Carnegie Endowment for International Peace
In its attempt to drastically reduce its dependency on Russian oil and gas, Europe is turning to Africa. But the move is problematic, as producing fossil fuels on the continent presents its own challenges.
Nigeria’s major development challenge is not the ‘oil curse’, but of achieving economic diversification beyond its dependence on oil revenues, and politics plays an important role in the policy choices that have created and exacerbated this challenge.
In this era of geopolitical competition, Europe believes it offers an approach based upon multilateralism and international solidarity. To convince others of this viable alternative, Europe must better understand perceptions in the Global South and improve its own international standing.
Persistent divides in digital connectivity threaten the socio-economic development of many countries and regions. Africa is among the most adversely impacted.
The war in Ukraine is is impacting millions of people across Africa, Asia and the Middle East and a food shortage is looming.
Africa is said to be the least connected region of the world to the internet, despite considerable growth in recent years.
While Macron’s pivot has created new political space for France-Africa engagement on more equal footing, the French president’s vision of mutual aid and reciprocal partnerships between France and African countries remains unfulfilled.
The reputational costs of climate hypocrisy are adding up.
A survey of Cameroonian fintech companies shows that they value cybersecurity but do not possess a unified strategy against cyber threats. Awareness campaigns and enhanced regulations could help safeguard the country's financial services sector.
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