29 Nov 2024
African Think Tank

Association For Strategic Culture and Research Foundation

African Think Tank
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Libya crisis: oil production declines by 50%
The average price of regular gasoline has topped $4 a gallon in recent weeks in the US, which is nearly 50% more than last year. Natural gas prices have also risen significantly, which has led to an increase in the cost of electricity and home heating.
By Miral Sabry Al-Ashry
July 11, 2022
Congress Passes Anti-Russia Bill Reinforcing Neo-colonialism in Africa
Russian military operations in Ukraine are in response to Washington and Wall Street’s efforts to expand the North Atlantic Treaty Organization (NATO) deeper into Eastern Europe as a direct threat to the interests of the Russian Federation and its allies.
By Abayomi Azikiwe
June 15, 2022
Detroit’s Fiscal Budget: A Case Study in Corporate Domination
These developments in Detroit represent a microcosm of the U.S. as a whole. There is an inflation rate of more than 8% not witnessed in more than four decades. At the same time, the Biden administration has provoked a conventional war with Russia over the expansion of the North Atlantic Treaty Organization (NATO) further into Eastern Europe.
By Abayomi Azikiwe
May 14, 2022
Russian Hit-Back Against The Western Countries Is Yet To Begin
Let's analyze the counter-sanctions levers that Russia has at its disposal.
By Bhim Bhurtel
May 14, 2022
South African KwaZulu-Natal Province Imperiled by Flooding
These living arrangements are part and parcel of the continuing legacy of the former racist apartheid system which was rooted in segregation to facilitate the super-exploitation of African labor. Africans and other people of color communities were placed in areas of the country which were away from the central cities.
By Abayomi Azikiwe
April 28, 2022
Western Sanctions Against Russia Creates Food Deficits Globally
On an international geostrategic level, the Soviet Union and the U.S. found themselves on the opposite sides of the political spectrum. In Africa, Asia and Latin America, the Soviet Union supported the national liberation movements and those independent governments seeking to build an anti-imperialist and socialist orientation.
By Abayomi Azikiwe
April 13, 2022
How does the Ukrainian crisis affect Libya?
International companies rushed to consult with the Libyan National Oil Corporation about increasing supplies to Europe, but experts made clear their concerns about the political situation that the National Oil Corporation may not have export possibilities with the decline in good maintenance and oil smuggling.
By Miral Sabry Al Ashry
February 27, 2022
Unite to Save South Africa
I have always located the problems we face within an economic model which promotes inequality and the desperation of the many, who suffer at the hands of the minority who are rich. As levels of desperation rise and the vulnerability of the marginalised increases, the potential for anti-constitutional, populist demagoguery will grow in South Africa.
By Thabo Makgoba
February 17, 2022
The Horn of Africa States – A New Regional Block
After a nearly two decades old antagonistic relationship between Ethiopia and Eritrea, it ended with a seemingly unexpected rapprochement between the two countries in July 2018.
By Dr. Suleiman Walhad
February 16, 2022
Xi reaffirms 'comprehensive strategic partnership' in meeting with Sisi
The Chinese president also stressed the “comprehensive strategic partnership” between Beijing and Cairo that has become “a model of solidarity between China and Arab, African and developing countries.”
By Hagar Hosny
February 14, 2022
European Union targeting Comprehensive Partnership with Africa
Long before this summit, European Union members and business investors have been making consistent efforts at capitalizing on and exploring several emerging opportunities offered by the newly introduced African Continental Free Trade Area (AfCFTA), which provides a unique and valuable access to an integrated African market of 1.3 billion people. In practical reality, it aims at creating a continental market for goods and services, with free movement of business people and investments in Africa.
By Kester Kenn Klomegah
February 13, 2022
What Does 2022 Have In Store For Africa?
Compared to other recent periods, the continent has relatively fewer conflict situations at the dawn of 2022 and a few conflicts that are quite deadly. Several states—Burkina Faso, Cameroon, Central African Republic, Democratic Republic of the Congo, Ethiopia, Libya, Mali, Mozambique, Nigeria and Somalia—are experiencing a range of violent conflicts that are leaving much civilian suffering in their wake. Many have tended to privilege military approaches to ending them. A change in strategy in Ethiopia and states in the Sahel could move them closer to peace.
