Amar Ait Mouffok

He did a B.Sc. in Business Administration, a M.Sc. in Financial Engineering & Risk Management at  the University of Algiers and holds a MA in International Relations and a MPA in Public  Administration.   Today he is a world-renowned expert in International Finance, Banking, Geopolitics and  International Affairs and African Affairs. He is an international businessman, social entrepreneur  and a former banker. He was born in Algeria and resides in Berlin, Geneva and Istanbul. He has  been involved in the identification, development and financing of major projects in the fields of  Oil, Gaz, Gold and Diamonds in Africa, Asia and Middle East.  He has over twenty years’ experience as a Financier to a range of start-up ventures and is the  visionary behind industry innovators in Strategic Planning, Banking, Event Marketing, Internet  Commerce, Commodities Trading, Electronic Trading Systems and Global Sales and Services Leader  in the IT industry.   He was the first to conceive, develop and finance with his team of prominent economists and  computer scientists a cryptocurrency known as ‘’AFRO’’, dedicated to economic and societal  development of Africa. AFRO was designed to address the multiple problems of the African  continent. About 83% of the population does not have a bank account. They are therefore excluded  from the system. Access to loans is low, even in terms of microfinance, and the continent lacks  financial infrastructure. Moreover, Africa has more than 40 different currencies for 54 countries,  which makes currency exchange quite complicated and expensive, just like air traffic between  countries. The AFRO was created in December 2016 by a group of economists, crypto-currency  experts, humanists and thinkers, who stand behind the AFRO Foundation and lead the project.  AFRO is a non-political and neutral tool, created for and available to all countries on the African  continent, as well as to anyone who wants to participate in this humanitarian project, or simply  wants to use this new currency.   Curriculum Vitae – Amar Ait Mouffok - In 2022, he was appointed Ambassador at large of the State of the African Diaspora (SOAD) to  develop and establish diplomatic relationships with European countries and the Middle East. In  September 2022 he was appointed Minister of Budget and Public Accounts of the State of the  African Diaspora (SOAD) in charge of fundraising and international development.   In 2018 he was appointed Ambassador at large of the International Organization of Latin-American  Mayors for Sustainable Development and Climate Change (OLS-DSCC) that is headquartered in  Madrid, Spain, and fully registered at the UN and EU, representing 32 countries and 14440 Latin American Mayors. He oversees international cooperation and business development with a focus  on the private sector between Latin America and Europe, particularly in Germany, Austria,  Switzerland and Turkey. A strong and engaged private sector is indispensable to ending extreme  poverty and boosting shared prosperity in Latin America. The challenges that Latin America faces  are enormous in magnitude and complexity. Latin America is the most unequal region with a  poverty rate of 28%, in which a high degree of precariousness and informality persists. It is  imperative to seek ways to boost sustainable growth for the region, diversify their economies and  increase their productivity. Progressive globalization is changing the environment of international  cooperation for sustainable development. A world in transition has emerged with a multitude of  new actors seeking contemporary answers to economic questions. The processes of change bring  challenges that individual companies are not up to. At the same time, however, they open scope  for new forms of cooperation.   The OLA-DSCC Development Programme for Latin America and the Caribbean is an important step  in this direction. Its basis of trust and co-operation will promote political and technical dialogue at  the highest level to move towards a more prosperous, more democratic and more inclusive future  for all our countries. Within the transition of Latin America towards a state of integral  development, collaboration with Europe as a strategic partner is very important.   The OLA-DSCC Development Programme is an effective way to materialise this collaboration,  which we hope will deepen and focus on specific issues of interest and value to the region. As  OLA-DSCC ambassador, he was very concerned about the situation in West Africa particularly in  Guinea-Conakry.   Rising social and economic stresses have eroded public confidence in institutions of democratic  governance around the world. In many countries, this has led to an increase in riots and protests. In  some countries, this has galvanized populist or autocratic movements. In West, and Central Africa,  this has translated into a spate of ''coupsd'états'', at a rate unseen since the adoption of the Lomé  Curriculum Vitae – Amar Ait Mouffok -  Declaration in July 2000, which banned coups and adopted sanctions against regimes that had  taken power through a coup. Since the beginning of 2021, there have been military seizures of  power in Chad, Guinea, Mali (twice), Sudan and (in early 2022) Burkina Faso. In March 2021, a coup  attempt was reportedly foiled in Niger, days before the inauguration of the President. The cases of  Guinea and Mali are illustrative of this broader trend. He has earlier discussed this critical issue  with the ex-Director General of UNESCO and President of the Foundation of Culture of Peace, HE  Prof Federico Mayor Zaragoza, the EU Vice President and the High Representative of the EU  Diplomacy, HE Mr Josep Borrell and with the UN Under-Secretary General, HE Mr Miguel Angel  Moratinos, the former Special Advisor to the UN SG late Boutros Boutros-Ghali Prof. Dr, Karim  Errouaki and the UN High Commissioner for Human Rights, HE Mrs. Michelle Bachelet, the former  Ambassador of Spain to Guinea and Sierra Leone HE José Leandro Consarnau Guardiola, and the DG  of CAFRAD Professor Stéphane Monney Mouandjo, all of whom are fully aware of the plight and  deplorable situation of Mr. Kassory Fofana and Mr. Louncény Nabé. He recently did a letter to His  Excellency President of CNRD Colonel Mamadou Doumbouya whereby he very passionately  explained to him that the epidemic of coups exposes political fragility in Africa, but military rules  aren't the answer and appealed for the immediate and unconditional release of my friends and  colleagues, former Prime Minister of Guinea Dr.Ibrahima Kassory Fofana (an American-Guinean  Citizen) and former Governor of the Central Bank of Guinea Prof. Louncény Nabé (Guinean Citizen)  who have been in detention without trial for over nine (9) months, having spent the entire  Ramadan period in incarceration.   In 2022, Mr. Amar Ait Mouffok was also in discussions with the EU Commission, Turkish and  Russian authorities as well as with the UN High Commissioner for Human Rights and former  President of Chile Mrs. Michelle Bachelet in Geneva and had the opportunity to report to them the  general of conditions of former Prime Minister of Guinea-Conakry Mr. Ibrahima Kassory Fofana and  former Governor of the Guinean Central Bank BCRG Professor Louncény Nabé. From September  2017 to September 2021, Mr. Amar Ait Mouffok was a Special Advisor to the Governor of the  Central Bank of the Republic of Guinea (BCRG) and Member of the BCRG-Expert Group under the  Co-Chairmanship of Prof. Dr. Edward Nell, Nobel Laureate Prof. Dr. Robert Mundell and Prof. Dr.  Karim Errouaki, for the Development and Implementation of the ECOWAS Common Currency  Project.   Curriculum Vitae – Amar Ait Mouffok -  In 2023, he was appointed as ambassador and permanent member of The International Advisory  Committee (IAC) of the Pan African Intergovernmental Organisation C.A.F.R.A.D., the second  intergovernmental organisation established in Africa in 1964 by the African Union with the full  support of UNESCO.  He is based in Berlin, Geneva and Istanbul.
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