Turkey’s relationship with Ethiopia is one of its strongest in Africa, and over the past decade has evolved from merely trade-related to more of a strategic political partnership, with both government’s playing key roles. With Turkey fulfilling Ethiopia’s need for foreign investment, Ethiopia remains a willing partner in Turkey’s fight against the so-called Fethullahçı Terör Örgütü (FETÖ).
Depending on which stance is adopted, Egypt and Sudan are simultaneously the best of friends and the worst of enemies. It is no secret that these countries have their differences, with notable issues playing out publically. However, there is much that binds these two African nations and the recent friction must be understood in context, to gain a deeper understanding of the impact this may have on investments.
Sinopec’s acquisition of Chevron’s downstream businesses in South Africa and Botswana is China’s first major investment into Africa’s downstream oil industry. With energy demand in Africa continuing to increase – and demand slowing in China – Chinese companies are consequently turning to foreign markets to secure further customers for continued growth. Conversely, these investments may merely be part of a wider politically-motivated plan aimed at promoting China’s political influence across, not only Africa, but the wider international community.
Militant groups in Nigeria condemn the failure of the government to force the relocation of oil companies to the Niger Delta, increasing the risk of future attacks on oil infrastructure
This is Part II of a two-part article reviewing Nigeria’s agriculture sector – its opportunities and key players. Today’s contribution reviews the key players involved in the production of rice, wheat, and sugar.
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The government of Nigeria is actively promoting the country’s agriculture sector as a viable alternative to oil. Various schemes and investment incentives have been introduced, but the sector remains hampered by lack of infrastructure. Despite this, several businesses are capitalising on the move to make agriculture a key industry once again. This analysis covers emerging sector opportunities, and reviews its key players.