By Dr Issaka Souaré
February 12, 2022
Russian Policy Failing Africa’s Sustainable Development
After the State Duma meeting, Kester Kenn Klomegah fixed this interview with Ambassador Nicholas Sango who willingly shared his views and thoughts on a few current pertinent issues connecting Russia and Africa. Below are the interview excerpts
By Kester Kenn Klomegah
January 30, 2022
EU-Africa Trade Relations
The potential to increase trade, economic growth, job creation and integration across the continent remains enormous, because today, only around 17% of African trade flows take place between African countries.
By Valdis Dombrovskis
January 27, 2022
Libya Struggling Economic: Bringing the Oil Sector Back on Track
The Libyan oil sector also faces frequent obstacles and disturbances from employees, most of which are related to the closure of oil facilities as a result of
By Miral Sabry Al Ashry
January 24, 2022
Africa’s Path To Recovery In An Uncertain World
Beyond the health crisis, securing the recovery will be a complex task, requiring policymakers to make difficult trade-offs to meet people’s immediate and long-run needs, while avoiding excessive debt. Achieving this balance is never easy, but it is more challenging than ever in today’s uncertain environment. Each country’s course will be guided by its own circumstances, including economic growth, inflation pressures, budget space, and its ability to attract public and private financing.
By Kristalina Georgieva, Macky Sall
January 13, 2022
US-China Sustainable Infrastructure Collaborative Opportunities: Green Partnerships Must Begin In Africa
The United States has an opportunity to work closely with African nations and China to implement new infrastructure projects sustainably. The US must take advantage of China’s rhetoric on adherence to new environmentally friendly practices. The ‘green’ way must become the only way to conduct infrastructure projects.
By Hannah Bases
January 13, 2022
How Effective Communication Can Help Boost Intra-African Trade
The question is, are African countries harnessing this potential offered by the AfCFTA?
By Mosh Matsena
December 27, 2021
Europe Unveils U.S.$340bn Response to China's Belt and Road Initiative
The aim of the EU programme -- called Global Gateway -- is to help underpin the global recovery by mobilising investments in digital, clean energy and transport networks, as well as boosting health, education and research systems across the world. Low and middle-income countries were already facing a US$2.7 trillion infrastructure investment gap before the pandemic, according to World Bank estimates.
By Cable News Network
December 15, 2021
Russia's Influence in the Central African Republic
Conflict over CAR's mineral resources could also intensify amid fears that the government may compensate Wagner or associated companies by handing them control of mining zones. Wagner arrived in 2018, around the same time that the government granted gold and diamond mining licences to the Russian-owned company Lobaye Invest SARLU.
By Pauline Bax
December 6, 2021
Building China-Africa Community With Shared Future
This year marks the 65th anniversary of the start of diplomatic relations between China and African countries. Over the past 65 years, China and Africa have forged unbreakable fraternity in our struggle against imperialism and colonialism, and embarked on a distinct path of cooperation in our journey toward development and revitalization. Together, we have written a splendid chapter of mutual assistance amidst complex changes, and set a shining example for building a new type of international relations.
By H.E. Xi Jinping
December 2, 2021
Why APEC Still Matters More Than Ever
The United States and China both have skin in the APEC game. The setting in which they must deal is multilateral, and their dealings are on full display to all other 19 members. APEC is not a negotiating forum that delivers formal inter-state agreements or has legal supra-national authority. It gives equal voice to, and requires consensus among, all its members, large, small and middling. It is no accident that the Biden-Xi summit follows hard on the heels of APEC.
By Peter Drysdale
December 2, 2021
China and Africa Move into New Era of Cooperation
Africa is experiencing a flowing tide of solidarity and self-strengthening, and the continent’s influence in international affairs continues to grow. It is now forging ahead with the development of free trade zones, accelerating industrialization and modernization, and heading towards the bright future envisioned in the AU’s Agenda 2063.
By Kester Kenn Klomegah
November 30, 2021
The Global Pandemic Pushing Africa into A Severe Job Crisis
The economic principles have to be pursued and demanded with the same energy as the political ones. Fundamentally, it is the responsibility of the state, controlled by democratic institutions and an active civil society, to ensure that economic growth actually translates into employment creation.
