DW.com·3 min read·medium
Why Gulf states are investing billions in Africa
K
Kersten Knipp
✦AI Summary
Gulf Cooperation Council states, particularly the UAE and Saudi Arabia, have invested over $100 billion in Africa over the last decade. These investments aim to diversify their economies away from hydrocarbons and strengthen regional trade ties.
Wealthy Gulf states are investing billions in African countries. But the nations involved all have different objectives. What's behind the investments and what's in it for African countries?
economybusinessworld
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