The Gulf’s growing role in Africa
Interest in investing in Africa has waxed and waned over the years, in response to the global economic and political mood. Investor interest is beginning to regain momentum as global growth begins to slow, trade tensions amongst developed markets escalate, and the search for yield becomes ever more...
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sg-ntu-dr.10356-1426112023-08-21T06:20:32Z The Gulf’s growing role in Africa Gopaldas, Ronak Nanyang Business School Business Business::General Africa Investment Interest in investing in Africa has waxed and waned over the years, in response to the global economic and political mood. Investor interest is beginning to regain momentum as global growth begins to slow, trade tensions amongst developed markets escalate, and the search for yield becomes ever more feverish in our low interest rate world. Rising tensions in the Gulf hastened the region’s push to forge strategic alliances in Africa, which could well illuminate a prosperous new period for those African countries able and willing to cement mutually beneficial ties. Much is at stake for all parties: Africa’s strategic geographic positioning along critical oil trade routes offers Gulf states an incentive to develop alliances, while African states could benefit from significant (and much needed) investment inflows and infrastructure development. Published version 2020-06-25T06:50:35Z 2020-06-25T06:50:35Z 2019 Newsletter Gopaldas, R. (2019). The Gulf’s growing role in Africa. Africa Current Issues, 4. doi:10.32655/AfricaCurrentIssues.2019.04 https://hdl.handle.net/10356/142611 10.32655/AfricaCurrentIssues.2019.04 4 en Africa Current Issues This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0). application/pdf |
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Interest in investing in Africa has waxed and waned over the years, in response to the global economic and political mood. Investor interest is beginning to regain momentum as global growth begins to slow, trade tensions amongst developed markets escalate, and the search for yield becomes ever more feverish in our low interest rate world.
Rising tensions in the Gulf hastened the region’s push to forge strategic alliances in Africa, which could well illuminate a prosperous new period for those African countries able and willing to cement mutually beneficial ties. Much is at stake for all parties: Africa’s strategic geographic positioning along critical oil trade routes offers Gulf states an incentive to develop alliances, while African states could benefit from significant (and much needed) investment inflows and infrastructure development. |
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The Gulf’s growing role in Africa |
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The Gulf’s growing role in Africa |
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The Gulf’s growing role in Africa |
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The Gulf’s growing role in Africa |
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The Gulf’s growing role in Africa |
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gulf’s growing role in africa |
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2020 |
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