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Qatar joins Gulf neighbours in African funding game with US$103 billion pledge

Global gas giant Qatar has pledged to invest US$103 billion in Africa in the coming years, joining Gulf neighbours the United Arab Emirates and Saudi Arabia as the continent’s biggest financiers amid waning interest from the West and China. Six sub-Saharan African countries are set to benefit from agreements signed during the second half of last month with Al-Mansour Holdings, a conglomerate owned by a branch of Qatar’s ruling al-Thani dynasty. Key critical metals producer the Democratic...


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