michael Landau and sponsored by the IDT Corporation.
During a meeting with Israel’s deputy minister of Finance, Yitzhak Cohen, Professor Martin Dlamini, Central Bank governor of Swaziland, encouraged ongoing cooperation between Israel and Africa. “As we are an agriculturally dependent economy, it is important for us to meet with agricultural innovators in Israel and businesspeople who would be willing to invest in developing our agricultural market,” said Dlamini. “Therefore, I am grateful to have received this invitation from Africa’s Voices in Israel to strengthen the relationship between Israel, Swaziland and my African colleagues, by creating grassroots efforts in the fields of agriculture and finance.”
Professor Eugene Kandel, head of Prime Minister Benjamin Netanyahu’s National Economic Council, told the group, “Israel has a track record of overcoming adversity and turning it into opportunity. We are a perfect model for developing countries in the areas of agriculture, banking security, and water technology. We see Africa as a strategic opportunity for Israel.”
Netanyahu’s senior adviser, Ron Dermer, said, “We sincerely hope that this mission will help forge a new set of alliances between Israel and Africa. The prime minister believes that the time has come for Israel to invest in developing financial, political and security relationships with the African continent. For banks in emerging nations, our expertise in cyber security will allow you [African banks] to make a critical financial jump forward, while protecting your banking assets against cyber attacks.”…Read More>>