North Africa and the scramble for ‘new oil’

Energy and Sustainability
Written By Hafed Al-Ghwell

Outlet: Arab News

Language: English

Abstract: Africa's abundant minerals position it as a pivotal player in the transition to low-carbon economies. While Africa holds vast natural wealth, it struggles to capitalize on it due to capacity constraints. Moreover, geopolitical powers like China and Russia vie for control, posing potential supply-chain risks. Western nations must collaborate with Africa, leveraging the continent's potential while reducing dependency on Eastern powers. Meanwhile, The Maghreb emerges as a strategic gateway, playing a crucial role in Africa's economic and geopolitical future. Thus, Africa's newfound prominence demands careful planning and collaboration to ensure the effective utilization of its resources.

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Hafed Al-Ghwell
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