The United Arab Emirates (UAE) continues to strengthen its position as the leading investor in Africa, with significant contributions to renewable energy and infrastructure development

From solar energy projects in North Africa to large-scale infrastructure initiatives in East and West Africa, UAE-backed initiatives are transforming the continent's landscape. However, concerns remain about labor practices and environmental standards.

Dr. Carole Nakhle, President of the Arab Energy Club, shared her insights on this crucial topic during an exclusive interview. She highlighted what sets the UAE's approach apart from other international investors. “The UAE brings a unique combination of strategic vision and financial power, along with a focus on long-term partnerships,” Dr. Nakhle noted. However, she emphasized the importance of African governments taking a proactive role to ensure these projects deliver tangible benefits to their citizens.

“It’s about finding the right balance,” she stated, urging African leaders to establish robust frameworks that safeguard local interests while promoting foreign investments.

Zimbabwe struggles with the rise of counterfeits.

Zimbabwe's economy faces a growing threat from counterfeit products, which not only harm legitimate businesses but also pose serious public health risks. From fake pharmaceuticals to adulterated food, the problem has reached alarming levels.

To address this situation, the Zimbabwe Revenue Authority (ZIMRA) has stepped up its efforts to monitor and control the entry of counterfeit products. With enhanced border security measures and public awareness campaigns, the government aims to protect consumers and preserve the integrity of its market.

Correspondent Keith Baptist reports that despite these efforts, challenges persist, including limited resources and the ingenuity of counterfeiters. Nonetheless, authorities remain determined to eradicate this threat, recognizing its long-term economic and social implications.

The African economy shows signs of recovery.

Africa's economic outlook offers a glimmer of hope amid inflation, rising debt, and climate challenges. According to recent projections, the continent's GDP growth is expected to rise from 3.4% in 2024 to 3.7% in 2025, driven by improved economic conditions in key regional economies such as Nigeria, Kenya, and South Africa.

This modest recovery is supported by structural reforms, increased investments in key sectors, and a rebound in commodity prices. However, experts warn that achieving sustainable growth will require addressing systemic issues such as youth unemployment, infrastructure deficits, and the climate crisis.

Article source: africanews