UAE ramps up African infrastructure investment as Gulf states compete for trade influence
AI Summary
The Abu Dhabi Fund for Development is accelerating oversight of major road infrastructure projects in Togo, Madagascar, and Nigeria. This move is part of Gulf states' broader efforts to expand their strategic infrastructure investments across Africa amid heightened geopolitical tensions and disruptions in global trade.
The Abu Dhabi Fund for Development is accelerating oversight of large road projects in Togo, Madagascar and Nigeria as Gulf states expand strategic infrastructure investments across Africa amid rising geopolitical tension and global trade disruptions
World Politics Markets Deals Real Estate UAE African infrastructure Abu Dhabi Fund for Development road projects Togo Madagascar Nigeria geopolitics