Via Eurasia Review, rather sober commentary on the prospects for the Horn of Africa: It must certainly look that possibilities of a new regional block comprising the Horn of Africa States of Somalia, Ethiopia, Eritrea and Djibouti are fading. Ethiopia recently applied to join the BRICS grouping and its admittance is expected to be official […]
Read more »Courtesy of Foreign Policy, a report on how Abu Dhabi’s heavy investmnent in ports and land across the continent is facing public backlash and competition from Beijing: In a bid to become the hegemonic power in the Middle East and outperform other Persian Gulf nations, such as Saudi Arabia and Qatar, the United Arab Emirates […]
Read more »Via BBC, a report on DP World, the UAE firm taking over Africa’s ports: A multimillion-dollar deal signed between Emirati maritime giant DP World and Tanzania on Sunday looks set to further entrench the dominance of the United Arab Emirates (UAE) in Africa’s freight industry. Reports of the $250m (£205m) deal first emerged in July, […]
Read more »Via Energy, Capital, and Power, a report on Djibouti’s first-ever utility-scale wind energy project: For-profit investment management firm Climate Fund Managers inaugurated Djibouti’s first-ever utility-scale wind energy facility: the 60 MW Red Sea Power plant located near Lake Goubet. Representing the first Independent Power Producer-led and grid-integrated renewable energy facility in the country, the project […]
Read more »Via Bloomberg, an article on Ethiopia’s growing focus on gaining direct access to the Red Sea: Prime minister calls for talks with neighbors on harbor access Issue raised amid growing tension with neighboring Eritrea Ethiopia’s lack of access to a port on the Red Sea is a potential source of future conflict with neighboring countries, […]
Read more »Via Semafor, a look at Djibouti’s inaugural wind farm: Djibouti made its formal debut as a player in renewable energy with the launch on Sunday of its first-ever wind farm. The $122 million Red Sea Power project, which will provide 60 megawatts from a farm near Lake Goubet, will be followed by an additional 45 […]
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