Author: Eddy Micah

Africa’s abundance of natural resources, a young and eager population, and economic reforms have made it a global player in trade and commerce. While Western countries face competition from China and Russia, investment in agriculture, energy, and rare earth minerals in Africa continues to grow. New players like India and Saudi Arabia are also exerting influence on the continent, alongside China. Foreign investments in Africa reached a record $83 billion in 2021. Growing appetite for opportunities Both the West and emerging players seek partnerships with African nations to avoid trade wars, leading to a shift in the approach to investments…