Africa Asia Columns Emerging Markets Europe Headlines International

Gulf states expand economic influence in Africa, challenging European dominance — ECFR report

In recent years, the Gulf monarchies have pivoted towards a more geo-economic strategy in Africa, diversifying their engagements from security and political interests to economic development, says a new report by the European Council on Foreign Relation (ECFR), noting that the Gulf expansion could also exacerbate the ongoing decline in European involvement in the continent. […]