By Johann Ivanov
November 28, 2021
China: The Upcoming Global Superpower
China holds 17.7% of the world’s total wealth, the second largest share held by any country. It has the world’s largest banking sector, with assets of $40 trillion and the world’s top 4 largest banks all being in China. In 2019, China overtook the US as the home to the highest number of rich people in the world, according to the global wealth report by Credit Suisse. It has the highest number of rich people in the world’s top 10% of wealth since 2019. There were 658 Chinese billionaires and 3.5 million millionaires.
By Kester Kenn Klomegah
November 28, 2021
US Investors to Explore Opportunities in AfCFTA
United States investors are looking forward to exploring several opportunities in the African Continental Free Trade Area (AfCFTA), a policy signed by African countries to make the continent a single market.
By Kester Kenn Klomegah
November 17, 2021
Why Russians Are Complaining How to Engage with Africa
In order to raise the economic influence, Russians have been making efforts to identify a structured finance mechanism for mega infrastructure projects such as nuclear power and energy, natural resources exploration and to significantly increase trade with Africa
By Kester Kenn Klomegah
November 11, 2021
China Is the Biggest Winner From Africa’s New Free Trade Bloc
When the African Continental Free Trade Area (AfCFTA) was initially proposed at the African Union summit in 2012, it had two goals: First, build a pan-African agenda in trade and cooperation. Second, lift a large percentage of people out of poverty by instituting structural economic changes and cooperative legislation.
By Oluwatosin Adeshokan
November 9, 2021
The Impact of Climate Change on Africa’s Economies
The ongoing United Nations Climate Change Conference (COP26) should specifically address the climate change impact on Africa or failing that the African Union (AU) should call for an Africa-specific conference to address this issue.
By Charles A. Ray
November 4, 2021
Geopolitical Analysis of the “Power Shift” and Russia's Special Interest in Sudan
Sudan, located in the northeast Africa, has deepening economic crisis, so many social and political forces. While some are advocating for developing democracy, others have, under the circumstances, aligned with the military, which has accused the civilian governing parties of mismanagement and monopolizing power.
By Kester Kenn Klomegah
November 3, 2021
The Post-Pandemic World and US-China Rivalry
The post-pandemic world will not be determined by the outcome of the confrontation between the US and China, or by splitting the world into two competing camps, writes Nelson Wong, Vice Chairman of the Shanghai Centre for RimPac Strategic and International Studies, speaker at the Special Session of the 18th Annual meeting of the Valdai Discussion Club.
By Wong Nelson
November 1, 2021
From Trade Gateway to Risk Guarantees: What Russian Businesses Can Offer Africa
Africa today is one of the most attractive markets and promising regions for long-term investment. The continent shows the world's highest consumption growth rates. Russia has recently joined business activities in the region. The first-ever Russia-Africa summit, held in Sochi in 2019, was a powerful impetus for this. The second one is due in 2022. Both sides expect a considerable increase in the number of contracts that will be concluded.
By Kristina Miroshnichenko
October 29, 2021
Guinea: Simandou Is China’s Poisoned Chalice
In September 2021, Alpha Conde — the octogenarian president of Guinea — was toppled by the special forces he created. It is the latest episode of political instability in the West African state with not only rich resources but also a history of military coups.
By Luke Hurst, Peter Cai
October 25, 2021
What Do Russia and Nigeria Share in Common?
After Soviet's collapse, Russia has been struggling to find ways of regaining part of its Soviet-era economic influence throughout Africa. Nigeria is high on Russia's agenda for reviving multifaceted business ties, at least to share the market and take up opportunities similar to external players such as the United States, Europe and China.
By Kester Kenn Klomegah
October 17, 2021
Q&A: African Development Bank Chief Says Continent Ripe for Investment
VOA’s Peter Clottey spoke with Akinwumi Adesina, Nigerian economist, to discuss why he thinks the continent is ripe for foreign investment – especially from the United States. This interview has been edited for brevity and clarity.
By Peter Clottey, Voice of America (VOA)
October 17, 2021
BRICS’ Influence Grows as Three New Members Join the New Development Bank
The selection of the UAE, Uruguay and Bangladesh as the first three non-founding partners of the NDB indicates the intentions of BRICS – regional expansion with a focus on economic and transportation cooperation. This cooperation, as well as integration, is especially crucial as the world struggles to deal with the COVID-19 pandemic and the economic fallout.
