From fuel markets to lithium reserves, Gulf countries are expanding their reach across Africa. What are the benefits for Africa and what are the risks?
#Africa #GulfStates #Infrastruture #dwbusiness
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Gulf countries have invested over $100 billion in Africa. Is this a major opportunity for African economies — or the beginning of new dependencies?
Hmmmm economy slavery just like china?
Corrupt politicians sell out the resources for their own benefit. Wealth will be created elsewhere, of course. The common population will stay behind (poor with no access to clean water, sewage, food, healthcare, social security). As always.
Petrol station not gas station.
And we don't have straits and gulfs, you blockade us you will get hurt
Chine-hah spent far more, and far more exploitatively, to monopolize minerals strategically
And they are some of poorest and underdeveloped countries in the world
Recolonization 😅 the people shed so much blood 🩸 to liberate themselves just to go backwards. Asians are white, Arabs are white.
They have no human capital.
The new colonizers
Africa is up for sale.
I'm in Kenya and I'm not aware of any tangible investment the Gulf has made except headlines.On the ground there's almost nothing
This is coming from an.. European media organization. Conflating investment and exploitation. No shame at all.
Africans are cursed. They have so many resources but always find a way to slaughter each other over some dictator. They are now selling everything to china and the Middle East. Good luck 😢
😂😂😂😂😂
Hmmmm sudan 🇸🇩 and UAE 🇦🇪
A major protest is about to take place is Zimbabwe. Is anybody covering it? The people are claiming they want to topple Mnangagwa.
The problem with Africa is socialism. If you look at most African countries, they are one of the most difficult countries to do business. With such laws it is unlikely they'll develop fast, when they fix them they'll bloom though
Only Gulf countries? Europe has been stealing African wealth since 300+ years!
“Gulf Countries has invested $100billion in Africa “❌
Gulf countries has invested $100 billion in Corrupt Africa Leaders.( 80% of the money is sitting in offshore accounts), while the remaining one is use to fund proxy wars in Africa. ✅
The Gulf has a name. If you have finished high school, you know its name.