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Unleashing tens of billions of investment across Africa, the UAE and Saudi Arabia are buying critical minerals and political influence, The strategy of the oil-fired Gulf States in Africa appears to be modelled on a foreign policy dictum coined by Ghana s founding President, Kwame Nkrumah: We face neither east nor west – we face forwards. Like Nkrumah, the Gulf monarchs alternate between cutting deals in Washington and Beijing and Moscow. Unlike him, they have trillions of dollars in sovereign wealth funds and face no immediate threats of coups d état. ....
Kinshasa stands to lose revenues worth tens of millions of dollars in opaque deal with company linked to Abu Dhabi s national security advisor, In one of the most egregious mining contracts signed so far by President Félix Tshisekedi s government, he has endorsed the award of exclusive rights over the country s entire artisanal gold, tin, tungsten and coltan (3T) production for the next 25 years to Primera Group Ltd, a United Arab Emirates (UAE)-based company. ....