business diplomacy and facilitates the rapprochement between the business and diplomatic communities.
It is in this context that Diplomat Investment Magazine has set up an innovative approach of targeted business communication aimed exclusively at major financial leaders and decision-makers, investors and economists in emerging countries. The Magazine focuses on the major movements of capital and investment on a global scale through the new business and economic diplomacy.
More than a simple magazine, Diplomat Investissement Magazine has become a very influential information and communication tool that promotes strategic investments and diplomacy. Its philosophy consists in marrying the diplomatic world with that of investments and high finance.
To put this concept of economic diplomacy into practice, Mr. Jean Tele Udimba founded in 1998 in Montreal a renowned organization, the Canadian Ambassadors and Business Club for Africa (CAECA), where he held the position of Executive Director. The Board of Directors of this Club was composed of 5 African ambassadors accredited to Canada (South Africa, Algeria, Kenya, Cameroon and Senegal) as well as 10 major Canadian companies (SNC Lavalin, Dessau, Lambert Somec, TecsultAlacan, Hydro-Québec, Bombardier, Groupe Chagnon, Canadian Manufacturers and Exporters, etc.). This club has now become the Canadian Council for Africa. One of the major objectives of the Club was to create investment funds for African and Canadian governments and businesses working in Africa. The outcome of this process allowed the Canadian government to create an Investment Fund for Africa (IFCA), which was capitalized at $500 million.