Greenlights

Algeria's New Law: A Paradigm Shift in Mining and Economic Diversification Algeria's parliament recently approved a landmark law that transforms the landscape of its mining industry. This significant legislation allows foreign companies to own up to 80% of mining projects, signaling a bold new direction for this OPEC nation as it strives to diversify its economy. Have we reached a turning point in Algeria’s economic narrative? Only time will tell. A resounding majority of lawmakers supported this initiative during…

The Dawn of a New Era in Egyptian Renewable Energy In a significant move towards sustainable energy, the African Development Bank Group's Board of Directors has approved financing of up to $184.1 million for the Obelisk solar project in Egypt. Set against the picturesque landscape of southern Egypt, this venture is on track to become Africa’s largest solar power plant, a testament to the continent's commitment to harnessing renewable resources. Imagine a sprawling solar photovoltaic (PV) facility paired with a…

The Expanding Russian Influence in Africa: A Nuclear Partnership with Mali and Burkina Faso Recently, the Russian government sanctioned a significant move that underscores its growing presence in the African energy sector. This initiative entrusts Rosatom, Russia's state atomic energy corporation, with responsibilities to facilitate the development of nuclear energy agreements on behalf of Moscow. But what does this mean for Mali and Burkina Faso, countries struggling to address their…

Russia and the Republic of Congo: A New Era in Energy Collaboration Russian President Vladimir Putin recently made headlines by ratifying a strategic agreement to collaborate with the Republic of Congo on the construction of the Pointe-Noire-Loutete-Maloukou-Trechot petroleum product pipeline. By signing the bill into law, Putin sets the stage for a significant development in not only African energy infrastructure but also Russia's geopolitical strategy. This ambitious project connects three pivotal towns:…

Jeddah (AX) – A significant milestone has been reached in the realm of international security cooperation. The government of Saudi Arabia has formally sanctioned a landmark security agreement with Somalia’s National Intelligence and Security Agency (NISA) aimed at combating the ever-pressing threats posed by terrorism and terrorist financing. This decision, reported by the Saudi Press Agency (SPA), reflects a deepening commitment to address shared security concerns. The formal endorsement of this agreement took place…

Strengthening Ties: Somalia and Gulf Countries Unite Against Shared Threats In a notable move towards bolstering its national security framework, Somalia has recently inked an agreement aimed at fostering closer ties with Gulf nations, particularly with the Kingdom of Saudi Arabia. This pact stands as a symbol of Somalia’s proactive approach in seeking reliable partnerships to combat persistent threats posed by extremist groups such as al-Shabaab and ISIS. It’s a notable step not just for Somalia, but also for the broader…

The Future of Mozambique's LNG Project: A Story of Challenges and Resilience Exciting developments are fueling the optimism of Mozambique's long-anticipated LNG project. Recently, the board of the U.S. Export-Import Bank extended its approval for a nearly $5 billion loan, invigorating the once-stalled initiative spearheaded by the French oil behemoth, TotalEnergies. For some, this development is akin to breathing life into a slumbering giant, rousing the project from its dormancy. But why was this project, with so much…

Embracing a New Era: Somalia's Security Transition In the bustling atmosphere of Addis Ababa, African defense ministers recently convened to take a pivotal step forward for Somalia's future. They meticulously crafted a blueprint for the deployment of the African Union Support and Stabilization Mission in Somalia (AUSSOM), marking a momentous phase in Somalia’s journey towards self-reliance. But what does this transition mean for Somalia, a nation that has weathered turbulent storms over the last two decades?…

Mogadishu (AX) – In a recent move that draws attention to the complex geopolitics of the region, the Turkish Parliament has given its nod to an important presidential motion. This decision greenlights the continued deployment of Turkish naval forces in certain strategic waters: the Gulf of Aden, the waters off the Somali coast, the Arabian Sea, and nearby regions. Scheduled to remain in effect until February 10 next year, this extension underscores Türkiye’s unwavering resolve in tackling the maritime threats lurking in…

The U.S. House of Representatives took a decisive stand by overwhelmingly backing a controversial bill aimed at imposing sanctions on the International Criminal Court (ICC). This move comes after the ICC issued arrest warrants for Israel's Prime Minister, Benjamin Netanyahu, and former Defense Minister, Yoav Gallant. Termed the “Illegitimate Court Counteraction Act,” this bill passed with a robust vote of 243-140, displaying a clear stance in favor of Israel. "America stands against what it perceives as a kangaroo court,"…