Tag: Africa
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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
๐บ๐ธ๐ 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 countriesโ 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 โcarbon creditsโ to offset their own carbon emissions โ itโs a colossal scam
As has become commonplace at such gatherings, the theme this week at the United Nations Climate Summit (โCOP28โ) 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 โlooming land grabโ in Africa by corporations in richer countries to…
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- Africaโs telecom towers turn to solar as diesel costs surge
- ๐ฟ๐ฆOnce extinct flower now flourishing in a South African national park
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