Arab Dollars for Africa

Arab Dollars for Africa explores how Arab funds can be recycled into the African Economy, with Africa having vast reserves of vital minerals that require investment. Arab states are well-placed to participate in the development of the African economy through state-to-state cooperation and individual enterprises.

Format: Hardback
Length: 172 pages
Publication date: 30 July 2023
Publisher: Taylor & Francis Ltd

First published in 1976, Arab Dollars for Africa delves into the potential of recycling Arab funds into the African economy. The long-term industrial future of Arab oil producers hinges on the availability of raw materials, and Africa, with its vast reserves of vital minerals, presents a significant opportunity for investment. While Africa possesses immense mineral wealth, the necessary capital to exploit these resources requires substantial investment. Arab states, with their strong economic and political presence, are well-positioned to participate in the development of the African economy through state-to-state cooperation and individual enterprises.

Africa and the Arab world share economic goals as members of the developing world and as key primary producers, with a common objective of establishing a new international economic order. This book provides in-depth analysis of investment opportunities in national development banks and individual agricultural and industrial projects. It serves as a valuable historical resource for scholars and researchers in African studies, international politics, and geopolitics.

The book highlights the importance of leveraging Arab funds for African development, emphasizing the need for strategic partnerships and sustainable investments. It explores the potential benefits of cooperation between Arab and African countries, including increased trade, infrastructure development, and job creation. The author also discusses the challenges and risks associated with such investments, such as political instability, corruption, and environmental concerns.

Arab Dollars for Africa offers valuable insights into the complex dynamics of international relations and economic development, providing a comprehensive examination of the role of Arab funds in shaping the African economy. It serves as a reminder of the interconnectedness of the global economy and the importance of collaboration and mutual benefit in achieving sustainable growth and prosperity.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032503448