The United Arab Emirates (UAE) has surged to become Africa's leading investor, pledging $110 billion in new projects, primarily focused on renewable energy. This influx of capital is seen as crucial for Africa's green energy transition, filling the void left by lagging Western investments. However, concerns are growing that the UAE's focus on economic gains might overshadow labor rights and environmental protections.
Dubai’s Emirates airline has flights to 20 Africa n countries, and UAE companies have investments in agriculture and telecom on the continent.Dubai’s Emirates airline has flights to 20 Africa n countries, and UAE companies have investments in agriculture and telecom on the continent.
Although African leaders have welcomed the increased interest from the Emiratis, some activists and analysts have expressed fears that the UAE’s Dubai’s port and airline companies were early movers to Africa. Dubai’s Emirates airline has flights to 20 African countries. DP World, controlled by Dubai’s royal family, has been present in the region since 2006. It manages six ports, with plans to build two more. Abu Dhabi Ports has managed Kamsar port in Guinea since 2013, and recently won concessions in Egypt, the Republic of Congo and
The deal was a surprise to most observers. ZCCM took over the debt-laden mine from Glencore in 2021 and had been searching for a new investor. Throughout 2023, the shortlist was widely reported to be down to two companies: China’s Zijin Mining and South Africa’s Sibanye Stillwater.
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