Africa’s Soaring Demand for Energy Creates Oil Storage Opportunities for Investors

Op Ed ESG

Africa’s annual appetite for gasoil and gasoline is expected to climb by as much as 8%, while demand for liquefied petroleum gas (LPG) has hit double digits. The continent’s growing home-grown energy supply will help satisfy some of the burgeoning demand. Africa produced 8.2m b/d of crude last year – 76% came from Nigeria, Algeria, Egypt and Angola, according to …

Egypt rejects Qatari offer to mediate between Sisi and the Muslim Brotherhood

Insights Egypt, Middle East/North Africa, World Politics

Egypt has rejected an offer by Qatar to mediate between Abdel-Fattah El-Sisi and supporters of the currently imprisoned and ousted president Mohamed Morsi of the Muslim Brotherhood. The rejection comes days after Egypt flamboyantly announced its ‘gift to the world’ during the opening of the new Suez Canal in which Sisi and his supporters attempted to demonstrate a show of …

Mr Cameron, your advisers on tackling extremism have got it all wrong

Sami Hamdi UK

Insisting on erroneous foreign policy decisions, exacerbated by Cameron’s invitation to Sisi to visit the UK, only further undermines the advocates for peace and democracy within the community and fuels the extremist argument that the ‘West will never allow you to decide for yourselves’. Moreover, the draconian measures being introduced to curb extremism only serves to push those on the border of extremism to extremism itself. Whilst many will proudly point to Britain’s involvement in Kosovo and Sierra Leone, these people fail to realise that the youths joining ISIS were too young to even comprehend Britain’s role in these countries. At the time of Britain’s involvement in Kosovo and Sierra Leone, these youths were not even halfway through primary school. What Theresa May and David Cameron must understand is that this is a generation whose defining points have been the Iraq war, Afghanistan, Egypt, and Syria.

Egypt bombs militants loyal to ISIL in Libya following beheadings video

Sami Hamdi Egypt, Middle East/North Africa, World Politics

Egypt has announced that it has bombed militants who have pledged loyalty to ISIL following a video that was posted on the twitter feed of a website that supports ISIL purporting to show the beheading of 21 Egyptian Christians. President Abdel Fattah al-Sisi addressed the nation on state television hours after the release of the video condemning the killings and …

Editor’s Piece: ISIL thrives as the West blunders

Sami Hamdi Middle East/North Africa, World Politics

ISIL’s explosive rise has upended the political status quo in the Middle East. Despite international efforts to contain and defeat the group, ISIL appears to be in solid control of its territory, demonstrating a daring and unprecedented financial self-efficiency not seen in other terrorist groups – even trading in oil with Mosul as its capital. More so, ISIL has demonstrated …