African Energy Week 2023 will proudly take place under the theme, ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization and Free Markets’ JOHANNESBURG, South Africa, May 8, 2023/ — Africa’s estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of proven gas reserves present an opportunity for the continent to accelerate the diversification of the energy mix and address energy poverty while driving industrialization, employment creation, gross domestic product growth and environmental sustainability. In this regard, the 2023 edition of the African Energy Week…
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ESG in Africa is colonialism 2.0
OPINION by N.J. Ayuk Many today believe the era of colonialism in Africa is over. They’re wrong. The era of colonialism in Africa has merely entered a new and insidious phase. Some call it “neo-colonialism.” I call it colonialism 2.0. In colonialism 1.0, Western and other nations conquered large parts of Africa, and in colonialism 2.0, they use their money to impose their unrealistic ideologies on an unwilling but still desperate continent. Nowhere is this more obvious than in the mania surrounding ESG, a set of environmental, social, and governance criteria for financial investments…
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