Tag: Africa
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Critical Minerals in Africa: Strengthening Security, Supporting Development, and Reducing Conflict amid Geopolitical Competition
The United States Institute of Peace convened a senior study group to explore the role Africa plays in the United States’ efforts to diversify US critical mineral supply chains and how new investment in partnerships with African countries could help drive economic development and strengthen peace and security on the African continent. Based on meetings and interviews…
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UBA Unveils ‘Scan To Resolve Complaint’ Portal For Enhanced Customer Experience
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, qrdispute.ubagroup.com:8088, called the ‘Scan to Resolve Complaint’ portal aimed at enhancing satisfaction and swiftly addressing customers’ complaints. The innovative platform marks another significant step by the bank to revolutionise customer service and streamline complaint resolution processes. The ‘Scan to…
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United Arab Emirates as forth investor in Africa
In 2023, ties between the UAE and Africa reach their peak, marked by Abu Dhabi’s commitment to invest $4.5 billion in the continent’s clean energy. With a total of $60 billion committed from 2012 to 2022, the Emirates are the fourth largest investor in Africa over the last decade, behind China, Europe and the United…
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Exploiting Africa’s Resources: The Looting Machine
Africa remains a rich reservoir of natural wealth, encompassing rare earth minerals, metals, gold, and hydrocarbons. Despite this abundance, a significant portion of Africa’s populace resides in nations where oil, gas, and minerals hold pivotal economic roles. However, average incomes in these regions persistently lag behind the global average. Moreover, reliance on commodity exports often…
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US begins its largest military exercise in East Africa
🇺🇸🌍 A US-led military exercise code-named “Justified Accord” begins in Kenya on Monday, with more than 20 nations taking part in what has been billed as the largest event of its kind in East Africa. The 11-day exercise, which will end next Thursday, is aimed at increasing participating countries’ readiness for peacekeeping missions, crisis response…
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The Alexandria Naval Shipyard and the Italian company Fincantieri have signed a memorandum
The Alexandria Naval Shipyard and the Italian company Fincantieri have signed a memorandum of understanding, where both parties will discuss cooperation and joint ventures regarding the construction of naval vessels. It is important to note that the Alexandria Shipyard has become one of the biggest constructors of naval vessels and ships in the Middle East…
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Richer countries seek to grab large swathes of land in Africa as “carbon credits” to offset their own carbon emissions – it’s a colossal scam
As has become commonplace at such gatherings, the theme this week at the United Nations Climate Summit (“COP28”) has been reducing carbon emissions. The underlying, more sinister theme is to reduce emissions worldwide and is tantamount to modern-day colonialism. The Financial Times reported there is a “looming land grab” in Africa by corporations in richer countries to…
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