By Paul Antonopoulos
October 13, 2021
Chinese Investment In Africa Has Had ‘Significant And Persistently Positive’ Long-Term Effects Despite Controversy
Professor Crescenzi and Nicola Limodio, Assistant Professor of Finance at Bocconi University, Milan, conducted the research, using Ethiopia as a case study, by leveraging an innovative combination of data on firms, investments and local economic activity. They focussed on analysing medium and large manufacturing firms and Chinese FDI location choices.
By Riccardo Crescenzi, Nicola Limodia
October 11, 2021
Delta And The Cost Of Border Closures In Southeast Asia
The only countries in Southeast Asia that have started opening their borders to non-essential international travel are Singapore and Thailand. Singapore has opened up to a few countries with low infection and high vaccination rates, some of which have reciprocated.
By Jayant Menon
October 11, 2021
Treasuring Africa’s Seas and Oceans
As an island nation state totally surrounded by the ocean, Seychelles considers water bodies worthy of special status and recognises them to be among Africa’s most prized natural assets.
By H.E. Wavel Ramkalawan
September 30, 2021
China’s Trade With Africa Reaches Record Highs
A recent report by Economist Corporate Network, supported by Baker McKenzie and Silk Road Associates, BRI Beyond 2020 (Economist report), showed how these strengthening trade links are, in part, a result of favourable financial incentives offered to African jurisdictions by China. According to the Economist report, 33 of the poorest jurisdictions in Africa export 97 per cent of their exports to China with no tariffs and no customs duties.
By Virusha Subban
September 24, 2021
Europe’s Priorities to Cushion Africa
In Africa, we have the paradox that 6 out of 10 of the most quickly growing countries, most dynamic economies are African economies but at the same time, 36 most vulnerable countries are also in Africa. It is a very heterogeneous continent. And all countries will be affected but for most, if we do not give debt relief, and I mean much more than just freezing payments, we are going to go into a crisis of external debt, and this we cannot afford.
By Josep Borrell
September 21, 2021
US Values Vs Chinese Values: Empire Vs Bandung As Seen From Cape Verde
The humiliation of Africa and China at the hands of Europe and the US cannot be brushed aside. When considering China’s current investment in Africa and Africa’s openness to this investment – it is imperative to include the long African and Chinese struggles against western imperialism.
By Aidan O’Brien
September 14, 2021
Debt Situation in Developing Countries
The coronavirus pandemic has worsened the debt situation in many developing countries
By Sergey Karataev
August 23, 2021
Russia’s Association of Economic Cooperation with African States (AECAS) complements Forum on China-Africa Cooperation (FOCAC).
Financing projects in Africa is one of the important keys and, at the same time, the most difficult issue for major Russian companies attempting to expand to Africa, and the financial instruments at their disposal are insufficient according to Anna Belyaeva, Executive Director of the Association of Economic Cooperation with African States.
By Kester Kenn Klomegah
August 18, 2021
SADC: Dr. Lawrence Stergomena Tax Says Goodbye, and Calls for Scaling Up Sustainable Development in Southern Africa.
Exclusive Interview by Kester Kenn Klomegah
By Kester Kenn Klomegah
August 2, 2021
The LAPSSET Corridor Is China's Latest Silk Road In East Africa
IGAD's Chinese-backed infrastructure projects will eventually create a regional version of Beijing's vision for a Community of Common Destiny, one of the central philosophical tenets behind BRI.
By Andrew Korybko
June 8, 2021
Struggle for influence in Africa
Africa is of natural interest to the leading political forces operating on the world stage. It has a huge territory, more than a billion people and natural resources, which, according to various estimates, make up 30-40% of all mineral reserves of the planet. At the same time, the level of development of the continent itself, at least in the last five hundred years, is significantly lower than the level of development of the surrounding European and Asian countries.
By V.M. Sergeev, VIPerson
May 27, 2021
China and Russia Launch a ‘Global Resistance Economy’
The U.S. will ignore the message from Anchorage. It is already testing China over Taiwan, and is preparing an escalation in Ukraine, to test Russia.
By Alastair Crooke
March 15, 2021
Russia-Africa Summit: The Roadmap to Africa, Shift in Geopolitical Relations
Russian President Vladimir Putin has sent warm greetings to African leaders, business people and participants early October, signaling that everything is set for the first Russia-Africa Summit in Sochi, southern coastal city of Russia.
By Kester Kenn Klomegah
February 26, 2021
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