(3 Minutes Read)
Dr. Carole Nakhle, President of the Arab Energy Club, highlighted what sets the UAE’s approach apart from other international investors. According to her, The UAE brings a unique blend of strategic vision and financial muscle, coupled with an emphasis on long-term partnerships.
The United Arab Emirates (UAE) is Africa’s top investor. Most of these investments are in green energy, particularly in solar projects in North Africa and infrastructure projects in Sub-Saharan Africa. Despite the continued surge in UAE investment, concerns are there about labor practices and environmental standards.
Dr. Carole Nakhle, President of the Arab Energy Club, highlighted what sets the UAE’s approach apart from other international investors. According to her, The UAE brings a unique blend of strategic vision and financial muscle, coupled with an emphasis on long-term partnerships.
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However, she emphasized the importance of African governments to ensure these projects yield tangible benefits for their citizens. She urged African policymakers to establish robust frameworks that protect local interests while encouraging foreign investment.
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